Goldario "is a consequence of already successful businesses with established infrastructure in Brazil"
INTRODUCTION
After the 2008 financial crisis, the world needed a new economic model in which the authority to control finance was taken from centralized financial institutions and given back to the masses. Satoshi Nakamoto, in 2009, proposed a decentralized financial model, namely, Bitcoin, which allows peer-to-peer exchange of values and resolves the problem of dual spending using evidence of work models and enables public participation with incentives and transactions without trust.As a result, this brought the world to its first creation cryptocurrency ecosystem where users can conduct transactions every day, peer to peer, without having to worry about centralized authority controlling their destiny. The concept of decentralized governance supported by eternity and transparency is a very good achievement of Bitcoin. However, because of its pure dependence on supply and demand, hype and speculation, and taking into account the fact that it has no inherent value, it is very volatile and vulnerable to market manipulation. Goldario, a US ESC Management project - a public limited company in Estonia, works as a modern-day Intelligent Electronic Contract management entity that changes the entire environmental cycle for precious metals, stones and jewelery, right from the initial stages namely, mining for manufacturing and retail sales, and the steps in between. It utilizes the power of blockchain, cryptography, and tokenization, enabling people to become part of the ecosystem where they can acquire and own.
Redefining the ecocycle for precious metals, stones and jewellery by utilizing the power of blockchain and cryptography.Goldario is the world’s first platform that strives to revolutionize the eco-cycle of mining of precious metals (gold), stones (emeralds), jewellery manufacturing and retail business. This financial instrument is a digitized share in gold and emerald mines and in-house jewellery production for the world market. Goldario is a consequence of already successful businesses with established infrastructure in Brazil.To expand the operations across the globe we have devised a concrete plan and an ambitious roadmap set, which we hope to achieve with the collaboration of global investors. A summarized introduction of base businesses is as follows. Goldario aims to harness the power of innovative blockchain technology and will replace the entire eco-cycle: right from mining ore to finished retail products, and the steps in between. By using blockchain, cryptography, and smart contracts, it strives to add trust among the transacting parties by enabling transactions to be carried out on the transparent distributed ledger. Moreover, by integrating sophisticated technologies such as AI, Machine Learning, Augmented Reality, Geo-Location Tracking, Blockchain, and Smart Contracts, Goldario offers a financial instrument that has no analogs to date in the traditional financial world.
Our Vision
We envision to revolutionize the entire eco-cyle of the jewellery industry by utilizing emerging technologies i.e. blockchain, cryptography, smart contracts, AI and Fintech. We aim to create an ecosystem whereby we make it easy for individuals — whether typical consumers or institutional investors — to invest in businesses which are backed by the complete ecosystem of precious metals, stones and jewellery manufacturing & retail business, while also taking care of security, auditability and liquidity.
Our Mission
Goldario aims to be the world’s leading platform of choice for consumers and businesses dealing in the jewellery industry. It strives to allow users to obtain and have entitlement over physical mines, jewellery production factories and jewellery retail businesses from across the world, and in doing so, create potential underlying assets backing to Goldario (GLD) Token. GLD Token is an ERC-20 token that is deployed on the Ethereum blockchain network and serves as a truly democratic, decentralized, community-governed digital-asset backed by underlying business covering entire eco-cycle of precious metal, precious stones and their retail business. The stability and underlying value of precious metals and the revenue proposition in the eco-cycle of these businesses make GLD Token a potential financial instrument that has the capacity to grow over time while also rewarding its holders with periodic dividends (rewards). Moreover, as GLD Token acts as a utility token, it will be listed on top-tier crypto-exchanges whereby it can be traded in several crypto markets, thus ensuring seamless liquidity and conversion. GLD Token will provide its holders — whether individuals with lower investment minimums, high net-worth individuals, and organizations — with a powerful decentralized tool of exchanging value. Moreover, it will create a complete ecosystem for precious metals and stones i.e., their mining operations, jewellery manufacturing.
STANDOUT FEATURES
Liquidity and Accessibility
With trustful exchange of digital assets, Goldario provide users with the opportunity to easily liquidate, access and exchange precious commodities i.e. precious metals and stones through GLD Token, which is exchangeable in a crypto trading exchange and can also be used for peer to peer exchange of value. Built as an ERC-20 token on the Ethereum blockchain, GLD Token can easily be moved or traded anywhere in the world, 24/7.
Lower Investment Limits
Unlike traditional startups or early-stage companies, where entry for a person with low investment is almost impossible, Goldario through tokenization of commodities and its business models offers lower investment minimums.
Trusted and RegulatedGoldario is regulated by the Estonia Financial Supervision Authority (EFSA) and its parent company i.e. ESC Management AS is a publicly listed company in Estonia.
