GOIDR — Gold Indonesia Republic
The first gold-based cryptocurrency in Indonesia, allowing you to invest in gold in small fractions. Each 1 GOIDR is backed by 1 gram of gold, with its security and authenticity guaranteed by a trusted depository institution.
Gold Indonesia Republic (GOIDR) is introduced as a stable coin (asset-backed coin) with the main purpose to digitize and mobilize Indonesia gold assets, making them accessible worldwide as an alternative investment medium to complement your investment portfolio.
Our vision is to make gold available at affordable prices, run globally 24/7, without restrictions within. As a cryptocurrency that is affordable for investors, GOIDR can be traded fractionally on the Crypto Exchange.
GOIDR is Indonesia’s first gold-backed cryptocurrency, developed through a collaboration between Blocktogo and a trusted gold depository institution.
Each GOIDR represents 1 gram of physical gold. However, the price of GOIDR on crypto exchanges may fluctuate based on market mechanisms.
Currently, the underlying asset of GOIDR is under Galeri24's gold brand and is stored safely in Pegadaian.
1. Register GOIDR Wallet and complete the KYC process.
2. Purchase GOIDR via our partner crypto exchanges: Gudang Kripto or Indodax.
3. Transfer GOIDR on-chain from the exchange to your GOIDR Wallet using the Polygon network.
4. Ensure you transfer the required amount of GOIDR along with the 6% redemption fee.
5. Submit a redemption request by selecting your preferred gold denomination and pick-up schedule.
6. Once approved, you will receive a QR code in your GOIDR Wallet, and your GOIDR balance will be locked.
7. Collect your gold only at Pegadaian Ps. Senen on your scheduled date and present the QR code to our staff.
8. If the QR code is valid, you will receive the physical gold according to your request.
9. Please note: Redeemed gold cannot be converted back into GOIDR. Physical gold collection is non-transferable and must be done in person.