What is Moria?

Moria Tokens represent ownership of royalties from the Bates-Hunter Gold Mine. By holding these tokens in your ERC-20 wallet, payouts of royalties commencing at the annual rate of 20 cents per token will be made  in Ether at the rate of 5 cents every 3 months.  Moria is the first cryptocurrency that provides immediate cash flow.

 

What is Moria?

Moria Tokens represent ownership of royalties from the Bates-Hunter Gold Mine. By holding these tokens in your ERC-20 wallet, payouts of royalties commencing at the annual rate of 20 cents per token will be made  in Ether at the rate of 5 cents every 3 months.  Moria is the first cryptocurrency that provides immediate cash flow.

 

The Moria Framework

The Moria platform democratizes investing in what has traditionally been an exclusive club for the rich and well-connected. Through Moria, any investor with access to Bitcoin or Ethereum can own a stake in a proven gold mine. The best part is the volatility has been taken out of the picture. The value of the ether you receive is based upon the value that is put in, making this an exceptional investment with potential for upside in trading the token as well as cash flow from holding the token.

Contracts 
GitHub 
 | Etherscan

The Moria Framework

Moria has the unique quality of paying royalties to token holders. The Moria token takes some of the best attributes of crypto-currency and corporate bonds, combining them to give investors opportunities for gain in the tokens themselves as well as an income generated from gold mining revenue. Token holders  will receive pro-rata quarterly payments equal to 10% of GS Mining Company’s  gross gold revenue capped annually at 20 cents  per token. Payments will be made quarterly. Notwithstanding such payment structure, for the 18 months following the ICO, all token holders will receive quarterly distributions regardless of any revenue at the mine and shall be made from available company funds. All payouts will be made in Ether quarterly, with the first payment anticipated to be made at or about May 25,2018.

The Moria Token

The contract structure is straightforward. Token holders using private wallets at specified block heights, will receive a payment in ETH proportionate to the amount of tokens the wallet owner holds. The Ether payout will be made based on the USD value of ETH set at the X-royalty date. This ensures investors net their expected returns despite volatility.

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How the Royalty Works

Moria has the unique quality of paying royalties to token holders. The Moria token takes some of the best attributes of crypto-currency and corporate bonds, combining them to give investors opportunities for gain in the tokens themselves as well as an income generated from gold mining revenue. Token holders  will receive pro-rata quarterly payments equal to 10% of GS Mining Company’s  gross gold revenue capped annually at 20 cents  per token. Payments will be made quarterly. Notwithstanding such payment structure, for the 18 months following the ICO, all token holders will receive quarterly distributions regardless of any revenue at the mine and shall be made from available company funds. All payouts will be made in Ether quarterly, with the first payment anticipated to be made at or about May 25,2018.

How the Royalty Works

Moria has the unique quality of paying royalties to token holders. The Moria token takes some of the best attributes of crypto-currency and corporate bonds, combining them to give investors opportunities for gain in the tokens themselves as well as an income generated from gold mining revenue. Token holders (both ICO and subsequent purchasers) will receive pro-rata quarterly payments equal to 10% of GS Mining Company, gross revenue capped at an amount which equals 20% of the ICO price per token. Payments will be made quarterly. Notwithstanding such payment structure, for the 18 months following the ICO, all token holders will receive quarterly at 20% of the ICO price regardless of any revenue at the mine and shall be made from either funds raised as a result of the ICO or general company funds. All payouts will be made in Ether quarterly, payments will be made pursuant to a schedule based on the February 25, 2018 closing date.

Royalty Payout

For every token you hold, quarterly royalty payouts will be made available in the amount of 5¢ per token.

The first royalty payout snapshot will be taken on Monday, May 23, 2018, approximately block #5666190 at 2300 GST. 

Token holders using private wallets at specified block heights, will receive a payment in ETH proportionate to the amount of tokens the wallet owner holds. The Ether payout will be made based on the USD value of ETH set to occur Wednesday, May 25, 2018. This ensures investors net their expected returns despite volatility.

3rd Quarter Royalty Payout Commencing In Approximately:

Days
4
1
Hours
0
3
Minutes
4
3
Seconds
1
2

MORIA Advisors

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Kyle Forkey

Founded Multiple supply chain based companies netting over 1M in annual revenue. Project manager of multiple multi-million dollar projects (Pegasus, Wellington, FL). Successfully raised over $500k for a pre-existing start-up tokenizing real world assets.

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Robert D. Parkes

Operations leader for a middle market company with direct oversight of several hundred personnel, a proven history of entrepreneurial success.

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