Question 1

What is ZGD?

Accepted Answer

ZGD is a gold-supported digital currency created by Zambesi Gold (Pty) Ltd, a mining company specialising in the acquisition and development of gold mining assets in Africa. ZGD is an ERC-20 token built on Avalanche C-Chain with a fixed supply of 177 million tokens.

Question 2

Is ZGD a gold-backed token?

Accepted Answer

ZGD is a gold-supported digital currency, not gold-backed. It is created by real gold miners — Zambesi Gold (Pty) Ltd — and supported by active gold mining operations. ZGD is used to purchase physical gold through the Zambesi platform, and tokens used for purchases are permanently burned.

Question 3

How do I buy ZGD?

Accepted Answer

You can buy ZGD directly at sale.zgdgold.com using AVAX or USDC on the Avalanche network. ZGD is also traded on BitMart (ZGD/USDT pair).

Question 4

What blockchain is ZGD on?

Accepted Answer

ZGD is an ERC-20 token on Avalanche C-Chain (Chain ID: 43114). The contract address is 0xDB885bE2B22946FC2F9b3Cf72dd4FaB98227B80A.

Question 5

Who is behind Zambesi Gold?

Accepted Answer

Zambesi Gold (Pty) Ltd is a South African mining company specialising in the acquisition and development of gold mining assets. The team is headed by CEO Koos Van Straaten, with over 40 years of mining experience in Africa.

Question 6

How does the ZGD token burn work?

Accepted Answer

When ZGD is used to purchase physical gold through the Zambesi platform, the tokens used as payment are permanently burned on-chain. This makes ZGD deflationary — the total supply decreases over time as more gold is purchased.

Alapan Mondal

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