Why need GST token?

To bring stability to the financial system, we need to have certain basis of printing money so that no country can keep on printing unlimited money, and hence increase inflation.

GST is a BEP-20 token based on the gold standard and tokens will be minted based on the known world reserves.

The current known gold reserves stand at approximately 53,000 tonnes. Each ton has approximately 1,000,000 grams of gold so the current known reserve in grams is 53,000,000,000 i.e 53 billion grams of gold.

One GST token will be equivalent to 1 gram of gold; hence 53 billion GST tokens will be initially minted, with a cap of 500 billion GST which will be equivalent to approximately 500,000 tons of gold.

GST tokens are allocated amongst 4 segments. The majority share of tokens i.e 80% will go towards GST community. 5% each will go to charities that help our fellow human beings and for critical human causes. Only 10% tokens will be reserved for GST team members. 

Global Standard Token

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