In the highly volatile market of cryptocurrencies there exists an ever increasing need for a safe haven coin that can provide a refuge for investors. GSPCoin provides that refuge through valuation coherence. This coherence is predicated upon the value of a mix of precious metals. Specifically GSPCoin is the first cryptocurrency backed completely by gold, silver and platinum. The valuation of a single GSPCoin is derived at any time from the current spot price of all three metals in their respective proportions and can be expressly calculated as 1g of Gold plus 50g of Silver plus 1g of Platinum. All backing bullion is stored in international bullion vaults and insured.
The key benefit of such a coin is the safe harbor parking of wealth without having to exchange out of cryptocurrency to fiat and then physical bullion. Our currency is backed by secure blockchain technology.