Moria Ico Review

Moria Ico Review – World’s 1st Security Token Sponsored by GOLD MINE

About Moria

The token can be purchased by anyone in the world and, upon expiration of any relevant holding period, trades on secondary markets in a peer-to-peer fashion. Moria gives investors from countries anywhere in the world the ability to take part in early-stage ventures while fostering liquid markets for investors to be able to trade with one another. The secondary market trade ability means that, in many cases, investors are no longer locked into an early-stage investment until there is an exit, but instead can sell any percentage off into the market at any time, lowering the risk to investors. 

Even where there are initial lock-ups and holding periods, the peer-to-peer, global marketplace for tokens makes them superior to traditional offerings in terms of transparency, liquidity, ease of transfer, and price discovery. Initial coin offerings (ICO) became increasingly popular in late 2016 and into 2017. Moria first ICO was held by Mastercoin in July 2013, raising a respectable $500,000. Considering it was the first ICO and not many knew what an ICO was at the time, it was considered a sucess. Ethereum raised money with a token sale in 2014, raising 3,700 BTC in its first 12 hours, equal to approximately $2.3 million at the time. 

Moria Key Information

Token Name Moria
ICO start15th Jan 2018
ICO end24th Feb 2018
Hard cap50,000,000 USD
Price in ICO1.0000 USD
AcceptingETH, BTC, USD
Token SymbolGDM
Token TypeERC20
Distributed in ICO80%
WhitepaperClick Here For View Whitepaper
WebsiteClick Here For Visit ICO Homepage

The Game Change Team Behind Moria

Moria Ico Review - World's 1st Security Token Sponsored by GOLD MINE

Notice To Investors

Moria is the responsibility of every person wishing to subscribe to purchase the unsecured digitized tokens in the form of distributed ledger units (the “Tokens”) described in this whitepaper and associated documents (the “offering documents”) to inform themselves of and to observe all applicable laws and regulations of any relevant jurisdictions. Prospective investors should inform themselves as to the legal requirements and tax consequences within the countries of their citizenship, residence, domicile and place of business with respect to the acquisition, holding or disposal of these Tokens, and any U.S. or non-U.S. exchange restrictions that may be relevant thereto.

These offering documents constitute an offer of Tokens only in those jurisdictions and to those persons where and to whom they lawfully may be offered for sale. Moria offering document does not constitute an offer to subscribe for Tokens except to the extent permitted by the laws of each applicable jurisdiction. Nothing in this whitepaper is intended to create a contract for the investment in the tokens, and each potential investor acknowledges that the issuer will rely on this assertion of a potential investor’s statements with respect to compliance with the laws of the jurisdiction in which potential investor is legally domiciled.

Mining Background

Gold was first discovered in Colorado in 1858. By 1859 over one hundred thousand people were heading west hoping to strike it rich. One of those people was a fellow named John H. Gregory. He is credited with the discovery of the “Gregory Lode” in a gulch near what is now Central City. Moria gulch came to be known as “the richest square mile on earth.” The Bates Hunter and Becker Bates Mines take their names from the Bates vein that is part of the Gregory Lode. Since 1859, official tax records show that the Central City district has produced over four million ounces of gold, of which Bates Hunter produced seven hundred and fifty thousand ounces (these are tax reporting figures.)

The Bates Hunter closed in 1936 after President Roosevelt declared ownership of monetary gold to be illegal and ordered all Americans to turn in their gold in exchange for $20.67 an ounce. Moria prohibition remained until 1974 when President Ford legalized gold ownership. That year gold reached $183 an ounce. At the date of this paper, gold was trading at over $1,700 an ounce. As the mineral rights controlled by the company, especially in the Becker Bates mine and the connection to the Bates Hunter shaft are further exploited and richer veins expanded this revenue is expected to increase.

History Of Blockchain

A blockchain is a digital record of transactions. The name comes from its structure, in which
individual records, called blocks, are linked together in single list, called a chain. Blockchains
are used for recording transactions made with cryptocurrencies, such as Bitcoin, and have
many other applications. Moria First and foremost, blockchain is a public electronic ledger built around a P2P (peer-topeer) system that can be openly shared among disparate users to create an unchangeable record of transactions, each time-stamped and linked to the previous one.

Moria Token (MOR)

The Moria Token ICO was completed in February 2018 and sales of Moria continued after that date. There are now 51,551,579 Moria Tokens held by investors in digital wallets and held by the Company’s treasury. Moria continues to be an opportunity for investors around the world to fund the Company’s future potential gold mining revenue as well as the continued development of the Moria Token. Royalty payments will be made on a quarterly basis in U.S. dollars, Ether (ETH), or Moria Tokens, at the sole option of the Holder.