1 GFC’s initial intrinsic value is backed by 1 mg physical gold. The value of GFC will not drop to 'ZERO'.
Through the 'Gold Mitosis' AKA. 'Gold Goose' system, the intrinsic value of GFC will be added due to the increment of backed gold.
GFC Foundation commits to destruct numbers of GFC if the intrinsic appreciation fails.
GFC links with GFCP token bonus point system in the practical business model.
GOLDEN FORTUNE CHAIN takes the lead in applying the blockchain tech and thoughts to gold jewelry industry, to create a brand new decentralized, fair, transparent, efficient collaborative value community and ecosystem.
DPoS (Delegated Proof of Stake). Node will be authoritatively delegated to the companies or institutes which can make contribution to the ecosystem. 101 nodes max..
GFCoin provides incentive for all nodes, participants and traders as token running on GFChain in order to impel all parties to spontaneously work for the community.
GFC can be used in the real scenarios online & offline, such as jewelry consumption and cross-border payment.
nodes on GOLDEN FORTUNE CHAIN are the basics of the entire ecosystem, other nodes are in process of affiliating except those as given below.
The representatives of Luxury World Key, Dubai，Mr. Serghey, Mr. Pavel and Mr. Mikhail visited to Golden Fortune which is the eco. partner of Golden Fortune Chain. The most importantly, LWK has established a fund to infuse into GFC, which will be a strong support and provisions for GFC.
GFC Wallet is the only official wallet which is developed on DataBaseX public chain. The basement framework originally stems from Graphene, the core technology of Bitshare, which has already been widely used and proved to be highly reliable. On the other hand, its high-order institution is further optimized relying on its exlusive consensus mechanism, Data based delegated proof of stake (D-DPoS). As a result, it ensures TPS that can exactly match the level of EOS reaching over 5000 reliable transactions per second as well as relieves a series of centralized governing problems such as bribery ballot from the aspect of basic designing principle. In a word, all the above advantages entitle the GFC wallet very high level of security, even better than ETH and EOS.