Goldma (GMA) ICO review
Goldchip Investments, a gold mining and mineral processing corporation, introduces GMA (Goldchip Mining Asset) a new cryptocurrency backed by the profits of our operational gold mine and based on the Waves blockchain platform. GMA provides investors all over the globe the opportunity to invest in the gold mining sector. Goldma project aims to: Decentralise the opportunity to invest in multi-million dollar gold mining projects; Enable anyone to inexpensively and securely transfer value anytime, anywhere; Store value in an asset backed cryptocurrency; Allow companies and investors a means of receiving and remitting investment/royalties/dividends anywhere, anytime without the barriers of cash; provide a means of GMA token holders to earn royalties on their investment into our gold mining company. By acquiring GMA tokens, the holder is entitled to 5% net profit royalties from our Gold mining production in Zimbabwe, which is represented by GMA tokens.
Goldchip offers the GMA token. Unlike traditionally investing in gold on the stock market where the market forces of supply and demand are the sole determining factors of the value of your shares as they compare to other commodities. The GMA token value will mirror the generated net profit of the mining company over time as an option available to anyone globally to invest into the exploitation of the gold deposits by completely cutting out the cost of the middlemen, formal barriers, technical obstacles, and personal disclosure. In other words, GMA will exploit the merit of the smart contract, blockchain technology and cryptocurrency, to automatically distribute profits to all users directly.
Goldchip’s application of the Waves blockchain platform:
- To facilitate the purchase of GMA tokens
- Allow owners the ability to make trades on various cryptocurrency exchange platforms
- Allow the collection of profits related to their actions.
- To allow GMA token holders to receive a quarterly 5% share of net profits represented by GMA tokens from the gold mining production when such profits are due. Equivalent to 20% per annum profit sharing in a mine with estimated reserves of over $6.2 billion USD.
- To empower future and prospective developers who have the aim of launching and realizing their gold mining projects under the expertise of our team and features of our platform.