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GOLD CHEAP

A next-generation precious metals platform combining real-time gold trading and purchasing capabilities.
Secure fintech-based transactions and AI-powered gold price information.

  • Various features include real-time gold price-linked trading,
    automatic gold purchase price calculation,
    and an AI jewelry recommendation system.
  • Secure profitability without depreciation by upcycling
    and selling gold through resets without melting it.
  • Combining future subscription (automatic gold purchase),
    AI recommendations, and B2B settlement features
  • A differentiated business model for digital precious metals commerce
    that connects gold buying, selling, and subscriptions in a single app.
  • 2% commission on sales and purchases
  • Differentiated gold prices are available for each level,
    including general membership and membership level.
  • Gold can be received in physical form
    / PB products can be converted
  • AI-based big data-driven gold price predictions to be curated

  • AI product recommendation
    service when taking
    /uploading photos

  • Provides results
    based on purchase purpose
    and price range settings

  • Matching degree
    expressed as a score

  • Additional AR-based
    AI recommendation system
    under development

  • Eliminating the threat posed by the continued
    influx of counterfeit gold from overseas.
  • Detection of low content of foreign gold and old gold.
  • Changes to the touchstone/test amount analysis
    method used for over 50 years.
  • Continued reduction in damage due to rising gold prices.
  • A structure similar to the mobile phone purchase device ‘Mintit’
  • Expanding into general retail stores with devices
    that are a quarter cheaper than existing models.
  • Direct distribution / direct store / franchise distribution
  • Automatic deposit system after precious metal analysis

Detailed step-by-step explanation

Gold content and weight analysis

  • Measure the content (%) and weight (g) of metal using XRF
    (fluorescence spectrometer) and precision balance.

Real-time purchase price linkage

  • Linking the Gold Chip server with the Korea
    Gold Exchange / International Gold Price API
  • Automatically calculates purchase price by reflecting real-time
    fluctuations in market prices Gold purchase amount calculation logic

Create report

  • Automatically output analysis results,
    market prices, amounts, and customer information
  • Create two versions simultaneously for administrators and customers

Customer automatic deposit

  • Automatic transfer to customer accounts via OpenBanking API
  • Send notification message/push notification when remittance is completed
Gold purchase price = (content × weight × real-time price)
  • 1

    Gold Content
    & Weight Analysis

  • 2

    XRF Analyzer /
    Precision Scale Integration

  • 3

    Pure Gold
    Content Calculation

  • 4

    Apply GoldCheap Real-Time
    Purchase Rate

  • 5

    Calculate
    Gold PurcAhase Amount

  • 6

    Generate
    & Verify Report

  • 7

    Automatic Deposit
    (OpenBanking API)

  • 8

    Push Notification /
    Transaction Record

VELA GOLD CO., LTD.

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@2025