Nature’s vault X Decentralized Club Ama Recap From the 28th of April
Hello, Decentralized clubbers Another AMA took place in Decentralized Club and we would like to introduce to you the AMA session with our guest phill and zach Nice from Natures Vault . The AMA took place on the 28th of April .
Now tye stage is set,
Let’s welcome our guests
We’re happy to have you guys here today,
How are you both?
Good to be here
Hello All, happy to meet everybody and talk about our project.
We’re glad you could join us
Let’s get right into it!
AMA Session Details:
Segment 1️⃣: Basic Introduction with Project team
Segment 2️⃣: 5 best Questions from Twitter Gets Answered By Guest
Segment 3️⃣: 5 Best Questions from live telegram Q&A
We have 3 segment for today
We’d be starting with the first
Basic Introduction with Project team
Kindly reply with “Done” after you’ve finished answering a particular Question to avoid being interrupted
Got it guys?
introduction questions asked by AMA host , KaptinBlack
Q1. Can you start us off with brief description about Nature’s Vault and its vision and mission?
Sure, Nature’s Vault is a company focused on accelerating the funding of impact investments aimed at combating climate change and ecosystem damage.
Our first project involves avoiding th environmental impact and carbon emissions caused by gold mining while utilizing tokenization to preserve in-ground gold deposits.
At Nature’s Vault, our focus is on the future. Beyond the climate crisis, we believe in the conservation of Natural Capital resources, which we all have a duty to protect.
Our vision is to give everyone access to investments that help protect our planet, and eventually advance us to a net zero future.
Q2. Can you elaborate on NaturesGold and Pistol Lake ?
Yes I’d love the opportunity to explain about NaturesGold. It refers to the preservation of at least 1/100th of a gram of in-ground gold found in deposits quantified by independent experts and controlled through Mining Rights that we’ve acquired as a company.
What it is really is a verifiable commitment to spare the planet of the negative environmental and social impact of gold mining by acquiring and preserving these quantified deposts in the ground
And so there are a couple steps that we take to create NaturesGold
First, we identify mineral deposits located in pristine environmental areas that have been quantified by an independent 43–101 Technical Repor t, which is the standard geological disclosure rule in Canada
Once we acquire and establish control over these mining rights, they will be held by a dedicated legal entity with a transparent governance framework to ensure that mining never occurs.
So a little bit about Pistol Lake.. That’s what we call the first gold deposit that we’ve acquired. It covers 400 acres of forests and lakes and is located about 80 miles west of the Thunder Bay area in Ontario. It holds some 150,000 troy ounces of gold and is adjacent to the Shebandowan Lake system, which is a series of lakes and waterways wheere you can find an abundance of wildlife, areas for camping, fishing and other eco-tourist activities
It’s an environmental treasure that should be protected and preserved
We love that!
Its amazing what you guys are doing
Kudos to the team! 💪
Haha yes! That’s what we’re aiming for
Thank you 👍
Q3. What’s the utility of Legacy Token and how does one aquire it ?
Since Legacy Token is linked to gold kept in the ground, it helps ensure forests, ground soil and their associated ecosystems are not disturbed by gold mining
So the utility of Legacy Token is the service of preserving gold in the ground which avoids the environmental destruction and negative social impacts as well.
Legacy Token pre-sales will actually be launching soon. We’ll keep everyone informed of our progress and timing but you can begin registering for our Whitelist now on our website
Oh and following the presale, we’re of course targeting the launch of a public sale on a Tier 1 global exchange as well as listing on a decentralised exchange such as uniswap
Any date set yet?
Yes we’re targeting Q3
We’d definitely be on the lookout! 😃
Q4. Can you tell us what are your guys next major priorities in 2022?
So our next major priority for this year would be to acquire additional mining rights and scale our preservation of gold. With the proceeds raised from our Legacy Token sales we’re targeting the acquisition of a total of 1 million ounces of 43–101 or JORC gold
We’re also focusing on the potential generation of carbon credits. When we acquire mining rights and preserve gold deposits indefinitely, there’s a permanent reduction of greenhouse gases due to the avoidance of mining.
We believe carbon offets can be generated from these mitigated GHG emissions and tokenized
Our vision is to return a share of any carbon offsets generated from avoided mining to our token holders through our staking rewards program
Or through airdrops
So stay tuned to our community and social media channels for further updates on our carbon credits!
That ends the first segment
Now the Next
5 best Questions from Twitter Gets Answered By Guest
Questions asked on Twitter for Nature’s Vault team!
Twitter Q1) From @jenneyj10
Is it possible that #NatureVault will support other blockchains in the future? What are your cross-chain convergence objectives in order to achieve widespread adoption? Could you kindly name a few major partners who contribute significantly to your project ?
We haven’t formally decided on which chain the legacy tokens will be launched during our public sale. For our private sale, though, which we just concluded, we used Binance’s BEP20 Protocol, which has crosschain bridging with other leading layer 1s
Should we switch to, say, ERC20 during the public launch, the early buyers would be swapped 1 for 1 over to the new protocol. With EVM and numerous cross chain bridging solutions for nonEVM networks such as Luna or Solana available, cross chain operability is certainlty on the horizon post launch
As for partners, we’ve already received equity funding and token purchases from traditional VCs and we’re in late stage discussions with several crypto VCs as well.
