Moria Token

Moria Token

Moria Token Fast Facts

MOR

Token Symbol

51,551,579

Tokens Minted

EXCHANGE

*Token.store is not currently accessible to residents of the United States. Full disclaimer below. 

What Is Moria Token

The Moria Token is an ERC-20 compliant token representing an interest in certain royalties generated from each of the Bates Hunter Mine (“Bates”), the Clay County Mine (“Clay”), and the Gilpin Mill (“Gilpin”) in Colorado and any additional mines or mills purchased or developed by GS Mining Company, LLC (collectively, the “Mines”).

What makes Moria Token different?

Moria Token holders will be entitled to receive annual royalties equal to each token’s pro-rata share of 10% of the annual gross revenues or $0.20 per token, whichever is greater.  

Image

Find Moria Token In The Media

Moria Token: Precious Metal Extraction Crypto Investment?

 

Read Article

Fintech Luminaries – Meet Robert Herdina of GS Mining Company

 

Read Article

Gold Mine-Sponsored Digital Asset, Moria Token, Launches on the IDEX International Exchange

Read Article

Gold Mine-Sponsored Digital Asset, Moria Token, Launches on the IDEX International Exchange

Read Article

Gold Mine-Sponsored Digital Asset, Moria Token, Launches on the IDEX International Exchange

Read Article

A return to legacy; The reopening of Central City’s Bates Hunter Mine

 

Read Article

Will Security Token Offerings Be The Future Of Raising Money?

 

Read Article

Gold Mine-Sponsored Digital Asset, Moria Token, Launches on the IDEX International Exchange

Read Article
Image
Token holders will receive pro-rata quarterly payments*
Image

Royalties are paid in cash, etherium, or tokens at the token holder’s choice*

Image

Minimum annual payments are twenty cents per token **

*Pro-rata quarterly payments equal to the greater of 10% of the company’s gross annual revenue or min of $0.20 per token.
**If revenues are insufficient to make that payment, any unpaid amount accrues and will be paid when if the company has sufficient revenue from operations

What's Behind The Moria Token

GS Mining Company (GSMC)

GSMC intends to profit by locating, rehabilitating and re-opening closed gold mines which the Company believes may contain undeveloped gold vein systems. GSMC has already identified and acquired options to three such mines and continues to seek out additional similar opportunities. In each case the Company intends to make decisions based upon existing historical records, the experience of Company employees and experts, and geologic reports. Nevertheless, the nature of this process is uncertain and potential investors should only consider this opportunity if they are prepared to lose their entire investment.

Image

What Is An ICO? 

An ICO is a new form of fundraising that has become increasingly popular since May of 2016. The whole point of the ICO is to democratize the investment process while lowering risk to investors in ways that were not possible for early stage projects. In order to conduct an ICO, a digital coin or token on top of a blockchain* is created. This coin is typically correlated to the growth of a company or product. After the coin is created, this coin or token is offered for sale in an initial offering. 

The token can be purchased by anyone in the world and, upon expiration of any relevant holding period, trades on secondary markets in a peer-to-peer fashion. This gives investors from countries anywhere in the world the ability to take part in early-stage ventures while fostering liquid markets for investors to be able to trade with one another. 

The secondary market tradability means that, in many cases, investors are no longer locked into an early-stage investment until there is an exit, but instead can sell any percentage off into the market at any time, lowering the risk to investors. 

Even where there are initial lock-ups and holding periods, the peer-to-peer, global marketplace for tokens makes them superior to traditional offerings in terms of transparency, liquidity, ease of transfer, and price discovery. 

Initial coin offerings (ICO) became increasingly popular in late 2016 and into 2017. 

The first ICO was held by Mastercoin in July 2013, raising a respectable $500,000. Considering it was the first ICO and not many knew what an ICO was at the time, it was considered a sucess. 

Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million at the time. 

In May of 2017, the ICO for a new web browser called Brave generated about $35 million in under 30 seconds. 

Following a speculative boom in cryptocurrency prices that peaked in December 2017, regulation of cryptocurrencies has since been rapidly changing.

Image

History of Blockchain

A blockchain is a digital record of transactions. The name comes from its structure, in which individual records, called blocks, are linked together in single list, called a chain. Blockchains are used for recording transactions made with cryptocurrencies, such as Bitcoin, and have many other applications.

First and foremost, blockchain is a public electronic ledger built around a P2P (peer-topeer) system that can be openly shared among disparate users to create an unchangeable record of transactions, each time-stamped and linked to the previous one.

By design, a blockchain is resistant to modification of its data. This is because once recorded, the data in any given block cannot be altered retroactively without alteration of all subsequent blocks.

A blockchain is typically managed by a peer-topeer network collectively adhering to a protocol for inter-node communication and validating new blocks. The blockchain has been described as “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”.

The blockchain was invented by a person (or group of people) using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The identity of Satoshi Nakamoto remains unknown. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server.

The bitcoin design has inspired other applications and blockchains that are readable by the public and are widely used by cryptocurrencies. The blockchain is considered a type of payment rail.

Bitcoin has since grown to almost a $1 trillion market cap and has the potential to grow to be a bedrock of the worldwide record-keeping systems, despite being launched just 10 years ago.

Dive in More With Our Whitepaper

Current GSMC Projects

Compliance & Legal

GS Mining Company, LLC is committed to maintaining the utmost level of investor satisfaction. As such, we’ve outlined 3 key pillars to stand on.

 
Image
Technology & Security
Image
Transparency
 

THIS DOCUMENT AND ANY DOCUMENTS INCORPORATED BY REFERENCE HEREIN OR THEREIN CONTAIN FORWARD-LOOKING STATEMENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT OR THOSE RELATING TO PRESENT FACTS OR CURRENT CONDITIONS INCLUDED IN THIS DOCUMENT ARE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS PRESENT THE COMPANY’S CURRENT REASONABLE EXPECTATIONS AND PROJECTIONS RELATING TO ITS FINANCIAL CONDITION, RESULTS OF OPERATIONS, PLANS, OBJECTIVES, FUTURE PERFORMANCE AND BUSINESS. YOU CAN IDENTIFY FORWARD-LOOKING STATEMENTS IN THAT THEY DO NOT RELATE STRICTLY TO HISTORICAL OR CURRENT FACTS. THESE STATEMENTS MAY INCLUDE WORDS SUCH AS “ANTICIPATE,” “ESTIMATE,” “EXPECT,” “PROJECT,” “PLAN,” “INTEND,” “BELIEVE,” “MAY,” “SHOULD,” “CAN HAVE,” “LIKELY,” AND OTHER WORDS AND TERMS OF SIMILAR MEANING IN CONNECTION WITH ANY DISCUSSION OF THE TIMING OR NATURE OF FUTURE OPERATIONS OR FINANCIAL PERFORMANCE OR OTHER EVENTS.

Token.store is not currently accessible to residents of the United States. Potential investors should be aware that there can be no assurance that investors will ever receive any benefit from holding Moria tokens. A legally compliant trading market for Moria tokens may never be developed once the tokens are eligible for transfer and unless exempt from or in compliance with all applicable laws and regulations, peer-to-peer trading for Moria tokens will not be permitted which may require investors to hold their Moria tokens indefinitely.