Frequently Asked Questions
General Information
What is GGEZ1 ReFi Blockchain Ecosystem
GGEZ1 is a L1 blockchain ecosystem specializing in tokenizing high-value sustainability assets to create stable and transparent asset-backed cryptocurrency.
The platform offers three functions:
- Powers asset-backed cryptocurrency collateralized by investments in sustainability (ReFi).
- Tokenization launchpad for assets owners to tokenize assets and launch their own sustainability-backed cryptocurrency.
- Web3 distribution framework to ensure tokenized assets availability across Web3 channels, enhancing accessibility and utility.
The chain is designed to facilitate fast and low-cost transactions. It supports a range of applications including smart contracts, decentralized applications (dApps), and features our native GGZ ReFi asset-backed cryptocurrency and GGEZ1 governance utility coin.
What is the primary goal of the GGEZ1 platform?
The GGEZ1 project's whitepaper details the vision of tokenizing investments in sustainability infrastructure to create a sustainability-backed cryptocurrency. This cryptocurrency aims to generate a superior form of currency that addresses two global challenges simultaneously: combating climate change and increasing financial inclusion.
The primary goal of the GGEZ1 platform is to tokenize investments in sustainability infrastructure, creating a sustainability-backed cryptocurrency that addresses two critical global challenges: combating climate change and increasing financial inclusion in emerging markets. The project aims to channel much-needed capital into sustainable infrastructure investments, facilitating the creation of cheap, clean energy and stable environmental ecosystems, which are essential commodities in today's world.
Investing in sustainability is not only a sound financial decision but also a necessity for emerging markets and the global community. Sustainable investments offer long-term financial returns and significant risk mitigation, making them attractive. According to the Global Commission on the Economy and Climate, the world needs to invest about $6 trillion annually in sustainable infrastructure over the next 15 years to maintain climate goals, economic growth, and development.
Currently, there is no leading blockchain ecosystem originating from or specifically targeting emerging markets. GGEZ1 aims to fill this gap by launching a blockchain ecosystem specializing in sustainability Real-World Asset (RWA) tokenization, aspiring to become one of the top blockchain ecosystems globally.
By focusing on these objectives, the GGEZ1 platform seeks to create a more inclusive, efficient, and sustainable financial system.
How is GGEZ1 platform different from other blockchains?
The GGEZ1 platform stands out in the Web3 ecosystem due to several unique features and focuses:
- Specialization in Tokenization of High-Value Sustainability Assets and Investments: GGEZ1 is dedicated to tokenizing high-value sustainability assets. This specialization ensures that the platform is optimized for handling investments that directly contribute to environmental sustainability and social equity. Unlike many other blockchains that serve a broad range of applications, GGEZ1 focuses on a niche but highly impactful sector, providing tailored solutions for sustainability projects.
- Mission to Move Capital into Sustainability for Projects in Emerging Markets: One of the core missions of GGEZ1 is to channel much-needed capital into sustainable infrastructure projects, particularly in emerging markets. This focus not only helps in combating climate change but also supports economic development in regions that need it the most. By targeting emerging markets, GGEZ1 aims to bridge the investment gap and drive significant positive change where it is most impactful.
- Use of ReFi Principles in Our Ecosystem: GGEZ1 integrates Regenerative Finance (ReFi) principles into its ecosystem. ReFi goes beyond traditional financial models by emphasizing investments that generate both financial returns and positive social and environmental impacts. This approach aligns with global sustainability goals and offers investors a way to support projects that are beneficial for both people and the planet. By adopting ReFi principles, GGEZ1 ensures that every transaction and investment on the platform contributes to a more sustainable and equitable future.
These unique aspects make the GGEZ1 platform distinct from other blockchains, providing a focused, mission-driven, and impact-oriented ecosystem for sustainable investments.
What is ReFi and why it’s important?
Regenerative Finance (ReFi) is an innovative financial model that focuses on generating both financial returns and positive social and environmental impacts. Unlike traditional finance, which aims primarily at profit, ReFi integrates sustainability into financial activities, promoting investments that restore ecosystems, enhance social equity, and drive sustainable economic development.
Importance of ReFi:
- Global Challenges: ReFi helps address climate change, environmental degradation, and social inequality by funding projects that restore ecosystems and promote social equity.
