Method and system of real time valuation of unmined gold deposits for tokenization
AssigneeNatGold Digital Ltd.
InventorAnthony Wade Wile
Life of this patent
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AssigneeNatGold Digital Ltd.
InventorAnthony Wade Wile
Estimating the term…
A computer-implemented method for determining a valuation for the tokenizing of verified unmined gold deposits. The systems and methods include receiving, via a graphical user interface, proof of title documentation for an unmined gold deposit. Resource verification documentation compliant with at least one regulatory standard corresponding to the unmined gold deposit is received. A real-time All-In Sustaining Cost (AISC) index that provides a continuously updated weighted global average of gold production costs is accessed. A net present value associated with the unmined gold deposit is calculated based at least in part on the real-time AISC index. Based on the net present value, a total quantity of distributable tokens is determined. A set of distributed tokens representing fractional interests of the net present value is issued. The issuance of the set of distributed tokens is recorded in a distributed ledger maintained across a set of validating nodes.
A method comprising:
A non-transitory computer-readable storage medium including instructions that when executed by a processing device, cause the processing device to perform operations comprising:
A system comprising:
Dependencies are inferred from the claim text.