Every GBQ issued is backed by one physical Goldback. No new GBQ are issued without its backing Goldback.

A Goldback is a gold note, intended to be used as physical payment and contains 1/1000th of a troy ounce of 24 karat gold.

Currently, the GBQ reserve is being held as a responsibility of Troy Taft Company, and is serviced by Alpine Gold Exchange.

If you are a holder of GBQ and wish to get a copy of the last vault statement, request it directly by direct messaging ‘2r0y’ on Qortal.

You may also wish to create your own Goldback account at Alpine Gold Exchange. This allows you to redeem you GBQ directly between accounts whenever you wish by requesting it in Qortal.

You may also redeem your GBQ by converting it to QORT inside of Qortal when offers are available.