- To facilitate the purchase of GMA tokens
- Allow owners the ability to make trades on various cryptocurrency exchange platforms
- Allow the collection of profits related to their actions.
- To allow GMA token holders to receive a quarterly 5% share of net profits represented by GMA tokens from the gold mining production when such profits are due. Equivalent to 20% per annum profit sharing in a mine with estimated reserves of over $6.2 billion USD.
- To empower future and prospective developers who have the aim of launching and realizing their gold mining projects under the expertise of our team and features of our platform.
CEO and Co-founder
Sr. PHP Developer
Rutendo Femai Jenkins
Senior communications specialist
Rated on 2018-06-16
the team looks strong at a opeerational level but not so strong on the legal side. I dont really see the blockchain use case and why this is an ICO raise v a traditional equity risk raise. Using the waves platform I think will restrict investment as investors are not familiar so much with waves at ETH and ERC20 and it would appear waves has been chosen to get DEX listed which may be putting the cart in front of the horse. Not so clear how Zim exchange controls may impact the ability to pay token holders and risks of local costs changing due to zim inflation. really dont see this as a project that should be using a ICO as a funding method as dont see the logic for a token, its a security equity play and raise the money thet way I think. Will gold be sold to local bank and if so will eth have be bought locally with the africa premium ? what resrictions are there on moving crypto out of zim ? How does the zim central banks banning of dealing with crypto companies affect the project ?
Rated on 2018-04-30
Corrected the rating after communicating with the CEO of the project. This ICO reminded me Sudangm, the product is not new and I'm not sure that it will be in demand. Also wrote several legal recommendations, I hope CEO will take them into account Sometimes 90% of success depends on the team, I see a strong and experienced team, so I raise the rating
Rated on 2018-05-08
Rated on 2018-05-18
Very strong and experienced team and well-known advisors MVP - working mining in Africa KYC verification- done All media - done Vision not new, but impressive work of team can bring success to this project
Rated on 2018-05-17
Very strong team and advisors MVP - done KYC verification- done All media - done Vision not new, but impressive And I like this product and idea.
Rated on 2018-05-19
Well experienced & a Strong Team. Good Advisors. Gold mining is interesting, But, A lot of groundwork required for the success of the project. Good luck to the team.
Rated on 2018-05-07
Rated on 2018-05-09
I think that political risk is a major factor in certain industry/geography combinations and gold-back securities will usually have this type of discount applied. The team is very experienced and well staffed, and that's very good.
Rated on 2018-06-02
Team is experienced in mining industry but lack of Blockchain experience guy over the team ...... I love the vision but I think political problems is a big factor here ....... After all best of luck team .....
Rated on 2018-05-11
Good idea, security token through and through though.
Rated on 2018-06-04
Awesome. Lovely idea and Team + working product in Africa!!! +++++++ Awesome. Lovely idea and Team + working product in Africa!!! +++++++ Awesome. Lovely idea and Team + working product in Africa!!! +++++++
Rated on 2018-06-13
UPDATE: I have been made aware of a very strong strategic partnership and have updated my evaluation. It is my sincere hope that this project brings good working conditions, fair wages and sometype of socio and economic stability to a cash-strapped Zimbabwe, who's economy faces severe challenges. Unemployment and poverty are endemic and political strife and repression commonplace.
Rated on 2018-05-17
Good experienced team Good vision and busines plan Already working mining Project and tokens is gold asset backed and it can be good factor for token price in the future
Rated on 2018-05-30
Team: Excellent team composition with high profile members. Vision: It is not new but good as it is backed by profits of your gold mining corporations that make investors a peace of mind. Product: I personally don't like Waves platform as it can limit investors accessing to the platform as ETH is still leading the market. Happy to adjust my scores with improvement.
Rated on 2018-05-20
Gold business usually brings good profits, even more in hard times to come. Solid and experienced team. Very good advisory board. Strong social media and KYC verification ok.
Rated on 2018-05-21
Strong team and advisors!!! This rating was provided based on the information available at the time of the evaluation. This is not an investment advice or a recommendation to invest in this or any other ICO. Investment decisions should not be made based upon ratings, but upon performing your own research.
Rated on 2018-05-25
Solids team with a lot of experience that will help guide this project down the right path. This is not a new concept and is going to require a lot of work on Goldma. Like most projects it comes down to execution. I look forward to watching the growth of this project.
Rated on 2018-05-30
An innovative take on blockchain, the team could improve heavily on branding and marketing of the product that should scream at the target market and set itself apart. Would argue for more compelling business use cases examples for ROI concerned investors.
Rated on 2018-05-30
Interesting to see a token behave in a way more similar to a traditional share rather than a specific utility. Looks like an experienced team with real business goals that could transform a very traditional industry with crypto.
Rated on 2018-06-01
The group of Crypto currencies got a new entrant in Goldma that aims at mining crypto gold so to speak. But the strong part of the platform is the use of blockchain techniques that ensure a lowered cost of entry as well as back the venture with the operational aspects of actual gold mining activity. The future would see the adoption of a range of financial activities that could include funds transfer and indeed capital management. If there could be a drawback, then it is the nascent nature of the field that would put the very technology on the watch list of people. A fair attempt needs to be made as to bring acceptance to the product as would the new age currency, the crypto currencies.
Rated on 2018-06-06
A strong team on the mining side but needs more blockchain experience on the core team. Need more blockchain experienced developers Great idea and concept, love the profit sharing model with ETH distribution rather than your own token. This mitigates some investor risk as the market has yet to decide the value of the GMA token. Wish it was not the Waves platform, some inherent deficiencies there that I won't get into, but there are other stronger, scalable, and interoperable platforms that would work better. KYC passed, strong advisory team, hopefully, they are working closely with you. The major risk here is the potential of the mine. If the gold is not extracted or extraction stops for whatever reason, what happens to the value of the token? This will be a huge concern as the token will plummet to zero Also, DigixDao is the strongest competitor in this space with regards to a gold backed crypto. They've built the confidence and community so it will be hard to compete as well. Revised: Rating revised after team member reached out and explained some concepts in more detail
Rated on 2018-06-11
After spending several days on this project, and digging deeper I have discovered that this could be a potential 'gold mine' for investors.. Literally. Very strong team, solid co-founder with a strong vision. I like the concept of backing a cryptocurrency with real tangible assets, and there is no better asset to back it up with than real gold. Best of luck to the team. This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
Rated on 2018-06-16
A lot of enthusiasm and experience can help in the execution of a well-planned project although a lot of hitches can be along the path. It will help to communicate the vision to the public along benefits for the community as well where mining is being done more clearly. Good team, ordinary vision, but I think there are strong hopes for the project.
Rated on 2018-06-17
Am more worried on the legal implementation of this project. How does this act as a utility token? If is not a utility then it cannot be listed on exchanges, and we have all the tax and legal issues arising.
Rated on 2018-06-18
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Sunrise 60 Gold Mining Claim is found, registered and licensed by Goldchip. Enviromental Management Plan begins.
Portgieter, Zimbabwean mining veteran, hired as Mine Manager. Camp construction and infrastructure development ensues.
Enviromental Impact Assessment certificate granted for Gold mining and milling. Exploration activities expanded. Viable Alluvial and Reef gold confirmed via Perfomance Labs.
Satellite remote sensing ordered from Geoscientific, LLC; locates multiple gold deposits. Private investors invest 2 millions USD.Earthmoving equipment, ball mill, processing units purchased and installation begins.
Goldchip acquires 5 new mining claims based on successful gols exploration campaign.
The Zimbabwe Investment Authority selected Goldchip as 2nd runner up in the mining sector as among the top mining companies in the country in respect to mining, good governance and overall investment.
The Enviromental Management Agency grants Goldchip it's renewal for the Enviromental Impact Assessment certificate.
Renown mining consulting company - Minxcon completes technical review. Mixcon consulting comes onboard to consult Goldchip regarding gold mining claims and completes technical review.
On the heels of Minxcon's technical review, Goldchip purchases a 450 tons per day processing plant and begins installation.
Goldchip begins developing a whitepaper for integrating its current and future investors unto the blockchain. ICO consulting and plans private crowdfunding and whitelisting for March 26, 2018. In addition, smart contract development begins.
Marketing Campaign and Whitelisting begins for Private Sale. Begins tentative KYC/AML
Pre-ICO/ICO begins. Plants upgrade continue. Commercial Plant to process free gold comes online, lights fornight shift purchased, 2nd shift begins. Carbon in Pulp Plant ordered.
ICO ends. GMA Exchange listing, CIP Plant installation begins. High speed Toll milling equipment researched by Minxcon, Toll Milling equipment bought.
Road development, Camp upgrade, fencing, Toll Milling equipment installation begins, Gold Buying program begins, first royalty payment to GMA tokens holders.
Toll Milling marketing, road development continues, Camp upgrade continues. Third shift mining starts, 2 royalty payment to GMA tokens holders.
Additional Gold mine aquisitions, 3rd royalty payment to GMA tokens holders. Community Health Clinic upgrade pan submitted to goverment for approval, Senior Citizen Food program upgraded.