InnovaMinex ICO Review

What is InnovaMinex?

It is a live project that uses blockchain technology to guarantee the traceability of precious metals , by applying a set of procedures such as:

• It allows the certification of the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer;
• It gives buyers a possibility to verify the origin of the metal they have acquired, insuring that the extraction is legal and that the environment has been protected at all times;
• The project cannot be used for money laundering, since all transactions are registered by the blockchain and the whole community has access to them;

Our main goal is to make gold and other precious metals more accessible to all people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.

Most importantly, the InnovaMinex project provides a unique link between gold and INX, in such a way that even if there were negative scenarios for gold and for INX, users who trust in our cryptocurrency will still benefit.

• If the price of gold declines, this does not mean that the price of INX also declines (it could happened that the value of INX grows as the volume of InnovaMinex’s business grows!)
• If the value of the INX token falls (at the stock exchanges the supply exceeds demand), then those users who save their INX get more advantages and opportunities for buying gold with even better conditions.

In our next posts we will tell you more about our project, INX tokens & tokenomics, our team and future plans.

Our Blockchain and cryptocurrency will change the industry of precious metals

Our Projects

• Mining Project - 7 mines rich in gold, silver and zinc – among other precious minerals – with a project already underway. Ecological mining of underground veins. For the first 5 years, the estimated gross margin of sales (of the mines to be exploited) is US$ 2 billion.
• Refining Process - Plant with a refining capacity of 200 kg of gold per day in a free zone and security 24x7. Refining of gold from our own mines and from third parties’. Innovative designs coined in gold and silver with cryptocurrency casting moulds.
• E-commerce Innovation - Gold and silver coins and ingots of the main cryptocurrencies. Cryptocurrencies as a means of payment and discounts when paying with INX. Purchase and sale of precious metals. Integration of our products in large marketplaces (Amazon, eBay, etc.).
• ATMs - Sale and purchase of cryptocurrencies (INX, BTC, ETH, etc.). Safe and intuitive interface for users. Purchase of gold and precious metals through our e-commerce in our ATMs

What makes InnovaMinex different from other projects?

• Blockchain technology - We use only the best and most advanced technologies that allow us to provide complete information about the origin of precious metals from the stage of their extraction to the moment of commercialization.
• Safety and reliability - Users can be confident that all transactions will be protected by the system itself, without the need to contact third parties.
• High speed - As a rule, the implementation of interbank transactions takes from one to several days. INX works 24 hours and reduces transaction time to a few minutes.
• Transparency and stability - All transactions in the INX cryptocurrency are immutable and publicly available to the entire community. They cannot be edited or deleted.
• Quality tracking - The certification carried out using the blockchain technology will be complete, consistent, accurate and publicly available.
• New Market - InnovaMinex is the safest and most cost-effective option for acquiring gold and other precious metals.
• Own token - Our unique INX cryptocurrency will occupy the first place in the mining and precious metals mining industries.

Being part of the INX community is not only interesting, but also beneficial!

Why?

• First of all people who buy our gold and precious metals products using INX tokens will receive significant discounts — they will have up to 25% discount from the market price.
• Since the demand for gold is growing year after year, we are confident that the demand for INX will also grow, even among those who are not interested in cryptocurrencies per se, but are interested in gold (by buying INX tokens they can save!).
• We have already said that token holders who keep their INX without activity for 3 months, will qualify to be part of the group that will enjoy 25% of the quarterly benefits that the company allocates to the Loyalty Program. The members of this select “INX Club” will have at their disposal important discount vouchers, business trainings, leisure offers, etc. All this will only be redeemable on our e-commerce platform. This approach will incentivize the storage of INX tokens, and will reduce the number of those users who want to sell them

Just to sum up: there are strong reasons to think that 1) the demand for tokens will increase (cheaper price for gold with INX), and 2) the supply of tokens will decrease (the amount of them in circulation decreases because the INX holders receive a very attractive incentive every 3 months). Therefore the value of INX would increase.

If the demand is significantly lower than the supply then the price falls. In this case, the 25% of the company’s quarterly benefits will be distributed among a smaller number of participants, only those who have been holding the tokens in the cold wallet.

Thus, we create the first cryptocurrency which remains profitable even when the price drops, because the loyal users in the INX community will collect more discount vouchers to redeem in our e-commerce platform.

Learn more about the InnovaMinex project here: https://innovaminex.com!

ICO Review - https://icobench.com/ico/innovaminex

Author

rudin_x666

https://bitcointalk.org/index.php?action=profile;u=1219485

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