3 minute read
VALUATION
VALUATION SUMMARY & CONCLUSION
The LODE Project undertook an independent valuation from *Evans & Evans. The purpose of the independent valuation is to give the LODE Community an unbiased review of the LODE Offering. The results of the valuation are as follows.
ESTIMATED VALUES: IN USD
LODE TOKENS
High $20.57
Low $12.17 AGX COINS
High $1.50
Low $1.26 AUX COINS
High $0.11
Low $0.09
Given the nature of the LODE System, the increase in the value of the LODE Token is not linear, it is exponential. It’s important to note that in the LODE System, LODE Tokens function as the virtual equity and AGX and AUX as the global medium of exchange. As more silver and gold is added, more AGX and AUX Coins are circulated, more trading occurs, and more merchants join the LODE System, the profit generated by LODE1 is
expected to increase. Accordingly, there is the potential for the LODE Token to see significant
price increases over its operating lifecycle.
Based on the LODE’s operating model and the appreciation of existing non-asset backed cryptocurrencies, significant increases in
value are achievable in the market. It is important for readers to note that the LODE Price Oracle acts as the pricing mechanism that provides users with realtime values for retail silver and gold. This key element of the LODE Project directly influences the value of
LODE Tokens, along with AGX and AUX Coins. Over the long-term as the LODE System continues to operate and more transactions occur, the potential returns to LODE Token holders can increase as the value of retail precious metals fluctuates. Over the past three years, the LODE Project has gone from concept to global operations with 77 SPA members worldwide assisting in the development of this ambitious project. Currently, there are 12,220+ active members in 166 countries, and over 708K oz of precious metals vaulted. As world economies rapidly shift, the LODE Project is poised to be the true challenger of fiat currencies and global
payment systems currently in use.
Thank you for your interest in the LODE Project, further questions may be directed to: info@lode.one.
*Evans & Evans, Inc. is a leading Canadian boutique Investment Banking firm with offices and affiliates in Canada, the U.S., and Asia. They offer a
range of independent and advocate services to their clients including valuation and fairness opinions, business due diligence, business planning, market and competitive research, capital formation assistance, and mergers and acquisitions advice. This is the fourth valuation provided by Evans & Evans throughout the LODE Project’s lifetime.
FORWARD-LOOKING STATEMENT AND DISCLAIMER
The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. LODE does not have any obligation to provide revised opinions in the event of changed circumstances. All investment strategies and investments involve risk of loss. Nothing contained in this document should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as, a recommendation or as a guarantee of any specific outcome or profit. Any ideas or strategies discussed herein should not be undertaken by any individual without prior consultation with a financial
professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal financial objectives, needs and
risk tolerance. LODE expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.
The information contained herein is not, and shall not constitute an offer to sell, a
solicitation of an offer to buy or an offer to
purchase any securities, nor should it be deemed to be an offer, or a solicitation of
an offer, to purchase or sell any investment
product or service.
LODE (Switzerland) AG Industriestrasse 28 9100 Herisau Appenzell Ausserrhoden Switzerland
