Token/Symbol
ORET
Type
ERC20
Platform
Ethereum
Accepting
ETH
Token Count
12,500,000
Price
1 ORET = $0.50

Our goal is to create a cryptocurrency that will be entirely backed by a company dedicated to the extraction of precious minerals such as gold.

The company, Paraguay Mineral Mining S.A. (PMMSA) will distribute 45% of the net profits to all ORET Token holders. This distribution will be done on a weekly basis.

As a result of the geological exploration of the area, our experts have calculated that the average gold mineralization is 7.5 g of 999 alloy of Gold per ton of ore. The calculations show that our projected plant will give a net profit of 2,517,500 USD per month of which 1,132,875 USD which will equally distributed among the 12,500,000 ORET tokens. That is equivalent to 0.09 UDS per ORET per month.

How It Works

01.INVEST

Our company Paraguay Mineral Mining S.A. gives you the opportunity to invest and be part of our company by buying ORET Token, thanks to the blockchain technology.

02.OUR COMPANY

Our company will start activities once the ICO ends, starting with the acquisition of the land.

Thereafter, the installation and start-up of the mineral processing plant.

03.OUR INVESTORS RECEIVE THEIR PROFITS

Investors receive 45% of the net profits of Paraguay Mineral Mining S.A. company, directly related to the profits from gold extracted.

Dashboard.

  • Visualizing All Data, At A Glance
  • ETH balance corresponding to your weekly earnings.
  • See the deposit history of your earnings.
  • Option to change your Email and ETH address, to receive your profits and deposit notifications.
  • Mobile device accessible
  • Instant view of the current price of ORET in Exchanges
  • ORET Tokens general balance
  • Access to the PMMSA Accountant Balances

Use of Funds and Distribution

  • No Tokens will be distributed among our team members or any person that is connected in any way to PMMSA. This includes, family members, relatives, friends or anybody acting on their behalf.
  • All Funds raised in ORETokens ICO will be invested into PMMSA.
  • 10% of the funds raised will be held as a safety net for any unexpected costs, or for initial operational expenses until the Main Plant is fully operational.
  • All excess ORETokens of Project One , Two or Three will be burned once the plant is fully operational and showing a profit.

Advantages for Investors

Secure investment backed by Gold extraction.

Paraguay Mineral Mining S.A. is a fully registered and licensed  company directly responsible for the development of ORET Token.

Weekly profits of 45% of the production of PMMSA.

Our company PMMSA will pay out 45% of it net profit to all ORET Token holders on a weekly bases. 

Price stability.

ORET Token, unlike other Crytocurrencies will have price stability and a constant growth because each holder must keep their tokens in their wallet to be able to receive  their weekly profits.

Access to PMMSA accounting documents.

ORET Token holders will have access to the Accounting and general balance sheets of the PMMSA Company through our Exclusive Dashboard.

Dashboard 100% transparent.

ORET Token holders will have access to an exclusive Dashboard to see the balance of their Tokens. Here you can edit your ETH address where you will receive your profits, be able to edit your  Email address to receive notifications of profit payments. You will also have access to Transactions, where they can see the weekly ETH payments  and total ETH you have received.

To try and limit Pump and Dump.

To avoid market manipulation on the exchange  we have set the maximum buy of ORET Tokens per person at  at  150,000 USD.

Scalability of the project.

Depending on the amount of funds raised, ORET has three different strategies to address the construction of the gold mining plant. When the HardCap is reached, the return on your investment grows considerably!





Team


Nicolaas Spangenberg

Chief Executive Officer

Co-founder and CEO for over 15 years of the former Industria Maderera SA, one of the biggest wood flooring manufactures and exporters in Paraguay. Co-founder and COO for 4 years of an import and distribution company, MAR in Spain. Co-Founder and COO for 3 years of an import and distribution company, in Holland. Co-founder of Mediterranean Wood Agency in Spain. Co-founder of Barrio Cerrado Las Palmeras in Paraguay. Co-founder of Copeland Flooring in USA. 8 years of experience in gold mine management. Co-founder and CEO of Paraguay Mineral Mining SA


Hugo Dominguez

Chief Operating Officer

Co-founder, Creative design & advertising Web developer Bounty Management Cryptographer Solidity developer


Gricelda Arevalos

Chief Financial Officer

Manager of exports and in charge of overseas companies and foreign outlets for Industrial Maderera Copeland SA for 11 years. Co-founder and acting Director for over years 5 years of MEHAN SA, a property development company in Paraguay. Legal advisor


Antonio Caballero

Chief Marketing Officer

Community Manager Digital Marketing Specialist


Cristian Villalba

Designer Multimedia Developer Illustrator & Animation Artist

Roadmap

  • October 2017


    IDEA

  • November 2017


    COMPANY FORMATION

  • February 2018


    EVALUATION OF LAND PROFIABILITY.

  • March 2018


    ORET TOKEN PROYECT BEGINS:

    - ROAD MAP.

    - TOKEN DISTRIBUTION.

    - WHITEPAPER.

  • September 2018


    PROMOTION FOR AIRDROP.

    AIRDROP.

  • November 2018


    ORET TOKEN ICO.

  • December 2018


    ORET TOKEN ICO END.

    - ANOUNCEMENT OF INTRODUCTION TO EXCHANGES.

  • January 2019

    MAIN ACTIVITIES BEGIN:

    - ACQUISITION OF LAND AND MACHINERY FOR THE MAIN EXTRACTION PLANT.

    - START OF PRODUCTION WITH THE PILOT PLANT.

    (the land to be purchased already includes some trucks and a primary extraction plant that is ready to run.)

  • February 2018


    FIRST PROFITS SENT TO THE INVESTORS WILL BE FROM THE PRIMARY EXTRACTION PLANT.

  • April 2019


    ARRIVAL AND INSTALATION OF THE MAIN EXTRACTION PLANT

  • May 2019


    LAUNCH OF THE EXCLUSIVE DASHBOARD.

    PRESENTATION OF THE MAIN EXTRACTION PLANT.

    THE MAIN EXTRACTION PLANT IS PUN IN OPERATION.

  • July 2019


    START OF PROFIT DISTRIBUTION FROM THE MAIN EXTRACTION PLANT.

  • August 2019


    STUDY AND TECHNICAL EVALUATION FOR THE EXPANSION OF THE COMPANY.

    ACQUISITION OF MORE HECTARES NEAR THE MINE TO INCREASE THE PRODUCTION OF THE COMPANY.

    EXPLORATION OF NEW AREAS RICH IN PRECIOUS MINERALS.

    STUDY THE VIABILITY FOR EXPANSION TO NEW AREAS IN THE COUNTRY.

White Paper

Investment Info
Accepting ETH
Token Info
Country Paraguay
Hardcap $6,000,000
Softcap
Token ORET
Platform Ethereum
Type ERC20
Token Price 1 ORET = $0.50
Token Count 12,500,000
Schedule
Pre-Sale Start Date
Pre-Sale End Date
Crowd Sale Start Date 2018-November-01
Crowd Sale End Date 2018-December-01

Write a review

Note: HTML is not translated!
    Bad           Good
This ICO is being reviewed in detail. This section will be updated soon.