Litepaper
  • Introduction
  • Mission
  • Vision
  • Artisanal Small-scale Gold Mining (ASGM) Industry Context
    • Limited Access to Traditional Finance
    • Social Exploitation
    • Environmental Degradation
    • Economic Inequality
    • Lack of Transparency and Corruption
  • The LAXMINT Solution
    • Initial Focus: Financial Inclusion and Capital Accessibility
    • Smart Contract Automation
    • ​ Token and Technology Overview
    • Evolution of the Solution
    • Future Technology and Ecosystem Expansion
    • Strategic and Practical Considerations
  • LAXMINT Target Ecosystem Communities
    • Mining Potential of Africa
    • Why Start in Africa?
    • Path to Global Expansion
  • LAXMINT Tokenomics & Token
    • Token Categories
    • Token Allocation
  • LAXMINT Impact and Community Projects
    • Community Empowerment
    • Environmental Sustainability
    • Collaboration and Ethical Practices
    • A Force for Change in the Industry
  • LAXMINT Project Roadmap
  • The LAXMINT Team
    • Blockchain Expertise
      • Mining Industry Veterans
      • Advisory and Support Team
      • Commitment to Excellence
  • Conclusion
    • Legal Disclaimer
  • Contact Information
Powered by GitBook
On this page

Artisanal Small-scale Gold Mining (ASGM) Industry Context

The Artisanal Small-scale Gold Mining (ASGM) sector significantly impacts the global economy, contributing approximately 20% of the world’s annual gold production, equating to an estimated $30–40 billion annually. Globally, ASGM provides livelihoods to an estimated 15–20 million people directly, with nearly 100 million more dependent indirectly on the sector. Despite its economic importance, the industry faces substantial challenges that hinder sustainable growth, ethical practices, and fair distribution of wealth:

PreviousVisionNextLimited Access to Traditional Finance

Last updated 12 days ago