What is Goldenugget?
lani123lani
Our history tells of family businesses that study industry with years of experience in heavy manufacturing — ceramic production — and our knowledge will now be incorporated into the design and production of new environmentally friendly ways of extracting precious metals from the soil. The gold to be mined, can only be purchased through our GNTO Token on the Goldenugget platform, will be mined on our property in West Africa where we have been present for more than 10 years. That is a big difference between us and 99% of “Gold approved” projects on the Blockchain.
Afro Splendid Minerals Co. Ltd., is a registered company in Ghana that is 100% owned by the founder of GoldeNugget, 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 passionate about the growth and development of this great continent that has many things to offer. Our goal is to help drive this growth and drive Africa forward by working as well as possible in our sustainable mining projects.
GoldeNugget is a reality, with more than 3,000,000.00 Euros invested in West Africa for the earth moving machine for the gold industry. Where you can really feel the dust, noise, and smell of business. Where people really have goals, where people really see the actual results in their hands at the end of the day. Just call it the “Old Economy”, but this business used to be the actual money value, the same money that currently still allows you to buy bread. So why not unite old but dirty businesses with new innovative industries like Crypto in Switzerland where buyers can rely on predictable legal frameworks.
Be part of the Crypto revolution and buy Goldenugget Tokens now!
Below you will find two helpful step-by-step guides on how to register for KYC procedures and how to open your personal trading wallet and buy GNTO.
Click here to Add and configure the GNTO in your Metamask wallet.
How to do KYC procedures
How to use EidooDEX
Mission
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 the use of new environmentally friendly non-toxic chemicals, and become 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.
How does it work?
GNTO IN BLOCKCHAIN ETHEREUM
GNTO is a token that is compatible with ERC20 owned by GoldeNugget registered on the Ethereum main network, printed in 30,000,000 units with 18 decimal places, and will be used by buyers to buy Gold at “outlet” prices, or on our Reverse Auction website or Dutch Auction .
The Goldenget Blockchain is a publicly licensed blockchain that is compatible with EVM (Ethereum Virtual Machine) with the Evidence Authority Consensus Algorithm.
Blocks are verified every 30 seconds.
The Blockchain Goldenugget stores and tracks all operations ranging from making Gold to shipping purchases and the Reverse Auctions website, tracking items to be sold, making it redeemable at any time.
IEO (Initial Exchange Offer):
On the market today, given the extraordinary proportions and percentages of the failed Crypto project and where buyers find it difficult if it is not possible to participate in projects that have a real future, we have decided to approach our “crowdfunding strategy” completely different from the others. While most Crypto projects in the high majority failed or did not even start. GOLDENUGGET will revolutionize the market by redesigning the concept of ICO, STO or crowdfunding.
IEO stands for Initial Exchange Offer.
We are not a Cryptocurrency Exchange, but we are exchanging Tokens issued with our artificial Gold through various simple exchange mechanisms or Dutch auctions. To participate in our Crowdfunding, we have chosen to apply KYC and AML procedures and to sell our Tokens on the Swiss-based Eidoo Exchange platform so buyers understand the difference between a real and sustainable project versus the possibility of fraud. This allows us to transmit all steps that may be safe and protected in terms of project trust and clarity.
In connection with running a gold brokerage activity, and before conducting a gold transaction, GoldeNugget will be affiliated with an SRO organization.
GoldeNugget IEO (Initial Exchange Offering) will begin in May 2019 and will run for 4 months or until the hard stamp is reached.
The main problem
Mining environmental responsiveness
Mining is the extraction of minerals and other geological materials of economic value from deposits on earth. Mining has the potential to have very bad effects on the environment including loss of biodiversity, erosion, contamination of surface water, groundwater and soil. In addition to environmental damage, mining can also affect the health of surrounding populations as a result of contamination caused by chemical leaks.
In Ghana, where the government is seriously controlling and implementing safety and pollution laws, mining companies are expected to adhere to the rehabilitation and environmental codes, ensuring that the mined area is eventually converted back to its original form, or at least that much is possible. Different types of mining methods can have significant public and environmental health impacts. Open tailings erosion, mine drainage, hillside and sediments generated from rivers, drainage, and rivers can affect neighboring areas.
Mining operations have environmental responsibilities including soil, water and air protection.
(For more information, read our White Book.)
The Crypto “Jungle”
Blockchain was created 10 years ago with Bitcoin. Today, 10 years later, we are in a real Crypto Jungle situation: ICOs Vs STOs or ITOs, Utility Vs. Security tokens, TOKEN Vs COIN, FIAT, CRYPTO, STABLE COIN etc … All of this looks like a forest that is dangerous for most people, and especially for all people who are curious and may even be ready to invest some money, afraid of possible fluctuations, uncertainty, failure or even fraud.
