COIN SALE TERM SHEET

GoldFinX is building an Ethereum smart contract to support the creation and sale of 1 Billion GiX coins. The coins are sold via different phases. The money raised through each phase is then used to execute Contract Mining Agreements with the chosen mines.

During Phase I in 2019, 300 Million coins are earmarked to be minted (activated) on the Blockchain and released. GoldFinX expects Phase II around 2021 and Phase III coming into effect in 2023.

NUMBER OF COINS ISSUED

PHASE 1

  • 300 Million coins minted from a total pool of 1 Billion
  • HARD CAP 250 Million coins for up to €250 Million (+50M RESERVED)

PHASE 2 & 3

HARD CAP 700 Million coins at market price (Phase II: 2021 & Phase III: 2023)

ROAD MAP TIMELINE

  • Presale ended on March 31st, 2019.
  • Pre-PCO ended on June 30th, 2019.
  • The GiX PCO (Protected Coin Offering) officially launched on July 1st, 2019.
  • Listing on public and/or distributed crypto-exchanges re-scheduled to Q2, 2020 due to Coronavirus.

GIX COIN PCO PRICE

GiX face value at PCO of 1 coin= €2

PAYMENT METHODS

  • Payment methods accepted: Bitcoin (BTC), Ether (ETH), Ripple (XRP) Tether (USDT).
  • Wire-bank transfers accepted in Euros and US Dollars
  • GoldFinX may amend the list of crypto and fiat currencies accepted.
  • Cash payments are accepted where legal, and up to the maximum authorized in the country where the transaction takes place.

PUBLIC LISTING

Listing on public and/or distributed crypto-exchanges re-scheduled to Q2, 2020 due to Coronavirus.

MINIMUM PURCHASE

The minimum purchase quantity is €1,000, or 100 Euros using Bitcoin (BTC), Ether (ETH), Ripple (XRP), Tether (USDT), PayPal, or Payoneer.

LOCK UP PERIOD

General Rule:
GiX bought and paid for before 1/1/2020 at €2 per Unit are transferable with no restriction on listing date of May 7th, 2020 onwards.

Special Conditions:

  1. GiX bought and paid for after 1/1/2020 (@€2)
    1. Transferable within 6 months from LISTING date
  2. GiX bought and paid for before or after 1/1/2020 with ANY discount
    1. Transferable within 8 months from LISTING date
  3. GiX bought and paid for through PLATINUM Program (@€2)
    1. Principal: Transferable May 7th, 2020 onwards. Monthly return will terminate on date of transfer
    2. Accumulated Monthly Return: Transferable within 12 months from TRANSACTION date.
  4. GiX Allocations (Commissions)
    1. Transferable within 8 months from LISTING date
  5. GiX Allocations (Bonus)
    1. Transferable within 12 months from LISTING date

DISTRIBUTION OF 300 MILLION COINS

  • 250,000,000 to subscribers/buyers through Pre-sale, Pre-ICO and ICO.
  • 50,000,000 to GoldFinX at no cost for Team, Advisors, Partners, Services Providers and Bounties.

USE OF PROCEEDS

  • 180M Euros (72%) to Gold mines financing
  • 25M Euros (10%) to GiX Cost of Sales
  • 20M Euros (8%) to GoldFinX' working capital
  • 7.5M Euros (3%) to GiX marketing and listing
  • 7.5M Euros (3%) to ICO cost
  • 5.0M Euros (2%) to GiX technical platform, security and wallet

SMART CONTRACT

Written in Solidity, over Ethereum platform compatible to the Ether ecosystem, and with deployment by GoldFinX in Q4 2019