Pre-launch operating status
Buy, hold, send, receive and spend are the intended uses. They are planned for operational launch. Future wallet, exchange and payment integrations will be disclosed when actually available.
Use GFC
How will people actually use GFC?
GFC is intended to be bought, held, sent, received and spent. The architecture is defined. Public circulation, wallets, exchanges and payment integrations are not live.
Buy
Hold
Send
Receive
Spend
Pre-launch functionality framework
Buy
Planned for operational launch
Hold
Planned for operational launch
Send
Planned for operational launch
Receive
Planned for operational launch
Spend
Planned for operational launch
The initial standard circulation fee
The initial standard GFC Circulation Fee is 0.25% of the relevant genuine economic transfer. It is an initial operating standard, not an immutable constitutional rate, and it is not presented here as a live charging product.
The sender pays the GFC Circulation Fee.
The recipient receives the full stated amount.
If a payment is stated as 1,000 GFC, the recipient receives 1,000 GFC and the sender bears the applicable circulation fee in addition.
The GFC Circulation Fee is separate from blockchain gas, network, exchange and other third-party fees.
Initial standard
0.25%
Of the relevant genuine economic transfer. An operating standard — not a live product, not a constitutional rate, and not a GFC-holder return.
Genuine economic circulation, not mere wallet movement
The fee is intended principally for genuine transfers of economic value between different beneficial holders.
A technical movement between wallets controlled by the same beneficial holder is not, merely by itself, genuine economic circulation and should not ordinarily attract the standard circulation fee. The final technical implementation of that distinction has not been fixed.
- Person → person
- Customer → merchant
- Business → supplier
Golden Fig earns when GFC is used.
Golden Fig is a for-profit operating company. Its principal long-term operating revenue is intended to arise from small and proportionate fees associated with genuine circulation.
Primary issuance is a financing event. It is not intended to become the recurring commercial engine of Golden Fig.
Golden Fig should prosper primarily when GFC is genuinely used — not merely when GFC is issued.
Use creates company revenue. The Reserve remains for GFC holders.
Circulation fees are Golden Fig company revenue. They are not Physical Reserve Income. They do not automatically belong to GFC holders.
Likewise, net Reserve economic value does not automatically become Golden Fig corporate profit.
GFC circulation
↓ genuine economic use
Golden Fig company revenue
↓ after costs and obligations
Golden Fig shareholders
GFC Monetary Reserve
↓
Qualifying Reserve assets and net Reserve economic value
↓
Economic benefit of GFC holders
What kind of money GFC is designed to be — digital currency, market-determined value, no peg, no fixed redemption — is on Currency & Utility.
White Paper 2.0 — 11 · Market Price, Circulation & Golden Fig Economic Model