- Sustainable Growth: It supports long-term economic stability by investing in green jobs, clean energy, sustainable agriculture, and waste management.
- Financial Inclusion: ReFi democratizes access to capital, making it easier for underserved communities, especially in emerging markets, to participate in sustainable economic activities.
Implementation in GGEZ1:
- Tokenizing Sustainability Assets: GGEZ1 will create asset-backed cryptocurrencies representing investments in sustainable projects.
- Directing Capital: The platform will channel funds into sustainability projects, particularly in emerging markets, to build infrastructure and stimulate growth.
- Embedding ReFi Principles: All investments on GGEZ1 will align with sustainability goals, ensuring that investors earn returns while contributing to positive environmental and social impacts.
By implementing ReFi, GGEZ1 aims to create a financial ecosystem that balances profit with purpose, fostering a more resilient, inclusive, and sustainable future.
What technology does GGEZ1 use?
GGEZ1 is building a Web3 financial platform that seamlessly integrates traditional Web2 financial infrastructure with cutting-edge blockchain technology.
The platform consists of two main components:
- Financial Management Application: This application handles the conventional financial operations, ensuring smooth integration with existing financial systems and processes. The financial backend integrates with Web2 service providers such as payment gateways, banking networks, KYC/KYB data validators, fraud detection, and messaging services. The platform is PCI compliant, tested, and capable of handling high transaction throughput.
- Customized Blockchain Based on the Cosmos SDK: GGEZ1 leverages the Cosmos SDK, a robust Layer 1 blockchain framework. The Cosmos SDK is renowned for its scalability, interoperability, and ease of customization. By using this technology, GGEZ1 ensures a secure, efficient, and transparent platform specifically tailored for tokenizing sustainability assets.
Additional Components:
- Tokenization Console: System admins use the console to create asset-backed cryptocurrencies (minting and burning coins) on the chain, based on asset collateral trades. For every coin minted, an underlying asset must be held; for every coin removed from supply (burned), a held asset must be sold. This admin console will evolve into a tokenization launchpad front-end for third-party asset holders/owners to launch and manage asset tokenization activities.
- Blockchain Explorer: An online tool that allows users to search and analyze data on the blockchain. It provides visibility into all transactions that have occurred on the network, enabling users to look up specific details such as transaction histories, balances of addresses, the status of specific transactions, information about smart contracts, as well as validator information. We added the asset collateral section to allow users to see the underlying assets backing the asset-backed coins created on the blockchain. In the Holdings table, users can see a list of the assets backing the asset-backed coins. The coin price reflects the value of the underlying investments.
- Users Portal: The portal facilitates user onboarding, allowing end users to purchase asset-backed coins created on the platform. It also enables users to manage their profile and their e-wallets and chain accounts.
The technology stack used in our project includes:
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Blockchain: Cosmos Blockchain Framework
- Components: Tendermint, CosmosSDK
- Programming Language: Golang
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Financial Management Backend:
- Framework: .NET Framework
- Programming Language: C#
- Databases: SQL Server and PostgreSQL
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Users Portal / Tokenization Console:
- Frontend Framework: React
- Backend Environment: Node.js
What security measures are in place for the GGEZ1 platform?
The GGEZ1 platform adheres to stringent security measures to ensure the safety and integrity of its operations and transactions.
- PCI Compliance: We comply with Payment Card Industry (PCI) standards and have undergone PCI audits. This ensures that we maintain the highest levels of security for our platform and transactions, safeguarding sensitive financial data against breaches.
- Cosmos SDK Security: The platform leverages the security features inherent in the Cosmos SDK. The Cosmos SDK is designed with a strong emphasis on security and includes various mechanisms to protect against common vulnerabilities.
By combining PCI compliance with the robust security features of the Cosmos SDK, GGEZ1 ensures a secure and reliable platform for its users.
What is the legal structure and formation of the GGEZ1 project?
The GGEZ1 project is legally formed as a non-profit foundation in the Marshall Islands. This structure allows us to focus on our mission of advancing sustainability and financial inclusion without the constraints of profit-driven entities.
