GoldMoney is a protocol that unites blockchain infrastructure with the Binance Smart Chain (BSC) protocols by standardizing communication to execute and create financial transactions. According to the whitepaper of the asset, the protocol aims to develop a network to resolve the issues that presently exist with different online networks, which include:

The GDM is a decentralized BEP-20 token for the GoldMoney network built on the Binance Smart Chain. The BEP-20 is a standard token of the Binance Smart Chain that allows extension for the ERC-20 token. According to the website, the token is a highly scalable, economical, secure, fast, and a private medium of transactions on the network and serves many utilities, which aim to include the following:

The idea to develop the GoldMoney protocol began in February 2021, with the first airdrop of the protocol being made in April 2021. The token of the protocol has a maximum total supply of 100,001,000,000,000 GDM.   

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