We are strictly speaking, not a technology company. We are a mining company. This token sale is synonymous to an Initial Public Offering.
We are just offering tokens using blockchain technology instead of stocks to raise money to start our operation. We have just started our
token presale. The total supply of GBTC tokens is 100 million units. The token type is ERC20. Once done with the presale we will list our token with all the major cryptocurrency exchanges. Our tokens are backed by real assets as we have already mentioned. Each and every token is backed by bauxites in our mines. There is an estimated 18 million tons of bauxites in our mines. We need money to mine these confirmed bauxite reserves and explore the area we have been given rights to for more reserves. The 18 million tons of bauxite ready to be mined is valued at almost 700 million dollars in real market price. Bauxite is refined into Aluminum. Aluminum is used for high grade manufacturing for example cars, airplanes etc. Tesla uses aluminum to die cast their cars.
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