INNOVAMINEX - Blockchain of Precious Metals Mines

alt text
Precious metals are naturally occurring rare metallic elements having significant economic value. They have high luster, usually ductile which tend to be less reactive than most elements. Precious metals are primarily regarded as investments and industrial commodities. Platinum group metals and gold are some of the most prominent precious metals present in the industry. While the coinage metals, silver and gold are consumed in industrial applications, they are better known for their use in jewellery and art. Other precious metals include the platinum group metals: iridium, osmium, rhodium, ruthenium, palladium and platinum.
Gold prices have been skyrocketing as of late, which makes many people wonder if they should have gold and other precious metals in their investment portfolio. Adding some precious metals to your portfolio might not be a bad idea as gold and other precious metals can offer portfolio diversification and potentially act as a hedge against inflation.
Innovaminex is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs. This will allow buyers to verify the origin of the metal they have acquired, insuring that the extraction is legal, that the environment has been protected at all times, or that it cannot be used for money laundering, since all transactions are registered and the whole community has access to them.
InnovaMinex ultimate goal is making gold and other precious metals more accessible to all the people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.
InnovaMinex is a live project that uses blockchain technology to guarantee the traceability of precious metals , by applying a set of procedures such as:
  • It allows the certification of the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer;
  • It gives buyers a possibility to verify the origin of the metal they have acquired, insuring that the extraction is legal and that the environment has been protected at all times;
  • The project cannot be used for money laundering, since all transactions are registered by the blockchain and the whole community has access to them
Most importantly, the InnovaMinex project provides a unique link between gold and INX, in such a way that even if there were negative scenarios for gold and for INX, users who trust in our cryptocurrency will still benefit.
  • If the price of gold declines, this does not mean that the price of #INX also declines (it could happened that the value of INX grows as the volume of InnovaMinex’s business grows!)
  • If the value of the INX token falls (at the stock exchanges the supply exceeds demand), then those users who save their INX get more advantages and opportunities for buying gold with even better conditions.

Features of Innovaminex

  • Blockchain: The best and most advanced technology providing complete information on traceability from the extraction of precious metals to their commercialization.
  • Safety and integrity: Users can rely on the fact that transactions will be conducted in an invulnerable, automatic and trustworthy way, removing the need to trust in third parties.
  • Faster speed: Interbank transactions usually take several days before they are cleared and settled. INX work 24/7, reducing transaction times to just minutes.
  • Low-cost: By eliminating traders and third parties, we can remove unwanted additional costs. That is how InnovaMinex is able to significantly reduce transaction fees.
  • Transparency and immutability: All INX transactions are publicly visible and immutable for the whole community. They cannot be either altered or deleted.
  • Quality traceability: The certification performed by our blockchain will be complete, consistent, precise and publicly available.
  • Market: InnovaMinex is the safest and the most cost-effective option for the purchase of gold and precious metals.
  • INX: Our cryptocurrency will rank first in the mining and precious metals industry.

Token and ICO Details

  • Token name: INX
  • Token Standard – INX Blockchain, backed by (INX Thunder Network (TTX))
  • Starting: JANUARY 7th 2019
  • Ending: JANUARY 21st 2019
  • No. of Tokens Available for Sale – 210 million INX (65% distributed in ICO)
  • Token Launch Price – 1 USD = 2 INX
  • Bonus: 10% Discount
  • Soft Cap: $10 million
  • Hard Cap: $ 52.500.000
  • Minimum personal purchase: 1 INX
  • Maximum personal purchase: No limit
  • Accepted Cryptocurrency: BTC, BCH, ETH, LTC, DASH, ETC, USDT, XRP
  • KYC and Whitelist Required – Yes
ICO Sales – Phase 1*
  • Start Date – 26th Nov ’18 ||| End Date – 9th Dec ’18
  • Bonus – 30% Discount
  • Token Sales Limit – up to 210 million INX
ICO Sales – Phase 2*
  • Start Date – 10th Dec ’18 ||| End Date – 23rd Dec ’18
  • Bonus – 24% Discount
  • Token Sales Limit – up to 210 million INX
ICO Sales – Phase 3*
  • Start Date – 24th Dec ’18 ||| End Date – 6th Jan ’19
  • Bonus – 16% Discount
  • Token Sales Limit – up to 210 million INX
ICO Sales – Phase 4*
  • Start Date – 7th Jan ’19 ||| End Date – 20th Jan ’19
  • Bonus – 10% Discount
  • Token Sales Limit – up to 210 million INX
ICO Sales – Final Phase*
Start Date – 22nd ’19 ||| End Date – 26th Jan ’19
Bonus – 0% Discount / No Bonus
Token Sales Limit – up to 210 million INX
[Note: – (*) Only if the 210 million INX have not been sold in previous phases]
INX tokens being the utility token on the InnovaMinex ecosystem helps customers in the following process of its ecosystem: –
  1. Mines (Mining) – Clients using INX will be offered benefits and discounts
  2. Refining – InnovaMinex being the 1st refiner to accept cryptocurrency for metal refining activities
  3. e-commerce – INX will be the preferred currency on the InnovaMinex on-line store, while offering discounts and benefits
  4. Exchange – INX will be traded in various exchanges for digital currency or fiat money
  5. ATMs – INX can be purchased in PoS and ATMs hosted / deployed by InnovaMinex
  6. Participant Stores – INX can be used for payments in major platforms and in small partner stores
alt text

