GoldPesa Option

GoldPesa Option

GPO
$0.788858%-0.12

Key Metrics

Price$0.788858
Real Volume (24H)$130.36
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.803123
ATH Date11/30/2022, 3:45:37 AM
ATL$0.5056
ATL Date11/19/2022, 8:26:33 AM
Circulating SupplyN/A
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is GoldPesa Option?

GoldPesa Option (GPO) and GoldPesa (GPX) are innovative tokens designed to tap into the ever-growing interest in gold and cryptocurrencies. GPO is an exotic call option with a moving strike price, while GPX acts as a hybrid token, initially minted and sold at spot gold price + 1%. The GPX token is backed by 1 gram of physical gold, creating a unique asset class that offers earnings to its holders.

GPO holders have the option to purchase newly minted GPX tokens at spot gold price + 1%. This hybrid token is collateralized and its price is expected to float with a premium due to its earnings aspect. 50% of all fees generated by GoldPesa are invested in a brokerage account managed by PAWN, a proprietary and highly intelligent trading algorithm. The profits generated by PAWN are used to buy back and burn GPX tokens, effectively reducing supply and increasing demand. This creates a virtuous cycle where GPX tokens are expected to trade at a premium, and the intrinsic value of GPO tokens increases as it is correlated to the premium of GPX.

GPX tokens will be available on decentralized and centralized exchanges where investors can purchase them in the secondary market at an expected premium, depending on the performance of the PAWN algorithm. GPO tokens were launched on the Ethereum MainNet on Oct 12, 2021 with a hard cap of 100 million GPO tokens created at genesis and a wallet hard cap of 100,000 GPO per wallet.

GoldPesa is the brainchild of Shamik Raja, a developer and computer engineer with extensive experience in digital signal processing, programming, commodities, and quantitative science. Raja earned a degree in Electrical & Computer Engineering from the University of British Columbia in Canada and has spent over 8 years in the precious metals sector, combined with over 20 years in quantitative science and engineering. GoldPesa represents Raja’s vision to create an automated commodity-buying system that uses algorithmic calculations to navigate complex international commodity and currency markets.

GoldPesa Option (GPO) is a unique investment opportunity that offers the chance to participate in the gold market without the need for physical storage or the risks associated with traditional gold investment. This innovative token is a type of call option that allows holders to purchase newly minted GPX tokens at the spot gold price +1%. The GPX token, in turn, is a hybrid token that is initially minted and sold at the same price, and is collateralized and pegged to gold. Each GPX token represents one gram of physical gold, providing a secure and tangible investment option.

The beauty of GPX lies in its hybrid nature, which is designed to allow for price growth in the long run. GoldPesa invests 50% of all fees in a brokerage account managed by PAWN, a proprietary and highly intelligent trading algorithm. This investment strategy is what gives GPX its earnings potential, effectively creating earnings on an asset class (gold) that generally does not have any earnings. By creating earnings, the market is expected to trade GPX at a premium, depending on the performance of PAWN. This premium is what makes GPX a potentially profitable investment opportunity.

GPX tokens can be minted by GPO holders who exercise their option and purchase newly minted GPX tokens. Once minted, GPX tokens will be available on a number of decentralized and centralized exchanges, where investors can purchase them in the secondary market at an expected premium. This premium is also dependent on the performance of PAWN, the proprietary and highly intelligent trading algorithm.

GPO was launched on the Ethereum MainNet on October 12, 2021, with a hard cap of 100 million GPO tokens created at genesis. Each wallet is limited to holding 100,000 GPO tokens, ensuring that the investment opportunity remains accessible to a wide range of investors.

GoldPesa is the brainchild of developer and computer engineer Shamik Raja, who has extensive experience in digital signal processing, programming, commodities, and quantitative science. Raja earned his degree in Electrical & Computer Engineering from the University of British Columbia in Canada and has spent over 8 years researching the application of digital signal processing to create an automated commodity-buying system. The result of his work is GoldPesa, an amalgamation of his experience in the precious metals sector and over 20 years of experience in quantitative science and engineering.

In conclusion, GoldPesa Option (GPO) is a unique investment opportunity that offers the chance to participate in the gold market without the need for physical storage or the risks associated with traditional gold investment. With the backing of PAWN, a proprietary and highly intelligent trading algorithm, GPX has the potential to trade at a premium, making it a potentially profitable investment opportunity.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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