Launched in November 2022, Gram Gold Token (GRAMG) is an asset-backed token redeemable 1:1 for 1 gram of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and indexed to the price of gold. For every GRAMG created, an equivalent amount of gold is held as collateral in the respective blockchain wallet.
GRAMG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of any geographical boundaries. Unlike gold transaction limits in the market, there is no minimum transaction limit for GRAMG transactions.
GRAMG transactions are executed instantly and any amount of GRAMG tokens can be converted to fiat currencies, ensuring quick and efficient transactions.
GRAMG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process.
As demand for GRAMG tokens increases, Token Teknoloji Anonim Şirketi shall add the corresponding amount of gold, indexed to the price of gold, to its reserves for every 1 GRAMG token at the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between gram gold and GRAMG is preserved while maintaining market supply and demand equilibrium.
And a coin burn function is integrated within the blockchain's smart contract to remove a predetermined quantity of GRAMG tokens from circulation when necessary, ensuring a balance between GRAMG and gram gold. Thanks to this mint-and-burn mechanism, the price of GRAMG is always in equilibrium with that of the physical gram of gold.
Where is Gram Gold available for purchase?
You can exchange GRAMG tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Gram Gold is Bitlo, notably the GRAMG/TRY pair, which saw a trading volume of $ 6,091.29 in the past day.
What is the highest value Gram Gold (GRAMG) has ever reached?
Gram Gold (GRAMG) reached its peak price at 112.32 $ on 22 April 2025, approximately 4 months ago ago. Presently, the current price is -5.35% lower than this all-time high.
What is the historical minimum price for Gram Gold (GRAMG)?
The minimum price reached for Gram Gold (GRAMG) was 64.53 $, documented on 15 February 2024, more than 2 years ago. In comparison, the current price is 64.74%, it above this historical low.
What is the fully diluted valuation of Gram Gold (GRAMG)?
The fully diluted valuation (FDV) of Gram Gold (GRAMG) stands at $ 5,150.52. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of GRAMG tokens. The realization of this FDV might take several years depending on the emission schedule of GRAMG tokens.