What is Golden Towns about?

In 19-08-2013 was official launch and author said about this cool free online game: “Build an amazing town and win REAL CASH! GoldenTowns is a free online game that can be played straight from a browser like Internet Explorer. The game is a town construction, political and military simulator in which virtual gold can be exchanged for real cash or for real 24k gold."

Author also said:
“The game is based on a paper published by Mr. Vlad Cristian (CEO ANNO1777 Labs) in 2011, which describes a deflationary economic system in which the amount of virtual currency is fixed and covered 100% real gold. In GoldenTowns there is a limited amount of virtual gold (100,000 GoldenTowns Coins or GTC) is distributed gradually in a steady pace by players. The entire amount is covered by a growing amount of real gold in bullion 24k.”