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As I understand it, the protocol will be used by ERC20. But, now newer and more compatible protocols are being used. ERC223 for example. Faster and safer. Second question. How legal is the gold mining activity?

1) I don not really have answer for you here.

2) Paraguay Mineral Mining SA is a fully registered and licensed mining company. All our documentation for mining is as required by the government. PMMSA also pays wages, medical, social benefits etc. as stipulated by the government.

A good idea, in fact it is a decent business, how many people in your team, only two? what market will the project aim at?

I think this project has a great purpose, want to create a strong currency based on blockchain, so someone who has the token, will hold full rights to the token.

the allocation of funds on this project is quite a lot for each item developed, for the total supply of coins is very limited with the price of coins are quite expensive, is there a bounty campaign on this project?

So this project will also selling some gold, beside the cryptocurrency trading?
Wouldn't it get limited customer for the gold, cause the customer are just came from high society people?

I would disagree. As far as I know there are many affordable gold on the market.

It is crucial to understand the need to have a properly working ecosystem, some ideas on how to develop it and find the fundamental missing links. Otherwise, some failing services and instruments, and even illegal activities, can cause too much harm to hinder development of this project.

What project did not see anyone participating in the comment? Is this a phishing project? Someone commented  :P :P :P :P :P :P :P :P

Hello TopTort777,

Absolutely, The Oretoken bounty program will run on bountyminer platform which is an automated one. No reporting is necessary  ;D

We shall launch it as soon as everything's ready, stay tuned!!

Hey Freyanalie,

We will launch the Oretoken bounty campaign on bountyminer (automated bounty platform) shortly. Stay tuned!!

Hi.
There are 10 ORET Team members and 4 advisers.  Our market are for countries that do not have Securities regulation as ORET is a Securities Token.

HI  Freyanalie
The protect is backed by Paraguay Mineral Mining Company (PMMSA).  PMMSA extracts and processes the gold to sell.  The holders get 45% of the Net profits of PMMSA, that is payed out to holder in Ethereum. So our customers are people that want to make a USD 0.09 monthly profit per OREToken.  You invest and we do the work. This part is better explained in our White Paper.

Hi Chavarsha

I agree with you on this point.  We have taken just over a year to get to where we are now, Paraguay Mineral Mining SA (PMMSA) is a fully registered and licensed Mineral Mining Company.  PMMSA is regulated by the National Department of Mining & Energy.

We saw in the past so many projects in the past with the same idea but turned out to be a huge scam. Why this project is different?

Most of the scam ICO's start with a fake team but key team members of this project already verified on icobench. You may check here - https://icobench.com/ico/oret

Also, Read the replies from CEO -

In my opinion, if everything is implemented, the project will be amazing.  The most important thing is to implement the project as ROADMAP.  Decided to join your project. I hope the development of the project will be excellent.

Well, This project is a little bit different from any other project. Cryptocurrency with the gold extraction, two heavyweight platforms in a single frame. I think people will love it. 

It's nice to see that when a company has the intention to distribute almost 45% of the net profit to their Token holders, In this way, investors will get attached to this OREToken project. Now the question goes to the credibility of this project.

When the Token of this network will be distributed?
And how we can get access to this project?

They are going to distribute their OREToken after the end of the ICO,
If you want to be a part of this project then you have to invest and get an ownership of this OREToken.

You need to acquire a large amount of land looks forward to mining, So have you yet decided where will you go acquisition of the land, Is it Paraguay?
And when will it start digging for the Gold?

Hi kinchit
Depending on the amount of funds raised, we will be acquiring between 10 to 43 hectares on top of the main gold vein.

Yes the mine is in Paso Yobai, Paraguay. Here is a link to Google Earth to see the exact location earth.app.[Suspicious link removed]/wAwbxV  It is a pity that Google has used a photo after some heavy rains.

I recommend that you read our White Paper. In the WP you can find details as to the location and satellite view of the mine, plus all the details. https://www.oretoken.io/docs/ORET-Whitepaper.pdf (https://www.oretoken.io/docs/ORET-Whitepaper.pdf)
Mining will start in at the end of February 2019. Ore will be processed in the already existing Pilot Plant. The Main Processing Plant will be up and running in August 2019.

PIC OF LOCATION
https://i.imgur.com/VL05Vxa.jpg

You are calculating that you will be able to generate more than 4K USD within 12 months through the investment of 5K USD on this project, how will you bring that amount of profit?

