What's the point?
Look, we know what you're thinking. Well, technically this is NOT a stablecoin...
Fort Knox has inspired decades of public debate about how national gold reserves should be inspected and disclosed. Official controls and historical inspections exist, but the public cannot simply watch a live view or schedule a count.
Most "backed" assets aren't actually backed by anything you can see or touch. They're backed by trust in institutions, attestations from auditors, and PDFs that no one reads.
We wanted to try something different. What happens when you make the backing so literal, so visible, so absurdly tangible that anyone can verify it with their own eyes? What happens when you can visit the vault and pick up a coin?
We don't know exactly. But we thought it would be fun to find out.