Precious metals are completely unique and limited assets.They have not only financial value, but also cultural and emotional value. Precious metals have always been valued through history. In ancient times, people used them to make weapons, royal tableware, luxury jewelry. People today are eager to invest in silver, gold, platinum, and other valuable metals. In order to make this process as simple as possible, InnovaMinex developed its own blockchain platform and INX cryptocurrency.
InnovaMinex has an innovative business model that uses blockchain technology to ensure the traceability of precious metals. Users of the InnovaMinex platform will be able to trace the entire business process, from when the precious metals leave the mines to commercialization. You can buy gold and other precious metal products at the InnovaMinex stores (e-commerce and ATM’s), as well as, in participant stores. Buyers will be able to verify the origin of the precious metals they acquire, that will allow them to be confident in their legality.
Why InnovaMinex Issues a Token?
InnovaMinex is a global innovative project that can open the market for investing in precious metals to a wide audience, including governments and precious metal companies. The project has developed its own cryptocurrency - the INX token, which is a convenient utility.
INX token was created to be easily integrated into a number of applications, such as exchanges and payment platforms. It is a digital asset that allows tokenholders to receive a competitive price or discount while buying gold or other precious metals from the InnovaMinex platform. The INX token will give tokenholders the right to purchase gold products 30% lower than on the market. As demand for gold grows year after year, INX demand will also grow. In addition, token holders who keeps their INX tokens in a wallet for 3 months will be eligible to receive part of the 25% of InnovaMinex quarterly profits, in the form of discount vouchers. These vouchers can be redeemed at the e-commerce platform, offering up to 90% discount. This approach will allow the project to make INX tokens beneficial and reduce the number of those investors who may want to sell.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/innovaminex-comes-to-ico-why-how-when/