They are trying to calculate the profit based on the cost and benefit of Mineral Ore mining, per hour mining ore and extracting gold from this hourly effort. That's why they have calculated this amount of profit.

That's a nice idea, I think this plan will work following your tentative working schedule, I think it will be the most important task to select a good area because it costs a huge money.

I think gold mining is not more profitable than cryptocurreny mining, day by day the gold price also decreasing as like blockchain platform, so Bitcoin or other cryptocurrencies mining will bring more profit in the future.

I agree with you on this point but this OreToken will be run based on the blockchain system. they are trying to raise their money through an ICO and they will provide the share of mining Gold against the Token so far I can understand.

It's really a unique project which will provide a feasible opportunity to invest in a profitable platform through the mineral mining, Following their calculation 45% profit will be distributed among the token holder.

How an investor will receive his or her profit? I mean the way of getting, Is it BTC, ETH or anything else?

Ethereum will be used as a profit-sharing purpose, every token will be stored in the ERC-20 wallet with a private key. in this way, they will get their profitable share by this system.

This OreToken has formed a good team and made a good planning of extracting gold from mineral mining. I hope that will be a great idea by using this blockchain system for creating a large amount of fund.

Not only that but also they've done a geological survey related to the mineral mining of the purpose of acquiring a good land and position in order to exploit a heavy figure of gold. that's a nice way of getting profit.

I think their strategy is already ripe before starting this project. and must require a survey that really can bring benefits if done. all of that is not easy and requires a long process. good luck

Why OREToken will not be distributed to the team member or related any person? Is there any hidden premise to this issue? so far I have gathered experienced, I haven't noticed such type of strategy.

Wow, of the total profit, They will aside 10% of the fund for the future unexpected costs or any kind of expense. this type of planning will work when it faces any urgency.

When the ICO will start and end, I mean when the token will be distributed? Is there any tentative date regarding this issue?

No American or Chinese will not be able to purchase its token, I think it will cost a huge margin. A lot of investors will come from these locations but unfortunately, they will not get engaged in this project.

I think this will be difficult when GOLD and digital assets become together, because these are two different things. this is develoment which is impossible

the more projects that bring the concept of gold mining with blockchain technology that sprang up and saw that from projects with the same theme that already existed I felt the potential for success would also be found by this project provided the team was serious in managing and building this project. hopefully in the future success can be achieved.

Hi,
the ICO stage started on November 1, will end on January 31, the tokens will be distributed at the end of the ICO stage.

Hi,
I do not see it very difficult, what ORET wants to do is raise funds to set up a gold processing plant. After the company is 100% working, it will share 45% of its net profits with all the token holders. 45% of the profit is converted into ETH and distributed to all the people who have ORET in their wallet, by means of a weekly snapshot.

Hi,
The ORET team created this ICO in order to grow the company dedicated to gold mining (Paraguay Mineral Mining S.A.). The members of the team already have their profits within the company and we have decided not to take profits from the ICO and offer profit to their investors. What the team wants is to see its investors grow as we do.
We want to do the right thing, as it should be in the business world. You invest and we do the work.
Fair share rule.

the project is so interesting I really want to have your token
what is the price of 1 token ????

Hi
One OREToken is USD 0.545

OREToken is going to be a good platform based on ERC-20 which will raise its fund for the purpose of collecting gold by mining a mineral source, so far I know it's a unique project in this blockchain system,

Is there any feasibility test or analysis regarding this project? I think this analysis should be brought to the user for making understand clearly about making a decision for trading or investment.

What do you think about this market situation? How do we adopt this unfavourable condition?
throughout this situation, will it be a good decision to enter this volatile market?

OreToken project will distribute its profit on a weekly basis through Ethreum, I think token holder will get interested when this ICO will end, at first, some people will take time to be engaged with this project.

When its bounty program will be started? I am sure bounty program will bring a good result for the promotional purpose. according to its whitepaper, 1000,000 ORET will be used for the bounty purpose.

BOUNTY IS ALREADY STARTED

YES!!!! NO REPORTING

there will be many who are interested in this project, if all the teams involved are always working together compactly and the intense promotion of this project is certainly for success I think it will be achieved, and investors will not hesitate to join.

I agree with you if all the teams involved here always work together with enthusiasm and compact there will be no doubt for investors to join this project because they are confident that the team will always work well to succeed this project. Good luck always for the future of the project this.