Twitter Q2) From @0jeanwayne
You mentioned that each Legacy Token is linked to real in-ground gold which is measured by “JORC” or “NI 43–101” technical reports. Can you please explain to us what are these standards? How reliable are the measurements and why did Nature’s Vault picked to use it?
We touched on it a little earlier but these are standard geological disclosure rules as governed by Canadian and Australian law. They are also used internationally as a trusted method for quantifying gold deposits. Investors large and small rely on these same rigorous standards when evaluating public mining companies.
The figures quoted in these reports are based on detailed drilling reports and comprehensive technical analysis. They are validated by geological experts and exhaustively documented. In summary, they’re widely accepted as fit-for-purpose and reliable. For this reason, we only look at acquiring mines that already have a corresponding 43–101 or JORC report
Twitter Q3) From @juhi01786
What are the attractive features in your project? What is the vision and goals in your project that you want to achieve in 2022 and beyond?
Legacy Token is “the token with a purpose”
We see it as a pioneering ESG asset class that provides the traditional benefits of a gold-linked product without the corresponding environmental destruction associated with other gold related products.
Another attractive feature is that the quantity of NaturesGold attached to each token increases over time, corresponding to the increase of gold deposits under the management of Nature’s Vault.
Our commitment is to increase our pool of preserved fold from the current level of 150,000 ounces up to 1 million ounces.
Once we’ve concluded our mine acquisition program, the amount of NAturesGold linked to each Legacy Token will have increased 6.5x
On top of these benefits, Legacy Token holders cna participate in staking programs that pay out attractive APYs.
You can find more details regarding this on our white paper, which is available on our website
“Token with a Purpose”
We don’t get to see this everyday 🤩
Twitter Q4) From @al32k
We know a lot of new projects are very attractive at first and bring different rewards but are suddenly abandoned. My question is, how do you manage projects and tokens to get a place in the market and become the best token in the cryptocurrency world?
We have a lot of things going for us.
1) Our token is linked to a real world asset, NaturesGold
2) As previously mentioned, we’ll continue to acquire mining rights with a target of achieving 1 million ounces of gold and we have that attractive staking program too, which will help support the token price over time
3) We’re allocating a significant amount of revenue towards ongoing marketing campaigns as well as developing partnerships with environmnetal and social NGOs, and other relevant stakeholders. At the risk of sounding cliche we really are trying to build a community and movement that has a significant positive impact on our world’s future.
Ultimately, we think a token with a tangible resource behind it and a clear purpose helps us stand out.
4) Finally, we have an amazing team with extensive experience that is involved in this project for the long run because we all believe that Legacy Token is innovative, impactful, and will make a difference
Twitter Q5) From @arowa32k
What are the top priorities of your
project in 2022? As we know that we
are in the bullish phase of the crypto
market now, are there any exciting
initiatives that you’re planning in the
pipeline that you can share with us?
Legacy Token is being launched on a proven gold reserve of 150,000 ounces of gold on our Pistol Lake mining rights. After launch, we plan to increase this by 6.5x, thereby signfiicantly growing the underlying asset base to 1 million ounces.
We have a very robust pipeline of new acquisitions to grow the underlying gold reserves of the Legacy Token
As I shared earlier, the potential generation and tokenization of carbon credits also have exciting implications for Legacy Token holders.
Thank you for all your Apt Answers once again,
Now we’re moving onto the last part on our schedule
Questions Asked by our Decentralized club members during live session to Natures Vault team!
Q.1 [Sumit ]
In whole Crypto Market,
I didn’t see any project that have raised their voices against Gold Mining impact on earth,
Are you the only project that is Moving in this field?
As far as we know we are the only project addressing the environmental impact of gold mining. We know of plenty of gold backed tokens but none of them are focusing on the preservation of gold in the ground and mitigating its environmental impact. Thanks for the great question.
There are many sources where CO2 emission happens, Why did you Specifically choose the Gold mining field to tackle with it?
Gold mining has many other native impacts besides CO2 emissions. It also has a strong impact on biodiversity through acid mine drainage, high water consuption, and mercury/cyanide pollution.
Q 3 [Winner Group]
Do you have any..
1- Telegram Group
3- Tiktok Channel
For this project? What Social media Can I follow to get the latest Your Project information? Please Anser me?
Q.4 [kut ta ]
what is the background, of the your project, team do you think team’s qualifications, and experience, able to support the long-term development, of the project?Tell us something about this?
The roots of NaturesVault are actually in the mining industry. I personally have over 20 years of experience in various industries, including mining. However, I’ve wanted to shift my focus towards the younger generation. Our team is also made up of geologists, sustainability professionals and crypto experts. We’re a pretty diverse bunch!
I am interested to invest in your project but i have a little doubt weather your platform is suitable for crypto beginners like me Or is it only for limited to professional users? sir.
We would love everybody to participate in this project. The beauty of the Legacy Token is that it allows all investors to make an impact by mitigating the damage from gold mining. Please join and follow our social media and community channels as we will have regular updates. The registration process for our Whitelist is easy, you can access it via our website at www.naturesvault.io
Do you have any plans to attract non Crypto people to your project? What makes your project different from other projects? Which feature of your project is everyone’s favorite??
Absolutely, one of the key reasons why we think our project is unique is because it’ll appeal to a broad spectrum of people i.e. those passionate about sustainability and our planet, crypto folks, and even traditional gold buyers
Website : https://naturesvault.io/
Discord : https://discord.gg/ua8S25xf
Telegram : https://t.me/naturesvault
Twitter : https://twitter.com/natures_vault