InnovaMinex - ICO Review

Industry: finance


InnovaMinex is an advanced blockchain technology to provide traceability of precious metals, such as gold, silver and palladium. With the usage of a variety of procedures, it becomes possible to certify the full process of a precious metal origin, from its mining to to the subsequent consumer. This commercialization is carried out through InnovaMinex e-commerce stores, affiliate stores and InnovaMinex own ATMs.

The technology will let buyers to verify the origin of the metal they want to purchase, ensuring that the origin is completely legal, as long as all the transactions applied to it are recorded and the community has access to them. InnovaMinex global goal is to make gold and other precious metals more puplicly accessible with the help of INX cryptocurrency, offering the best possible price both to customers and the InnovaMinex community, with an emphasis on the transparency and security of all the transactions.

InnovaMinex currently has seven mining projects known domestically as GUAYAQUIL, VIZCAYA, BOLVAR 2, ANTIOQUIA 3, MINEX 7, MINEX 12 and TOLIMA. All of them are going to begin to operate gradually. All these projects relate to the extraction of underground rocks, i.e. they will extract minerals located in cracks, ravines or crevices of the stony body. These minerals have a different nature of the rocks in which they are located. Consequently, the mineral of commercial interest is thus directly extracted, which results in minimal impact on the surface where the mine is located.



  • It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer. This commercialization is done through our e-commerce, partner stores and our own ATMs.
  • This will allow buyers to verify the origin of the metal they have acquired, insuring that the extraction is legal, that the environment has been protected at all times, or that it cannot be used for money laundering, since all transactions are registered and the whole community has access to them.
  • Our ultimate goal is making gold and other precious metals more accessible to all the people through our cryptocurrency, INX, obtaining the best possible price both for our clients and for our community, with emphasis being placed on the transparency and safety of our transactions.

Founded: 2018, Estonia

Social networks

Conversion Block

  • Token INÐ¥
  • Price 1 INÐ¥ = 0.5 USD
  • Bonus Available
  • Bounty Available
  • MVP/Prototype Available
  • Platform Own
  • Accepting BTC, BCH, ETH, LTC, DASH, ETC, USDT, XRP
  • Minimum investment 1 INX
  • Soft cap 10000000 USD
  • Hard cap 52500000 USD
  • Country Estonia
  • Whitelist/KYC KYC & Whitelist

More on ICO

Technical details

  • Token INÐ¥
  • Price in ICO 0.5000 USD
  • Tokens for sale 210,000,000
  • Min. investment 1 INX
  • Accepting BTC, BCH, ETH, LTC, DASH, ETC, USDT, XRP
  • Distributed in ICO 70%
  • Soft cap 10000000 USD
  • Hard cap 52500000 USD


  • 2013 Searching for mining prospects: Direct investment is achieved for Verada Guayaquil project. Six other gold mining concessions are negotiated.
  • November 2018 Initiation of the assembly plant at the Guayaquil project. Additional explorations conducted into the Vizcaya project. The hoarding of minerals begins.
  • November 2018 On the 26th the official sale of INX begins. There will be 4 phases with different types of discounts up to 30%. It will last until January 21st.
  • December 2018 INX will be listed in several exchange platforms and ATMs worldwide.
  • January 2019 Our e-commerce for the sale of gold and silver is launched (launch of the marketing campaign to create awareness for our innovative products).
  • February 2019 Initiation of the refinery and start of the refining of gold with other mines and associations.
  • April 2019 Beginning the assembly of the Bolívar 2 project plant. This is the second plant of InnovaMinex.
  • April 2019 InnovaMinex ATMs: Precious metals commercialization and start-up of the first ATMs selling gold, INX and other cryptocurrencies.
  • May 2019 Opening of the mine entrance for the Vizcaya project and hoarding of minerals.
  • June 2019 The plant at the Guayaquil 1 project starts operation and the construction of the beneficiation plant at the Bolívar 2 project begins, in addition to mineral hoarding.
  • August 2019 The assembly of the beneficiation plant at the Vizcaya project starts. The rehabilitation and construction of the main galleries at the Antioquia 3 project begins.
  • September 2019 Commercialization of our gold and other precious metals, processed by our refinery.
  • May 2020 The extraction and stockpiling of minerals at Minex 7 begins, as well as the construction of the main galleries, extraction and stockpiling of minerals in Minex 12.
  • June - July 2020 The beneficiation plant at Antioquía 3 begins operations, and the construction of the Minex 7 plant starts.
  • February - September 2021 The Minex 7 plant starts operating and the construction of the Minex 12 beneficiation plant commences. The hoarding and construction of the main tunnels of the Tolima project begins.


  • Fernando García Sanz CEO (Chief Executive Officer)
  • Rafael Enríquez CINO (Chief Innovation Officer)
  • Paco De Benito CCO (Chief Communication Officer)
  • Paco Montero CSO (Chief Strategic Officer)
  • Julio Pérez-Tomé CMO (Marketing Officer) 
  • Ignacio Naveilhan Full-Stack Developer
  • Jaime Valero CAO (Chief Administrative Officer)
  • Jaime Krahe Trade Manager
  • Raúl Berlanga CFO (Chief Financial Officer)
  • Richard O'Rourke U.K. Market Representative
  • David Olaya CLO (Chief Legal Officer)
  • Vincenzo Giorgioni Head of institutional relations
  • Iván García CIO (Information Director)
  • Manuel del Palacio DPD (Data Protection Director)
  • Rafa Páez Brand Manager
  • Andreas Oti Nilsson Market Analyst
  • Samantha Aranda Bendicho BENELUX Ambassador
  • Mohammed Alsehli Blockchain Advisor



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Investors who purchase using the INX token gold or products made of precious metals, receive additional, moreover, very significant discounts - for them the price of precious metals and products from it will be 30% lower than the market

Dennis   January 5, 2019  

With the use of InnovaMinex technology, the entire production process will be certified, starting with mining in the mine and ending with the final selling point in a jewelry store. This model will be based on partnerships with various jewelry stores and ATMs. The introduction of such technologies in this commercial activity will benefit all parties. Losses of mining companies will be reduced, shops can be sure that they will not slip off low-quality goods, and buyers, in turn, will be able to verify the origin of the desired jewelry.

Nicholas   January 4, 2019  

It is an innovative business model that uses blockchain technology to guarantee the traceability of precious metals. By applying a set of procedures, it is possible to certify the whole process, from its origin in the mines, to the refinery and the commercialization to the end consumer.

Mark   November 26, 2018  

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