Connect with us

Press Release

Gold Standard DAO | Creating a Sustainable Platform with Dynamic Taxation and Gold Standard

Published

3 years ago

on

Gold Standard DAO is cruising high after partnering with LODE and completing its first presale. A sustainable tokenomics and tax structure followed by the highly successful presale to create a solid foundation for the platform to build further, Gold Standard DAO or GSDAO aims to leverage the stability of gold and help people secure their money, making it immune to market fluctuations and disturbances. The users will buy the $GSD token, but the tokens will be backed by real physical gold kept safely in special vaults. The project is launching soon, public sale followed by mainnet launch will take place within Q1 2022.

A Solution for Trading in Gold

Gold trading and investing against the metal has its issues, which the Gold Standard aims to solve. It decentralizes the entire system and turns it into a self-governing environment leaving out the policymakers from deciding the fate of the value of gold at any point.

No Centralized Authority

With the Gold Standard DAO, gold does hold its dynamism in terms of price, but it happens without the intervention of any single centralized authority. With GSDAO and blockchain integrated into this system, users enjoy more control over their investment and enjoy a better outcome.

As more users add tokenized gold in the treasury, the total value locked (TVL) increases, and the Annual Percentage Yield (APY) drops. When people sell from the treasury, it creates a dynamic impact leading to an increase in the APY, attracting more investment. This stabilizes the system and prevents it from going up and down too much. 

Working Of GSDAO

Each $GSD token is backed by 1 milli-ounce of tokenized gold in the treasury. The platform’s protocol is created in a way that the $GSD’s fair traded value is more than the intrinsic value of gold kept safely in the vaults.

Minting New $GSD Tokens

New $GSD tokens will be minted only when there is enough bullion to support the new tokens. This will make sure that there is no unwarranted minting of the tokens that can easily reduce the price by way of supply and demand disequilibrium. The Gold Standard DAO will launch within Q1 2022 on Avalanche initially then migrate to the Syscoin network when the Syscoin layer 2 is ready in a few months.

Bonds and Staking on GSDAO

Staking is a primary activity users can undertake to earn more $GSD. The $GSD tokens can be staked to earn rebase rewards, which in turn, comes from the bond sales. The users will stake $GSD in the predetermined protocol, and they will be rewarded according to the rates set by the monetary policy.

Introducing Dynamic Buying and Selling Tax

The selling tax is implemented to ensure the balance in the ecosystem, preventing losses for the investors even after some users decide to pull back their investments after profits. As it’s a decentralized system, Gold Standard DAO cannot stop the participants from withdrawing their contributions.

So, a better way around is to introduce a tax that will feed the withdrawn portion back into the system. The purpose is to ensure that users have the freedom to decide what they wish to do with their investment while maintaining the treasury health. 

How will the Buy and Sell Tax Be Implemented?

Both types of taxes are there to protect the treasury health. The sell tax will increase when the price falls while decreasing the buy tax. Both types of taxes are dynamic and will adjust according to the position and health of the platform. 

When the buy tax is less, it will incentivize buying, bringing more investors as some have decided to leave. 

Key features:

Gold Standard DAO has worked to build and run sustainable plus longevity-oriented protocol. GSDAO further aims to innovate and evolve its protocol and its functioning by expanding the treasury asset options. 

Interest Bearing Tokens: 

In addition to digital Gold (AUX), the protocol will allow the acceptance of Interest Bearing Tokens into the treasury. Interest bearing assets are fully collateralized representations of their own respective cryptocurrencies while at the same time providing users with a base interest rate just by holding them. 

NFT Auction:

The plan is to organize weekly / fortnightly NFT auctions with NFTs created by a few renowned artists to strengthen the treasury. These NFTs should be unique and very limited. Participants can only bid on the NFTs by using $GSD tokens. A big percentage of the $GSDs raised from the NFTs will go straight to the treasury. The idea is to incentivise purchasing of $GSDs and increase buying pressure while benefiting the treasury.

More innovative features will be added to the protocol to introduce additional use cases to benefit the treasury and protect the project against inflation.

Partnerships

To provide the required momentum to the entire system, GSDAO has partnered up with LODE and Syscoin Foundation.

