<aside> 💡 We are utilizing blockchain technology to bridge the digital and the real world. Want to own real world assets via token? Join the DAO!
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At Green Mining DAO, we've implemented a tokenization model centered around Green Mining Tokens (GMT). These tokens always represent shares in GM Data Centers AG, offering fractionalized ownership.
As the company expands into the Co-Mining business model, additional tokens representing subsidiaries will be created. Each subsidiary, and its respective co-mining facility, will be represented by a different, new co-mining token, resulting in an ecosystem of various equity tokens. GM Data Centers AG will always maintain a 20% stake in each of these new tokens.
The GMT tokens are ERC-20 compatible and are issued on the Polygon blockchain, ensuring security and efficiency. The tokenization model offers three primary utilities:
Our GMT tokens adhere to the ERC-20 standard and are issued on the Polygon blockchain. This tokenization model is a testament to fractionalized ownership, allowing investors to acquire and hold any desired number of shares.
Each GMT token represents an ownership stake in GM Data Centers AG, the legal entity standing as the bedrock of Green Mining DAO. This framework adheres to the principles of distributed ledger securities, as laid out in article 973d of the Swiss Code of Obligations and our company's articles of association.
The GMT tokens serve as the digital embodiment of ownership within the company GM Data Centers AG, while other equity tokens represent ownership in specific co-mining facilities and their profits.
GM Data Centers AG currently has a share capital of 141,069.93 CHF, which equates to a total of 14,106,993 shares, each represented by a GMT token. It's important to note that new GMT tokens are only minted when there is an increase in capital, such as when new investors come onboard or when additional share capital is required for the liquidity pool. This strategy ensures that each GMT token continuously represents a share in the company and maintains the integrity of our share structure.
By linking token minting to capital increases, the token supply remains proportional to the company's capital, reflecting the ownership structure of GM Data Centers AG accurately. This approach not only safeguards the integrity of our token economics but also aligns the token's value with the company's growth and performance.
While the company conducted private token sales and is currently in the pre-token sale phase, future token sales for GMT may be limited. However, GM Data Centers AG plans ongoing token sales for other tokens that represent each Co-Mining facility.