Question 1

What is ZambesiGold (ZGD)?

Accepted Answer

ZambesiGold (ZGD) is a cryptocurrency functioning on the BNB Smart Chain (BEP20) platform, launched in 2022. This digital asset is underpinned by actual gold, supported by a business model centred on mining operations. Zambesi Gold (Pty) Ltd, the entity behind ZambesiGold, specialises in the procurement and development of specific mining assets. A key aspect of ZambesiGold is its commitment against fractional lending, ensuring a fixed number of tokens to avoid inflation​​​​.

Question 2

What is ZambesiGold (ZGD) used for?

Accepted Answer

ZambesiGold's operational model integrates real gold, personnel, and mining activities, aiming to provide tangible value. The token symbolises a pledge to prevent fractional lending and maintain a constant token quantity, thereby inhibiting inflation. The worth of a ZambesiGold token is anticipated to rise regardless of token demand or gold price fluctuations. Each token is increasingly backed by gold every month, potentially enhancing its value​​.

Question 3

Who created ZambesiGold (ZGD)?

Accepted Answer

ZambesiGold (ZGD) was established by Zambesi Gold (Pty) Ltd, a mining company focusing on the acquisition and enhancement of chosen mining assets. They introduced the ZGD token in 2022, with an objective to link the cryptocurrency's value to real gold and mining operations​​.