IPMB is a gold-backed cryptocurrency which seeks to create a seamless process for investors to buy, trade and hold gold on the blockchain via IPMB and its partnering NFT GeM, which is soon to be released. Each IPMB Token in circulation represents a gram of actual gold held by IPM Ltd in secure vaults. GeM NFTs will represent a set amount of gold, also in the IPMB Ecosystem, held in vaults. E.g. GeM100 represents ownership of 100 grams of gold. GeMs can be bought at a discount rate via Staking of IPMB tokens.