whitepaper - guardian gold .pdf · if you have issues, comments, or questions about specific...

Whitepaper

January 1st, 2019

Draft Version 1.1

© Guardian Gold - guardian-gold.com - [email protected]

© 2019 Guardian Gold. All rights reserved.

PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT

AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL,

FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISOR(S). The information set forth in

this Whitepaper may not be exhaustive and does not imply any elements of a contractual

relationship. The content of this Whitepaper is not binding for Guardian Gold (“Company”)

and is subject to change in line with the ongoing research and development of the Guardian

Gold Platform (“Platform”) , hereinafter together referred as “Project”. This Whitepaper does

not constitute investment, legal, tax, regulatory, financial, accounting or other advice, and is

not intended to provide the sole basis for any evaluation of a transaction on acquisition of

GGT tokens, hereinafter referred to as “Tokens”. Prior to acquiring the Tokens, a prospective

purchaser should consult with his/her own legal, investment, tax, accounting, and other

advisors to determine the potential benefits, burdens, and other consequences of such a

transaction. Nothing in this Whitepaper shall be deemed to constitute a prospectus of any sort

or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of

an offer to buy any securities in any jurisdiction. This document is not composed in

accordance with, and is not subject to, the laws or regulations of any jurisdiction which

prohibit or in any manner restrict transactions in respect to, or with use of, digital tokens.

Certain statements, estimates and financial information contained in this Whitepaper

constitute forward-looking statements or information. Such forward-looking statements or

information involve known and unknown risks and uncertainties which may cause actual

events or results to differ materially from the estimates or the results implied or expressed in

such forward-looking statements or information. The Company doesn’t carry on any

regulated activity in the Republic of Korea, in the People's Republic of China or in other

countries and territories where transactions in respect of, or with use of, digital tokens fall

under the restrictive regulations or require the Company to be registered or licensed with any

applicable governmental authorities. Each purchaser of Tokens is reminded that this

Whitepaper has been presented to him/her on the basis that he/she is a person to whose

attention the document may be lawfully presented in accordance with the laws of the

purchaser’s jurisdiction. It is the responsibility of each potential purchaser of Tokens to

determine if the purchaser can legally purchase Tokens in the purchaser’s jurisdiction, and

whether the purchaser can then resell the Tokens to another purchaser in any given

jurisdiction. This English-language Whitepaper is the primary official source of information

about the Project. The information contained herein may from time to time be translated into

other languages. In the course of such a translation, some of the information contained herein

may be lost, corrupted, or misrepresented. The accuracy of such alternative communications

cannot be guaranteed. In the event of any conflicts or inconsistencies between such

translations and this official English-language Whitepaper, the provisions of this original

document shall prevail.

Guardian Gold Whitepaper

Version 1.1 www.guardian-gold.com

© Guardian Gold 2019. All rights reserved. of 14

Trademarks Guardian Gold, Guardian Gold tokens (GGT), and all associated logos are trademarks of Guardian

Gold. All other trademarks or registered trademarks are the property of their respective owners.

Disclaimer The information provided in this document is provided "as is" without warranty of any kind. Guardian

Gold disclaims all warranties, either express or implied, including the warranties of merchantability and

fitness for a particular purpose. In no event shall Guardian Gold be liable for any damages whatsoever

including direct, indirect, incidental, consequential, loss of business profits or special damages, even if

Guardian Gold or its suppliers have been advised of the possibility of such damages.

This is a preliminary draft. The ideas and specifications proposed in this draft may be considered highly

conceptual and are subject to significant revision or change based on further discussions with partners,

advisors and the Guardian Gold community.

Document Lifetime Guardian Gold may occasionally update online documentation as the company and apps change over

time, and in between releases of the related software. Consequently, if this document was not obtained

recently, it may not contain the most up-to-date information. Please refer to www.guardian-gold.com for

the most current information.

Product information — Documentation, release notes, software updates, and information about

Guardian Gold products, licensing, and service, will be able to be found at the Guardian Gold website:

http://www.guardian-gold.com

Your comments Your suggestions will help us continue to improve the accuracy, organization, and overall quality of the

user publications. Please send your opinion of this document to: [email protected]

If you have issues, comments, or questions about specific information or procedures, please include

the title and, if available, the part number, the revision, the page numbers, and any other details that will

help us locate the subject that you are addressing.

mailto:[email protected]

Table of Contents

1 Introduction .................................................................................................................. 5

2 Guardian Gold Overview ............................................................................................. 6

3 GGT Roadmap ............................................................................................................ 8

4 Guardian Token Sales ................................................................................................. 9

5 Team ......................................................................................................................... 11

6 Summary ................................................................................................................... 14

7 Resources ................................................................................................................. 14




1 Introduction

Gold has been the basis for currency for 4,000 years

Cryptocurrency is the future of finance

Guardian Gold is the bridge to get there

Guardian Gold is backed by 99.99% Gold Cast Bars from London

Bullion Market Association Approved Refiners

Guardian Gold features a 15% Proof of Stake Reward for all GGT

holders

Bitcoin is now in its 10th year. It has proven the potential for cryptocurrency to be the new basis

for currency in the future. But the last year has demonstrated that we are still in a period of high

volatility. Guardian Gold is the bridge from the past to the future.

