USAVE Announces ICO To Build Blockchain-Based Platform And Create A Fair Gold Ecosystem
Introducing USAVE!
We’re pleased to introduce USAVE, a global solution which is revolutionising the gold refinery industry using blockchain technology.
We know that this can be a sensitive industry, which is why the USAVE platform will help instill greater trust into this sector. Powered by the Ethereum blockchain, our network will track and record data throughout the entire process — from the miner, through the supply chain, and ultimately the end consumer.
Our process starts at the supplier stage, after which can track the exported gold through its transport to a refinery. Once the gold is refined, it is put into a secure vault in Monaco. The owner will then have the option to deposit the gold or can use it as collateral to borrow money against it. Our token is not linked to the price of gold and the value of the token is fully guaranteed for conversion into physical gold upon exchange.
About USAVE
USAVE is a global solution which is using blockchain technology to revolutionise the entire supply chain industry. Powered by the Ethereum blockchain, our network will track and record data throughout the entire process — from the miner, through the supply chain, and ultimately to the end consumer.
The USAVE platform utilises blockchain technology to make a social and environmental impact. We guarantee a secure and traceable origin of all its eco-friendly and ethical gold as it moves through the supply chain and is held in vaults by owners, giving all parties full transparency and peace of mind.
We will use cryptocurrency to transform the gold industry and use blockchain to ensure the trade of ethically sourced gold. All of our sourcing is entirely responsible. There’s no mercury, forced labour and so on involved throughout our entire process. We’ll help to secure gold mines across Africa and Latin America and ensure the highest ethical standards throughout the entire process.
Utilising our network, businesses can now develop a dynamic, complete and sustainable gold ecosystem, which will be able to uphold the highest standards for social and environmental responsibility throughout the entire supply chain process, from the miner to the buyer.
We’re set to launch our Initial Coin Offering (ICO), during which we are looking to raise a hard cap of $130million. The private sale will open in July and our pre-sale will launch in September, so keep your eyes peeled for more updates.
Our refinery, vault and exchange are all based in Monaco, which is the perfect location within the gold industry. The region’s political and economic stability, coupled with the integrity of its institutions and regulations makes its an ideal background for the growth and acceptance of a physical hub for gold products. What’s more, this is where wealth is concentrated and the demand for gold is significantly higher than other countries.
We’ve partnered with global leader in security-related services, Brinks and Lloyds to assist with our financial services and help us to implement our strategic vision for USAVE. Our exchange creator, London-based company GMEX, will also be working closely with us throughout the entire process.
We’re thrilled to also partner with ICO advisory service, Chaineum, which offers digital companies a full range of advice and services for the development of their Blockchain and ICO strategy. Chaineum will be assisting with our ICO and helping us to maximise its success.
To assist with global PR, we’ve also enlisted the services of Jargon PR, which has an extensive knowledge of the blockchain and ICO industry. Jargon PR will be assisting with press engagement and social media, to create a buzz around our ICO and keep everyone updated with our progress.
All exciting things coming your way! In the meantime, be sure to follow our twitter @USAVE_Network, LinkedIn and Facebook for all USAVE updates.
author:
rivaldo2020
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