Goldenugget

3 min readJun 24, 2019

Goldenugget is a combination of decentralized blockchain technology and the oldest, most reliable, expanded, and stable assets, namely Gold. Goldenugget is the first Crypto platform that allows token holders (GNTO) to buy or sell Dutch Mined Gold.

Afro Splendid Minerals Co. Ltd., is a registered company in Ghana, which is 100% owned by the founder of GoldeNugget and was established in 2011 as a mining and land transfer company.

Africa is one of the fastest growing markets in the world. We are passionate about the growth and development of this great continent that has many things to offer. Our goal is to help this growth and advance Africa, work as well as possible in our sustainable mining projects.

GoldeNugget is a reality; in West Africa more than 3,000,000.00 Euros have been invested in land transfer machines for the gold industry. Where you can really feel the dust, noise and smell of business. Where people really have goals, where people really see the actual results in their hands at the end of the day. Just say “Old Economy,” but this business was once a real cash value, the same money that now allows you to buy bread. So why not combine old business, but dirty with new innovative industries, like Crypto in Switzerland, where buyers can rely on a predictable legal framework.

Be part of the Crypto revolution and buy Goldenugget tokens now!

Our mission is to create a platform to buy gold. The Goldenugget platform gives buyers the GNTO Tokens the opportunity to directly buy gold or participate in Dutch auctions, which will give them attractive opportunities to get gold at cheap prices.

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Being the most influential innovator in mining on the planet is our goal. As you know, mining is not an ecological industry, we, at GOLDENUGGET, want to revolutionize this industry. Through the use of new environmentally friendly non-toxic chemicals and become the most environmentally friendly miners on earth, respect our neighbors and work with them to create and create infrastructure and services so that after the completion of the project they have something to develop.

Token Information

Name: Gold Token

Token symbol: GNTO

Total GNTO: 30,000,000 GNTO

Available for IEO (Hard Cap): 19,500,000

GNTO Emission Level: No new tokens will be issued.

Stock Token: Will not be released to the market within 12 months

Amount released: Tokens that have been exchanged for gold on the Goldenugget platform will be released to the market in exchange for market prices.

Conversion Rate: 1 GNTO = 1 USD or ETH equivalent

GNTO IN BLOCK OF ETEREUM

GNTO is an ERC20 compatible token owned by Goldeugget, registered in the Ethereum core network, printed in 30,000,000 units with 18 decimal places, which will be used to buy gold at the outlet price, or on our reverse auction site or Dutch auction,

Goldenugget Blockchain is an EVM (Ethereum virtual machine) that is compatible with licensed block chains that are publicly available with an approval confirmation algorithm.

Blocks are checked every 30 seconds.

The Blockchain Goldenugget stores and tracks all transactions on the gold production website, on reverse auction sites, with the subject tracking paper items to be sold, making them exchangeable at any time.