The article examines PAX Gold's (PAXG) token economy model, highlighting its 1:1 gold backing with over 400,000 troy oz in reserves. It explores PAXG's dynamic supply mechanism aligning tokens with physical gold holdings, governance under Paxos' centralized custodianship, and a 0.02% redemption fee fostering deflationary scarcity. Key comparisons are made between traditional gold investments and PAXG. The piece targets investors seeking secure digital gold ownership, leveraging advantages of blockchain technology, transparency, minimal fees, and regulation. Keywords: PAXG, gold-backed cryptocurrency, token economy, digital gold, blockchain transparency.