# IIP-7 CoinShares Gold and Cryptoassets Index Lite Version (CGCI-LV) **URL:** \ **Category:** Proposal\ **Tags:** IIP\ **Created:** [28 October 2020 06:22 UTC](https://gov.indexcoop.com/t/iip-7-coinshares-gold-and-cryptoassets-index-lite-version-cgci-lv/242 "2020-10-28T06:22:08Z")\ **Posts on this page:** 3\ **Page:** 2
**Author:** ![owl](https://avatars.discourse-cdn.com/v4/letter/o/dc4da7/32.png) [@owl](https://gov.indexcoop.com/u/owl)\ **Post date:** [11 November 2020 14:34 UTC](https://gov.indexcoop.com/t/iip-7-coinshares-gold-and-cryptoassets-index-lite-version-cgci-lv/242/21 "2020-11-11T14:34:56Z")
So, considering positive feedback from the community in this forum and the reputation of CoinShares, I am expressing my preliminary support for this proposal. There will be details to be ironed out but I am confident that those will be solved in due time. As long as there is no problem that arises before the launch, you will have my vote @mcgpetch ---
**Author:** ![mcgpetch](https://yyz1.discourse-cdn.com/flex027/user_avatar/gov.indexcoop.com/mcgpetch/32/134_2.png) [@mcgpetch](https://gov.indexcoop.com/u/mcgpetch)\ **Post date:** [11 November 2020 15:17 UTC](https://gov.indexcoop.com/t/iip-7-coinshares-gold-and-cryptoassets-index-lite-version-cgci-lv/242/22 "2020-11-11T15:17:39Z")
Thanks @owl for your support and your feedback on this proposal! ---
**Author:** ![booyah](https://avatars.discourse-cdn.com/v4/letter/b/ed8c4c/32.png) [@booyah](https://gov.indexcoop.com/u/booyah)\ **Post date:** [18 December 2020 17:24 UTC](https://gov.indexcoop.com/t/iip-7-coinshares-gold-and-cryptoassets-index-lite-version-cgci-lv/242/23 "2020-12-18T17:24:54Z")
I also don’t like the counterparty risk inherent with storing gold. [Previous page](https://gov.indexcoop.com/t/iip-7-coinshares-gold-and-cryptoassets-index-lite-version-cgci-lv/242.md?page=1)