The Royal Gold Academy, its token and the eco-system.

Carlos "BitKing23" Gonzales
5 min readJan 2, 2021

A TOKEN BACKED BY AN ECOSYSTEM OF EDUCATION

written by Go-Tech Interactive Media Services

In the month of February 2020, a citizen of one of the Caribbean states sat down at his home office and made a decision, a decision to break through the barriers of economic restriction not just for himself but for those of his region, through the creation and conceptualization of the RGA Token supported by Education and not just any type of Education, but “Strategic Education”.

What do I mean by strategic? I mean the type of education that would “enhance people’s lives and allow them to experience the freedom to innovate and tap into limitless opportunities; to build personal and generational wealth through the decentralized space.” Oh that type of education !! The one that we were not taught in the mainstream educational system.The old system which created employees rather than owners and investors, and diminished family life by trading it for hours of building someone else’s dream.

In March 2019 GoTech Interactive Media Services formed an education arm to the business called the Royal Gold Academy with a mission to educate persons in the areas of Cryptocurrency, Crypto- trading and much more. The sole purpose of the Academy is to increase understanding among the small island states, as well as, the wider crypto community, in areas related to decentralized wealth and technology. Although it began as a physical meet up, when the Corona Virus pandemic emerged, the Academy was quick to convert to an online platform, royalgold.online

The Website is comprehensive yet simple and to the point with features that facilitate recorded video sessions for those who would have missed the live session, as well as links to a library of resources. The site later developed to expand and create an eco-system that would include The Ambassador Program, a marketing branch of the academy designed to reward students, past or present, in tokens for contributing to the academy, either by referrals, or building the library with research papers done by students themselves.

Another part of the eco-system is the RGA Store, a developing hub for crypto and techno related products, which can be exchanged using our native RGA Token, or other popular crypto.The ecosystem is also supported by virtual events, seminars, webinars and tuition fees of which all are used to add value to the RGA Token by employing its particiation through holders of tokens. In September of 2020 RGA held its first successful Virtual Summit featuring speakers such as Micheal Amann, Larry Pereira, Jamal Ali-Shah and international speaker Adam Rubin, VP of sales from Endotech Ltd. (one of our partnering companies based in Israel)

THE RGA TOKEN

The RGA Token was first developed as an ERC-20 Token, but as of January 2021 , it would be officially recognised as a TRC-20 Token built on the Tron blockchain. The reasoning behind this move is to alleviate the high gas prices required within the Ethereum Protocol. In a statement made by RGA’s founder he states :

The Tron Blockchain is ripe with opportunities, apart from transaction fees being near zero, the innovations of DeFi and strategic partnerships provides Tokens built on the Tron Protocol a high amount of insatiable opportunities for growth and development; which will greatly benefit the RGA Token.”

The total supply of the RGA Token is five (5) billion, with a circulating supply of about 3.6 billion and will be actively providing DeFi opportunities to all participants in the coming year. 2021 will be considered as the year of full utilisation, combined with the implementation of new courses, which will be made available to both the RGA Token and the Academy respectively.

Steps to setup for recieving RGA Gift Tokens

For every person that attends the Royal Gold Academy and does one or more of the courses, as well as those attendees at our virtual meetings and summits qualify to receive gift RGA Tokens…These tokens can be used within RGA’s ecosystem. In order for participants to receive RGA Tokens in the Tron Protocol the steps are as follows:

  1. Setup the Tronlink wallet google/browser extension: You can find the link here for the Tronlink extension. This video gives a guide to follow the process.
  2. Add token contract address to Tronlink by following this example here. If you are unable to find RGA Token Tron contract address request it here
  3. Accumulate some Trx (Tron) Tokens to supplement for Transaction fees for sending or recieving RGA.
  4. Go to royalgold.online and register as a member of the website then to learn more about RGA Token, proceed to the Tab labelled “THE RGA TOKEN” .
  5. Then proceed to menu area that says “Get RGA Gift Token” and click
  6. Fill out form , agree to Terms and Conditions
  7. Your records will be verified with our database to recieve tokens.
  8. RGA Tokens are distributed.

Once the wallet has been setup you are now ready to receive the gift tokens given to all students, as well as attendees of RGA meetups and Summits that you can use within the RGA space and its partners.

Upcoming 2nd Annual Virtual Summit and Anniversary celebrations

In March 2021, the Royal Gold Academy will be reaching its two year stint since begining operations and have seen it fit to celebrate this milestone with a season of RGA Activities within the community. It will begin with our Pre-Summit Season celebration and end at our 2nd Annual Virtual Summit on 6th June 2021 entitled “Defi-ing the Odds” with a host of speakers from various communities sharing on the power of Decentralised Finance systems, followed by a series of free virtual workshops throughout the week.

At the Royal Gold Academy our mission and focus is to really present a strategic form of education that will help guide persons into making educated decisions that will protect their future.

GoTech Interactive Media Services has been operating since 2006 and carries a range of blockchain related products that cater to the individual as well as businesses that require transformation into the digital space. Their partner company The Digital Galaxy work alongside to ensure they can provide the necessary tools to have a smooth and viable transition.

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