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
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  1. The LAXMINT Solution

Smart Contract Automation

The technological foundation of the LAXMINT solution is blockchain-based smart contracts—self-executing digital agreements programmed with specific, verifiable conditions such as token issuance, milestone payments, and gold production distributions. Examples include:​

  • Tokens or funds are automatically released to mining partners upon successfully meeting predefined milestones, such as the completion of geological surveys and valuations.

  • Token-based rewards are triggered by the completion of valuations / specific milestones, ensuring fair and transparent distributions to token holders, investors, and community stakeholders.

  • Clearly defined vesting schedules and investor lock-up periods, coded directly into smart contracts to guarantee transparency, accountability, and predictability of returns.

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Last updated 13 days ago