What is gold and why is it valuable?
Gold is a chemical element with the symbol Au and is one of the most valuable raw materials. It is rare, corrosion-resistant, and has been used for millennia as currency, jewelry, and in various industrial applications.
How is the gold price determined?
The gold price is determined by supply and demand on global financial markets. Factors such as economic stability, inflation rates, interest rates, and geopolitical events influence the gold price.
Where is the gold stored?
The gold is stored in highly secure vaults in Liechtenstein, subject to strict security protocols.
How is the security of the stored gold ensured?
The vaults are monitored 24/7, and the gold is regularly inspected by independent auditors for purity and quantity.
Can I collect my physical gold?
Yes, under certain conditions and by prior arrangement, you can collect your physical gold. However, there is also the option to keep it securely stored and instead use the digital token.
What was the Bretton Woods Gold Standard?
The Bretton Woods system was a monetary system established in 1944 in which the US dollar was pegged to gold, and other currencies were pegged to the dollar. It ended in 1971 when the US suspended the convertibility of the dollar into gold.
Why should I invest in gold?
Gold serves as a safe haven in economically uncertain times, provides protection against inflation, and diversifies the portfolio. It maintains its value over long periods and can act as a hedge against currency devaluation.
How can I invest in gold?
You can acquire physical gold (bars, coins), gold ETFs, gold mining stocks, or digital tokenized gold.
What is tokenization?
Tokenization is a process where a physical asset, such as gold, is converted into a digital token on a blockchain. This token represents ownership of the physical asset.
What are the benefits of tokenization?
Tokenization offers increased liquidity, lower transaction costs, secure and transparent ownership transfers, and enables fractional ownership of an asset.
How does the tokenization of physical gold work?
Physical gold is stored in secure vaults and digitally represented by tokens on a blockchain. Each token represents a specific amount of gold and can be traded or held.
How secure is the tokenization of gold?
Security is ensured by blockchain technology, which prevents manipulation. Additionally, the physical gold is regularly inspected and securely stored.
How is the Bretton Woods Gold Standard related to us?
We use the historical name Bretton Woods to emphasize the significance of gold as a stable value holder. Similar to the Bretton Woods system, we offer a modern, secure, and stable way to invest in gold through tokenization.
Why should I buy gold in token form?
Our platform provides a simple, secure, and cost-efficient way to invest in gold. Blockchain technology ensures transparency and security in every transaction. Additionally, you can access and trade your invested gold anytime and anywhere.
How does BWG differ from traditional gold investments?
You enjoy 24/7 tradability.
No transport is necessary.
The gold is securely stored in bank vaults of Bank Frick in Liechtenstein.
The token can be used as a daily currency, an option not available with physical gold.
Is BWG regulated by financial authorities? If so, by which?
BWG is subject to strict regulations and is regulated by the Swiss Financial Market Supervisory Authority (FINMA). FINMA ensures that we adhere to high standards of transparency, security, and investor protection.
Who is the custodian of the physical gold?
The gold is in custody of Bank Frick in Liechtenstein.
Is the stored gold insured?
The stored gold is insured through the insurance structure of Bank Frick.
Are there storage fees for the physical gold?
Yes, there is a small storage fee for securely storing the physical gold in our vaults.
How can I ensure that my token is really backed by physical gold?
Each token is fully backed by physical gold stored in the vaults of Bank Frick. You can verify the authenticity and quantity of the gold through regular audits and reports published on our website.
On which blockchain platform is BWG built, and why was this specific blockchain chosen?
BWG is built on the Ethereum platform, chosen for its decentralized nature, robust security, low transaction costs, and unparalleled transparency.
What transparency measures are in place besides third-party audits to strengthen investor trust?
We use blockchain technology to ensure every transaction is transparent and immutable.
We guarantee full ownership transfer to customers upon purchase.
We keep our community informed through timely notifications and email newsletters, especially regarding regulatory changes or related matters.
What happens if the company becomes insolvent?
As the customer owns the gold, a Bretton Woods Digital insolvency would not affect the ownership of the gold.
What legal protections are in place for token holders in case of a dispute or issue?
Blockchain technology provides clear proof of ownership for the acquired tokenized gold, ensuring clarity and legal protection for token holders.
How can I register and start investing?
You can easily register on our website, verify your account, and then connect your digital wallet. After that, you can purchase gold tokens and store them in your wallet.
What is the minimum and maximum amount I can invest?
You can invest as little as the equivalent of 1g of gold. For larger investments, we recommend personal consultations.
Are there any restrictions on who can buy the gold tokens?
Certain countries and locations are excluded from purchasing BWG tokens. For a detailed list of these exclusions, please click here.
How can I track the value of my investment?
You can use our approved gold value tracker, curated by Martin, for real-time tracking of your gold token investment value.