Innovaminex is a company that has a goal to make gold and other precious metals more accessible to people.
They aim to allow customers to trace the whole process of finding gold starting from its origin to be ensured that the extraction of precious metal is legal.
They aim to do this by acquiring the new business model that will use blockchain technology to trace precious metals allowing customers to trace it from the beginning.
Innova minex will have its own coin which will combine Proof of Work with Proof of Stake. The biggest part of coins would be created in the first 1000 blocks using Proof of Work consensus algorithm and will be in the company possession while the smaller part will be held in the secondary cold wallet that would use Proof of Stake so transactions will be very fast.