The foundation is governed as a decentralized autonomous organization (DAO), where governance decisions are made by the community of GGEZ1 Governance Coin holders through a transparent voting system. This ensures that the project remains aligned with its core values of transparency, inclusivity, and community-driven development.
What is the meaning behind the name GGEZ1 and why was it chosen?
The name "GGEZ1" is derived from the popular gaming term "GG EZ," which stands for "Good Game, Easy." This term is often used by gamers to indicate that a game was fun ("Good Game") but also relatively easy to win ("Easy"), implying a sense of superiority or success over their opponents. We added "1" to signify that our users are the top winners and to establish a unique and trademarkable brand.
The reason we chose the name "GGEZ1" is rooted in our initial idea to create a GameFi project. In fact, the original whitepaper published on our website details a GameFi project that utilizes sustainability-backed cryptocurrency. GameFi, short for "Game Finance," combines blockchain technology, gaming, and decentralized finance (DeFi) to create a new gaming ecosystem where players can earn real-world value through gameplay.
Although our platform has evolved, we still plan to incorporate AI-powered GameFi modules in the future. Generation Z is naturally attracted to GameFi due to their unique characteristics and experiences. Growing up in an interconnected world, Gen Z is tech-savvy and highly accustomed to gaming, making GameFi's blend of blockchain technology, gaming, and decentralized finance highly appealing.
Platform Cryptocurrency
What cryptocurrencies are issued on the platform?
The GGEZ1 platform will first issue the GGEZ1 Governance Coin and, after the initial private fundraising round, will work to issue the GGZ ReFi Coin.
GGEZ1 Governance Coin:
- Purpose: This coin is designed to facilitate participation in the governance of the platform. Coin holders can influence decisions regarding the platform's operation and future development through a democratic voting process.
- Benefits: Holders of the governance coin can stake their coins to earn rewards and play a crucial role in the decision-making process, ensuring the platform evolves in a way that aligns with the community's best interests.
- Issuance: This will be the first coin issued on the platform, coinciding with the initial private fundraising round.
- Supply: A utility coin with a limited supply of 1,777,777,777 coins.
GGZ ReFi Coin:
- Purpose: The GGZ ReFi Coin is a cryptocurrency backed by investments in sustainability projects. It is ideal for those looking to invest in a stable digital asset that supports global sustainability efforts.
- Benefits: This asset-backed coin offers price stability and a safe store of value, allowing users to participate in high-value investments. Additionally, holders can stake their coins to earn passive income from the returns generated by the underlying sustainable assets.
- Issuance: This coin will be issued after the initial private sales of the GGEZ1 Governance Coin.
- Supply: Tokenized security with no supply limit.
Future Coins: Once the launchpad is fully operational, the platform will facilitate the creation of additional coins, specifically targeting the sustainability sector. This will enable companies in the sustainability industry to tokenize their assets and launch their own sustainability-backed cryptocurrencies. By doing so, we aim to expand the ecosystem and support a wider range of sustainability projects, driving more capital into this crucial sector.
Overall, the GGEZ1 platform is committed to expanding its range of cryptocurrencies to further support and drive investments in sustainable infrastructure, enhancing both financial inclusion and environmental impact.
What’s the difference between GGEZ1 Governance Coin and GGZ ReFi Coin?
GGEZ1 Governance Coin:
- The GGEZ1 platform will initially issue the GGEZ1 Governance Coin, designed to facilitate participation in the platform's governance.
- Coin holders can influence decisions regarding the platform's operation and future development, and they can stake their coins to earn rewards.
- The GGEZ1 Governance Coin is a utility coin with a limited supply of 1,777,777,777 coins.
- The price of this coin is influenced by the network's utilization, demand from validators and coin holders, and the overall success of the platform.
GGZ ReFi Coin:
- Following the initial private sales of the GGEZ1 Governance Coin, we will work on issuing the GGZ ReFi Coin.
- The GGZ ReFi Coin is a cryptocurrency backed by investments in sustainability projects, offering a stable store of value, price stability, and opportunities for earning passive income through staking.
- Unlike the GGEZ1 Governance Coin, the GGZ ReFi Coin does not have a supply limit.
- Its price is primarily reflected by the value of the underlying assets.
- The GGZ ReFi Coin is a tokenized security, similar to Exchange Traded Funds (ETFs), and functions as a tokenized investment fund available on public blockchains.
