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Thursday, May 23, 2019

GOLDENUGGET - Gold Auction Platform of the Future


Hello everyone, this new post that I want to introduce about a very interesting and good project, this project is called Goldenugget! Which later all the gold to be mined can only be purchased through our GNTO Token on the Goldenugget platform. Now for more details, let's follow all my notes below.

About the Goldenugget Project.

Afro Splendid Minerals Co. Ltd., is a registered company in Ghana which is 100% owned by the founder of Goldeuger, and was founded in 2011 as a mining machinery and land transfer company.

Africa is one of the fastest growing markets in the world. We are excited about a great continent that has so many things to offer. Our goal is to help drive this growth and drive in African countries by working as well as possible in our sustainable mining projects.

The Goldenugget Project is a combination of the Decentralized Blockchain Technology and the most antique, reliable, increasing, and stable asset, namely Gold! The Goldenugget project is the first Crypto platform that allows Token holders (GNTO) to buy or auction Dutch Mined Gold.

The Goldenugget project is a challenge, with more than 3,000,000.00 Euros informed in West Africa for the earth moving machine for the gold industry. Where you can really feel the dust, busyness and smell of business, and where people really will have a goal, where people really see the actual results in their hands at the end of the day.

Call it the "Old Economy", but this business used to be actual money value, the same money that currently still allows you to buy bread. So, it does not unite old but dirty businesses with new innovative industries like Crypto in Switzerland where buyers can rely on predictable laws.

The mission of the Goldenugget project.

Our mission is to create a Gold purchasing platform. The Goldenugget platform allows buyers of GNTO Tokens the possibility to buy Gold directly or to participate in Dutch Auctions which will give them an interesting opportunity to get Gold at a favorable price.

Vision

To be the most influential innovator in the field of land mining on the planet, that is our goal. As you know, land mining is not an ecological industry, we, at Goldenugget, want to revolutionize this industry. From using new environmentally friendly non-toxic chemicals, and becoming the most environmentally friendly miners on earth, respect our neighbors and work with them to create and build infrastructure and services so that after the project is finished they will have something to prosper.

Procedures for working on the Goldenugget Project.

GNTO on Blockchain Ethereum Technology. GNTO is a token compatible with Goldenugget's ERC20 registered on the Ethereum main network, printed in 30,000,000 units with 18 decimal places, and will be used to buy gold at "outlet" prices, or on our Reverse Auction website or Dutch Auction.

Goldenugget Blockchain is EVM, (Ethereum Virtual Machine) that is compatible with publicly licensed Blockchain with Proof of Authority Consensus Algorithm.

Blocks Verified every 30 seconds.

The Blockchain Goldenugget stores and tracks all operations from the Gold manufacturing website, the Reverse Auctions website, the paper tracking items to be sold, making it redeemable at any time.

Goldenugget Project Token.

  • Token Name : Golde Nugget Token.
  • Token Symbol : GNTO.
  • Total GNTO : 30,000,000 GNTO.
  • Available for IEO, (Hard Cap) : 19,500,000 GNTO.
  • Emission Level : New tokens will not be emitted.
  • Effect Token : Will not be released on the market for a period of 12 months.
  • Amount Released : Tokens that have been exchanged for Gold on the Goldenugget platform will be released on the market through exchange at market prices.
  • Conversion rate : 1 GNTO = 1 USD $ or ETH equivalent.
IEO

IEO EVENT


Exchange Rates during IEO Event
Week 1 & 2 1 GNTO = 0.75$
Week 3 & 4 1 GNTO = 0.79$
Week 5 & 6 1 GNTO = 0.83$
Week 7 & 8 1 GNTO = 0.87$
Week 9 & 10 1 GNTO = 0.91$
Week 11 - 16 1 GNTO = 0.95$




Week 1 and 2. All the transaction occurring within this period will have the right to a 25% discount

Week 3 and 4. All the transaction occurring within this period will have the right to a 21% discount
Week 5 and 6. All the transaction occurring within this period will have the right to a 17% discount
Week 7 and 8. All the transaction occurring within this period will have the right to a 13% discount
Week 9 and 10. All the transaction occurring within this period will have the right to a 9% discount
Week 11 - 16. All the transaction occurring within this period will have the right to a 5% discount

Minimum transaction amount 0,8 ETH
Soft Cap 2,000,000 GNTO
Hard Cap 19,500,000 GNTO



Roadmap

Building a great project requires a lot of dedication, hard work and an extraordinary number of organizations. The Goldenugget project has been on our minds for a long time and still, we have extraordinary plans for the future. Each milestone has been considered the best execution and every step we will take will be closer to final success.

This is our journey. Become a part of it!

2011, April = West Africa Afro Splendid Minerals Co. Ltd starts with more than 3,000,000.00 Investment.

2018.
  • January = The decision to invest in the Blockchain project is approved.
  • May = Project Start - Workshop for strategic decisions.
  • June Project Launch - Blockchain Development begins.
  • Juni = Definition of name and logo.
  • July = Project website development begins.
  • September = Development of Smart Contract prototype + Crash Tests.
2019
  • January Blockchain Completion + Accident Test.
  • March = White Paper finishes -Token Completion.
  • Hopefully.
  • IEO LAUNCH.
  • September SRO Affiliate.
  • September Gold Sales Start.
  • September = Dutch Auction Starts.
  • December = Ghana mining operations begin Phase 1. Gravity
2020

March = Ghana mining operation begins Phase 2. Carbon Washing.

Conclusion
  1. Goldenugget is a transparent and eco friendly project which gives purchasers the opportunity to be part of the first and most innovative physical gold mining project.
  2. Every purchaser to exchange the GNTO with its value in physical gold gives value to the project, and mainly gives the possibility to the purchaser to get physical gold, extracted in our gold mines.



To find more relevant details please follow several sources for the following references:



Username Bitcointalk: bitcampaign
Wallet ETH: 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

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