Sponsor a New Goldback® Series
Gold is money everywhere. Our goal is to fill the world with local Goldback currencies.
While the first Goldback currency was produced for Utah, there may eventually be local Goldback currencies all over the world. In order to achieve this lofty goal, we have developed a program in which individuals may sponsor a new Goldback series while making a steady profit. This may only be done where authorized by State or Local law. Not every State listed may allow for the Goldback.
The model for creating a new Goldback series is based on the concept of leases. For example, if you were living in Alaska and wanted your own locally-themed Goldbacks, you could theoretically purchase a few hundred thousand dollars worth of Goldbacks and then lend them back to the company in order to sponsor the creation of the Alaskan Goldback. These borrowed Goldbacks would then be used as rotating inventory for the State of Alaska Goldback series. In return for leasing the Goldbacks, one could expect to receive a 3.5% return on an annual basis, thus putting your gold to work and taking advantage of this rare opportunity realize a return in gold on gold.
While the minimum is a 96,000 Goldback lease to launch a new Goldback series, the amount required for more populous areas is necessarily higher. In order for a series of Goldbacks to have a chance at circulating in more highly populated regions, there needs to be more of them available. If you choose to sponsor a new Goldback then you aren’t required to market or sell them yourself. This program is quite a bit different from the older kickstarter model.
We have put together five different region sizes for starting a new series:
Tier 5: (Beige) Regions containing populations of up to ~2,000,000. A minimum of a 96,000 Goldback lease would be required.
Tier 4: (Light Green) Regions containing populations of ~2,000,000 to ~4,500,000. A minimum of a 176,000 Goldback lease would be required.
Tier 3: (Green) Regions containing populations of ~4,500,000 to ~7,000,000. A minimum of a 256,000 Goldback lease would be required.
Tier 2: (Brown) Regions containing populations of ~7,000,000 to ~15,000,000. A minimum of a 432,000 Goldback lease would be required.
Tier 1: (Dark Brown) Regions containing populations of more than ~15,000,000. Tier one regions are handled on a case by case basis.
If you decide to sponsor any Goldback series, then not only will you earn a 3.5% return on your Goldback lease, but you will also have influence over what elements make it onto the drawings in the Goldback series that you sponsor, such as historical places, events, landmarks or symbols related to that place that may be important to you. This input is not necessarily required, nor do we guarantee that every one of your ideas will be used. The real prize is getting a customized Goldback that is unique to where you live. By sponsoring a Goldback series you become a champion of sound money in your own community while making a steady, respectable profit. In addition, we offer any Goldback Series sponsor the first of a numbered, limited edition series of framed and signed complete Goldback set for that region.
Any new region will also be required to have a featured business network built in advance of a launch. These networks are important because they build confidence in the money and give locals ideas on where and how to use their Goldbacks. It is also important to remember that there must be a State or Local law that allows for the Goldback to be used as a current money in that jurisdiction.