GOLDOG
~Fusions of Gold Backed and Crypto Assets~
1. Introduction
1.1 Project Overview
GOLDOG is a DAO token that pursues price formation through the free supply and demand unique to cryptocurrencies while holding the traditional and highly stable asset of gold as a DAO treasury. We aim to create next-generation digital assets that combine the "foundation of trust" through gold holdings with the "high growth and high liquidity" of crypto assets.
1.2 Vision & Mission
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Vision: "Digitize the historical value that gold has built and provide participants with new opportunities to build assets."
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Mission: Go beyond traditional gold and cryptocurrency investments and build a mechanism that makes it easy for global users to participate while leveraging the governance and diverse utilities of DAOs.
2. Market Background
2.1 Growth of the Crypto Asset Market
The crypto asset market, which has long been called the "winter period," is expected to see a further bubble-like surge from 2025 onward. With the recovery of existing cryptocurrencies such as BTC, attention is focused on emerging tokens with diverse use cases, creating opportunities for global capital inflows.
2.2 Stability and brand power of gold
For thousands of years, gold has been recognized as the "ultimate store of value" in countries around the world. Because it remains in high demand during financial crises and inflation, many institutional investors and high-net-worth individuals include it in their portfolios. By bringing such stability and brand power to the world of crypto assets, we aim to increase the credibility of tokens.
2.3 GOLDOG's APPROACH
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Aiming for explosive growth in crypto assets while providing a sense of trust through gold backing
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While achieving a "significant expansion of asset value" through high leverage and market supply and demand, it also ensures "minimum stability and peace of mind" through gold holdings.
3. Basic Concepts of Project Design
3.1 Gold Holdings Are the "Basis of Credit"
It does not peg the price of the GOLDOG token directly to gold. By holding a large amount of gold as a DAO,
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Demonstrate that the DAO is not a substantial "empty asset"
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Sell and buy gold as needed, and provide safety functions in the event of a market decline
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If the price of gold rises, the DAO's financial position will become stronger, which will indirectly increase the sense of security of token holders
3.2 Price formation through free supply and demand
The market value of a token is determined by buying and selling on exchanges and markets, just like any other cryptocurrency. Since it is not tied to the value of gold, it can rise significantly if supply and demand overheat, making it an attractive capital gain opportunity for investors.
3.3 Leverage Design (Asset Management Using Options)
By using internal funds to combine gold ETFs, futures, DITM call options, etc., the DAO holds a large nominal value at a smaller amount than spot purchases, aiming for high capital gains.
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DITM call option operation example:
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Roll over options regularly to maximize profits when gold prices rise
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Management of maturity and other matters is carried out by DAO governance, and investment reports are made transparent and public.
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4. GOLDOG Token Overview
4.1 Token Symbols
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Name: GOLDOG
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Symbol: GLDG
4.2 Total volume issued
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Maximum supply: 1 billion (1,000,000,000)
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DAO Reserve: A percentage is locked up for operations and community development
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Public sale: Up to 500 million copies (50% of the total) to be released to the market
4.3 Pricing
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At the time of initial issuance and sale, a certain initial price (e.g., at the time of IDO/IEO) will be set. However, the final token price is determined by the market.
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Against the backdrop of gold assets, the DAO may intervene in the market (buying, burning, etc.) as necessary to prevent the token price from falling unfairly.
4.4 Utilities
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Staking (optional)
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Token holders can lock into a predetermined smart contract to earn additional token rewards.
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The reward rate will fluctuate according to the growth of the community (volume and DAO revenue) and aim for a maximum annual interest rate of about 50%.
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Community Growth Bonus
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Just by trading and holding GOLDOG, we have a mechanism to distribute additional tokens as a bonus every time the overall volume exceeds a certain level.
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The bonus is up to 30% and increases in stages until the limit is reached.
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5. Treasury Investment Policy (Gold Holdings)
5.1 Gold Holdings
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Use a portion of the DAO's financing to acquire a gold ETF or gold bullion.
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If the price of gold rises in the long term, the treasury value will increase, and the financial foundation of the community will be strengthened.
5.2 Leveraged Positions (DITM Option)
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To aim for a higher capital gain than physical holdings, "leverage" is applied by using DITM calls.
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By rolling over the option before expiration, it follows the price movement of the gold price, and if the value of the option rises significantly, it also buys additional gold at a partial profit.
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In the event of a sharp decline in the market, the losses incurred will also be large, so risk management and hedging strategies will be considered through DAO governance.
5.3 Information Disclosure and Auditing
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Disclose your treasury status on a regular basis:
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Holdings (ETFs/Options Balance)
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Change in valuation gains and losses, gold ratio
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Establish auditing procedures to ensure that users are confident of the existence and valuation of their gold holdings.
6. Sorting out the pricing model and its relationship with gold
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Token price = fluctuates with market supply and demand
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If investor buying demand is strong, it will rise significantly, and if selling increases, it will fall.
