GoldMA (GMA)

Gold Mining Asset (GMA) – digitizing gold assets: Africa’s crypto-based gold royalty token.

Whitepaper

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What is GoldMA

 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.

For centuries, investors have used gold as a store of value and a hedge against inflation and market volatility. Today, leading economies such as China and India have begun an aggressive program of active acquisition of gold. In addition, gold as a precious metal, has a very wide range of applications. Among other applications, gold is used in the production of smartphones, microprocessors, and manufacturing of memory chips in computers. Gold has become more favored for medical care and aerospace technology industry applications. Its resistance to being alloyed with other metals and near indestructible nature; makes it the perfect precious metal.

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. Our very limited exploration activities have yielded over $275,000 of gold sales. Our technical reports, conducted by Minxcon estimate a gold reserve of approximately $6.2 billion dollars (USD).

By leveraging the blockchain technology, we are unleashing the full potential of gold mining for investors all over the world, and opening up the industry to smaller investors.

More so, GMA will introduce a greater level of transparency, eliminate monotonous and time-consuming procedure, reduce the level of required paperwork, and completely eliminate discrimination against small investors. GMA is based on the Waves blockchain platform and will utilise Waves features and strengths to create a platform comprised of developers and investors who will take the gold mining industry to the next level.

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.

The volatility of crypto currency will be tempered by its linking to the gold market value, but the GMA token value has so much greater potential to increase in value as our mining operations come into force due to the investment through the GMA token being directly invested into greater production value in Goldchip Investments mining and processing operations. Mining is a volume business, the more we can scale the more profit there will be.