
By Storehouse Gold to Stellar
Storehouse is a redeemable token platform giving access to individuals around the world to the protection and stability of gold.
Note: Since the initial submission of this project, gold has peaked at an all-time historical high. We believe this reinforces our vision to provide the persons around the world the ability to leverage gold as an asset of stabilization and security amidst uncertain times:
Original Submission
Storehouse Gold offers a platform which specifically provides gold as a tokenized real world asset. Our platform launched in 2023 and utilized the Polygon network and ERC compliant smart contracts (specifically ERC-721 and ERC-20 for our two token types.)
Tokenized gold provides individuals in the emerging world that are subjected to the risks of weak currencies, needing to travel and remit funds back "home", risks of having their physical money stolen, and so many other scenarios that the modern "west" does not encounter. By tokenizing gold, Storehouse can offer a path for individuals almost anywhere worldwide to convert their wealth into tokenized gold assets that can be remitted, traded, bartered, or redeemed.
Our method of token redeeming and liquidity is unique in the industry, and provides both the user as well as the gold providers the ability to maintain utmost security in any of our partnering hubs in different regions around the world.
Since our product was built on Polygon, we faces on-ramping and off-ramping limitations. With the emergence of Soroban and being able to leverage more efficient and powerful smart contracts across the stellar network, the solution to our product was simple.
After our conversion, users around the world in compliant regions will more easily be able to convert fiat to stable-coins for both the purchasing and selling of their tokenized assets in nearly real time.
This is something that Polygon can offer, but nowhere near as efficient or with the same growing infrastructure as Stellar.
Additional Documents
"Initial Polygon Token Build" Link: https://drive.google.com/file/d/1lpFne1DJnzyUOIZhslmtAYvdUmFBPdL4/view?usp=drive_link
"Full Gold Process (3rd Party)" API Documentation Link: https://drive.google.com/file/d/1q8g8NvKBcFU27vUK2iylOOiljc4up6/view?usp=drive_link
"Development Team" Development Leadership (internal and External) Link: https://drive.google.com/file/d/1ESTXQeH1L2kKrIiLA2fspDmhrqutlo/view?usp=sharing
"Request and Resubmission Guide" Guide to all documents Link: https://drive.google.com/file/d/1-1lVNEYJWyvhBcE114mkuSeiQO2S-25j/view?usp=drive_link
Updated Documents
"Storehouse Gold Conversion" VersionSH-SHG-SS-2.2 Link: https://drive.google.com/file/d/1InDaM7gYgigDIZtyMIm9SxC5PZXZlR_f/view?usp=sharing
$50.0K

No other submissions.