Convert GLDT GLDT to DIMO DIMO

The GLDT token is a digital asset that combines the stability of gold with the liquidity of digital currency. With GDLT, you can store your wealth in gold while using it for everyday purchases – whether its buying coffee or making larger transactions – seamlessly bridging the gap between gold and digital payments. GLDT stands for “Gold Token”, being a fungible token backed by GLD NFTs. GLD NFTs are NFTs that represent irrefutable ownership of physical gold bars. 1 GLDT represents exactly 0.01g of gold. GLD NFTs can be swapped at a ratio of 1g for 100 GLDTs, whereby the GLD NFTs get locked in the smart contract and the corresponding GLDTs get minted. GLDT is launched and governed by the Gold DAO, a real-world asset (RWA) project that tokenizes physical gold bars into Gold tokens and gold-backed stablecoins.

DIMO is the utility token powering the future machine economy. Starting with connected vehicles, the DIMO protocol creates blockchain-based identities for cars, drivers, apps, and sensors, enabling them to interact, transact, and coordinate autonomously. Vehicle owners earn DIMO tokens by sharing their data, while the token also governs this emerging protocol for machine-to-machine interactions. Built with open-source components on the Ethereum Virtual Machine, DIMO aims to increase transparency, privacy, and reliability in IoT networks, thereby fostering trust among users and developers. DIMO can expand beyond cars to robotics, energy, and other IoT categories in the future.