XGOLD COIN WHITEPAPER

Introduction

Xgold Coin offers a utility crypto-currency for distributed payment systems based on the consensus algorithm of the Ripple Protocol. It bridges the gap between Bitcoin's store-of-value and XRP's fast transaction speed, enabling value transfer at almost zero network cost or carbon footprint.

Vision

Xgold Coin supporters believe that while XRP can solve the world's payment problems, it takes a team of skilled individuals focused on a particular problem to break boundaries and make technological advancements. By connecting with the global network of gold vendors, Xgold Coin aims to solve the problem of value transfer between various parties. It is envisioned that Xgold Coin could represent a significant portion of the current 11.3 Trillion dollar Gold Market Capitalization, tokenized and distributed across the XRP Ledger (XRPL).

Notice

The Xgold Coin project does not offer investment contracts, interests in any company, or any form of enterprise. The distribution and use of Xgold Coin are private and do not constitute an investment of money or a transaction with a reasonable expectation of profits. There is no initial coin offering (ICO) associated with the project. Xgold Coin does not meet the definition of an investment contract and is not protected under the Securities and Exchange Commission. Users should not buy, sell, or trade their assets for Xgold Coin if they wish to invest in securities. For securities investments, consult a competent securities broker.

Indemnification

Users agree to indemnify and hold harmless all parties involved in the Xgold Coin project against any loss or damage incurred in connection with the use, acquisition, or disposal of Xgold Coin. Users acknowledge that their use of trustlines and Xgold Coin is at their own risk and for private personal use only.