Frequently Asked Questions
LAXMINT is a blockchain-powered ecosystem designed to digitise and unlock the value of responsibly sourced gold—beginning with artisanal and small-scale mining (ASGM). It operates on a three-token framework:
- A utility token (LAXMINT) that powers the ecosystem
- A digital asset representing certified gold reserves
- A vault-backed token tied 1:1 to audited, physical gold
The platform enables miners to log production data, supports verification through geological surveys, and creates digital representations of real-world gold—providing secure, traceable access for investors, institutions, and governments.
Yes. One of LAXMINT’s core strengths is that it is directly involved in gold production. Early token investment will be deployed to immediately initiate mining at licensed sites. This includes:
- Launching physical production to demonstrate site viability
- Deploying proof-of-concept (PoC) technology to trace gold from mine to vault
- Capturing real-time production data at every stage
This live deployment proves both the effectiveness of our technology and the operational capacity of the mines. For private investors, independent agreements (outside the token model) may be structured to provide direct exposure to gold production based on specific partnership terms.
The LAXMINT token is not a speculative asset—it is a utility token designed to power platform access and participation. The proceeds from the initial LAXMINT token sale will directly fund the first phases of gold production at verified mining sites.
This early production will provide concrete proof of the mine’s potential, with scaling supported through further investment and operational reinvestment. LAXMINT holders gain early access to platform tools, reporting dashboards, and future conversion opportunities as digital gold assets are brought online.
We work exclusively with legally licensed sites where land ownership and mining rights are secured. While the joint venture agreements are confidential, we offer private sessions to qualified institutional or strategic participants to:
- Review legal and operational documentation
- Verify the location and rights associated with each mine
- Arrange on-site visits to inspect facilities and observe production directly
In addition, all active mining sites will undergo geological assessment and reporting to internationally recognised standards such as NI 43-101 (Canada) and JORC (Australia).
A Real-World Asset (RWA) is a tokenised digital representation of a physical or tangible asset. In the LAXMINT ecosystem, RWAs include:
- Verified in-ground gold reserves, certified through geological reporting
- Audited, vaulted gold, stored and secured in real-world locations
These digital assets are intended to be issued through regulated entities, ensuring legal recognition, proper custody, and audit trails. In the case of gold-backed tokens, they may even be redeemable for physical gold, depending on regulatory terms and custody agreements.
LAXMINT only works with mines that undergo certified geological analysis. We use internationally recognised standards such as:
- NI 43-101 (Canada)
- JORC (Australia)
These reports provide full transparency around reserve estimates, extraction potential, and operational readiness. In addition, refined gold is verified through independent third-party auditors and vaulting partners, with traceability data logged immutably on-chain.
Holders of the LAXMINT utility token gain access to the platform’s services, including production dashboards, participation in mining operations, and future eligibility for engagement with asset-backed digital instruments.
As the ecosystem evolves, verified gold assets may be issued through regulated partners—providing secure, traceable access to digital representations of certified gold, including tokens linked 1:1 to vaulted bullion.
LAXMINT creates transparent, traceable frameworks that help governments manage gold production more effectively, including:
- Licensing and export oversight
- Reserve tracking and ESG reporting
- Smuggling prevention tools
At the community level, LAXMINT supports:
- Revenue-sharing models
- Access to clean energy, micro-financing, and equipment
Training, education, and environmental stewardship
Following the successful launch of the pilot site and demonstration of both technology and production capacity, LAXMINT will expand through a series of pre-established joint venture agreements in other regions.
Each expansion site will build on the core platform, leveraging the same standards for compliance, traceability, and digital asset issuance. This phased approach ensures scalable, responsible growth—bringing more gold-producing regions into a verifiable, inclusive digital ecosystem.