A precious metal is a rare, naturally occurring metallic chemical element of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
Precious metals are naturally occurring rare metallic elements having significant economic value. They have high luster, usually ductile which tend to be less reactive than most elements. Precious metals are primarily regarded as investments and industrial commodities. Platinum group metals and gold are some of the most prominent precious metals present in the industry. While the coinage metals, silver and gold are consumed in industrial applications, they are better known for their use in jewellery and art. Other precious metals include the platinum group metals: iridium, osmium, rhodium, ruthenium, palladium and platinum.
Gold prices have been skyrocketing as of late, which makes many people wonder if they should have gold and other precious metals in their investment portfolio. Adding some precious metals to your portfolio might not be a bad idea as gold and other precious metals can offer portfolio diversification and potentially act as a hedge against inflation.
What is a Innovaminex ?
Innovaminex is a modern business model, which with the help of the blockchain provides transparency throughout the whole chain of production of precious metals. With the use of its technologies will be certified the entire production process from mining to the end point of sale in the jewelry store. This model will be based on partnerships with various jewelry stores and ATMs.
The introduction of such technologies in this commercial activity will benefit all parties. Losses of mining companies will be reduced shops will be able to be sure that they will not slip poor-quality goods and buyers, in turn, will be able to check the origin of the desired jewelry. Each of the stakeholders in the producer-seller-buyer chain will have access to such data.
Using ATMs company InnovaMinex any user to buy or sell their scriptactive. The interface will be convenient and constantly updated based on customer feedback. They will be clear and safe for both novice and experienced users. The ATM will not require identification.
Token INX
Innovaminex aims to provide access to many precious metals for all people using modern technologies - its own cryptocurrency INX.
At the heart of the project is the RazielCore Protocol which provides a reward for the miners and investors of the project and will be able to provide strong ASIC resistance during the initial phase of PoW and PoS. The INX token will have 2 phases to generate. The first is the use of the PoW Protocol until 1000 blocks with a total of 300 million coins are reached. Then the next step is the PoS Protocol, which will generate rewards and will be used for fast transaction processing.
Advantages of the INX token
For mining mines-great bonuses and discounts when buying INX tokens
For refineries - there is a plant that uses cryptopedia. Innovaminex the project will seek to integrate the largest possible number of such plants.
For e - Commerce-INX will be the main currency in the company's online store, where there will be exclusive discounts.
Crypto-exchanges-the Token will be traded on well-known crypto-currency exchanges.
ATMs-you can buy or sell INX tokens directly from ATMs.
Procedure of distribution of the token - ICO
Sales will consist of 4 phases, each consisting of 2 weeks.
Starting November 26, 2018 and ending January 7, 2019. There is also the final phase, which will run 5 days starting from 22 January 2019 At each phase will have its own bonus - tier 1 (30%),
Phase 2 (24%), phase 3 (16%), phase 4 (10%), final (0%).
The INX token is not based on the Ethereum blockchain. INX is a unique cryptocurrency.
Token: INX
Technology: Own blockchain
Total to be released: 300.000.000 INX
Total will be allocated for all sales phases: 70% of the total
Softcap: $ 10.000.000
Hardcap: $ 52.500.000
Token price: $ 0.50 = 1 INX.
Deposit: BTC, BCH, ETH, LTC, DASH, ETC, USDT, XRP.
KYC - YES
For those who buy tokens more than 14000, will receive a special gift engraved silver ingot with the brand Innovaminex.
More information about the team can be found https://innovaminex.com/en/inx
Conclusion
The Innovaminex Project seems to me to have a future, because really in the market of precious metals there are a lot of fakes and no one can control it. The problem is long overdue, but there was no effective solution to it until now. Blockchain will be able to solve this problem by providing a transparent system in which any interested person will be able to track the entire product chain, from production to sale.
Please visit the links i have provided below;
Web: https://innovaminex.com/en/inx
Telegram: https://t.me/InnovaMinex
Twitter: https://twitter.com/innovaminex
Facebook: https://www.facebook.com/Innovaminex/?ref=bookmarks
Whitepaper: https://innovaminex.com/docs/whitepaper-en.pdf
ANN: https://bitcointalk.org/index.php?topic=5040040.new#new
Author: Sheycrypto
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2212407