THELOGICALINDIAN - Bitcoinist batten withFernando Garca Sanz CEO of InnovaMinex on their new belvedere that is applying blockchain technology in the concrete mining of gold
Bitcoinist: Fernando, could you amuse acquaint us all a little added about InnovaMinex?
Fernando García Sanz: InnovaMinex is a alive activity that uses blockchain technology to agreement the traceability, processing, and busline of adored metals.
Why did you adjudge to use blockchain technology in your project?
We absitively to use it because it allows us to accredit the absolute action of mining – from gold’s agent in the mines to the end consumer. Basically, buyers will be able to verify the agent of the metal they purchased.
What advantages will blockchain accord to customers?
Everyone will be able to accomplish abiding that the gold or adornment they bought is absolutely acknowledged and ethical!
Why is your activity in gold?
Gold today is a abiding advance with a connected history that can be trusted. Advance in gold has never been accompanied by volatility. Even back advance in gold was not actual attractive, its amount connected to grow. The actuality that it is a safe anchorage investment, not abased on banking bazaar contest as abounding added articles do, additionally speaks in its favor.
What is the project’s capital goal?
First of all, we strive to accomplish gold and added adored metals added attainable to a added ambit of consumers, application our INX cryptocurrency, which will abate their amount to end barter and ensure the aegis and accuracy of all transactions. Our activity will be able to accommodate a abiding cryptocurrency, giving participants the befalling to booty advantage of its non-linear but able accord with gold – INX tokens could accompany allowances to holders alike if the amount of gold decreases.
Could you amuse acquaint us added about INX? What are the capital allowances of it?
INX is a multifunctional banking apparatus that has several uses. Bodies who buy gold and added adored metals application INX tokens will accept actual cogent discounts – for those people, the amount of our adored metal articles will be up to 30% beneath than that of the market.
Are you bold that INX badge will grow?
Indeed, the appeal for gold already exists and it does not charge to be created in any bogus way. Today, gold is the best abiding advance vehicle, which has a consistently growing demand. The advance in appeal will activate the advance and development of InnovaMinex and, therefore, the advance of its crypto.
Are there any added means to acquire money with INX tokens for holders?
Yes! InnovaMinex distributes 25% of its annual allowances amid the INX badge holders who accumulate them in their wallet for 3 months, in the anatomy of abatement vouchers. These vouchers can be acclimated to acquirement gold and added adored metals with discounts up to 90%. Thus, we strive to accomplish INX tokens as assisting as accessible for their holders and abate the cardinal of investors who may appetite to advertise them.
How far advanced is the activity and do you accept a alive product?
Our activity already has MVP and acknowledged mining and processing companies beneath it. We are a actor of MinexCorp, which acquired 80% of a Colombian aggregation owning several gold-mining leases.
We accept already launched our aboriginal activity for the abstraction and processing of adored metals, and added projects will alpha soon. These projects are GUAYAQUIL, VIZCAYA, BOLÍVAR 2, ANTIOQUIA 3, MINEX 7, MINEX 12, TOLIMA. Among added products, we will absolution gold and argent bill with appropriate designs, creating a new bazaar that will allure abounding people, so accretion the amount of our project.
What do you beggarly by gold and argent bill with appropriate designs?
We are planning to barrage assorted collections of cryptocurrency bread molds, fabricated with argent and gold, as able-bodied as to affair adored metal ingots and bars, branded with agnate cryptocurrency logos.
This agency that actual anon we will be able to authority one Bitcoin or one Ethereum in our hands, allowance them to addition abutting to us, or actualize our own accumulating of adored metal bill (note that these bill won’t accept the agnate cryptocurrency values, but those of their abounding adored metal, as able-bodied as those of their architecture and of the bound copy collections in which they are activity to be issued).
To activate with, the adored metal bill we plan to absolution are Bitcoin, Ethereum, Litecoin, Dash, Neo, Iota, Dbix, and INX, and after add added coins. Our designers are already alive on it.
How do you see the approaching of InnovaMinex aural 5 years?
Our cold is that 5 years from now, all seven mining projects will be operational. We will not buy mines, we will alone accomplice with bounded miners, which acquiesce us to decidedly abate costs. MinexCorp is a actual austere aggregation with a able eyes of its future.
Working duke in duke with Colombian institutions, we action bigger alive altitude for the natives, allowance them to advance their active standard. College accomplishment and acceptable alive affairs allure college able employees. In addition, any MinexCorp agent can allocution to the buyer directly, and the aggregation contributes to allowance them in their able development.
On what base do you baddest the appropriate projects?
Today, we are still allotment with what we have, austere ascendancy of our expenses. We accede any blazon of assisting mining, mainly absorption on gold mines. We abstraction all the projects provided to us, and if we accede that the amount is right, again why not participate?
Today there are a ample cardinal of businesses application blockchain technology. How is your activity altered from them?
InnovaMinex break into the bazaar with what we accede to be the best absorbing activity that uses blockchain technology. It has absolutely accomplished affairs and that is a actuality which a lot of bodies are activity to booty advantage of.
Today we are creating article that cipher has anytime done. We accept already implemented a cardinal of amusing projects – we accept repaired and congenital schools, roads, active baptize and bigger assembly mining conditions. We strive to accomplish alive altitude bigger for all parties complex in the project. We advance time and money for the bigger approaching of our community. But aloft all, the InnovaMinex activity is an honest project, anybody complex is absolutely committed to authoritative things appear and alive adamantine to accomplish it thrive.
Is there any bulletin you appetite to accelerate to those who accept aloof met this project?
I would ask everyone… Do you anticipate it is important to advance the animal and ecological altitude back mining?… Would you like to action adjoin bribery in this sector?… Do you anticipate it would be benign for everybody to accept admission to the adored metal market?… And would you like, in addition, to adore a business archetypal that abounding bags or alike millions of bodies can account from?…
If your answers to these questions are “YES”, don’t hesitate, accompany our community! We accept that abounding things can be done bigger and with you, we will accomplish it.
[Disclaimer: The capacity of this commodity are for educational purposes alone and should not be taken as banking advice. Consistently do your own analysis afore advance in new projects and consistently accumulate your Bitcoin clandestine keys secure.]
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