We're Global and Growing
We've been featured in diverse platforms around the globe, spanning the Fintech sector.
Empowerment
Beyond Borders
Here at Ubuntu Tribe, we believe no one should be stuck in the poverty or debt trap, regardless of wealth at birth or place of birth.
That's why we democratize access to wealth and financial stability through blockchain technology that enables our members to buy, sell, and own physical gold.
A new way to empower individuals and communities
Our goal is to empower everyone by providing equal access to gold,
thereby spreading prosperity and opportunity to everyone via our innovative platform, Utribe Wallet.
Secure, Stable, Transparent, Backed with Gold
When you add money to your wallet, we’ll convert it into a
digital currency, GIFT, that grows over time thanks to gold.
A Wallet that grows wealth for you
You can do so much with Utribe Wallet — you're in total control of what you can do with your assets, including withdraw physical gold.
Take a sneak peek into the app's intuitive interface and see how effortlessly it can transform your finances.
A Golden Opportunity Awaits
Explore genuine client feedback
Some of the real-life experiences that we value.
Melissa Kanu
Crypto Investor
Awesome work!
Ernest Okocha
University Student
Excellent!!!
Thomas Smith
Angel Investor
Game changer
Hussein Konate
Web Designer
Very effective!!
Damien Marley
Influencer
Works for me!!
Martha Mboma
CFO at Airtel
Nice job!!
Vincent Obasanjo
Bank Officer
I love Utribe Wallet!
Martin Obafeme
Senior Analyst
Awesome company!!
Get answers to common questions about Utribe Wallet
What is GIFT?
- GIFT, or Gift International Fungible Token, is a digital certificate of ownership of gold in the vault.
- Each GIFT token you own is 100% backed by real gold, tokenized to a unit of 0.001 grams (1mg) of gold. Therefore, the value of GIFT you own is equivalent to its corresponding price of London Bullion Market Authority (LBMA) international standard gold..
- As a digital Asset, GIFT Gold International Fungible Token combines the Trustworthiness of Gold, the Safety and Convenience of Digital currency, and the Liquidity of Cash.
How are GIFT tokens issued?
The GIFT token is issued through a process of “minting” on the Ethereum blockchain. The process follows three steps: Physical Gold allocation, token allocation and Pricing
Ubuntu Tribe uses track and trace technology to source and vault physical gold from various locations. Once vaulted, We ensure that gold supply data is collected and audited; then, it is made visible and verifiable to the public through a real-time Proof of Reserve protocol.
The issuance of GIFT tokens is governed by a smart contract implemented on the Ethereum blockchain, ERC20. The primary issuance of GIFT is on the Ethereum Blockchain but will be later available on Polygon and Binance Smart Chain.
GIFT tokens are priced according to the daily LBMA gold price plus a variable premium and an initial transaction fee of 1.616%
How do I know my gold is in vault?
GIFT is stored in trusted and reputable vaults across the world in Switzerland, Germany, Singapore, Denmark, and Dubai. The tokens are 1:1 backed by LBMA Gold standard 999.5 physical gold, ensuring a direct link between the token and the actual gold reserves located in the vaults.
We ensure that the gold reserves constantly meet or exceed the amount of GIFT in circulation. The sourcing and vaulting of the gold are governed by Utribe’s exclusive track and trace technology, ensuring complete transparency and traceability of the gold supply chain. External auditors verify the accuracy of the data reported on the gold reserves, and they conduct audits that are subsequently reported as proof of reserve.
Additionally, you can exchange your GIFT tokens for physical gold in bars upon request (based on minimum quantity purchased requirements)
What are the benefits of using GIFT?
As a digital Asset, GIFT Gold International Fungible Token combines the Trustworthiness of Gold, the Safety and Convenience of Digital currency, and the Liquidity of Cash.
GIFT is a stable token that maintains its value and liquidity, making it an excellent instrument for trading and remittance purposes.
Additionally, GIFT provides you an opportunity for you to use gold as a savings instrument to protect your wealth from inflation, even with minimal investments of 0.005 Euros.
How can I buy GIFT tokens?
Anyone anywhere can purchase GIFT through our Wallet (link ) or our web3 web-dApp (Link), with the following accepted
payments methods:
- Credit Card purchases
- Payments in USDC/USDT
- Payment Options from Partners (credit card, mobile money payments, vouchers, swapping)
- Direct Swapping via Liquidity Pools (UniSwap V3, PancackeSwap, and more)
How do I send and receive GIFT tokens?
- GIFT, or Gift International Fungible Token, is a digital certificate of ownership of gold in the vault.
- Each GIFT token you own is 100% backed by real gold, tokenized to a unit of 0.001 grams (1mg) of gold. Therefore, the value of GIFT you own is equivalent to its corresponding price of London Bullion Market Authority (LBMA) international standard gold.
- As a digital Asset, GIFT Gold International Fungible Token combines the Trustworthiness of Gold, the Safety and Convenience of Digital currency, and the Liquidity of Cash.
A free investment solution with no hidden fees
Join us today and start shaping a brighter future for yourself and others! Withdraw physical gold wherever you are in the world.
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