Gold Mine Token (GMT)

Gold Mine Token (GMT) widget

ICO date: 19.09.2017 - 08.10.2017
Industry: Investment
Description:

The Project offers crowdfunded investments in the GoldMine Token derivative (seedefinition above), which is implemented as a financial instrument on the blockchain platform and is backed by the industrial commodity (gold).

Features:

The company gives a cryptoasset (called GoldMine Token) whose value is based on Gold. This asset runs on a decentralised blockchain and provides the following benefits: It serves as a type of futures contract in there is a legal agreement to buy or sell the gold at a predetermined price at a specified time in the future It helps to hedge cryptotrading risks. GoldMine Tokens benefits in the following ways: GMT helps to use gold-backed investments as credible collateral.. Investors can trade gold quickly and easily.

Technical details:

The project has 3 active large scale exploration licenses and 1 active gold mine (>1500 kg of gold above 35m level is confirmed by SGS laboratory) in Zambia.

Website: goldmtoken.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Very Low 1.0 / 5.0
Risk score
High 3.9 / 5.0

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See also