Comtech Gold CGO

1. Summary

Ranks

Liquidity

40

Developer

-

Social

47

Momentum (beta)

67

Stack Rank™

-

Price

$86.92 -0.3%

Market Cap

$11.47M (#1531)

Supply

141,000.00 / 141,000.00

Tags

Tokenized Gold XDC Ecosystem Real World Assets (RWA)

More Metrics

Price
52W High price	$78.02
52W High date	21st May 2024 (6 months ago)
All Time High (ATH) Date	12th May 2024 (6 months ago)
ATH Price	$88.62
% From ATH	-16.76%
All Time Low (ATL) Date	27th Sep 2022 (2 years ago)
ATL Price	$51.61
% From ATL	42.93%

Supply & Trading Volume
Trading Volume (24h)	$666,156.00
Total Supply	141,000.00
Circulating Supply	141,000.00

Less Metrics

Description

Overview

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Overview

Comtech Gold is the first token to be 100% Shariah-compliant. Each CGO token represents one pure gram of gold, which is fully backed by physical gold and has its own audit trail of transactions. The token aims to solve the problem of traditional gold ownership, which can be difficult to store and transport. Unlike gold futures, Comtech Gold provides ownership of the underlying commodity.

Physical Gold Backing

Each token is backed by a piece of gold, and physical gold bars are stored in internationally accepted vaults in the UAE. The gold is sourced from recognized refineries and is 999.9 pure. Token holders can convert their tokens to physical gold when they hold coins equivalent to 1 kg or more.

Digital Custodian

Comtech Gold uses an approved digital custodian, which maintains records and offers accountability and an audit trail for all transactions. The system is built on the XDC hybrid blockchain, which provides transparency and auditability while protecting data.

Features

• Each token represents 1 gram of pure gold.
• Fully backed by physical gold.
• Shariah-compliant with Fatwa certification from Amanie Advisors Ltd.
• Zero custodian fees.
• Instant settlements using the XDC Network.
• Tokens can be redeemed for physical gold.
• Decentralized verification protocol.
• Divisible to 18 decimal points.
• Transactions are recorded on a public ledger for transparency.
• Portal for retrieving information about gold transactions and proof of ownership.

Market Information

• CGO can be traded on decentralized exchanges such as Bitrue, LBank, and BitMart.
• Market capitalization and ranking information are available on CoinGecko and CoinMarketCap.
• Historical price data and price charts are available on CoinGecko and CoinMarketCap.

Security

• Physical gold is stored securely in internationally accepted vaults.
• Digital tokens are secured through the XDC hybrid blockchain.
• Decentralized verification protocol ensures trust and transparency.

Compliance

• Shariah-compliant with Fatwa certification from Amanie Advisors Ltd.
• Regulated and audited to ensure transparency and trust.

Resources

• Project website: comtechgold.com
• Social media: [list social media links]
• Official documentation: [list documentation links]

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