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.