The first Ekon Gold has been minted

Get yours on Eidoo

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Initial Exchange Offering successfully ended

The gold standard strikes back, along with a restored confidence in asset-backed crypto.
1 EKG is backed by 1 gram of gold (999) and redeemable as you go.

It is properly audited, transparent and fully backed - for real

Please be advised that the  information mentioned are not intended for citizens or residents of the United States of America, Canada, North Korea, China, and other restricted countries according to our AML policies

What is Ekon Gold and how does it work?

Thanks to the blockchain technology, Eidoo has created a "stable coin" which is 100% backed by physical gold

Bitcoin and other cryptocurrencies have no backing assets, their price is determined solely by market demand.
Since the so-called gold standard had been abolished, there are no fiat currencies that are 100% backed.
EKG's goal is to restore the gold standard in the internet era.

EKG — Token Details

Ticker

EKG

EKG Token Price (USD)

Pegged to Gold (spot price)

Peg

1 token = 1 gram of gold (999)

Guarantees given on the actual backing

• Frequent audit by an independent certified auditor
• The physical gold is covered by insurance in full
• Monitorable by anyone at any time

Storage of the physical gold

Certified Vault in Switzerland (Lugano)

EKG — Issuance and Redeem

Minimum Order Size for Issuance

€25,000

Issuance Start Date

Monday, 14th May 2019

Issuance Price

Gold spot price + 7%

Issuance Procedure
Redeem Fee

The higher between 3% and €500

Redeem Procedure

Learn more on ekon.gold

KYC Tier Required

Tier 2 on Eidoo App

Country Restrictions

United States of America, Canada, North Korea, China, and other countries according to our AML policy

Issuer

Eidoo SAGL

EKG — Secondary Market on Eidoo

Pairs

EKG/ETH — EKG/USDT

Release Date

Tuesday, 21st May 2019

Minimum Order Size

0.3 ETH

Fee

2% (paid in EDO)

KYC Tier Required

No Tier

The first Ekon Gold has been minted

Learn more
Get EKG on Eidoo