Hello fellas today i want to speak up new ICO Moria token with real gold mining. We all say "this become gold" but this project is quite interesting because they have real gold mining activity behind it.
What is Moria ?
Moria Tokens is ownership of royalties from the Bates-Hunter Gold Mine. By holding these tokens in your ERC-20 wallet, payouts of royalties commencing at 20% of the ICO price will be made to you in Ether, every 3 months, based on the mine's gross revenue. According to geological studies and mapping estimates the mine, which covers 35 acres, still has over one million ounces to be brought above ground bringing a potential annual revenue of $120 million. The Bates-Hunter Gold Mine, sits in some of the richest veins in Colorado. Its historical production exceeds 200,000 ounces of gold.
Token
This Token has the unique quality of paying dividends to Token holders. The Moria token takes some of the best attributes of crypto-currency and corporate bonds, combining them to give investors opportunities for gain in the Tokens themselves as well as an income generated from the gold mining revenue. Token holders (both ICO and subsequent purchasers) will receive quarterly payments equal to 10% of the Company’s previous
year’s annual revenue capped at an amount which equals 20% of the ICO price per Token.
Roadmap
Token supply : 30,000,000
Token type: ERC-20
Max Cap: $30,000,000
Token price: $1
Website