How is the GGZ ReFi sustainability-backed coin different from other stablecoins on the market?
The GGZ ReFi sustainability-backed coin differs from other stablecoins in several significant ways:
- Backing by Sustainability Investments: Unlike most stablecoins that are backed by fiat currencies like the US Dollar (e.g., USDT, USDC), the GGZ ReFi coin is backed by diversified sustainability investments. The coin price reflects the value of the underlying assets.
- Price Not Pegged to Fiat Currency: Unlike other stablecoins that are pegged to fiat currencies, such as the dollar, the price of the GGZ ReFi coin reflects the value of the underlying sustainability assets. This ensures that the coin’s value is directly tied to real, productive investments, rather than a static fiat currency.
- Tokenized Security: The GGZ ReFi coin functions similarly to Exchange Traded Funds (ETFs), making it a tokenized investment fund available on public blockchains. This structure allows users to invest in a diversified portfolio of sustainability projects, providing both financial returns and positive environmental impacts.
- Economic and Environmental Impact: By using GGZ ReFi coin, holders contribute to global sustainability efforts. This dual impact—financial returns coupled with measurable environmental benefits—sets GGZ ReFi apart from other stablecoins that primarily serve as a medium of exchange without additional social or environmental contributions.
Overall, the GGZ ReFi coin combines the benefits of stable value, investment returns, and support for sustainability projects, providing a unique and attractive option for those looking to invest in a stable digital asset with a positive environmental impact.
How are GGZ ReFi sustainability-backed coins created?
GGZ ReFi sustainability-backed coins are created through a process called tokenization, which involves converting ownership or rights of assets into digital tokens on a blockchain. This digital representation, known as a token, essentially acts as a certificate of ownership for the underlying asset.
For our project, we apply tokenization to both tradeable securities like stocks and Exchange-Traded Funds (ETFs) as well as non-tradeable assets like investment funds, equity trusts, and Real Estate Investment Trusts (REITs).
Here’s how the process works:
- Tokenization: We tokenize the underlying assets by converting their ownership into digital tokens on the blockchain. This process involves creating digital representations of assets that can be traded or held on our platform.
- Minting Coins: When funds are received from users, we purchase the underlying asset collateral. These assets are pre-selected based on their stability and investment focus, and the funds are managed by a specialized investment management company. The platform then mints coins equivalent to the funds received based on the latest coin price. The minting process involves multiple private authorization keys that sign and broadcast the creation transactions on the GGEZ blockchain.
- Burning Coins: When users request to cash out, we sell the underlying assets (liquidate the holdings) and pay the users for the withdrawal. The assets to be sold are also pre-selected to ensure smooth transactions.
- Liquidity Management: To facilitate quick cash-outs, we keep a percentage of the asset collateral in liquid form. This ensures that users can withdraw funds without delays. Additionally, we maintain a cash buffer to streamline the process of buying and selling assets.
- Transparency and Auditability: All asset holdings and buying and selling activities are recorded on-chain and can be viewed through the chain explorer. This provides full transparency and allows for easy auditing of all transactions.
This comprehensive approach ensures that GGZ ReFi sustainability-backed coins are securely created and managed, providing users with a reliable and transparent RWA tokenization platform.
What are examples of investments backing the GGZ ReFi sustainability-backed coin?
The GGZ ReFi coin represents a tokenized investment fund holding a diversified portfolio of multiple investments and assets. These types of investments can include holding ETFs, shares in companies, and direct investments in companies. Here are some examples of the assets and investments that the fund can hold:
Exchange Traded Stocks and Securities (ETF):
- iShares Global Clean Energy ETF (ICLN), Issued by BlackRock
- SPDR S&P 500 ESG ETF (EFIV), Issued by State Street Global Advisors
- Invesco Solar ETF (TAN), Issued by Invesco
- Vanguard ESG U.S. Stock ETF (ESGV), Issued by Vanguard
- Xtrackers MSCI USA ESG Leaders Equity ETF (USSG), Issued by DWS Group
- iShares Global REIT ETF, issued by BlackRock
- Low Carbon Target ETF, issued by BlackRock
- Shares in Masdar (Abu Dhabi Future Energy Company, Masdar is leading the development of renewable energy projects in the UAE and globally, focusing on solar, wind, and sustainable urban development)
- Shares in Vale S.A., Brazil (Vale is investing in sustainable mining technologies and practices, focusing on reducing environmental impact and improving sustainability in the mining sector)
Direct Investments:
- Quaise Energy Project (Geothermal Energy, which focuses on harnessing geothermal energy to generate electricity, providing a sustainable and renewable energy source)
- HDF Energy Project (Green Hydrogen Plant in Namibia, which aims to produce clean hydrogen energy, reducing reliance on fossil fuels and promoting green energy solutions)
These investments are carefully selected based on their focus on sustainability and their potential to generate long-term financial returns while mitigating risks. This diverse portfolio ensures that the GGZ ReFi coin is backed by reliable, high-value assets contributing to a sustainable future.
