Digitizing gold storesIn addition to gold bars and jewellery, for the first time, consumers will be able to purchase Gold tokens directly in our Gold stores, as a better way to store Gold.
Benefit from our profitsEvery quarter, Novem Gold will burn parts of NVM tokens it receives as payment for discounts to decrease the total supply in circulation.
Every quarter, Novem Gold will burn parts of NVM tokens it receives as payment for discounts to decrease the total supply in circulation.
In addition to gold bars and jewellery, for the first time, consumers will be able to purchase Gold tokens directly in our Gold stores, as a better way to store Gold.
Moreover, transfer fees of the 999.9 (NNN) token are used to cover warehouse & insurance costs, surpluses will be used for the NVM token burn.
Transfer Fee Token BurnMoreover, transfer fees of the 999.9 (NNN) token are used to cover warehouse & insurance costs, surpluses will be used for the NVM token burn.
Gold StoresNovem Gold will use money generated by the NVM token sale to launch up to 100 Novem Gold Stores across Europe's major metropolitan cities. Buy with NVM at our Gold Stores and enjoy the following discounts:
NNN TokenWith the NNN Token Novem Gold will revolutionize how Gold is bought, sold and owned, by removing barriers to purchase such as transportation, secure storage, and insurance.
Novem Gold StoresCalculation based on an average store with $20m revenue and a potential burn rate of 10% ($ 100k)
NNN weekly transaction volumeAssumption: Surplus of 50% of 0,25% transfer fees (Reference: PAXOS weekly transactions 1,200 MIO)
Now is the perfect time to purchase NVM tokens. Our token sale coincides with gold prices surging to their highest price in more than 5 years, breaking the $1,450 barrier, and has reached all time highs in various currencies. Experts suggest that the rally in gold could be a sign of an impending global economic crisis driven by trade and currency wars between the U.S., Europe, and China. The rally is expected to continue as weakening fiat currencies face inflation, debt crisis, and uncertain monetary policies. It’s a great time to be in gold, and Novem Gold is the best way to buy it.
Classification: UtilityThe NVM token constitutes a utility token because it allows customers to purchase gold and services from our company at a discount.
Token distributionIn total, 300 million NVM tokens will be minted. The NVM tokens will be distributed to private and public investors (60%), the founding team (20%), the company fund (15%), and kept in reserve (5%).
VestingThere is a vesting in place for the founding team. The founding team has a 3 year vesting plan, they can liquidate 25% right away, and then another 25% every year.
Token burnEvery quarter, Novem Gold will burn parts of NVM tokens it receives as payment for discounts to decrease the total supply in circulation.Calculate the burn
Novem Gold is partnered with some of the biggest names in technology and gold
Novem is paving the way toward making the purchase of gold simple and transparent for everyone, by removing barriers to purchase such as transportation, secure storage, and insurance. Using blockchain technology, Novem will be able to sell unlimited physical amounts of gold within seconds. The gold is traceable worldwide P2P, thus eliminating the need for intermediaries and their associated charges, so only a low transaction fee is applied to each purchase. All Novem gold is stored and insured in professional high-security gold vaults in Austria. The Principality of Austria is a popular location for the secure storage of assets because of its strong tradition of respecting private property, very good economic conditions, and its political and legal security.
A token burn is the destruction of a certain amount of tokens (or coins) in order to reduce their number in circulation. Hence, profits may be made by investors due to the created scarcity.
By using NVM tokens to purchase gold bullions, NNN gold-backed tokens, or jewellry buyers can enjoy various discounts.
The following currencies are supported: EUR, BTC, ETH, BNB
KYC is one of a anti money laundering procedure or a small part of AML and Combating Financing terrorism (CFT). KYC stands for “Know Your Customer”. It is a term used to describe how a business identifies and verifies the identity of a client. KYC is part of AML, which stands for Anti-Money Laundering
Depending on the investment a name, adress and id or further identification may be needed. Please click the Buy button to see the requirements for each level of investment.