ChainGold is a reserve gold cryptocurrency backed by pack of expertly priced physical gold, evaulated by Germany based precious metals evaluation institute.

Due to the fact that ChainGold is not a stablecoin, but a reserve gold cryptocurrency, its maximal price is not capped, yet its minimal price should be 1 €.

For each of emit tokens, ChainGold holds 1 € of expertly priced physical gold.

Each ChainGold is not pegged to, but backed by 1 € of expertly priced physical gold.