How is GGZ ReFi Coin Transparent?
The GGZ ReFi coin is designed with transparency as a fundamental principle, ensuring that all transactions and asset holdings are clear and accessible to the public. Here are the key points highlighting the transparency of the GGZ ReFi coin:
- On-Chain Trades: All trades and transactions involving the GGZ ReFi coin are recorded on the blockchain. This means every transaction is traceable, immutable, and publicly verifiable, ensuring full transparency in all financial activities.
- Transparent Platform: The GGEZ platform is built to be transparent at all times. This includes the processes of coin minting, asset management, and transaction processing, all of which are visible to the public on the blockchain.
- Asset-Backed Coins: Each GGZ ReFi coin is 100% backed by real-world assets. This backing can be verified through on-chain records, ensuring that every coin in circulation is supported by tangible investments, providing assurance of its value.
- Third-Party Audits: Third-party audits verify the sustainability and performance claims of the investments, ensuring accountability and stability.
By incorporating these transparency measures, the GGZ ReFi coin ensures that users can trust the platform and the value of their investments, fostering a secure and open financial ecosystem.
How does GGZ ReFi coin ensure the stability and value of its cryptocurrency and provide protection from crypto volatility?
GGZ ReFi coin ensures the stability and value of its cryptocurrency through a comprehensive strategy that leverages diversified sustainability investments. This approach not only provides price stability and protection against inflation but also generates financial returns along with positive social and environmental impacts. Here’s how GGZ ReFi achieves this:
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Diversified Sustainability Investments:
- Asset Class Diversification: GGZ ReFi invests in a variety of asset classes, including equities, bonds, real estate, and alternative investments that adhere to sustainability principles. This diversification mitigates risk by spreading investments across different types of assets.
- Geographical Diversification: The fund allocates investments globally, reducing the impact of any single country's economic fluctuations and enhancing overall stability.
- Sector Diversification: By investing in multiple sustainable sectors such as renewable energy, green technology, water management, and sustainable agriculture, GGZ ReFi ensures a balanced and resilient portfolio.
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Risk Management:
- Dynamic Risk Management: The fund employs continuous monitoring and adjustment of the portfolio based on market conditions and risk assessments, ensuring proactive management of potential risks.
- Hedging Strategies: GGZ ReFi uses financial instruments like options and futures to hedge against market volatility, safeguarding the value of the investments.
- Stress Testing and Scenario Analysis: Regular stress tests and scenario analyses help understand and prepare for extreme market events, ensuring the portfolio’s resilience.
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Advanced Financial Modeling:
- Risk Parity and Mean-Variance Optimization: GGZ ReFi uses these models to allocate risk evenly and maximize returns for a given level of risk, ensuring an efficient and stable portfolio.
- Monte Carlo Simulations: These simulations model various market scenarios to assess the potential impact on portfolio stability, allowing for informed decision-making.
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Liquidity Management:
- Liquid Assets: A portion of the portfolio is kept in highly liquid assets to meet redemption requests and liquidity needs without causing significant price fluctuations.
- Short-Term Instruments: Investments in short-term, sustainable instruments, like green money market funds, enhance liquidity and stability.
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Utilization of Technology:
- Aladdin Platform: Advanced risk management and analytics platforms like BlackRock’s Aladdin are leveraged to enhance portfolio management and decision-making.
