What is Guinea Bauxite Mining and Trading Company (GBTC)
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.
Details
Pre-sales: Mar 19, 2021 – Dec 31, 2021
Pre-sale token supply: 60,000,000 GBTC
Token supply: 100,000,000 GBTC
Total tokens for sale: 60,000,000 GBTC
Hard cap: 60,000,000 GBTC
Legal
Blockchain Platform: Ethereum
Registration year: 2016
Office address: Almamya, Immeuble Nouma, Commune de Kaloum, Conakry, Republic of Guinea.
State College, Pa 16803, USA.
Token info
Ticker: GBTC
Type: Security
Token standard: ERC20
Token price in USD: 1 GBTC = 0.01 USD
Token price in ETH: 1 GBTC = 0.000005 ETH