Amazing ANN you guys have here I liked everything since the images because looks like a real coin for the rich, pure ostentation. I just don't realize how the buying of Precious Metals will work. Are you having a privacy sales for investors or this will be opened for everyone wishing to buy? And you probably should hire a member for the team who have experience with cryptocurrencies to help with your ICO and the management of the project during this phase. Also do you already have a business backed to precious metal?
Hello. Thank you for your comment. Our pre-sale will be open for everyone. Our designer for this project likes flashy stuff so sorry if the glow of the ANN caught your eye. We are not aiming the 1% but the 100% percent.
We believe in equality and that everyone should have access to trading of precious minerals like gold and diamonds. That is why we created MagnumLink - to open the market for all.
We started our exploration process in Sierra Leone and concluded that the licensed areas are filled with precious minerals in our initial research.
Also, with the greatest part of the money we are going to raise we will BUY precious minerals, put them in safe third party storage and issue tokens backed by them.
Token holders have termination clauses. If earthquake or other catastrophe bewinds our project, the underlying value of the company, its license and all precious minerals mined or bought will be distributed in 50% proportion to the token holders.
We have safety clauses and intend to start earning profits for our investors even before we start mining. Our exchange platform where we will list the gold and diamonds backed tokens will earn us fees in two to three months after the ICO.