What is Goldfinx (G1X)?

Goldfinx is a financially viable and revolutionary platform that helps small-scale gold mining. The platform aims to assist small-scale gold miners in using socially conscious and sustainable mining practices that have less impact on the environment. The platform aims to provide miners with the most modern equipment and infrastructure to make their operations more profitable and make them safer for themselves, their communities, and the environment.

Today, gold miners have little choice except to sell their gold production locally at meager prices, often as low as 40 percent. The benefits to the miners are evident because GoldFinX's business strategy includes trading the entirety of its production at international pricing. The platform enables the mining promoter to design, select, and negotiate the best equipment and technology for the job. Aside from the socio-environmental issues, the critical benefit of GoldFinX's extraction engineering solution is the production throughput.

According to its whitepaper, GoldFinX prefers mobile station units for mineral extraction because they are more efficient and flexible. It has the advantage of better assigning compact extraction equipment, rapidly responding to easier access, rainy seasons, geological slope, and so on. The platform's blockchain solution guarantees complete transparency of all transactions using its native token, ensuring that gold production can be tracked from extraction to sale. As a result, miners will benefit since they'll be able to sell their documented production on the official worldwide market at the same price as multinationals in the field.

G1X is an ERC 20 and BEP 20 utility token of the platform. BEP20 is a Binance token standard that enables users to utilize fungible tokens or cryptocurrencies on the Binance Smart Chain. The token is intended to raise funds in the booming and exciting world of cryptocurrencies. The token is used to commerce with local and foreign suppliers, employees, and government agencies.

History of Goldfinx (G1X)

Goldfinx was founded by Philippe Bednarek in 2020. The token's total supply stands at five billion G1X.