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Alternun
Alternun is a regenerative finance project that creates Gold Backed Tokens (GBT), digital tokens backed by unexploited gold mining reserves. It enables token holders to vote on and stake into regenerative environmental and social development projects in mining territories, blending gold-backed asset value with environmental impact investing.
Distributed
Description
Alternun builds Gold Backed Tokens by partnering with legally licensed gold mines, conducting exploration and NI 43-101 reporting (a Canadian Securities Administrators benchmark for mineral project reporting), and tokenizing the resulting gold reserves. These tokens are tradable and can be staked by holders who complete a KYC process, allowing them to vote on and participate in regenerative environmental and social projects developed in mining territories. Through a virtuous cycle mechanism, a portion of project profits and carbon offset sales are funneled back into a liquidity pool to fund further investment opportunities, turning traditional finite gold mining into what the project calls 'Digital Gold Mining.' Alternun appears to target crypto investors and token holders interested in combining gold-backed value with environmental regeneration and impact investing.Grant Funding
VC Funding
XLM
$32K
$0