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Ratings InnovaMinex

1 Blockchain of Precious Metals Mines

InnovaMinex 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. 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. Our ultimate goal is to get the best possible price for our clients and for our community, with emphasis being placed on the transparency and safety of all transactions conducted.

3.7
6 5 expert ratings
Benchy 4.4
KYC
Experts
3.2
4.0
2.8
View rating distribution
~$4,000,000
value of tokens sold in ICO
Ended
Token
INХ
Type
Price in ICO
0.5000 USD
Country
Whitelist/KYC
KYC & Whitelist
ICO start
26th Nov 2018
ICO end
26th Jan 2019
Visit ICO website
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Nov 1, 2018
3
3
3
16%

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!

+2Agree
-3
-5Disagree
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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
Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Dec 4, 2018
3
4
3
15%

Team is Strong and Very Experienced but I find lack of Developers on the team other wise everything is good. I found the vision is very Interesting working on Precious Metal industry is very big No doubt About it but I don't Find any Kind of MVP. I found a Website where you can buy or sell Gold bars and others looking forward to see team Progress in Future.

Agree
-2
-2Disagree
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James Sowers
Ico adviser
Rated on Nov 11, 2018
4
5
3
15%

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 ?

+1Agree
+1
Disagree
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InnovaMinexICO team member replied on 19 Nov 2018
Hello James,

Thank you very much for taking your time and reviewing. We would like to point out you attention on 3 main things:

1. Our team has a great experience:
a) In the gold mining sector (the "minex" part).
b) In the cryptoeconomics field (the "innova" part).

All the members of the team are professionals capable of getting the project to achieve the best results.

2. We offer a product that is:

a) Lucrative: It is gold and other precious metals. Always profitable.

b) Socially attractive:
- Always in fashion, it never goes out of style.
- It is interesting for ALL pockets (by buying with INX, gold is purchased at a more affordable price for all profiles).

c) Socially ecological: we care about maintaining and improving the quality of the environment of the place where it is generated. We support crop initiatives proposed by the communities where the deposits are located.

d) Socially responsible: we watch over the rights of the people who exploit the mines, take care of their professional growth and of the good development of their families.

It is a product with which we intend to help many people (clients and workers) to get into the welfare society.

Learn more here - https://www.youtube.com/watch?v=nvnjWLgbgqI

3) All main partners that we have you can find on our website - https://innovaminex.com/
Andrei Popescu
Co-Founder of COSS.IO & SCX Holdings and Seasoned Blockchain/FinTech Start-Ups Investor/Advisor
Rated on Nov 18, 2018
3
4
2
11%

I like the idea and it makes sense as it's a perfect use case for taking full advantage of blockchain technology.
I am not convinced of the business model nor about the team experience to execute this project as there are too many moving parts: E-Commerce Platform, ATMs, Supply Chain Management, etc.
Each of the above can be a separate project by design; The vision to link up all these services and provide a full service marketplace is outstanding.
Best of luck!

+1Agree
0
-1Disagree
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Anthony Manfre
Founder TOTS
Rated on Oct 31, 2018
Modified on Feb 19, 2019
3
4
3
8%

Disclaimer: Rating and or commentary provided represents my own personal view and is not to be relied upon as advice. I am not a financial advisor nor am I registered in any jurisdiction with any financial services regulator. I provide no recommendations that any offering should be bought, sold or held. Before making financial decisions please undertake your own due diligence and consult a financial advisor.

Agree
-2
-2Disagree
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Benchy
ICO analyzer bot
4.4
35%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Fernando García Sanz
Passed
Rafael Enríquez
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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