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Showing 5 of 5 results by HugoM47
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Re: [ANN][ICO]ORETOKEN ⛏: WHEN GOLD MEETS BLOCKCHAIN TECHNOLOGY
by
HugoM47
on 12/12/2018, 14:07:16 UTC
It's really a good initiative that the investors will receive more than 45% of the total profit from Paraguay Mineral Mining company which is related directly gold extracted segment.
when this project will work in a full swing? and When land acquisition will be started? is there any tentative location regarding this issue?
Hi NEWICO INVESTOR
The project will be fully operational in August 2019
The acquisition of land will begin in February 2019, if everything goes according to plan and if the soft cap is reached, otherwise the ICO stage will have to be extended a little more to reach the goal of funds raised.
All these details are explained on the website and on our whitepaper.
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Re: [ANN][ICO]ORETOKEN ⛏: WHEN GOLD MEETS BLOCKCHAIN TECHNOLOGY
by
HugoM47
on 08/12/2018, 20:13:46 UTC
What do you think about this market situation? How do we adopt this unfavourable condition?
throughout this situation, will it be a good decision to enter this volatile market?
Reasons to buy ORET:
1 - the price of ORET is fixed at dollar
2 - when you invest in ORET you get 45% of the profits of PMMSA no matter how the market is, it does not matter if ETH went up to 2k usd or low to 10 usd.
The investor receives his profits in ETH corresponding to the net profits in USD of the company.
3 - The net profits of PMMSA become ETH and are distributed instantly. That means that it does not matter how the market is. One will always receive what corresponds to their earnings in dollars = ETH.
4 - If the crypto market is down, the investor will receive more ETH, if the market is up, the investor will receive ETH, but always the equivalent in USD.
5 - In addition to the weekly gains of PMMSA, profits are also obtained when the price of ORET rises.
6 - the price should go up a lot, because each investor must have stored their ORET in an erc-20 wallet to obtain the profits, they must be there at the time of the snapshot every week, they should not sell their tokens.
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Re: [ANN][ICO]ORETOKEN ⛏: WHEN GOLD MEETS BLOCKCHAIN TECHNOLOGY
by
HugoM47
on 06/12/2018, 14:38:05 UTC
Why OREToken will not be distributed to the team member or related any person? Is there any hidden premise to this issue? so far I have gathered experienced, I haven't noticed such type of strategy.
Hi,
The ORET team created this ICO in order to grow the company dedicated to gold mining (Paraguay Mineral Mining S.A.). The members of the team already have their profits within the company and we have decided not to take profits from the ICO and offer profit to their investors. What the team wants is to see its investors grow as we do.
We want to do the right thing, as it should be in the business world. You invest and we do the work.
Fair share rule.
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Re: [ANN][ICO]ORETOKEN ⛏: WHEN GOLD MEETS BLOCKCHAIN TECHNOLOGY
by
HugoM47
on 06/12/2018, 14:15:22 UTC
I think this will be difficult when GOLD and digital assets become together, because these are two different things. this is develoment which is impossible
Hi,
I do not see it very difficult, what ORET wants to do is raise funds to set up a gold processing plant. After the company is 100% working, it will share 45% of its net profits with all the token holders. 45% of the profit is converted into ETH and distributed to all the people who have ORET in their wallet, by means of a weekly snapshot.
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Topic
Re: [ANN][ICO]ORETOKEN ⛏: WHEN GOLD MEETS BLOCKCHAIN TECHNOLOGY
by
HugoM47
on 06/12/2018, 14:08:34 UTC
When the ICO will start and end, I mean when the token will be distributed? Is there any tentative date regarding this issue?
Hi,
the ICO stage started on November 1, will end on January 31, the tokens will be distributed at the end of the ICO stage.