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.
What is Goldario?
Goldario is the first platform in the world that seeks to revolutionize the ecological cycle of precious metal mining (gold), precious stone mining (emerald), jewelry manufacturing, and the jewelry retail business. This financial instrument is a digital part in gold and emerald mines, in-house jewelry production factories, and jewelry retailers for the world market.
Goldario aims to harness the power of innovative blockchain technology and will replace the entire environmental cycle: directly from ore mining to finished retail products, and the steps in between. By using blockchain, cryptography, and smart contracts, he seeks to increase trust between the parties to the transaction by allowing transactions to be carried out on transparent ledgers. Especially by integrating advanced technologies such as AI, Machine Learning, Augmented Reality, Geo-Location Tracking, Blockchain, and Smart Contracts, Goldario offers financial instruments that have no analogues 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.
STANDOUT FEATURES
Established Infrastructure
Goldario is not a typical fundraising project or ICO who is selling dreams. It has an established infrastructure already in Brazil with the name of G44 SA (Registration no:
CNPJ 28.839.840/0001-61), whereby it owns Emerald Mines (G44 Mineração (Registration
no.: CNPJ: 31.975.883/0001-89)), Gemstones Cutting and Polishing Factory, Jewellery
Manufacturing Factory, Jewellery Retail Business VERT VIVANT (Registration no.
CNPJ 34.461.941/0001-44) and H. JOMAA E G44 Mineração (Registration no.:
CNPJ 30.033.381/0001-76) shares in a gold mine with a big sum of reserves. Moreover, it
also owns Inoex.Exchnage (Crypto Trading/Crypto Exchange) (CNPJ: 31.548.911/0001-81).
TEAM EXPERTISE
The Goldario team consists of industry veterans and experts from serial entrepreneurs, traders, and venture capitalists with experience in financial services, mining, jewelry manufacturing, and information technology. It also has a special technical team whose job is to ensure the Goldario Ecosystem is developed and maintained according to modern-day company standards.
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.
LIQUIDITY AND ACCESSIBILITY
With trustless 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 REGULATED
Goldario 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.
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 trustless 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%
Funds Distribution Plan
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. Price per token will be as per indexed price in this white paper.
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.
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
Author
Bitcointalk Username: erwin_ibrahim
Telegram Username : @erwinibrahim
Ethereum : 0xc33a8fD9c68F4fEe836E4F83FC8C1A483D318baF
Email : erwinrohadi87@gmail.com
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