- Machine Learning and AI: These technologies identify trends, optimize investments, and predict market movements, contributing to portfolio stability.
By implementing these strategies, GGZ ReFi ensures that its cryptocurrency is backed by a stable and diversified portfolio of sustainability investments.
How do I know my GGEZ coins are secure?
The security of your GGEZ coins is a top priority for us. Here are the key measures we have implemented to ensure their safety:
- Cosmos SDK Security: The GGEZ platform is built on the Cosmos SDK, a highly secure and reliable blockchain framework. It uses Tendermint's Byzantine Fault Tolerance (BFT) consensus algorithm, ensuring network integrity even if up to one-third of nodes fail or act maliciously.
- PCI Standards Compliance: Our development team follows Payment Card Industry (PCI) standards when building new features, integrating with other systems, and managing the network. This adherence to stringent security protocols ensures the highest level of security for all financial transactions and data handling.
- Secure Network Management: We implement comprehensive security protocols, including regular security audits and continuous monitoring for vulnerabilities. Our proactive approach to cybersecurity protects your GGEZ coins from potential threats.
By combining the security features of the Cosmos SDK with strict PCI standards and proactive network management, we ensure that your GGEZ coins are secure and protected at all times.
How can I trust that GGEZ will always be redeemable?
GGZ ReFi Coin is a cryptocurrency backed by 100% investments in sustainability projects globally. This ensures its value is always tied to real-world assets.
- Investment Strategy: Some investments are held as tradable securities for fast liquidation to cash when there are cash-out requests. This ensures liquidity and the ability to meet redemption demands promptly.
- Transparency: All investment trades and transactions for minting or burning GGZ ReFi Coin are recorded on the GGEZ1 blockchain. This provides an immutable and transparent ledger, ensuring all activities can be audited and verified.
- Verification: You can go to the trades page on the chain explorer to see the trades and the investments held for each trade. This transparency ensures that you can always verify the backing of the GGZ ReFi Coin.
- Audits and Proof of Reserve: Regular audits and proof of reserves are conducted, with regular reporting published on our site to maintain trust and transparency.
With these measures in place, GGZ ReFi Coin holders can be confident in the coin's redeemability and the platform's commitment to transparency and security. This solid foundation helps build trust in the long-term stability and reliability of the GGZ ReFi Coin.
Where can I use GGZ ReFi Coins?
Across Web3, we are building several integrations and mechanisms to ensure the accessibility and utility of GGZ ReFi Coins within the crypto ecosystem. This includes:
- Decentralized Crypto Exchanges and DeFi Platforms: Peer-to-peer platforms that facilitate non-custodial cryptocurrency trading without intermediaries.
- Multi-Chain Support via Smart Contracts: Enabling coins to function on multiple blockchains, including Ethereum, Solana, and others.
- Cross-Chain Bridges: Secure, permissionless coin transfers with other blockchains using protocols like IBC (Inter-Blockchain Communication) and others.
- Wallet Integrations: Supporting a wide range of crypto wallets.
- Getting Listed on Cryptocurrency Exchanges: Securing listings on major cryptocurrency exchanges.
Once these integrations are in place, GGZ ReFi Coins can be used globally, providing you with the benefits of low transaction fees and price stability for purchasing products and services. This broad utility ensures that GGZ ReFi Coins can be seamlessly used across various platforms and for a wide array of transactions within the Web3 ecosystem.
What blockchains is GGEZ available on?
The GGEZ1 blockchain can exchange assets and data with other leading blockchains. This means that coins created on our platform will be natively accessible on the following blockchain ecosystems: Cosmos, Avalanche, Ethereum, Solana, and beyond.
We achieve this through several integrations and mechanisms:
- Multi-Chain Support via Smart Contracts: This enables coins to function on multiple blockchains, including Ethereum, Solana, and others.
- Cross-Chain Bridges: These secure, permissionless coin transfers with other blockchains use protocols like IBC (Inter-Blockchain Communication) and others.
This multi-chain compatibility ensures that GGEZ1 coins have broad accessibility and utility across various blockchain networks.
How is the GGEZ1 asset-backed coin different from a CBDC?
