For the precious metals mining industry, which has been fighting illegal mining methods for many years, the use of blockchain could be a turning point. The blockchain technology will help make the gold mining process itself more transparent and accessible to the general public. The main purpose of blockchain here is to help to stop illegal, hidden and unregulated looting, as well as, human rights violations. The use of blockchain will increase transparency and ensure complete traceability of metals.
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We would like to tell you more about InnovaMinex project and bring you closer to it
What is InnovaMinex
InnovaMinex is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs. InnovaMinex will give buyers the opportunity to verify the origin of the metal that they acquire. Buyers will be able to obtain assurances that the extraction of metal is legal, that the environment has been protected, and that transactions can not be used for money laundering. All are registered and the whole community has access to them. Our ultimate goal is to get the best possible price for our clients and for our community, with emphasis being placed on the transparency and safety of all transactions conducted.
It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs.
This will allow buyers to verify the origin of the metal they have acquired, insuring that the extraction is legal, that the environment has been protected at all times, or that it cannot be used for money laundering, since all transactions are registered and the whole community has access to them.
Our ultimate goal is making gold and other precious metals more accessible to all the people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.
What makes InnovaMinex different from other projects?
- Blockchain technology - We use only the best and most advanced technologies that allow us to provide complete information about the origin of precious metals from the stage of their extraction to the moment of commercialization.
- Safety and reliability - Users can be confident that all transactions will be protected by the system itself, without the need to contact third parties.
- High speed - As a rule, the implementation of interbank transactions takes from one to several days. INX works 24 hours and reduces transaction time to a few minutes.
- Transparency and stability - All transactions in the INX cryptocurrency are immutable and publicly available to the entire community. They cannot be edited or deleted.
- Quality tracking - The certification carried out using the blockchain technology will be complete, consistent, accurate and publicly available.
- New Market - InnovaMinex is the safest and most cost-effective option for acquiring gold and other precious metals.
- Own token - Our unique INX cryptocurrency will occupy the first place in the mining and precious metals mining industries.
Being part of the INX community is not only interesting, but also beneficial!
Why?
- First of all people who buy our gold and precious metals products using INX tokens will receive significant discounts — they will have up to 25% discount from the market price.
Since the demand for gold is growing year after year, we are confident that the demand for INX will also grow, even among those who are not interested in cryptocurrencies per se, but are interested in gold (by buying INX tokens they can save!). - We have already said that token holders who keep their INX without activity for 3 months, will qualify to be part of the group that will enjoy 25% of the quarterly benefits that the company allocates to the Loyalty Program. The members of this select “INX Club” will have at their disposal important discount vouchers, business trainings, leisure offers, etc. All this will only be redeemable on our e-commerce platform. This approach will incentivize the storage of INX tokens, and will reduce the number of those users who want to sell them
Just to sum up: there are strong reasons to think that 1) the demand for tokens will increase (cheaper price for gold with INX), and 2) the supply of tokens will decrease (the amount of them in circulation decreases because the INX holders receive a very attractive incentive every 3 months). Therefore the value of INX would increase.
If the demand is significantly lower than the supply then the price falls. In this case, the 25% of the company’s quarterly benefits will be distributed among a smaller number of participants, only those who have been holding the tokens in the cold wallet.
Thus, we create the first cryptocurrency which remains profitable even when the price drops, because the loyal users in the INX community will collect more discount vouchers to redeem in our e-commerce platform.
Learn more about the InnovaMinex project here: https://innovaminex.com!
ICO Review - https://icobench.com/ico/innovaminex
Author
rudin_x666
https://bitcointalk.org/index.php?action=profile;u=1219485
0xD4e266ef79A7Bf0c89335d62AA1116914f9E0CD5
