The big question is.. Can you REDEEM it for physical gold?
Its nice to be backed by gold, but they don't mention anything about redeeming the gold itself. I'd look for redemption/physical delivery policy before throwing more money into the crypto-fiat vacuum lol
Seems much easier to buy gold or silver directly.
Gold is a very dense metal.. Average 1 oz gold bar is really not that big (really). Look up 1oz gold bar dimensions... 20 of those bars are still smaller than a bar of soap... can be stored anywhere!
Silver is less dense and takes up more space... but also much much cheaper. For every 1oz of gold you get aprx 75oz of silver in today's price. 75 oz can fit in a personal bible.
... And when your internet isn't working for whatever reason or you can't access your account for whatever reason simply reach into your little hiding place & VOILA! Money at your fingertips!!
ps; by the time this coin is out 12-18 mths, Gold & Silver would have shot up already. Get Now while it's still VERY CHEAP.