A Central Bank Digital Currency (CBDC) is a digital form of a country's national currency issued and regulated by its central bank. Unlike decentralized cryptocurrencies like Bitcoin or Ethereum, CBDCs are fully centralized and controlled by the government. They are designed to represent a digital version of a country's physical currency, such as banknotes and coins.
On the other hand, the GGEZ1 asset-backed cryptocurrency derives its value from real-world assets (such as securities, real estate, and commodities) held to back the coin, using a method called tokenization. Tokenization involves converting ownership or rights of assets into digital tokens on a blockchain. This digital representation, called a token, essentially acts as a certificate of ownership for the underlying asset.
Tokenization can be applied to various asset types, including:
- Securities: This includes stocks and Exchange-Traded Funds (ETFs).
- Privately owned assets: Investment trusts are formed to own private assets by utilizing investment vehicles such as Private Equity Trusts and Real Estate Investment Trusts (REITs).
The ownership or rights of these assets are reflected in what is known as Real-world Asset-backed cryptocurrency. The price of the GGEZ1 asset-backed coin is directly tied to the value of the underlying assets backing it, providing a transparent and asset-backed alternative.
While CBDCs are digital representations of national currencies issued by central banks and are fully centralized, GGEZ1 asset-backed coins are decentralized and derive their value from tangible, real-world assets through tokenization, ensuring transparency and stability.
Join Us and Support Our Project
How to support the GGEZ1 project
Users interested in supporting the GGEZ1 platform can do so by:
- Purchasing GGEZ1 Governance Coins: As the platform grows, GGEZ1 coins may appreciate in value. Purchasing and holding these coins can create potential returns.
- Staking Coins: Users can stake their GGEZ1 coins to earn staking rewards, providing an additional avenue for generating returns.
- Participating in Governance Decisions: Coin holders can vote on proposals or protocol changes, influencing the evolution of the platform.
- Joining the Referral Program: Users can earn a 10% bonus in GGEZ1 coins by referring friends, fostering community growth and engagement.
- Spreading the Word: Engaging in community discussions, sharing our mission on social media, and providing feedback all help support the project's success.
User Registration Process for Activating a GGEZ1 Account
To create and activate a GGEZ1 account, follow these steps:
- Validate Email and Mobile Details: Provide and verify your email address and mobile number for account-related communications.
- Upload KYC Details: Submit your Know Your Customer (KYC) details, including identification documents, proof of address, and bank account information.
- KYC Review Process: Our compliance team will review your documents, conducting due diligence and assessing associated risks. This process may take a few days, and you will be notified once verification is completed.
- Account Activation: Upon successful verification, you can start buying and selling GGEZ coins on the platform.
- Funding the Account: Purchase platform-issued coins using either the Crypto Swap feature or a bank wire transfer.
Future Plans
Future Initiatives for the GGEZ1 Ecosystem
The GGEZ1 platform is dedicated to expanding its impact and fostering innovation in the sustainability sector through several future initiatives:
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Future ReFi Coins: The platform's launchpad will enable the creation of more ReFi Coins for companies in the sustainability sector. This initiative helps projects fundraise and expand. Examples include:
- Quaise Energy: Harnessing geothermal energy to reduce carbon emissions and improve energy reliability.
- Yolele: Scaling Fonio grain production in Africa to enhance food security and support sustainable agriculture.
- HDF Energy: Pioneering green hydrogen production in Namibia to reduce dependency on fossil fuels and foster local industries.
- Global Sustainability Innovation Launchpad: Inspired by YCombinator, this initiative will incubate, accelerate, and finance sustainability startups, integrating cryptocurrency and Tokenomics to enhance funding capabilities. This aims to advance the global sustainability agenda.
Where do we see GGEZ1 in the next 5 years?
In the next five years, GGEZ1 aims to achieve the following:
- Top 30 Blockchain Ecosystems: We aim to be recognized among the top 30 blockchain ecosystems globally, with significant market capitalization, high daily transaction volume, and a robust community of validators and users.
- GGZ ReFi Coin Market Position: Establishing the GGZ ReFi coin among the top 30 assets by market capitalization, and moving at least $15 billion of capital into sustainability investments.
- Global Impact: Contributing significantly to global efforts to combat climate change and promote sustainable development, ensuring our platform becomes a cornerstone for sustainable investments and financial inclusion.