LODE

LODE is an audited/registered Swiss corporate legal entity and is the primary supplier of AUX digital gold to the GSDAO treasury. Each AUX coin is backed by one milligram of 99.99% investment grade, vaulted and insured gold bullion. LODE then mints each AUX Coin and sells those coins into the global marketplace for sending, spending, trading, and storing value. 

Syscoin Foundation

The Syscoin network is a decentralized and open source project founded in 2014 by the founders of Blockchain Foundry. Syscoin’s value is in its security, speed and close ties to the Bitcoin codebase with scalability in mind and flexibility of the Ethereum chain.

Conclusion

Working on the principles of DAO, the Gold Standard DAO takes an innovative turn and will become the first platform of its kind on Syscoin. The users buying the $GSD token will get an assurance for their investment via real physical gold pegged to the tokens and reserved in vaults across the globe. The users will benefit from a new smart chain along with enjoying a stable currency platform getting assured returns on their investments.The Gold Standard DAO is set to launch within Q1 2022, exact dates will be announced on its website and social media platforms. 

Media Contact

Arthur Rothschild – Gold Standard DAO 

Website: www.gsdao.org

Email: admin@gsdao.org 

PR – Cryptoshib.comEmail – info@cryptoshib.com

Related Topics:
Continue Reading

Press Release

Camp Network, the Autonomous IP Layer 1 Blockchain, Launches its K2 Public Testnet

Published

11 hours ago

on

May 9, 2025

By

Following a Successful $30M Fundraise, Camp Launches K2 Public Testnet and Summit Series Campaign

Camp Network today announced the launch of its K2 public testnet for its Autonomous IP Layer 1 blockchain, alongside the Summit Series ecosystem campaign where users can traverse through live applications on Camp.

Summit Series offers users the unique chance to explore and engage with Camp’s growing ecosystem by completing onchain quests through a customized campsite frontend experience. The first set of decentralized apps are live for its Phase 1 launch, with dozens more rolling out in the coming months leading up to Camp’s anticipated mainnet release later this year. Camp’s ecosystem partners collectively reach over 5 million users and creative works, offering contributors a pathway to shape the future of onchain IP.

“We invite the community to join us as we hike toward the mainnet summit,” said James Chi, Co-Founder of Camp Network. “This is a chance to help shape the future of AI-native creativity and onchain IP provenance via live applications on Camp.”

The public testnet follows Camp’s recent $30M in total fundraising, including a Series A round co-led by 1kx and Blockchain Capital. Powered by its Proof of Provenance protocol, Camp enables users to register and tokenize their intellectual property onchain, train and deploy AI agents, and earn transparent, enforceable royalties from downstream usage. Camp’s architecture supports gasless IP registration, automated licensing and isolated execution environments optimized for agent-based workflows. It’s built to serve a new class of developers, creators and AI-native applications.

“The Summit Series kicks off a pivotal first step for our ecosystem partners. Each team has invested an incredible amount of work, and I’m excited for them to showcase what they’ve built to our community and beyond,” said Drew Rasansky, Head of Ecosystem at Camp Network. 

Camp Network is more than a blockchain — it’s a foundation for a more equitable internet, where creative work is protected, attributed and monetized transparently. Across any form of IP including art, music, film, data and videos, Camp enables collaboration between human creativity and intelligent systems, all backed by verifiable provenance.

To learn more about Camp Network, visit campnetwork.xyz. To join the Summit Series, visit testnet.campnetwork.xyz 

Website | Twitter | Discord | Docs 

Continue Reading

Press Release

Limoverse Skyrockets 68% After Revealing MAIA, the AI Agent Redefining Wellness Tech

Published

3 days ago

on

May 6, 2025

By

Limoverse, the leading Web3-powered health and wellness ecosystem, is riding a strong wave of momentum. With a 47% price increase in just seven days and nearly 70% growth over the past month, the $LIMO token is making its mark — fueled by strategic product rollouts, rising adoption, and the global launch of MAIA, the AI health agent that’s already shifting how people engage with their wellness.

Precision Wellness Goes Mainstream: MAIA’s Public Debut

At the center of this surge is MAIA — Limoverse’s AI-powered health agent designed to interpret blood and genetic data into personalized, actionable insights. After a month in early access, MAIA launched for public on April 30, allowing anyone to experience its advanced capabilities for the first time. For users, it brings health optimization down to earth — translating complex bio-reports into simple, human conversations.

“MAIA makes precision wellness as simple as chatting with a friend — and it’s already transforming user engagement,” said Dr. Sajeev Nair, Founder of Limoverse.