Bitcoin and other cryptocurrencies have recently displayed high volatility and could theoretically

go all the way to zero. Guardian Gold cannot drop below the value of gold.

The United States has accumulated over $21

Billion in national debt. If there is any

significant increase in interest rates, the U.S.

and the rest of the world economy will face an

enormous financial crisis. Guardian Gold’s

unique product of cryptocurrency back by

physical gold is the perfect protection against a

potential looming financial crisis.

Guardian Gold is a new cryptocurrency that is

also backed by physical gold. Guardian Gold

can be redeemed for physical gold at any time.

Our physical gold is held in secure vaults

around the world. All gold is meticulously

accounted for and regularly inspected. We

feature this reporting right on our website.

GGT can be exchanged for physical gold within 7 days of the redemption of GGT tokens.

Guardian Gold Technical Whitepaper Version 1.1 www.guardian-gold.com


Guardian Gold also features a unique 15% Proof of Stake Reward program for all GGT holders.

Whenever new GGT are purchased and minted, 15% of the net proceeds are distributed to all

GGT holders in proportion to their token holdings.

2 Guardian Gold Overview

2.1 GGT Token

Guardian Gold is a cryptocurrency that has all of the benefits of a digital currency along with

security of the backing by 100% physical gold. This provides a

floor for the ultimate price of GGT, but there is no ceiling.

GGT tokens are ERC-20 compliant which are deployed on the

Ethereum network. GGT contain the full cryptographic

security of the Ethereum network protocols.

Each 1 GGT token is backed by 1 gram of 99.99% gold cast bars

from London Bullion Market Association approved refiners.

GGT tokens will initially be purchased using the Ethereum

cryptocurrency. GGT tokens will be sold and minted in

multiple rounds. GGT tokens can be purchased on the Guardian

Gold website.

Within 10 business days of GGT minting, the corresponding

amount of gold is purchased by Guardian Gold and stored

within our worldwide vaults.

GGT tokens can be redeemed for physical gold (32 GGT minimum) or exchanged for Ethereum

currency(1 GGT minimum). When GGT tokens are redeemed they are then burned from the

total GGT supply.




Guardian Gold will pursue the listing on multiple exchanges of the GGT token.

2.2 GGT Backed by Physical Gold

Each GGT token is backed by 1 gram of 99.99% gold cast bars from London Bullion

Market Association approved refiners.

Your physical gold is stored with a heavily secured vaulting service in Singapore

All GGT physical gold is uniquely identified and owned by the GGT token holders

Within 7 days of the minting of new GGT tokens, the corresponding amount of physical

gold is purchased, vaulted, inspected, and recorded.

GGT tokens can be redeemed for physical gold within 10 business days(32 GGT

minimum)

GGT tokens can be redeemed for Ethereum at any time(1 GGT minimum)

There is Zero charge to GGT token holders for physical gold storage

There is Zero charge for GGT token transfers(except for any Ethereum transaction costs)



3 GGT Roadmap

Guardian Gold will continue to develop our platform and add new features and services.

Developing our native blockchain is the biggest effort. Existing GGT holders will be able to

exchange their ERC-20 tokens for native GGT blockchain tokens when it is ready.

Date Release

Apr 2018 Guardian Gold Idea Formed

Apr – Dec 2018 Market Research/Token Development

January 2019 Launch of GGT token

Q3 2019 GGT Native Blockchain Deployment

Q4 2019 Guardian Silver

Q1 2020 Guardian Gold Card

Q2 2020 Guardian Platinum




4 Guardian Gold Token Sales

4.1 Guardian Gold Token (GGT)

The Guardian Gold Token(GGT) is an ERC-20 Ethereum based token. GGT can be transferred

just like any other ERC-20 token. This means GGT will be able to be listed on ERC-20

compatible token exchanges.

4.2 15% Proof of Stake Reward

The GGT token is unique in that 15% of the net proceeds (price minus gold cost) of every new

GGT minted is distributed to all existing GGT holders.