Potential Underlying Business
Goldario deals in a potential business having expected market valuation of over 480 USD Billion by next 5 years. This way, the native token i.e. GLD Token will capture revenue from the under underlying business activities, helping record growth of value.
Data transparency
Traceability and transparency is significant when it comes to various steps involved in the precious metal supply chain. ESC Management AS keeps track of the progress of the companies in which they invest.
Passive Income
Get periodic dividends on holding your assets through pre-defined trustful smart contracts. All revenue and profit distribution is monitored and audited by third-party evaluators and auditors, ensuring that token holders get the best returns on their investments.
HOW IT WORKS?
John recommends the GLD Token sale too one of his friend i.e. Tom who decides to purchase tokens Worth of one hundred Thousand US dollars. As a referral commission, he is rewarded a certain percentage of tokens from the amount purchased by his friend/referral.Now, the same referral i.e. Tom further refer another friend e.g. Emma, who make an investment/purchase of 5000 USD worth of GLD Tokens. In return, while Emma’s purchase would make Tom eligible for the reward, a certain percentage of reward will also be issued to John, being the main referral.
TOKEN SALE
It is true that Goldario is not a traditional startup as it has already acquired shares in Emerald and gold mines, ownership of a gold manufacturing and polishing factory and has a dedicated team committed for it. However, in order to execute the Goldario ecosystem as per the roadmap, and to incentivize community participation within the ecosystem, Goldario will offer an initial coin offering or a crowd-sale for public participation.
PRIVATE ROUND
The first phase i.e. Private round would be reserved for selected individual traders, institutional investors, venture capitalists, HNIs, and organizations dealing in precious metal and stones industry. A specific bonus reward mechanism would be adopted during this
round, details of which would be shared on the website i.e. https://goldario.com
MAIN IEO SALE
During this phase, the Goldario management would provide users/investors with the main public round sale i.e. crowd-sale which will be conducted on a certain initial exchange offering launchpad or offered directly through the CRM Software. The token sale activity
would be followed with an immediate exchange of Goldario Token from their contribution.
CROWD SALE INFORMATION
- Start of Token Crowd sale: Date 01-07-2020
- Duration: 180 days
- Token symbol: GLD
- Token standard: ERC-20 (For Token Sale)
- Soft cap: 300 million USD
- Hard cap: 1 Billion USD Total token supply: 1,000,000,000
- Token price: 1.00 USD per token
- Bonus allocation: 30%
TOKENOMICS
Token economics proposal — GOLDARIO (Token ICO price : 1.00 USD per token )The presale will take place using a smart contract and an ether address that will be sent with instructions by email and may or may not be on a web page. The presale is limited to 100 million tokens. The token sale will offer 300,000,000 tokens to the public as a soft cap. They will be sold using a smart contract until all 300 million have been sold, in 4 months, whichever comes first. The price will be set in ether/usdt. Buyers will receive ERC20 tokens at the conclusion of the sale/or immediately during the IEO. The minimum raise for presale and sale combined will be around $300 million, set ahead of the sale and priced in ether (approximately 03 million tokens). The target is roughly $1 billion has a hard cap for this project.
- The marketing effort will receive 90 million tokens, or 30 percent. This is to pay all the people and companies who have worked so hard to create and manage the token sale. 1 percent of these tokens will be tradable immediately — they are bounty and contest rewards. The other two percent will be locked up for 3 months after the sale ends.
ROAD MAP
Goldario has its established infrastructure already in Brazil with the name of G44 SA (CNPJ:28.839.840/0001–61) and whereby it owns Emerald Mines (G44 Mineração (CNPJ:31.975.883/0001–89) Gemstones Cutting and Polishing Factory, jewellery Manufacturing Factory, jewellery Retail Business VERT VIVANT (CNPJ:34.461.941/0001–44) and HJOMAA E G44 Mineração (CNPJ:30.033.381/0001–76) shares in a gold mine with a lot of reserves. Inoex.Exchnage (Crypto Trading/Crypto Exchange) (CNPJ:31.548.911/0001–81), To develop the required infrastructure and to expand our operations across the globe, we have devised a concrete plan and an ambitious roadmap set, which is given below.
For more information about this project see the link below:
WEBSITE: https://www.goldario.com/
WHITEPAPER: http://goldario.com/goldario-white-paper.pdf
FACEBOOK: https://web.facebook.com/goldario.token/
TWITTER: https://twitter.com/GoldarioToken/
TELEGRAM: https://t.me/GoldarioOfficial
YOUTUBE: https://www.youtube.com/channel/UCAQofp1GK7_A_3jDY82KzKg/videos
Author : Chaniagho
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2701563
Telegram Username: @Chani_agho
ETH : 0xe1C7D86C5b61819716c266FC51127c95F49998bC