The current crypto market is very different from just a few months ago. After evolving, Goldenugget will enable buyers to buy Gold from its platform. Collection of KYC information, GDPR User Privacy Policy, user sensitive data protection, length and restrictions on receiving currency FIAT (bank compliance) is the new limit for blockchain protection and every project that revolves around it . Many jurisdictions, including Switzerland, have taken steps to regulate this phenomenon through legislative, regulatory or judicial actions.
Time of realization is another problem: usually issuing TOKENS and services related to mid-time timescales, causing speculative bubbles that are very frequent, forcing them to sell below costs and release investment.
Utility, security or Stable Tokens?
Let’s try to clear up some confusion for everyone who is interested in buying our tokens
Utility Tokens
Utility tokens: Utility tokens are intended to provide digital access to applications or services through blockchain-based infrastructure. (Source: FINMA)
Security Token
Securities are financial assets that can be traded such as bonds, options, shares (shares), or warrants. Taking stock samples, you might understand that it is a way to have a part in the company without taking it. When this condition is met through cryptographic tokens, we can certainly talk about Security Tokens.
Stable Token
Stable Token refers to a new type of cryptocurrency. Offering price stability, they are supported by assets. In recent times, stable tokens have gained considerable interest, their efforts are to offer the best of both worlds, instant processing, cryptocurrency payment security, and to avoid evaluating cryptocurrency volatility.
We, at Goldenugget, make choices that can become a new standard to guarantee investors, project life, company growth and the future value of all crypto assets and currencies.
Solution 1 | Clean & Environmentally Friendly Mining
Gold mining uses innovative systems to reduce the ecological impact on soil, air, vegetation, water and fauna in our CIL plant! Let’s explain our mining process and explain why it is environmentally friendly and sustainable:
1. A thickener is used to maintain a constant percentage of solids using 20% less water.
2. Therefore the Leaching process is reduced by 20%, which leads us to leaching time in 8–13 hours by the fact of reducing power consumption by up to 20%.
3. No cyanide poisons added. We will use new chemicals that are non-toxic and completely replace Cyanide by eliminating all possible risks. This step is an environmentally friendly mining milestone.
4. Land Reclamation. The Ghana government emphasizes the importance of reclaiming mined land.
5. Reclaim mine land with PALM OIL TREES that will be able to produce Palm Oil, mostly consumed by local residents.
6. Solar Energy. 100% of factory needs and fully green and do not consume government resources.
7. Benefits for local residents. Employ local residents, drill and bring water and supply electricity from our Solar farm to those in need.
8. The main concern of the Ghanaian Government is placed on our workers, There are no child laborers, Fair salaries, No gender differences are our guidelines.
Solution 2 | Cryptography Project
We, at the Goldenugget, are convinced that the more clearly the better. We tried from the beginning to use words that could be understood by everyone, who were interested in knowing more about our project. How many projects have you seen, become, in the end, more confused than before?
Gold will all be smelted and sent to Switzerland, precisely in the Chiasso region which is still considered the Golden Valley because of the existence of large Gold refining companies such as Valcambi, Argor, Pamp, and others. Here, Gold will be refined into different weights so that buyers will be able to buy or participate in the Dutch auction for the desired amount.
We will depend on the Blockchain Ethereum for our Tokens and will use our ERC20-based Blockchain to track and certify all our actions and progress from manufacture to delivery to the final buyer or winner of the Dutch auction.
In addition, because we are Gold miners and producers, we think of new and interesting ways to provide opportunities for our clients to buy real physical gold through the Dutch Auction system.
Information Token
Name: Golde Nugget Tokens
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
Exchange 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
ROADMAP
Building a great project requires a lot of dedication, hard work, and an extraordinary number of organizations. Goldenugget 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 the final success.
April 2011
West Africa Afro Splendid Minerals Co. Ltd starts with an investment of more than 3,000,000.00
2018 January
the decision to invest in projects approved by Blockchain
Maybe
Start Projects — Workshops for strategic decisions
Project Launched in June — Blockchain Development begins
in June — definition of name and logo
July — Development of the project website begins
September — prototype for developing Smart Contract + Accident Test
2019
Completion of the January Blockchain +
March Accident Test
Finish White Paper -Token Completion
Hopefully
IEO LAUNCHES
September SRO Affiliates
Gold Sales Starting September
September — Dutch Auction Begins
December — Ghana mining operations begin Phase 1. Gravity mining begins Phase 1. Gravity
2020 March
The Ghana mining operation begins Phase 2. Carbon Washing
Social Media
Website: https://www.goldenugget.ch/
Facebook: https://www.facebook.com/Goldenuggetproject/
Twitter: https://twitter.com/GoldeNuggetCH
Telegram: https://t.me/GoldeNugget_token
Username: lani123lani
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1220105
Address ETH: 0xaeC6B59a69a13FBea61AC87b27Cc50d8F594F923