ORETOKEN - Why Block technology, not individual investors?

in #cryptoiconews6 years ago (edited)

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About ORETOKEN

ORETOKEN is one of the first virtual assets backed by metal mining firm. The PMMSA has made the ORET TOKEN to boost the funds for the gaining of the soil, concessions as well as plants for recovery and extraction of the metal.

The ORETOKEN is single option to invest and share the incomes of metal mining firm. A big thanks to the technology of the modern era, all tokens owners receive their weekly revenues in virtual assets (ETH). Our firm will pay asset holders 45% of its weekly earnings.

Why Block technology, not individual investors?

The main reason why they’ve not raised funds via individual investors is the fact that, as a firm, they believe its ideal for them to have a diversified community from entire over the world that can acquire the advantages of their firm. They desired it to be a community-driven plan.

3 project versions

• They’ve 3 versions for this plan, depending on how much fund is raised with the ICO. Their target is to raise among $2,500,000 US Dollar with $6,000,000 US dollar as the target. $6,000,000 US dollar will allow them to purchase 43 hectares of the main metal vein plus all the needed tools and processing system.

• $4,000,000 USD will allow them to buy 32 hectares of the main metal vein all the needed tools and processing system.

• $2,500,000 will allow them to purchase 10 hectares of the Main metal (gold) Vein Plus all the needed tools and Processing system.

Any of the 3 projects are divided into 2 Areas

  1. Area one is the excavated land and alluvial metal. Processing of this metal will start as-soon-as they acquire the soil

  2. Area two is the major vein. Tunneling of the major vein starts three months after the ICO sale ended.

Project Versions 1 - 2 - 3

Extremely vital – PLZ note that the tunneling ounce complete has just been counted to a depth of 150 m because this is the max diamond core drill level they have. They believe the metal trend continues much deeper and deeper due to the fact that at 150 m they got the best gram per Tonne outcomes. Therefore this plan will have much wider potential than stated.

• Project 1, $6,000,000 US Dollar, 43 hectares with a counted Open Pit metal (gold) deposit of 42,597 ounces + 276,505 ounces in Tunneling, complete 319,102 ounces.

• Project 2, $4,000,000 US Dollar 24 hectares with a counted Open Pit metal deposit of 28,398 ounces + 184,336 ounces in Tunneling, complete 212,734 ounces.

• Project 3, $2,500,000 US Dollar 10 hectares with a counted Open Pit metal deposit of 14,199 ounces + 92,168 ounces in Tunneling, complete 106,367 ounces.

ORET Token limit and price

• Each ORET Token costs $0.545.
• Minimum purchase of $50.00
• Maximum purchase of $150,000.00 each person

General ICO plan

• 1,000,000 ORET will be applied for Bounty plan.
• 500,000 ORET will be applied for Airdrops to promote the plan.
• 11,000,000 ORET token will be up for sale during the ICO phase.

THE ICO PLAN IS AS FOLLOWS

12,500,000 ORET will be issued by the ETH block, with no option for the making of additional Tokens. Their goal is to raise between $2,500,000 to $6,000,000 with:

• $6,000,000 as the target, the tokens can be shopped by investors with ETH or BTC using site’s dashboard
• After the ICO phase finishes their software will start the sharing of the ORET.
• This allocation procedure will take about 3-days to done as it’s completed in batches. Entire batches sent have to confirm before the upcoming batch sent.

Useful links:

Website: https://www.oretoken.io/
Whitepaper: https://www.oretoken.io/docs/ORET-Whi...
ANN: https://bitcointalk.org/index.php?top...
Facebook: https://www.facebook.com/OREToken
Twitter: https://twitter.com/oretoken
Telegram: https://t.me/OREToken


bountyminer referral link: https://bountyminer.io/register?r=215424620
bountyminer username: vennz17

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