> For the complete documentation index, see [llms.txt](https://docs.openbullion.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.openbullion.com/overview/about.md).

# About OpenBullion

## Building the open precious metals ecosystem

OpenBullion's mission is to develop an accessible, transparent [precious metal](/knowledge/definitions/precious-metals.md)-backed ecosystem that levels the financial playing field and democratizes the world's best [money](/knowledge/definitions/money.md).

## The why of OpenBullion

Since the failure of the [Bretton Woods](/knowledge/events/bretton-woods-conference-of-1944.md) system in 1971, when [the United States removed the convertibility of dollars to gold](/knowledge/events/nixon-shock-of-1971.md) at a rate of $35 USD/[troy oz](/knowledge/definitions/precious-metals/weights/ounce.md) (thus removing the need to hold enough gold in reserve to cover all dollars printed), the world has experienced a **critical loss of purchasing power.** Precious metals, on the other hand, continue to **preserve purchasing power and protect against** [**monetary inflation**](/knowledge/definitions/monetary-inflation.md). 

It's with this in mind that we start the long road of building the OpenBullion ecosystem. 

## The what of OpenBullion 

### OpenBullion data

In the coming weeks, we will be releasing our [Google Sheets Add-On](/products/google-sheets-add-on.md) and our [Chrome Extension](/products/chrome-extension.md); in the coming months, we will release our [public API](/products/public-api.md) directly to consumers, all for free.

### OpenBullion Knowledge Base

Our precious-metal-focussed Knowledge Base features [definitions](/knowledge/definitions.md), details on critical [historical events](/knowledge/events.md), precious metal [market information](/knowledge/markets.md), and [book recommendations](/knowledge/library.md).

For the latest information be sure to follow us on [X/Twitter](https://twitter.com/OpenBullion), and please read our [Disclaimer](/legal/disclaimer.md) as it relates to the the information provided by OpenBullion in all formats.

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