Whitepapers
LondonCoinGold
LondonCoinGold
LDXG
LondonCoinGold Whitepaper
Published1/10/2022
Last UpdatedJanuary 2023
Page22
Verified
LondonCoinGold is a crypto asset that is minted on ERC20 platform now which will be minted on DAG Babble core when the development is done. Babble core is published as open source consensus middleware on Github which we will fund to commercialize. LondonCoinGold(LDXG) is direct replacement for LondonCoin(LDX) which the project started from 2018 to provide flexible transfer of denominations. LDXG is the payment/utility token that is used for:Fees for processing transactions in gold trading and 700,000 SMEs to accept as payment.To provide baseline asset in gold trading with accumulated gold.Used for governance votes to determine how network resources are allocated with DAO to be setup 2Q, 2022.

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