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Even if the price of gold rises, the token price does not always move in tandem (without a peg).
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Indirect Effects of Gold Holdings
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Gold prices will rise → DAO's finances will stabilize and expand → Investor sentiment may turn positive and demand for token buying may increase → Support token prices.
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When the market deteriorates, the DAO sells gold to support buying and burn tokens → Slightly reduces the risk of a token crash.
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Floor price image
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Cash out your gold assets in the event of a DAO dissolution or emergency → Some kind of return to token holders (determined by governance vote)
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This leads to a sense of security that "it may not be a true zero", but it is not legally "guaranteed to be cashed".
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7. Governance and Community Management
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DAO Governance
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Token holders will be granted the right to vote and make proposals and will make decisions on the management policy (gold ownership ratio, option roll strategy, etc.).
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Adopt a transparent on-chain voting system to evolve the project in a community-driven manner.
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Community Incentives
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In addition to staking and growth bonuses, events and AMA (Ask Me Anything) are held to stimulate the exchange of information among investors.
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The development of DAOs will lead to an increase in the value of tokens, aiming for a virtuous cycle that strengthens the entire ecosystem.
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8. Roadmap (example)
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Phase 1: Token Design and Platform Construction
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Smart Contract Audits
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DAO Governance System Establishment
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Initial Gold Purchase and Introduction of DITM Option
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Phase 2: Public Sale & Listing
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Sales of up to 500 million copies (IDO/IEO, etc.)
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Listed on overseas exchanges/DEXs
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Increase awareness through marketing efforts
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Phase 3: Staking & Growth Bonus Introduction
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Staking Contract Launch
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Volume-linked bonus function launched.
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Regular community events
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Phase 4: Strengthening Governance & Expanding the Ecosystem
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Further sophistication of gold purchase and option management
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Collaboration with other projects, DeFi collaboration, etc.
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Growing the number of users globally
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9. Risks and Precautions
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Market Risks
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The price of GOLDOG tokens is affected by market supply and demand and can rise or fall sharply.
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Gold and options held by DAO treasury may incur losses.
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Options Leverage Risk
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The DITM call is a factor that extends the decline when gold prices fall.
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Technical and financial skills, such as expiry rolls and time decay, are mandatory.
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Regulatory Risks
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There is a possibility of conflicting with the laws and regulations of crypto assets/financial products by the country or region.
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The Project does not constitute investment advice or principal guarantee.
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Limitation of Liability
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The content of the white paper is a plan, and there is no guarantee that it will be realized.
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Profits and losses from purchasing and holding tokens are judged at your own risk.
Let's harvest
the future
OpenHarvest does not provide services to nationals and residents of certain regions, including the USA, Iran, North Korea, China and Vietnam. The system is a service of the OpenHarvest Foundation, which operates under the DAO system.
OpenHarvest
Let's harvest
the future
OpenHarvest does not provide services to nationals and residents of certain regions, including the USA, Iran, North Korea, China and Vietnam. The system is a service of the OpenHarvest Foundation, which operates under the DAO system.
Get to know GOLDOG
Project Overview
GOLDOG is a DAO token that pursues price formation through the free supply and demand unique to cryptocurrencies while holding the traditional and highly stable asset of gold as a DAO treasury. We aim to create next-generation digital assets that combine the "foundation of trust" through gold holdings with the "high growth and high liquidity" of crypto assets.
Vision & Mission
-
Vision: "Digitize the historical value that gold has built and provide participants with new opportunities to build assets."
-
Mission: Go beyond traditional gold and cryptocurrency investments and build a mechanism that makes it easy for global users to participate while leveraging the governance and diverse utilities of DAOs.
Market Background
The crypto asset market, which has long been called the "winter period," is expected to see a further bubble-like surge from 2025 onward. With the recovery of existing cryptocurrencies such as BTC, attention is focused on emerging tokens with diverse use cases, creating opportunities for global capital inflows.
For thousands of years, gold has been recognized as the "ultimate store of value" in countries around the world. Because it remains in high demand during financial crises and inflation, many institutional investors and high-net-worth individuals include it in their portfolios. By bringing such stability and brand power to the world of crypto assets, we aim to increase the credibility of tokens.
Basic Concept
It does not peg the price of the GOLDOG token directly to gold. By holding a large amount of gold as a DAO,
-
Demonstrate that the DAO is not a substantial "empty asset"
-
Sell and buy gold as needed, and provide safety functions in the event of a market decline
-
If the price of gold rises, the DAO's financial position will become stronger, which will indirectly increase the sense of security of token holders
The market value of a token is determined by buying and selling on exchanges and markets, just like any other cryptocurrency. Since it is not tied to the value of gold, it can rise significantly if supply and demand overheat, making it an attractive capital gain opportunity for investors.