Dignity Gold LLC
Harnessing the Power of American Gold
Dignity Gold, LLC is a blockchain development company creating securities tokens to establish investment opportunities into the U.S. precious metals mining and mineral sectors.
DIGau will be issued by Dignity Corp. and be supported by a minimum of $6 billion in gold reserves pledged to its parent company, Dignity Gold, under deeds of trust and a pledge and security agreement. As of March 26, 2021 this was represented by 3,442,144 ounces of unmined gold reserves. Under the minimum provision, if the price of gold increases, the dollar backing amount will rise concurrently; if the market price of gold decreases, additional ounces will be pledged to Dignity Corp. to back the token. This mechanism allows possible upside appreciation for the token while mitigating downside risk. When combined with the acquisition of physical gold under a forward purchase agreement, the anticipated inclusion of additional reserve assets and other investments should provide value and growth opportunities for the DIGau token.
The gold that has been pledged to Dignity Gold, a portion of which is being provided to Dignity Corp., is represented by reserves at several gold and precious metals mines in the United States. The gold is currently located in tailings and alluvial placer deposits, with extraction intended to begin this year. Dignity Gold holds liens and security interests on these mining claims.
The DIGau token offers access into potentially highly profitable mining sectors with implied intrinsic value through its mineral reserve assets intended to provide a safer and more stable investment while at the same time offering more diversified value and returns than tokens linked to only one asset.
Unlike other asset-backed stable coins, DIGau is not just a store for dollars, it is a security with the stated intent to create value for investors. Further, it is not hampered by the one-to-one relationship between a dollar or a specific weight of gold. Dignity Gold holds security interests in multiple mining sites and intends to purchase extracted U.S. gold below market price. Thus, while other tokens provide a secure buy one get one approach, we believe DIGau should grow in value with the expansion of the company’s gold assets as a whole.
As Dignity Gold LLC adds more assets to its portfolio, beginning with physical gold through forward sale agreements with its partner mines, the amount of gold assets available to be pledged to Dignity Corp. should increase and add additional financial backing to DIGau.
Dignity Gold LLC, unlocking the value of traditional mining assets and working to build wealth for the people that share our vision.