Home2024-04-23T16:45:03+00:00

The Dawn of a New Golden Era

Discover a novel ESG-friendly digital mining process that is set to transform the landscape of both gold and digital assets, culminating in a truly viable, intrinsically backed digital currency alternative to fiat money—NatGold.

Expert Analysis

FAQs

What is the NatGold Multichain?2024-04-21T19:44:31+00:00

The NatGold Multichain is an advanced blockchain architecture within the NatGold ecosystem, designed by OroEx Corp. to enhance the functionality and scalability of NatGold coins. It comprises a primary public blockchain and several interconnected sidechains or Layer 2 solutions.

Primary Public Blockchain: This is the main blockchain where NatGold coins are initially issued and managed. It records all primary transactions, smart contracts, and operations related to NatGold coins, serving as the foundational layer of the system.

Sidechains and Layer 2 Solutions: These are secondary frameworks connected to the main blockchain. They are specifically designed to increase transaction capacity and speed by processing transactions separately from the main chain. This helps alleviate bottlenecks and reduces transaction costs, making them more economical, especially for frequent or smaller transactions. Additionally, these sidechains allow for the testing and implementation of new blockchain technologies and protocols that may not be feasible on the primary blockchain.

Interoperability and Flexibility: A key feature of the NatGold Multichain is its emphasis on interoperability, which allows different blockchain networks within the ecosystem to communicate and interact seamlessly. This interoperability is crucial for broadening the usability and functionality of NatGold coins across various platforms and applications. It also offers users a greater flexibility in wallet choices, enabling them to select a wallet based on their preferred blockchain, considering factors such as security features, transaction costs, and user interface.

Cross-Chain Technology: Utilizing blockchain bridges and similar technologies, the NatGold Multichain facilitates the transfer of NatGold coins between the primary blockchain and other blockchains within the ecosystem. This ensures that NatGold coins maintain their value and functionality across different blockchain environments.

Practical Implications: For users, the NatGold Multichain structure enhances the overall experience by offering faster transactions and lower costs. It allows users to interact with NatGold coins in diverse environments and seamlessly return to the main blockchain when necessary. From a broader perspective, this architecture significantly increases the market reach and adoption of NatGold coins, enabling users on various blockchains to engage with and utilize NatGold coins without needing to switch to a new blockchain system.

What is Regulation S-K 1300? How important a role did CRIRSCO’s International Reporting Template (IRT) play in its development?2024-04-20T23:39:39+00:00

Regulation S-K 1300 is a set of regulations implemented by the U.S. Securities and Exchange Commission (SEC) to modernize and improve the disclosure and reporting standards for mining properties. It replaced the previous Industry Guide 7, aiming to align U.S. reporting requirements more closely with global standards.

CRIRSCO’s International Reporting Template (IRT) played a significant role in the development of Regulation S-K 1300. The IRT provided a framework that helped harmonize the various national and regional reporting standards into a globally accepted guideline. This alignment was crucial in informing the SEC’s approach, ensuring that S-K 1300 would facilitate greater consistency and comparability in the reporting of mineral resources and reserves, aligning it more closely with international standards and enhancing the transparency of disclosures to better serve global investors.

Why do U.S. Patented Land Claims align with NatGold legislative policy, enabling them to qualify for NatGold tokenization?2024-04-21T13:15:45+00:00

U.S. Patented Land Claims align well with NatGold legislative policy primarily because they provide comprehensive ownership rights that include both surface and subsurface mineral rights. This dual ownership structure allows holders to fully control their property without the complications of ongoing fees or royalties that are common with traditional mining titles. Moreover, the associated costs, primarily property taxes, can be significantly reduced or even eliminated by severing the subsurface rights from the surface rights, thereby assigning the tax liability solely to the surface rights holder.

Additionally, these claims are perpetual and fully transferable, which are crucial attributes for the NatGold industry. The perpetual nature of these claims ensures that there are no expiry dates on the rights to the resources, aligning with NatGold’s requirement for a stable and lasting resource base. The ability to freely transfer these claims supports the continuity and integrity of title transfers, a fundamental requirement for tokenizing these assets within the NatGold ecosystem. Together, these features provide a stable foundation for the NatGold industry, facilitating the seamless integration of real-world gold resources into the digital economy.

What is the International NatGold Council?2024-04-20T23:26:47+00:00

The International NatGold Council, initially known as the International Green Gold Council, was founded in December 2023 in Geneva, Switzerland, by New York-based OroEx Corp. as a Swiss commercial foundation.

Structured as an independent governing body, the Council functions separately from industry participants, including its founding entity, OroEx Corp. Its Board of Directors consists of an exceptionally experienced and diverse team of individuals with international expertise.

Are NI 43-101 Technical Reports considered the “gold standard” among international financial community?2024-04-20T23:32:21+00:00

Yes, NI 43-101 Technical Reports are often considered the “gold standard” within the international financial community for mineral project reporting. This reputation stems from their rigorous standards for transparency, accuracy, and detail in reporting mineral resources and reserves. Developed under the guidelines set by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), these reports require comprehensive disclosure and are overseen by qualified professionals who must adhere to strict ethical and professional standards.

The NI 43-101 Technical Report is the preferred choice for mining financiers worldwide when assessing potential funding for mining operations. As a result, NI 43-101 reports are uniquely recognized and accepted by all major global stock exchanges, further solidifying their status as the most widely trusted and authoritative source for certifying gold resources.

The higher degree of certainty and reliability associated with NI 43-101 reports, as compared to other international standards, ensures that investors, financiers, and other stakeholders have the most dependable information at their disposal when evaluating the potential of gold mining projects. This level of trust has established the NI 43-101 reports as the benchmark for gold resource reporting, thereby justifying their recognition as the “gold standard” in the industry and the only standard acceptable for tokenization into NatGold coins.