Launched in November 2022, ONS Gold Token (ONSG) is an asset-backed token redeemable 1:1 for 1 ounce of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and is indexed to the price of ounces of gold. For each ONSG created, an equivalent amount of physical ounces of gold is held as collateral in the company's reserves.
ONSG 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 geographical boundaries. Unlike gold transaction limits in the market, there are no minimum transaction limits for ONSG transactions. ONSG transactions are executed instantly and any amount of ONSG tokens can be converted to fiat currencies, ensuring quick and efficient transactions.
ONSG 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 the demand for ONSG tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical ounces of gold to its reserves for each ONSG token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between ounces of gold and ONSG is maintained whilst keeping the market in balance between supply and demand.
And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of ONSG tokens from circulation when needed, ensuring a balance between ONSG and the ounce of gold. Thanks to this mint-and-burn mechanism, the price of ONSG is always in equilibrium with the price of the physical ounce of gold.
Where is Token Teknoloji A.Ş. ONS Gold available for purchase?
You can exchange ONSG tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Token Teknoloji A.Ş. ONS Gold is Bitlo, notably the ONSG/USDT pair, which saw a trading volume of $ 5,962.78 in the past day.
What is the highest value Token Teknoloji A.Ş. ONS Gold (ONSG) has ever reached?
Token Teknoloji A.Ş. ONS Gold (ONSG) reached its peak price at 3,497.49 $ on 22 April 2025, approximately 4 months ago ago. Presently, the current price is -4.31% lower than this all-time high.
What is the historical minimum price for Token Teknoloji A.Ş. ONS Gold (ONSG)?
The minimum price reached for Token Teknoloji A.Ş. ONS Gold (ONSG) was 1,999.29 $, documented on 05 August 2024, more than a year ago. In comparison, the current price is 67.38%, it above this historical low.
What is the fully diluted valuation of Token Teknoloji A.Ş. ONS Gold (ONSG)?
The fully diluted valuation (FDV) of Token Teknoloji A.Ş. ONS Gold (ONSG) stands at $ 336,188. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ONSG tokens. The realization of this FDV might take several years depending on the emission schedule of ONSG tokens.