The Nacreous Coin is a blockchain-based cryptocurrency that is linked to physically deposited gold in the form of certificate of deposit called GOLD RESERVE SUKUK. A certain number of Nacreous Coins can be exchanged based on a specific formula defined in our offer for the appropriate certificate of deposit GOLD RESERVE SUKUK, whereas the certificate can be redeemed by Physical Gold at any time. The Nacreous Coin is designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium.