Staff Insights

OroEx Corp., based in New York, NY, is the founder and exclusive operator of the NatGold ecosystem, a comprehensive hybrid ledger/blockchain-based platform that facilitates the tokenization, storage, distribution, and global trading of NatGold coins within a DeFi framework. OroEx ensures that all components of its operations are fully auditable, transparent, and strategically managed.

The NatGold ecosystem encompasses several key components:

NatGold Digital Vault: Actively facilitates the tokenization process and safeguards all related documentation by securely recording and managing tokenized assets.

NatGold Bilateral Bridge: Facilitates seamless interactions between the ledger system and blockchain networks.

NatGold Multichain: Supports the global distribution, storage, and trading of NatGold coins.

NatGold Media DApp: Delivers continuous communication and updates on the NatGold industry within the DeFi universe, keeping stakeholders informed and engaged.

Each component works in concert to ensure a secure, transparent, and regulatory compliant environment, making the NatGold ecosystem the essence of the global NatGold industry.

FAQs

With respect to NatGold, why is tokenization often referred to as “digital gold mining”?2024-04-20T23:36:49+00:00

Tokenization, in the context of NatGold, is aptly termed “digital gold mining” because it transforms the concept of mining by moving the process from the physical world to the digital sphere. This innovative approach represents certified gold resources as digital tokens, known as NatGold coins, on a blockchain. Unlike traditional gold, these digital tokens can be traded, sold, or held as investments, mirroring the functionality of physical gold but eliminating the environmental degradation associated with gold mining.

By enabling the virtual exchange and holding of gold resources, this method pioneers a sustainable, efficient, and ESG-friendly avenue for harnessing the monetary benefits of gold. It sidesteps the need for physical extraction, offering a contemporary solution that aligns with global sustainability goals. The term “digital gold mining” thus encapsulates this modern process, highlighting a shift towards a more responsible and innovative way to value and interact with gold in the digital economy.

Why are NI 43-101 certification standards essential in NatGold legislation?2024-04-20T23:30:11+00:00

Certification standards play a pivotal role in the NatGold ecosystem, with only titles containing certified gold resources under the National Instrument 43-101 (NI 43-101) Standards of Disclosure for Mineral Projects being eligible. Established by the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), NI 43-101 certified gold resource reports are the benchmark in global gold mining and finance and the most widely accepted reporting standard by all major world stock exchanges.

The meticulousness of NI 43-101 in auditing and validating the existence of gold resources ensures unparalleled reliability, making it the most trusted metric for mining financiers worldwide. This level of certainty and quality is crucial for NatGold legislation, ensuring that only the most accurately quantified and scientifically backed gold resources are tokenized, maintaining the highest standards of integrity and trust in the NatGold ecosystem.

How significantly has Canada’s NI 43-101 Technical Report influenced the design of CRIRSCO’s International Reporting Template (IRT)?2024-04-20T23:41:36+00:00

Canada’s National Instrument 43-101 (NI 43-101) has had a significant influence on the design of CRIRSCO’s International Reporting Template (IRT). Developed by the Canadian Securities Administrators, NI 43-101 sets stringent guidelines for the public disclosure of scientific and technical information related to mineral projects, which emphasize transparency, accountability, and detailed reporting. The comprehensive nature of NI 43-101, particularly its rigorous requirements for Qualified Persons and its structured approach to defining mineral resources and reserves, served as a model for many of the principles incorporated into the IRT.

This influence ensures that the IRT aligns with the high standards of reporting established by NI 43-101, facilitating consistency and comparability among international mining reports and aiding in the global harmonization of mineral resource and reserve reporting standards. This alignment is crucial for fostering trust and confidence among investors and regulators in the mining industry worldwide.

What are NatGold Miners?2024-05-03T15:38:38+00:00

NatGold Miners, often called natural gold or green gold miners, are primarily gold exploration companies or producers that focus on developing new or acquiring existing gold deposits with National Instrument 43-101 (NI 43-101) certified resources. Operating within jurisdictions with NatGold legislation, their main activity is “swapping or exchanging” mining titles for an equivalent quantity of NatGold coins through tokenization. This method bypasses traditional gold mining by utilizing legal frameworks that allow the digital tokenization of in-ground gold resources. Consequently, these resources are mined digitally in an ESG-friendly manner, avoiding the negative environmental and social impacts typically associated with physical extraction. This process effectively unlocks gold’s monetary value without the detrimental effects. NatGold Miners are instrumental in the expansion of the NatGold ecosystem, fostering the sustainable and digital monetization of gold resources.