How MetalBlock Works

Metalblock is a safe and stable token pegged to the price of gold.

1 MTBK = 0.02 gold grams.

Now, we start process to create first 5.000.000 Metalblock tokens.

We have an audited project with a real and valid license.

So, in fact, with Metalblock investment you finance the mining extraction and get equivalent in gold at maturity to backed token in full.

Metalblock has been thought in a way that serves the marketplace without risks of losing value, without the influence of the political temperature or empty political campaign offers. 

It is conceptually, only the best of the past, with the most innovative technology of the future. No trade-offs, no issuance of coins without backing (like Bitcoin), no tricks.

Metalblock has secured under a fully GOLDBACKED reserve, extracted from a concession title which was issued by the Government of IVORY COST (see docs), for more than 100 hectares with valid license for  unlimited period . The trust instrument is based in England, by the company, who owns Metalblock token. This simple legal concept will always guarantee that the value of  Metalblock can NEVER shrink.

           
what is metalblock

How Much are Our Mining Rights Worth?

In order to calculate it’s value, it is important to take into consideration some facts: Gold has a 100% value when it is deposited at bank.

It has from 60% to 99% of the value when it has been extracted for mining and goes through the entire process of transporting, melting, refining and exporting.

It has a value of 10% when it has not been mined yet (our case).

We have 100 hectares of mining concession.

Here is some Data for the Calculation in the permitted subject of investment and analysis:

Alluvial Zone is from 0 to 10 meters deep.
Alluvial Tenor (content of gold per ton of alluvial dirt) = 3 grams Permission is just 30 meters down
Density of Alluvial dirt: 1.8 tons per cubic meter.
1 million grams of gold equals to 1 ton of gold at today’s market price is about $60 million.
Results: Grams per cubic meter: 3 x 1.8 = 5.4 grams (minimum quantity)

Value of deposit per hectare:
149.020 gr x 52.91 $ =7.884.648,20$

 

On Every 10 Metres, We Work at first 3 Metres Only

If we dig 3 meter = 5.4(grams/ton) x 3 Meters = 16.2 grams x meter of the area

Potential deposit for hectare:

16.2 x 10.000 sm = 162.000 grams in the wild.

Purity of gold is 92/93%

Grams per hectare: 162.000 x 92%=149.020 grams of pure gold per hectare.
1 gram of gold has a quotation medium in these days around 1.500$ x once, as 52.91$ per gram.

All geological analyses can be checked in the documents section, and are made by a third independent party. All data regarding license can be double-checked on the official website of cadastre of Ivory Coast.
Feel free to contact us anytime.

Our Gold coin is not, by any means, a speculative instrument like Bitcoin and the others.

The logic of our token is very simple :
DBD International has a license for mining  of 100 hectares in order to extract minerals.


After analysis, we have around 90-100.000.000,00 $ in the first 7 hectares of this amount of GOLD, AND SILVER to be extracted.

We issue in total, not more than 10% value of expected gold value per analysis.

After raise funds, start extraction of GOLD and Silver.


MetalBlock Gold Token (under management of Kotia Hedge LTD)  has the right to receive 100% equivalence in gold, stored by a third party before 18 months.

It’s a Joint Venture, where, from one side, Metalblock tokens fund project of gold extraction and as a benefit have physical gold stored  (at maturity) to grant the value of amount of tokens.

Raised funds will be used according to this schema.

  •  20% for a team of developers.
  •  70% for extraction activity and insurance of token
  •  5% for ethic projects (hospital/school)
  •  5% for marketing

When the investor decides to buy a  token, he has a discount from the spot price of gold according to the proposal on the website metalblock.io
At maturity, token will have equivalence in gold, stored by the third party during extraction activities.
At maturity, token will be a digitalised certificate of deposit of gold 100% backed.

Token is always tradable, after maturity, in any case, Kotia Hedge LTD or any other company, ex. SPAM SRL who has the right for Metalblock will propose a bid at 7% discount of gold spot price for the token equivalence.

 

gold token metalblock