ORET

Gold Mining
Overview
Boom score:
High
Risk score:
Medium
Description:

Gold Mining and Blockchain Technology

Founded:
Paraguay, November, 2017
Social:
Project description
ICO Details
TECH
Documents
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Our goal is to create a cryptocurrency that will be entirely backed by a company dedicated to the extraction of precious minerals such as gold.

The company, Paraguay Mineral Mining S.A. (PMMSA) will distribute 45% of the net profits to all ORET Token holders. This distribution will be done on a weekly basis.

As a result of the geological exploration of the area, our experts have calculated that the average gold mineralization is 7.5 g of 999 alloys of Gold per ton of ore. The calculations show that our projected plant will give a net profit of 2,517,500 USD per month of which 1,132,875 USD which will be equally distributed among the 12,500,000 ORET tokens. That is equivalent to 0.09 UDS per ORET per month.

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ICO Date:
01.11.2018 — 31.01.2019
Accepts:
BTC, ETH, LTC
Technical details:
Soft cap: 2,500,000 / Hard cap: 6,000,00

KYC - Yes
MVP - No
Airdrop program - No

Bounty: https://bitcointalk.org/index.php?topic=5078484

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