Cardano Gold $CARGO Whitepaper v2: Everything Laid Out
This Whitepaper was preceded by the whitepaper v1 and the lightpaper, now with enough information and insights we are able to lay all things out.
This Whitepaper was preceded by the whitepaper v1 and the lightpaper, now with enough information and insights we are able to lay all things out.
We believe it is the final version, not turning it into a journal! We needed time to see what can be accomplished on Cardano blockchain and where it is heading along with the ecosystem to get the final pieces of the puzzle!
Store of Value, Governance, Tokenomics, Burning, BuyBack, Treasury, Staking
You can read the new version of the whitepaper, download it from the Cardano Gold website which we also redesigned to better present all of these fundamentals in the columns, which are probably easier to read for the website visitors from which 80% skip the whitepaper.
We have also explained the function of the $CARGO as a Store of Value and also the Governance token for the whole Cardano Gold ecosystem projects which can have their own utility tokens.
The concept of the Cardano Gold Treasury as an accumulator that earns, and holds a basket of other crypto assets like ADA and the revenues made.
CARGO burning and the BuyBack functions.
Decentralization in our ecosystem is fully achievable due initial fair launch and CARGO token distribution on MuesliSwap where the tokens were quite equally distributed among wallets not having pre-sales, IDOs, ISPOs, and continuing that path.
Governance model which is quite innovative and not based on who has the most tokens but voting for community representatives on the elections which will have the majority of seats in the Cardano Gold Council.
Cardano Gold $CARGO will probably also be the first to accomplish the decentralized staking with just connecting a wallet, something that is not yet to be seen among all Cardano projects.
Thanks to our community which understood the concept from the start CARGO price on all DEXs is up 60% from the initial one which is exactly the pace what we aim for on a mission of becoming the successful and respected global store of value and a safe haven for the CARGO holders for the decades to come. And let the others race in this early phase, pump and dump and play games with their communities.
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