Token Utility Strengthens as Ecosystem Expands

With MAIA now available and the Limoverse SuperApp ecosystem gaining traction, the $LIMO token is evolving into a true utility asset. It unlocks premium features, advanced biomarker tracking, and a growing suite of AI-driven tools within the Limoverse platform. The user journey is no longer passive — it’s interactive, rewarding, and driven by meaningful, daily health inputs.

“Our community doesn’t just trade the token — they run, lift, meditate, and share biomarkers every day. That real-world utility is finally being priced in,” said Mohit Ahuja, Chief Strategy Officer.

Three‑Month Scorecard: February to April 2025

Limoverse’s growth over the past quarter highlights the power of consistent execution and strategic focus. Below are some of the key milestones achieved between February and April 2025:

  • 200k+ SuperApp downloads — Fastest quarter-to-quarter growth to date
  • 86M $LIMO burned — Sustained deflation via Move-to-Earn
  • 7 new CEX listings — Global liquidity expansion
  • Global Community Meet (Apr 29) — MAIA demo + roadmap unveiled
  • Crypto Debit Card beta announced — Health-driven crypto spending now a reality

Community-Driven Growth and Consistent Execution

Beyond tech, what sets Limoverse apart is the consistency in communication and commitment to its user base. Regular product updates, live events, and transparent dialogue have built trust across global users. As the platform evolves, the people who fuel it remain front and center — actively contributing to both product feedback and ecosystem growth.

Roadmap: What’s Next

With the recent wins laying a solid foundation, Limoverse is gearing up for its next chapter of growth:

  • iOS SuperApp Launch (Q2) — Includes face-scan vitals, AI fitness coach, and in-app $LIMO top-ups
  • Regional Expansion — Targeting 25k paid subscribers across North America, Southeast Asia, and Africa
  • Token Utility Expansion — Introducing subscription bundles, debit card rewards, and partner integrations
  • MAIA v2 Rollout — Enhanced wearable sync, multilingual voice support, and longevity-focused intelligence

A Future That’s Already in Motion

The surge in $LIMO isn’t just market noise — it reflects a project hitting its stride. With AI-driven health tools, real-world token utility, and a community-first approach, Limoverse is delivering on the promise of personalized, decentralized wellness. The past month was just the beginning. The next phase is about scaling that vision to every corner of the globe.

Official Website: https://limoverse.io

X: https://x.com/limoverseglobal

Telegram: https://t.me/limoverse

Continue Reading

Press Release

PeerGame Launches Seamless Wallet Integration with HandCash

Published

3 days ago

on

May 6, 2025

By

Leading cryptocurrency gaming company PeerGame has announced its exclusive integration with HandCash, which enables players to connect their crypto wallets and begin playing quickly and easily. 

HandCash is a digital wallet designed for seamless management of Bitcoin Satoshi Vision (BSV) and other digital assets. It allows users to make quick, secure transactions, store tokens, and interact with decentralised applications, all through a user-friendly interface. The integration with the PeerGame platform means no lengthy sign-up process is needed, and players can immediately enjoy PeerGame’s wide range of games. By streamlining the process, the platform ensures a frictionless entry into the gaming world.

This innovative partnership emphasises PeerGame’s commitment to offering a smooth, user-centric experience that puts control in the hands of the player. This is an example of one of the easiest and fastest ways to start playing, enhancing both convenience and speed for all players. BSV Blockchain’s fast transactions and low fees play a key role in this, providing instant deposits and withdrawals that further improve the overall experience. Transactions are seamless, ensuring that players retain full control of their funds at all times while offering greater security and transparency.

Margie Dobrowolski, Project Lead at PeerGame, commented: 

“This is an exciting new prospect for our clients as they will be able to instantly connect their wallets and begin playing, bypassing the traditional and lengthy account registration process. The unique wallet connection and integration with HandCash is exclusive to PeerGame, making it a standout feature within the iGaming industry. While other services may utilise the same connection, none integrate it within the gaming sector in the same way.”

For more information about PeerGame visit https://peergame.com/. 

About PeerGame

PeerGame is a leading technology company that aims to revolutionise Casino 2.0, leveraging the power of Bitcoin SV to build a frictionless, fast and easy-to-use gaming platform. 

Continue Reading

Trending