Employment = As a medium scale mine; Goldma currently employs more than 70 local people from the area the mine is located, and with the success of the ICO that number will grow exponentially 2:socio-economic stability = There are plans in place right now to build a new clinic and school in the area the mine is located which will improve the lives of the people that live in that area. So this projectis very important for Zimbabwe and anyone who believes in a better world
I like looking at things at things from a different angle. Imagine that, just by investing in Goldma you have become more like an employer. why do I say that? More investment= More production potential - Bigger production requires more labour... CONGRATULATIONS you have improved someone's life just by investing in your personal wealth.
You make some great points! It makes me think about other factors also such as: One of the most common criticisms of Bitcoin is that it is not backed by anything, nor is it intrinsically valuable. However, others have long been arguing that the US dollar has no intrinsic value and neither does gold. But to really answer this question, this analogy is too flat. True, the US dollar is not directly backed by a useful commodity but rather indirectly by a very large user base and indirectly with the GDP of a whole country and its resources. Gold on the other hand was used for decorative purposes and a payment method for millenniums. Bitcoin advocates argue that Bitcoin is backed by a predictable supply over time. This allows to plot the supply schedule of Bitcoin, meaning it is highly predictable while also being uncheatable through the manipulation found in traditional monetary policies. But the Goldma token combines the best attributes of gold and bitcoin/cryptocurrency
Goldma aims to ensure that we conduct business in a way that is ethical. This means taking account of the social, economic and environmental impact, and consideration of human rights.
It involves a range of activities which are:
-Working in partnership with our local communities
-Socially responsible investment (SRI)
-Developing relationships with our employees and our customers
-Environmental protection and sustainability