> For the complete documentation index, see [llms.txt](https://doc.chrema.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.chrema.net/1.-introduction.md).

# 1. Introduction

<figure><img src="/files/tHiuLiurG4URSvKAg7Ea" alt=""><figcaption></figcaption></figure>

## **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.