Gold Mine Token (GMT)
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).
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.
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.
|ICO start date||19 Sep 2017|
|ICO end date||08 Oct 2017|
|Additional Token Emission||No|
ICO - 65% Pre-ICO - 15% Marketing - 15% Team - 5%
Type of scores
|Hype score||Very Low||Active|
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