INMCoin is a project designed to implement the world’s first financial investment blockchain product combining advanced technologies both in the field of finance and that of the industrial mining of gold. Innovative Minerals is a gold mining company that understands why gold is an attractive, long-term investment strategy and wants to apply that knowledge alongside blockchain technology, which offers many benefits to optimizing production and providing the transparency that investors want to see.
INMCoin is the internal currency of Innovative Mineral’s blockchain project. This is a new type of cryptocurrency that is backed by real gold. Specifically, that is the gold that Innovative Minerals is industrially producing. Innovative Minerals plans to mine 225 kg of gold in 2018, 1,410 kg in 2019, 1,680 kg in 2020, 2,160 kg in 2021, and 2,520 kg in 2022.
Implementation of the INMCoin project has several stages. These include an investment stage and production stage. Investors will have the opportunity to buy, sell, and exchange INMCoin.
INMCoin will initially be issued on the Ethereum blockchain in line with the ERC-20 token standard. Innovative Minerals will be issuing 10,000,000 INMCoin altogether. 6,000,000 of these tokens will be offered for sale.
To find out more about INMCoin and Innovative Minerals, check out www.innovative-minerals.io.