4.3 Guardian Gold Token Sale (GGT)

Round 1: Begins January 30th (2200 UTC)

Limit: (Up to 5,000 GGT Tokens)

Round 1: Price: 1 GGT = $100 (price may adjust with gold spot price / Ethereum price)

Round 2: Begins February 27th (2200 UTC)

Limit: (Up to 50,000 GGT Tokens)

Round 2: Price: 1 GGT = $125 (price may adjust with gold spot price / Ethereum price)

Blockchain Base: Ethereum

Can send Ether directly to the smart contract – Ether will be converted immediately to GGT

BTC and Fiat (USD , EUR) contributions may be accepted starting in later Sale rounds

Guardian Gold website exchange allows you to generate a referral link. When someone

uses your referral link to buy GGT you receive 3% of the net proceeds.



4.4 Guardian Gold Net Proceeds Allocation

Operations/Development .... 55%

Marketing ………………….. 27%

Proof of Stake Reward ……. 15%

Legal………. ………………. 3%

Ops/Development, 55%

Marketing, 27%

Dividend Distribution, 15%

Legal, 3%

Net Proceeds Allocation




5 Guardian Gold Team

Jimmy Busby

James B. (Jimmy) Busby is currently the President and Chief Pilot for Drobotik Sciences

LLC. He is also the CEO of JSquared University, a company formed to assist

entrepreneurs in starting, running, and growing businesses.

From 2010 until 2016, Jimmy was the President and CEO of CentraLite Systems Inc.

During his tenure, the Company grew from $3M in annual revenue to $35M in both

2015 and 2016, the last two years of his tenure.

From 1997 to 2010, Jimmy was the Chief Technology Officer of CentraLite Systems Inc.

Jimmy was also the co-founder of CentraLite.

Jimmy received degrees in both Aerospace Engineering and Finance from the University

of Alabama in 1995.

Jimmy is also a private pilot holding multi engine and instrument ratings. He also holds

an FAA part 107 Remote Pilot certificate which is a certification to operate unmanned

aerial vehicles (Drones)

Mr. Busby is also a PADI certified diver, and an avid astronomy enthusiast.



Jim Busby

Mr. Jim Busby Started a company, QMS Inc. using a $10,000 loan in 1977, grew it to go

Public for a valuation of about $100M in 1983, and listed it on the NYSE in 1986 under

the ticker symbol AQM. In 1991, QMS achieved revenues of $305 Million and pre-tax

profits of $26 Million. In 1997, Mr. Busby co-founded CentraLite Systems alongside

Jimmy Busby, and grew it to be a worldwide leader in home automation achieving $35M

in revenues in 2015 and 2016.

Mr. Busby also has a background in automation engineering at industrial companies

prior to the formation of QMS. At its peak, QMS employed 1500 people, about half in

the U.S. and half in Europe, Japan, and Australia. He retired from the New York Stock

exchange listed company in 1997. In the summer of 1997, Mr. Busby and his oldest son

James B. Busby (Jimmy) founded CentraLite Systems Inc., a manufacturer of lighting

controls.

Mr. Busby served as a Lieutenant in the U.S. Army during the Viet Nam war and returned

to private business in 1972. He served most of the time at the U.S. Army Security Agency

First Field Station at Vint Hill Farms in Warrenton Virginia. He held a Top Secret Crypto

security clearance and was awarded several service medals including the Meritorious

Service Medal, and a cash award for money saving inventions during his tenure at Vint

Hill Farms.

Mr. Busby is a private pilot and his hobbies include building and flying model airplanes.




Dr. Don Parker Ph.D.

Education/Qualifications Spring Hill College, Mobile, AL -- Bachelor of Physics Degree

Michigan State University, East Lansing, MI Doctorate in High Energy Physics

Employment History Professor of Physics in the Dept. of Physics at Iowa State University, Ames, IA – [1975 - 1982]

Research Physicist at the U.S. Dept. of Energy’s Ames Laboratory, Ames, IA – [1975 - 1982]

Chief Technology Officer at QMS, Inc., Mobile, AL (NYSE: AQM – [1982 - 1997]

President and CEO at Alto Imaging Technologies, Inc., Mobile, AL – [1997 - Present]

Managing Member of Excalibur Press, LLC, Mobile, AL – [2008 - Present]

Dr. Parker has conducted research in high energy, elementary particle physics, and has

served on numerous business, educational, and charitable boards and is also an avid astronomy

enthusiast. His interest in and use of AI and multiple technologies in business applications have

most recently culminated in several blockchain-based endeavors.



7 Summary Guardian Gold intends to be the leader in the digitization of physical gold. With GGT you will

be able to send your gold value across the globe within seconds. GGT gold backing creates a

secure stabilizing foundation for the ongoing value of the currency.

The GGT 15% Proof of Stake Reward program is designed to incentivize the rapid adoption of

our currency and speed the adoption of the token on to several exchanges.

8 Resources Connect with us

Facebook | @ guardiangoldtoken

Twitter | @ GuardianGold1

Telegram | https://t.me/joinchat/IBGPaREJ4DnREKf3goqkrQ

Email: [email protected]

Website: https://www.guardian-gold.com

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