Road Map

alt text
alt text
From 2013…
  • Searching for mining prospects: Direct investment is achieved for Verada Guayaquil project. Six other gold mining concessions are negotiated.
November 2018
  • Initiation of the assembly plant at the Guayaquil project. Additional explorations conducted into the Vizcaya project. The hoarding of minerals begins.
November 2018
  • On the 26th the official sale of INX begins. There will be 4 phases with different types of discounts up to 30%. It will last until January 21st.
December 2018
  • INX will be listed in several exchange platforms and ATMs worldwide.
January 2019
  • Our e-commerce for the sale of gold and silver is launched (launch of the marketing campaign to create awareness for our innovative products).
February 2019
  • Initiation of the refinery and start of the refining of gold with other mines and associations.
April 2019
  • Beginning the assembly of the Bolívar 2 project plant. This is the second plant of InnovaMinex.
April 2019
  • InnovaMinex ATMs: Precious metals commercialization and start-up of the first ATMs selling gold, INX and other cryptocurrencies.
May 2019
  • Opening of the mine entrance for the Vizcaya project and hoarding of minerals.
June 2019
  • The plant at the Guayaquil 1 project starts operation and the construction of the beneficiation plant at the Bolívar 2 project begins, in addition to mineral hoarding.
August 2019
  • The assembly of the beneficiation plant at the Vizcaya project starts. The rehabilitation and construction of the main galleries at the Antioquia 3 project begins.
September 2019
  • Commercialization of our gold and other precious metals, processed by our refinery.
May 2020
  • The extraction and stockpiling of minerals at Minex 7 begins, as well as the construction of the main galleries, extraction and stockpiling of minerals in Minex 12.
June – July 2020
  • The beneficiation plant at Antioquía 3 begins operations, and the construction of the Minex 7 plant starts.
February – September 2021
  • The Minex 7 plant starts operating and the construction of the Minex 12 beneficiation plant commences. The hoarding and construction of the main tunnels of the Tolima project begins.

Team

alt text
alt text
For more detailed informations, visit:
Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143

Comments

Post a Comment

Popular posts from this blog

CARGOCOIN- Revolutionizing Global Trade and Transport by Decentralization

Image
CargoCoin is a smart platform with the objective to create a global market place for trade and transport services supported by smart contracts & crypto payment methods. CargoCoin uses the blockchain to revolutionize the transportation industry by eliminating inefficiencies and creating massive value for businesses in the industry. The CargoCoin platform target extends globally to any trading company or individual, shipping line, freight forwarder, ship broker and other parties involved in the global trade and transport. The Platform has 2 cores i.e. SERVICES and UTILITIES. Maritime transport is the least technologically developed industry. This is the reason behind the decision to start off with this particular sector. The Services are FREE (no monthly or annual fees) and they are designed to create a global marketplace for trade and transport. Wide user base is a prime objective. Businesses that wish to implement the CargoCoin platform into their existing business architectur...
Read more

WORLDOPOLY – The First Augmented Reality Game Based On Blockchain

Image
Worldopoly is a real-time multi-player strategy game that implements blockchain and augmented reality into a world building simulation. It provides an economic incentive as well compelling gameplay through the implementation of its own cryptocurrency WPT. Below are the 3 outstanding characteristics that makes Worldopoly unique in mobile gaming. FEATURES OF WORDOPOLY PLATFORM Real time – real world The player can buy real streets in real cities (underlying technology: Google Maps/openstreetmaps). RTS + AR + Blockchain = endless opportunities Worldopoly is the first mobile game that implements blockchain technology in compelling gameplay, therefore, creating an insightful understanding of blockchain. Augmented reality makes it possible to actually “see” one’s in-game progress    With the introduction of the WPT there is real money to be made playing the game. Risk-free introduction to cryptocurrencies. With the possibility to trade every in-game i...
Read more

VECTORIUM - The Blockchain Powered CryptoEnergy Platform

Image
Every passing day, the world is drowning under the increasing volume of waste, having adverse effects on human health, climate and environment. Systematic and effective waste management has appeared as a severe challenge affecting many developing countries like Nigeria or India. Increased rate of urbanization and population and rapid developments are responsible for the generation of the massive amount of waste. The growing waste generation rates, the issues of finding new disposal sites, depletion of landfill space, waste disposal and management methods are hampering adequate waste management. For efficient results, it is crucial to introduce a modern waste management system to notice a full cycle of waste management, from how they were collected to when and where they were thrown away. Vectorium is a project which intends to tackle the issues associated with the increasing waste generation and improper waste management. The aim of this project by Vectorium is to set out a med...
Read more