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GoldMA (GMA)

ICO

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

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Overview

Project industryMining
Product typeAsset
FoundedZimbabwe
WhitepaperGoldMA White Paper Open

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.

Details

Pre-sales: Jun 07, 2018 - Jul 09, 2018
Public sales: Jul 12, 2018 - Oct 12, 2018
Pre-sale token supply: 186,226,500 GMA
Token supply: 730,300,000 GMA
Soft cap: 12,500 ETH
Hard cap: 175,000 ETH
Raised: 8,142,181 USD

Legal

Blockchain Platform: Waves

Token info

Ticker: GMA
Type: Utility-token
Token price in USD: 1 GMA= 0.13 USD
Accepted currencies: BTC, ETH, LTC, BCH, ZCASH, WAVES
Token distribution:
51% - ICO
25.5% - pre-ICO
20.4% - Early Investors
3.1% - Bounty, Advisors
Funds allocation:
45.2% - Equipment
18.4% - Development
16.6% - Reserves
12.3% - Consulting
4.4% - Gold Buying
3% - Administrative

GoldMA Roadmap

1
Q1 2014

Sunrise 60 Gold Mining Claim is found, registered and licensed by Goldchip. Enviromental Management Plan begins.

2
Q2 2014

Portgieter, Zimbabwean mining veteran, hired as Mine Manager. Camp construction and infrastructure development ensues.

3
Q1 2015

Enviromental Impact Assessment certificate granted for Gold mining and milling. Exploration activities expanded. Viable Alluvial and Reef gold confirmed via Perfomance Labs.

4
Q2 2015

Satellite remote sensing ordered from Geoscientific, LLC; locates multiple gold deposits. Private investors invest 2 millions USD.Earthmoving equipment, ball mill, processing units purchased and installation begins.

5
Q1 2016

Goldchip acquires 5 new mining claims based on successful gols exploration campaign.

6
Q3 2016

The Zimbabwe Investment Authority selected Goldchip as 2nd runner up in the mining sector as among the top mining companies in the country in respect to mining, good governance and overall investment.

7
Q1 2017

The Enviromental Management Agency grants Goldchip it's renewal for the Enviromental Impact Assessment certificate.

8
Q2 2017

Renown mining consulting company - Minxcon completes technical review. Mixcon consulting comes onboard to consult Goldchip regarding gold mining claims and completes technical review.

9
Q3 2017

On the heels of Minxcon's technical review, Goldchip purchases a 450 tons per day processing plant and begins installation.

10
Q4 2017

Goldchip begins developing a whitepaper for integrating its current and future investors unto the blockchain. ICO consulting and plans private crowdfunding and whitelisting for March 26, 2018. In addition, smart contract development begins.

11
Q1 2018

Marketing Campaign and Whitelisting begins for Private Sale. Begins tentative KYC/AML

12
Q2 2018

Pre-ICO/ICO begins. Plants upgrade continue. Commercial Plant to process free gold comes online, lights fornight shift purchased, 2nd shift begins. Carbon in Pulp Plant ordered.

13
Q3 2018

ICO ends. GMA Exchange listing, CIP Plant installation begins. High speed Toll milling equipment researched by Minxcon, Toll Milling equipment bought.

14
Q4 2018

Road development, Camp upgrade, fencing, Toll Milling equipment installation begins, Gold Buying program begins, first royalty payment to GMA tokens holders.

15
Q1 2019

Toll Milling marketing, road development continues, Camp upgrade continues. Third shift mining starts, 2 royalty payment to GMA tokens holders.

16
Q2 2019

Additional Gold mine aquisitions, 3rd royalty payment to GMA tokens holders. Community Health Clinic upgrade pan submitted to goverment for approval, Senior Citizen Food program upgraded.

Project team

Henry Jenkins
Henry Jenkins
CEO and Co-founder
Henry Jenkins linkedin
Daniel Potgieter
Daniel Potgieter
Mine Manager
Daniel Potgieter linkedin
George Rusike
George Rusike
Senior Geoligist
Linda Mnkandla
Linda Mnkandla
Communications Specialist
Linda Mnkandla linkedin
Divyang Chauhan
Divyang Chauhan
Sr. PHP Developer
Divyang Chauhan linkedin
Nyarai Femai
Nyarai Femai
Communications Specialist
Nyarai Femai linkedin
Albert Potgieter
Albert Potgieter
Proccessing Manager
Albert Potgieter linkedin
Rutendo Femai Jenkins
Rutendo Femai Jenkins
Senior communications specialist
Rutendo Femai Jenkins linkedin
Edmore Chikoore
Edmore Chikoore
Communication Specialist
Edmore Chikoore linkedin

Advisors

Uwe Engelmann
Uwe Engelmann
Uwe Engelmann linkedin
Daan van Heerden
Daan van Heerden
Daan van Heerden linkedin
Tawanda A. Chiurayi
Tawanda A. Chiurayi
Tawanda A. Chiurayi linkedin
Ian Scarffe
Ian Scarffe
Ian Scarffe linkedin
Giovanni Lesna Maranetto
Giovanni Lesna Maranetto
Chief Commercial Officer at Hedge/Blocktrade.com , Advisor / Blockchain Strategist
Giovanni Lesna Maranetto linkedin
David Drake
David Drake
David Drake linkedin
Keith Teare
Keith Teare
Keith Teare linkedin

Social media

GoldMA web-siteGoldMA RedditGoldMA MediumGoldMAYouTubeGoldMA TelegramGoldMA InstagramGoldMA LinkedInGoldMA X (Twitter)GoldMA Facebook

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