Initial Focus: Financial Inclusion and Capital Accessibility

Initially, the primary objective for the LAXMINT token is to serve as an innovative fintech solution. It will function as a utility token explicitly designed to raise global capital for critical exploration and geological valuation activities. By distributing these tokens internationally, we enhance financial inclusion, enabling a diverse, ethically-minded investor community to participate in and directly benefit from the ASGM sector.​

This blockchain-based funding solution effectively addresses traditional financing limitations, reduces corruption, and provides a transparent alternative to restrictive institutional financing. Clearly established governance and smart contract rules ensure transparent fund management, audibility, and capital deployment exclusively to verified artisanal mining initiatives.

At the stage of detailed asset valuation (e.g., confirmation of gold reserves), the project may explore converting the token value into an asset-backed token (ABT)—a digital asset category gaining international recognition and acceptance. An ABT would represent value directly linked to tangible mining assets, offering greater stability and security for investors. Furthermore, depending on successful mining activities and accumulated gold reserves, the project may consider issuing a secondary stablecoin, specifically backed by verified gold reserves, enhancing asset stability and investor confidence. However, these steps are clearly secondary and dependent upon the successful implementation of the initial capital-raising token phase.