# 1. Introduction

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## **1.1 Project Overview**

The CHREMA project is a Web3 ecosystem centered around GOLDX, an RWA (Real World Asset) token backed by physical gold assets, and CHREMA, a blockchain-based utility token utilizing GOLDX.\
The project aims to digitize the mining and distribution revenues derived from contracts with AMC, a gold mining development company and its parent company, and distribute these revenues transparently and automatically to blockchain-native users.

## **1.2 Background and Necessity**

Traditional gold investment methods suffer from high barriers and inefficiencies in storage, distribution, and verification. CHREMA addresses these issues by implementing a smart contract-based platform that reinvents gold—a traditional asset—into decentralized finance (DeFi) within the blockchain ecosystem.

* Real-time gold holding data
* Automated profit distribution
* Decentralized financial accessibility

## **1.3 Core Values**

* **Transparency:** GOLDX tokens are fully backed under a 0.1g-per-token peg (circulating supply × 0.1g) and are verified through external audits.
* **Accessibility:** Anyone can deposit stablecoins or tokens to obtain GOLDX or participate in liquidity provision via CHREMA.
* **Sustainability:** Operates based on actual gold mining revenues, differentiating itself from speculative profit models.


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