Gravel Coin (GRV) ICO

updated 10 May 2019

Global Gravel Mining

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Status: ongoing
Public sale: 30 May`19-31 Dec`19
Cap: 7 000 000 USD
Goal: 7 000 000 USD
Price: 1 GRV = 0.08 USD
Blockchain: Ethereum
Offering type: Utility
Country: Brazil
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GRAVEL COIN is a global project for the tokenisation of gravel and the management of its supply chain comprising mineral prospecting, geological survey, stone extraction, stone crushing and its commercialisation. It is designed to be our first token in a cryptoasset ecosystem for the mining industry. The project started with the Invitation Letter on behalf of Paulo Carneiro (GRV CEO) issued by the Government of Guinea (Conakry). He has a background in the mining sector, and he is the founder and partner of Craton-Roche Recursos Minerais, a Brazilian mining company with large experience in mineral prospecting, geological survey, mining and mineral processing. This plan aims to apply solutions supported by the Blockchain technology, and issuing the GRV token pegged to the mineral product. Currently, there are opportunities in Brazil, Guinea, and possibly in Bolivia. In Brazil the project has access to “shovel ready” stone sites. In Guinea, a new company will be registered, the government will grant a licence for stone extraction, and the stone extraction and a crushing plant will be set up. The business model seeks large scale projects with high demand for gravel combined with continuous daily purchase.