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Ubuntu Tribe: How Mamadou Toure Is Tokenizing Gold To Build Financial Freedom In The Web3 Era

Ubuntu Tribe: How Mamadou Touré Is Tokenizing Gold To Build Financial Freedom In The Web3 Era
Ubuntu Tribe: How Mamadou Touré Is Tokenizing Gold To Build Financial Freedom In The Web3 Era

At the start of October, the Hack Seasons Conference in Singapore gathered main innovators in crypto, blockchain, Web3, AI, and DePIN to debate rising international tendencies. Among them was Mamadou Toure, Founder and CEO of Ubuntu Tribe, a fintech enterprise redefining entry to real-world belongings by blockchain.

Mamadou Toure, a visionary in influence finance, spoke with us about tokenizing gold to democratize wealth, the teachings discovered from conventional finance, and his mission to create a extra equitable, sustainable international financial system.

Democratizing Wealth Through Gold-Backed Tokens

Ubuntu Tribe’s mission is straightforward but profound: to assist individuals obtain monetary freedom by making wealth creation accessible to everybody, no matter geography or standing.

“The method wealth is constructed shouldn’t penalize the place you had been born,” Mamadou Toure defined. “To escape the poverty or debt entice, individuals want actual belongings they’ll borrow in opposition to, develop, and go all the way down to future generations. Gold has all the time served that function—but it surely’s bodily, heavy, and sophisticated to maneuver. That’s why we’ve tokenized and fractionalized it.”

Through Ubuntu Tribe, customers can personal gold-backed tokens ranging from simply $0.10—equal to at least one milligram of gold. “Anyone on the planet can now take part,” Mamadou Toure added. “Because it’s on-chain, it’s secure, quick, and simple to switch with out the gold ever having to maneuver.”

The firm envisions a close to future the place customers can swap BTC, ETH, or USDT for gold-based tokens seamlessly—bridging conventional belongings with the Web3 financial system.

Rethinking Gold In The Digital Age

Before founding Ubuntu Tribe, Toure spent over 20 years in conventional finance, giving him a singular perspective on how gold is valued in another way in Web3 and conventional programs.

“Web3 typically misunderstands gold as a result of it comes from a purely digital surroundings,” he mentioned. “Bitcoin has been referred to as ‘digital gold,’ and whereas it has grown impressively, gold stays the muse—secure, tangible, and constantly beneficial.”

Mamadou Toure famous that gold’s market cap has outperformed Bitcoin’s in 2024, sustaining a ten:1 ratio during the last 5 years. “There’s a scarcity of schooling round this. But by calling Bitcoin ‘digital gold,’ even crypto maximalists are acknowledging gold’s enduring energy.”

He additionally criticized conventional finance for its lack of transparency: “Central banks and huge establishments purchase gold quietly whereas the general public stays uninformed. When gold hits file highs, you not often see it on the information—as a result of some gamers wish to maintain shopping for at low costs.”

Tokenized Gold: Real Innovation, Not Repackaging

Addressing skeptics who say tokenized gold merely “repackages” conventional belongings, Mamadou Toure disagrees:

“Repackaging is innovation,” he insisted. “Bringing bodily belongings on-chain democratizes entry. Fractional possession of gold and different commodities adjustments lives.”

Mamadou Toure emphasised that Ubuntu Tribe’s gold-backed tokenization took years of engineering, compliance, and auditing. “Each token is linked to a particular gold serial quantity, verified by auditors earlier than issuance. We can’t mint extra tokens than the verified provide. This traceability, logic, and logistics—few have managed to get proper.”

Real-World Assets: The Next Chapter Of Web3

Mamadou Toure believes RWAs are the inevitable way forward for Web3. “When you possibly can tokenize commodities—not simply treasured metals—you create immense worth. As the greenback weakens, international central banks are turning to gold, the timeless spine of monetary programs.”

Ubuntu Tribe views tokenized gold because the gateway to onboarding billions into Web3. “Gold is a common asset. Everyone is aware of it, everybody trusts it. Tokenizing it permits us to attach what individuals already imagine in with what they’ll come to belief—Web3.”

Building Trust, Compliance, And Sustainability

Since its founding 5 years in the past, Ubuntu Tribe has constructed not solely a token however a full ecosystem—from wallets to traceability programs and accountable sourcing.

“We’ve constructed a quantum-safe pockets with built-in funds and a dApp browser,” Mamadou Toure mentioned. “We additionally took two years to safe MiCA compliance within the EU, making certain full client safety. We have entities within the US, Singapore, and a regional headquarters in Dubai.”

The firm operates gold vaults in Zurich, Stuttgart, Copenhagen, and shortly Dubai and Singapore. But Toure’s imaginative and prescient goes past storage.

“I couldn’t take delight in promoting gold-backed tokens with out making certain our gold is ethically sourced,” he emphasised. “We constructed a track-and-trace system from mine to vault, verifying each step. We additionally use zero-mercury extraction expertise, making certain our operations are environmentally and socially accountable.”

Ubuntu Tribe, he added, is a “acutely aware firm”—aiming not solely to vary lives by funding however to uplift the miners and communities behind every gram of gold.

Circular Economy And Next Steps

Ubuntu Tribe is constructed on a round financial system mannequin, proving that finance can ship monetary, social, and environmental returns concurrently.

In the subsequent 12–18 months, the corporate plans to develop its providing past gold. “We’re launching silver subsequent quarter, adopted by platinum and lithium,” Mamadou Toure revealed. “We wish to carry hidden jewels to the plenty—belongings which might be actual, trusted, and scam-proof. One day quickly, individuals is perhaps utilizing gold tokens to purchase espresso.”

Ubuntu Tribe can also be creating AI-powered monetary instruments. “Finance runs on two pillars—data symmetry and collateral,” Toure defined. “We’re tokenizing metals to offer individuals on-chain collateral that doesn’t rely upon credit score historical past. And we’re constructing an AI monetary literacy assistant in our pockets to assist customers study, make investments, and develop smarter.”

As Ubuntu Tribe enters its subsequent section, Toure stays grounded in function. “We’re not simply tokenizing gold—we’re constructing a bridge between the outdated and the brand new world of finance. Real belongings, actual worth, actual influence. That’s what’s going to drive the subsequent era of wealth creation.”

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