Nov 20, 2023
Picchu Rio Gold is a financial company, and is planning to raise from $10 million to $100 million by the end of September 2021. The STO plan is the following:
– 1 billion tokens were emitted by the ETH blockchain, without the possibility of additional emission;– The minimum desired amount of STO is $10 million, and the target amount is $100 million.
Tokens could be purchased by investors via use of the major cryptocurrencies (BTC) or with the fiat currencies (debit cards or wire transfer);– Tokens will be sold through the Ethereum-based smart contract, in order to ensure full transparency and proper recording of all receivables and investor’s shares;– Investors will be able to track and monitor purchases through the investors back office;
Project Advantages;• PRG is one of the first projects to blossom from the precious metals mining sector, combining blockchain technologies and the real production sector with high transparency and fair distribution of profit;• Boasts a balanced and committed team of professionals comprising IT and digital security experts, legal advisors, gold mining engineers, and marketing specialists;• The legal framework is designed to maximize the safety and security of investments; • Agreements with a number of leading marketing agencies are in place for assistance in marketing and promotion of the STO through the existing base of active investors.
Conclusion• Investing in the PRG Project is one of the best opportunities to convert cryptocurrency into tangible assets that have both short-term and long-term value in the form of gold!• Investing in the PRG Project presents a new-era lucrative investment possibility that allows our investors to multiply their investment simultaneously in the physical and in the crypto world!• In the crypto world, the Token’s value will continuously grow once it has launched and the project is funded!• The PRG Tokens will constantly increase in value, as their weight in gold steadily grows!
Political EnvironmentPeru’s government and the mining company enjoy investor-friendly laws that are constantly being improved-upon. Peru is a major gold-producing country with viable sets of laws, regulations and initiatives for advancing new investment capital opportunities.Economic EnvironmentThe government welcomes gold mining projects due to: general economic development of this growing democracy, development of local communities, and shifting an agriculture-oriented economy.Social EnvironmentThe company has been directly supporting the local communities for 6 years, as well as through its nonprofit partner association manned by Peruvians and Americans;
– There is an abundance of skilled and non-skilled workers– The mining and processing companies practice environmentally-safe operations– There exists a strong Technology Environment
Maximizing the automation of reporting procedures for facilities with automated accounting, the use of blockchain as a main method of data storage ensures instant data access for the simplified management of projects in real-time.• Maximized reporting and statistical detailing for all levels of supervisory authorities, via blockchain, enables the implementation of a paperless electronic document management platform.• Blockchain implementation into Gold Precious Metals and Rare Earth Minerals Mining.• The alluvial ore is mined via excavation, and bedrock gravel drilling via reverse circulating sands and gravel to the surface. The materials are then screened on-location and conveyed via dump truck to the processing plant. The screened oversize materials are crushed onsite, either by mobile crushingbuckets mounted onto front end loaders, or by crushers at the processing plant. Upon delivery in stockpile, the crushed ore and screened ore are placed into 1-ton sacks and then weighed. Next, the information is entered into the blockchain.• The crushed ore and sands are then transferred to the micro milling unit. Upon milling the ore, the material is then conveyed through a dryer unit into the electrostatic separator. Upon separation of conductive and nonconductive materials, the bagged materials are weighed, and data is thenentered into the blockchain.• Next, milled conductive materials are fed into a slurry storage tank, for further feeding into the leach process agitating tanks. This data is then entered into the blockchain.• Upon completion of the leach cycle, the impregnated solution is filtered and then stored for entering into the electrowinning process. The resultant slime or powder is weighed and entered into the blockchain prior to it being shipped to the refinery for extraction, collection and melting into bars,marked and weighed robotically. All data to be entered into the blockchain will then become historically transparent, thus raising the confidence levels of end users and investors, while at the same time implementing the most effective operational management model for the facilities.• Governing and tax authority’s ability to receive reliable information in real-time from the blockchain adds value to the investors’ quality of investment vehicles decision process.• To expand rapidly into high-volume production in both the mining and processing venues and facilities, as well as to timely capture long-term refining and sales contracts, the decision was made to raise funds via this STO, allowing small-scale investors to participate via cryptoeconomics.
$5 000 000
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