GOLDENUGGET

The Earth's Driving Machine for the Gold Industry in West Africa

What is Goldenugget?

GoldeNugget is an existing reality, with over 3,000,000.00 Euro’s already invested in West Africa for earth moving machines for the gold industry. Where you can really feel the dust, the noise, and the smell of business. Where people really have an objective, where people really see actual results in their hands at the end of the day. Call it “Old Economy”, however this business was once the actual value of money, the same money that still today allows you to purchase bread. So why not unite an old dirty but real business with new innovative industry such as Crypto in Switzerland where purchaser can rely on a predictable legal framework.

Mission

Our mission is to create a Gold purchasing platform. The Goldenugget platform allows the GNTO Token purchasers the possibility to purchase Gold directly or to participate at Dutch Auctions which will give them the interesting chance to acquire Gold at a favorable price.

Vision

To become the most influential innovator in the field of ground mining on the planet, that’s what we aim to be. As you know, ground mining is not an ecological industry, we, at GOLDENUGGET want to revolutionize the industry. From the use of new eco-friendly non-toxic chemicals, and become the most environmentally-friendly miners on the earth, respecting our neighbors and working with them to create and build infrastructure and services so that once the project is finished they will have something to prosper on.

How does it work?

THE GNTO ON THE ETHEREUM BLOCKCHAIN

GNTO is GoldeNugget’s ERC20 compatible token registered on the Ethereum main net, minted in 30.000.000 units with 18 decimals, and will be used by purchasers to purchase Gold at “outlet” prices, or on our Reverse Auction website or Dutch Auction.

The Goldenugget Blockchain is a EVM (Ethereum Virtual Machine) compatible public licensed blockchain with Proof of Authority Consensus Algorithm.

The blocks are verified every 30 seconds.

The Goldenugget Blockchain stores and tracks all the operations from Gold manufacturing to delivery of the purchases and of the Reverse Auctions website, the tracking papers of the items for sale, making them redeemable at any time.

Token Details

Token Name: GoldeNugget Token
Token Symbol: GNTO
Total GNTO amount: 30,000,000 GNTO
Available for IEO (Hard Cap): 19,500,000 GNTO
Emission Rate: New Tokens will not be emitted
Exchanged Tokens:
Will not be released on the market for a period of 12 months
Released Quantity: Tokens that have been exchanged to Gold on Goldenugget’s platform will be released in the market through exchanges at market price.
Conversion Rate: 1 GNTO = 1 USD$ or ETH equivalent

Roadmap

To build a great project it is necessary a lot of dedication, hard work and an extraordinary amount of organization. Goldenugget has been on our mind since long time and still, we have amazing plans for the future. Every milestone has been deeply thought for the best execution possible and every step we will take will bring us a little closer to the final success.

This is our journey. Be part of it!

2011 April
West African Afro Splendid Minerals Co. Ltd starts with over 3,000,000.00 € Investments

2018 January
Decision to invest into a Blockchain project is approved
May - Project Start - Workshop for strategic decision
June - Project launch - Blockchain development starts
June - Definition of name and logo
July - Project Website development start
September - Smart Contract prototypes development + Crash Tests

2019 January
Blockchain completion + Crash Tests
March - White Paper completion -Token Completion
May - IEO LAUNCH
September - SRO Affiliation
September - Gold Sales Start
September - Dutch Auction Start
December - Ghana mining operations start 1st Phase. Gravity

2020 March
Ghana mining operations start 2st Phase. Carbon In Leach

For More Information Click Link Bellow:

WEBSITE: https://www.goldenugget.ch/
WHITEPAPER: https://cdn2.hubspot.net/hubfs/5603921/Whitepaper%20Goldenugget.1.1.pdf
FACEBOOK: https://www.facebook.com/Goldenuggetproject/
TWITTER: https://twitter.com/GoldeNuggetCH
TELEGRAM: https://t.me/GoldeNugget_token

Author: KHAN SHIQ QHEIL

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289