InnovaMinex (INХ) - ICO rating and details

About Team Milestones Financial Ratings White paper

About InnovaMinex

It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs.

This will allow buyers to verify the origin of the metal they have acquired, insuring that the extraction is legal, that the environment has been protected at all times, or that it cannot be used for money laundering, since all transactions are registered and the whole community has access to them.

Our ultimate goal is making gold and other precious metals more accessible to all the people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.

Ratings

Clemen Chiang

3Team

3Vision

3Product

21%weight

Soft cap 10,000,000 USD
Hard cap 52,500,000 USD

This team is too lean to deliver a US$10 million soft cap. Where are the advisors?

I'm willing to revise this rating if the team responds.

All the best!

+1Agree

-1

-2Disagree

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InnovaMinexICO team member replied on 1 Nov 2018

Good afternoon, Mr. Chiang

Thank you for your review!
We would like to draw your attention to two things:
InnovaMinex - is an operating company that currently has working mines (you can find detailed information https://innovaminex.com/minex/). We can hardly be called "too lean" - we do not just designate the figure that we like and call it Soft Cap - we set ourselves a goal, focusing on our experience and knowledge in this area.

We are still developing our community and advisors team. We will add our new advisors as soon as they will join the project (we are currently negotiating with several advisors). But we don’t want to just pay money to people who have some weight in the crypto community in order to simply place their photo on the website - we will add to our team only those people that bring the value, stream, synergy and purpose to our project. It seems to us that this is the right approach, which will allow our project to become successful and we do not plan to change it.

Best Regards,
INNOVAMINEX TEAM

James Sowers

Ico adviser
Rated on Nov 11, 2018

4Team

5Vision

3Product

19%weight

commercialization is done through our e-commerce, partner stores and our own ATMs. InnovaMinex will give buyers the opportunity to verify the origin of the metal that they acquire. Buyers will be able to obtain assurances that the extraction of metal is legal, that the environment has been protected, and that transactions can not be used for money laundering. All are registered and the whole community has access to them.
This is good process who are the partners ?

Agree

Disagree

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Anthony Manfre

Founder TOTS | Strategist | Consultant | ICO | STO
Rated on Oct 31, 2018

3Team

4Vision

3Product

12%weight

The vision has a positive narrative as gold and precious metals hold significant global value. The white paper is detailed but doesn’t address how big the problem of accessibility and traceability actually is and how Innovaminex will manage the relevant risks involved in solving and penetrating the global market opportunity.

Project is also light on the advisors and community.

Hardcap > $50m- too high especially when no MVP is available as yet.

Agree

-2

-2Disagree

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InnovaMinexICO team member replied on 1 Nov 2018

Hello Anthony,

Thank you very much for your review. You might not notice some important points about our project that you stated in your review. We would like to clarify them:
• Our global task is to use the blockchain technology to make the process of mining gold and precious metals as transparent as possible. We also would like to show our customers that our metal is completely eco-friendly and ethical.
• Already at this stage, we have the opportunity to work in a partnership with local communities, paying them fair wages. We can show the proof of it in any ways by the request (making a real trip to our mines or through real time video streaming). We have nothing to hide.
• In the tokenomics of our project, the mechanism of operation of our token is described in details. Please read: https://innovaminex.com/docs/tokenomics-en.pdf
• Our project has MVP - we are an operating company, which currently has working mines (here you can find detailed information https://innovaminex.com/minex/)

• In terms of advisors. We are working on it now and soon you will see some awesome people joining us. We are very selective with choosing advisors. We are not like other ICOs. We do not buy advisors faces just to stay on the website. We will add only those that bring the value, stream, synergy and purpose to our project.

• We develop our community without using AirDrop, because we do not want to devalue our coin by handing it out to those who just add not relevant comments. We already have a strong community of people interested and supporting us in the development of the project not only online but also offline.

Best Regards,
INNOVAMINEX TEAM

Benchy

ICO analyzer bot

4.9ICO Profile

47%weight

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Press Releases

Team

Apply as an advisor

Fernando García Sanz

CEO (Chief Executive Officer)

Rafael Enríquez

CINO (Chief Innovation Officer)

Baloch Asif

Blockchain Director

Paco De Benito

CCO (Chief Communication Officer)

Paco Montero

CSO (Chief Strategic Officer)

Julio Pérez-Tomé

CMO (Marketing Officer)

Ignacio Naveilhan

Full-Stack Developer

Jaime Valero

CAO (Chief Administrative Officer)

Jaime Krahe

Trade Manager

Raúl Berlanga

CFO (Chief Financial Officer)

Richard O'Rourke

U.K. Market Representative

David Olaya

CLO (Chief Legal Officer)

Vincenzo Giorgioni

Head of institutional relations

Iván García

CIO (Information Director)

Manuel del Palacio

DPD (Data Protection Director)

Rafa Páez

Brand Manager

Andreas Oti Nilsson

Market Analyst

Samantha Aranda Bendicho

BENELUX Ambassador

Kate Bublik

Marketing Advisor

Mohammed Alsehli

Blockchain Advisor

Financial

Token info

Token

INХ

Platform

Own

Type

Own

Price in ICO

0.5000 USD

Bonus

Phase 1	30%
Phase 2	24%
Phase 3	16%
Phase 4	10%

Tokens for sale

210,000,000

Investment info

Min. investment

1 INX

Accepting

BTC, BCH, ETH, LTC, DASH, ETC, USDT, XRP

Distributed in ICO

70%

Soft cap

10000000 USD

Hard cap

52500000 USD

Milestones

2013

Searching for mining prospects: Direct investment is achieved for Verada Guayaquil project. Six other gold mining concessions are negotiated.

November 2018

Initiation of the assembly plant at the Guayaquil project. Additional explorations conducted into the Vizcaya project. The hoarding of minerals begins.

November 2018

On the 26th the official sale of INX begins. There will be 4 phases with different types of discounts up to 30%. It will last until January 21st.

December 2018

INX will be listed in several exchange platforms and ATMs worldwide.

January 2019

Our e-commerce for the sale of gold and silver is launched (launch of the marketing campaign to create awareness for our innovative products).

February 2019

Initiation of the refinery and start of the refining of gold with other mines and associations.

April 2019

Beginning the assembly of the Bolívar 2 project plant. This is the second plant of InnovaMinex.

April 2019

InnovaMinex ATMs: Precious metals commercialization and start-up of the first ATMs selling gold, INX and other cryptocurrencies.

May 2019

Opening of the mine entrance for the Vizcaya project and hoarding of minerals.

June 2019

The plant at the Guayaquil 1 project starts operation and the construction of the beneficiation plant at the Bolívar 2 project begins, in addition to mineral hoarding.

August 2019

The assembly of the beneficiation plant at the Vizcaya project starts. The rehabilitation and construction of the main galleries at the Antioquia 3 project begins.

September 2019

Commercialization of our gold and other precious metals, processed by our refinery.

May 2020

The extraction and stockpiling of minerals at Minex 7 begins, as well as the construction of the main galleries, extraction and stockpiling of minerals in Minex 12.

June - July 2020

The beneficiation plant at Antioquía 3 begins operations, and the construction of the Minex 7 plant starts.

February - September 2021

The Minex 7 plant starts operating and the construction of the Minex 12 beneficiation plant commences. The hoarding and construction of the main tunnels of the Tolima project begins.

InnovaMinex

1 Blockchain of Precious Metals Mines

About InnovaMinex

Ratings

Press Releases

Team

Fernando García Sanz

CEO (Chief Executive Officer)

Rafael Enríquez

CINO (Chief Innovation Officer)

Baloch Asif

Blockchain Director

Paco De Benito

CCO (Chief Communication Officer)

Paco Montero

CSO (Chief Strategic Officer)

Julio Pérez-Tomé

CMO (Marketing Officer)

Ignacio Naveilhan

Full-Stack Developer

Jaime Valero

CAO (Chief Administrative Officer)

Jaime Krahe

Trade Manager

Raúl Berlanga

CFO (Chief Financial Officer)

Richard O'Rourke

U.K. Market Representative

David Olaya

CLO (Chief Legal Officer)

Vincenzo Giorgioni

Head of institutional relations

Iván García

CIO (Information Director)

Manuel del Palacio

DPD (Data Protection Director)

Rafa Páez

Brand Manager

Andreas Oti Nilsson

Market Analyst

Samantha Aranda Bendicho

BENELUX Ambassador

Kate Bublik

Marketing Advisor

Mohammed Alsehli

Blockchain Advisor

Financial

Token info

Bonus

Investment info

Milestones

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