One of the first cryptocurrencies backed by a Gold Mining Company.
Paraguay Mineral Mining SA (PMMSA) has created the ORET Token to raise the necessary funds for the acquisition of the Land, Concessions and Machines for extraction and recovery of Gold.
ORET Token is a unique project, that will give you the opportunity to invest in a company dedicated to the extraction and recovery of GOLD. 45% of the Net profits will be distributed among the Total Supply of ORET Tokens. Once Paraguay Mineral Mining SA is operational, all the gold mined by the company is sold in US Dollars. 45% of the Net Profit is converted into Ethereum. All ORET Token Holders will receive their dividend in Ethereum. A weekly Snapshot will be used to see which Wallet Addresses hold ORET Tokens.