Reasons to buy ORET:
1 - the price of ORET is fixed at dollar
2 - when you invest in ORET you get 45% of the profits of PMMSA no matter how the market is, it does not matter if ETH went up to 2k usd or low to 10 usd.
The investor receives his profits in ETH corresponding to the net profits in USD of the company.
3 - The net profits of PMMSA become ETH and are distributed instantly. That means that it does not matter how the market is. One will always receive what corresponds to their earnings in dollars = ETH.
4 - If the crypto market is down, the investor will receive more ETH, if the market is up, the investor will receive ETH, but always the equivalent in USD.
5 - In addition to the weekly gains of PMMSA, profits are also obtained when the price of ORET rises.
6 - the price should go up a lot, because each investor must have stored their ORET in an erc-20 wallet to obtain the profits, they must be there at the time of the snapshot every week, they should not sell their tokens.

it's very appropriate, indeed we like a project that every day develops to a better project and then provides a number of the latest updates for us.

Will your team be conducting any online events, such as webinars, Q&As, or AMA on Reddit?

They have formed a good team that will play a great role in the mining sector, Most of them have a sound experience in extracting gold. so they could be dependable for a lucrative profit.

with due respect, They should have good geological data regarding the analysis of mining issue, Not only that but also a sample survey would be a good factor for gaining a good outcome.

Yeap, they have found a statistical data about the exploration of the area, they have a realistic calculation of exploring gold from the combination of Ore, it's possible to get an amount of gold 7.5 g from 999 ton of gold ore.

That's why it's a potential project for the investment purpose, It will be a great opportunity to invest and proud part of this project. Since this is a related to the blockchain system, so it will bring a bright opportunity to get a good feedback.

Excellent, OreToken will be a blockchain based Mining platform which fund would raise from this system, I think Blockchain system is getting spread out all short of the necessary side of our daily life. It's a good sign.

Blockchain technology is growing and the wider their range is now proven that there are many gold mines that are managed with blockchain technology and hopefully in the future there will be more support for this project so that the target can be achieved and the project can be developed better.

yes, you are right, so if this blockchain technology is developed in the hands of experts of course in the future it will be able to benefit many people and I think if they succeed in combining gold with blockchain technology of course in the future they will could boost their crypto coin prices.

It seems like we don't need to worry about this one project because this project is managed by a reliable team so I feel that success will not be doubted, and I think there will be many investors who are interested in this wonderful concept, always looking forward to the future of the project this is better.

458,715 ORETs were sold at their sales, I saw their softcap 4,587,000 ORET, and this is still so long,
hopefully the remaining sales of OREToken can sell at least softcap!

I encourage the Polish community to discussion about this project in the Polish thread: https://bitcointalk.org/index.php?topic=5082052.0

Still, there are 50 days for the ICO of this project, In the meantime, It has raised almost 461,928 ORET. So the popularity of this project has been recognized so far.

One thing you can't deny that the demand of Gold always remain a stable position in the real world so gold mining with Blockchain is a unique idea. I think it might be a good combination in terms of market demand.

It's really a good initiative that the investors will receive more than 45% of the total profit from Paraguay Mineral Mining company which is related directly gold extracted segment.

when this project will work in a full swing? and When land acquisition will be started? is there any tentative location regarding this issue?

Hi NEWICO INVESTOR
The project will be fully operational in August 2019
The acquisition of land will begin in February 2019, if everything goes according to plan and if the soft cap is reached, otherwise the ICO stage will have to be extended a little more to reach the goal of funds raised.
All these details are explained on the website and on our whitepaper.

I don't imagine if that happens, will the price of this token also be like gold? ,
this is quite interesting to follow

actually, there has been a concept project like this before but I have not seen that their tokens are very promising and my hope is that this project can get a lot of support from investors later so that the target can be achieved.

even though you say but in my opinion, each project has a different team and I am sure that this project team can better manage the project so that in the future the price of their tokens will be of quality and that is certainly what we all expect.

I gotta agree, I have also seen many many gold and blockchain projects, but I hope you will be sucessfull

Hello Community,

How are you doing?

We want to make announcement that we have successfully added one more project OREToken on our website.

you can check review by clicking on link

https://icoresearch.in/oretoken/



IN THIS review you will be able to see

Team analysis

Product analysis

Future analysis

Social media ( Twitter analytics using R studio )



Thank you

team icoresearch

#socialmedia #cryptocurrency #twitter #analytics #r #currency #eth #icos #reviews

OREToken detailed review

https://medium.com/@jatinderkmr729/oretoken-detailed-review-1c3ed69eeeb4

Project faild?