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Goldback: Summary

Goldback provides physical, interchangeable gold currency that can be used for small transactions. It aims to support local businesses and promote the use of sound money.

Service Name

Goldback

Industry

Finance, currency, alternative currency, precious metals

Main Value Proposition

Goldback offers a practical solution for using gold in everyday transactions, making it accessible and usable for small purchases.

Description

Goldback provides physical, interchangeable gold currency that can be used for small transactions. It aims to support local businesses and promote the use of sound money.

Key Features

Fungibility allowing easy exchange between denominations; Support for local businesses through acceptance of Goldbacks; Goldback Lease Program for earning returns; Goldback Transaction Calculator for easy transactions

Use Cases

Goldbacks are most valuable for individuals looking to make small purchases, businesses wanting to accept gold as payment, and those interested in investing in gold without the complexities of traditional gold ownership.

Competitive advantages

Goldbacks are anonymous and do not require approval for spending.; They can be used for barter, trade, and discounts, even though they are not legal tender.; Goldbacks support local businesses and provide a community-focused approach to currency.

Strengths

Goldback's strengths include its innovative approach to currency, the ability to support local economies, and the convenience of using gold for small transactions.

Positioning

Goldback positions itself as a modern solution to the age-old problem of using gold as currency, making it practical for everyday use.

Audience

The target users include consumers interested in alternative currencies, local businesses looking to attract customers with Goldbacks, and investors in precious metals.

CTA

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Tags
  • Gold currency

  • Local business support

  • Fungibility

  • Investment

Tagline

The Goldback solves a 2,600 year old problem in that gold can be spent in small, interchangeable increments.

Tone of Voice

Informative, supportive, innovative

Differentiation

Goldback is unique in that it allows gold to be spent in small, interchangeable increments, addressing a long-standing issue in the use of gold as currency.

Brand Positioning

Goldback identifies itself as a pioneer in the gold currency market, focusing on accessibility, community support, and innovative financial solutions.

Founded

2018-01-01

Founders
  • Christopher Jensen

  • Jeremy Cordon