Blue Hill Foundation Will Launch a Pre-STO
From May until August, the Blue Hil Foundation will be launching a pre-STO. The security tokens will give owners a stake in the Blue Hill mining operation.
The Blue Hill Mine is located in a large area in Mongolia. It is thought to have the largest copper reserves in all of Asia, as well as a large amount of nickel, gold, and cobalt. Only 10% of the entire area has been explored, which means that there is still much more to discover.
The Blue Hill Foundation has been planning the geological mining operation for 8 years. It is now entering the next phase of their project and is looking to STOs as the best means of funding their new efforts. The company plans to leverage blockchain technology to democratize the fundraising process via a Swiss-regulated STO.
The Foundation will be offering BHF tokens which will be redeemable 1-for-1 for BHM tokens following the Blue Hill Mining STO. The security tokens are backed by the value of the Blue Hill Mining operation.
Many are targeting high ROI based on the potential of the mine itself. Once the BHM token hits $30 a piece, they will be bought back and offered on the Toronto Stock Exchange.
Will you be investing in Blue Hill Mining’s STO? Let us know your thoughts in the comments down below.
Image courtesy of Bitcoin Exchange Guide.