Gravel Coin ICO: Company Review and GRV Token News Updates
Gravel Coin GRV: Blockchain Managed Gravel Mining Processing?
Housing is one of the basic needs for human survival. Gravel is one of the core components of construction of houses and other wide-ranging infrastructures such as roads and railways.
Global Gravel Mining is an international mining company with mines all over the world. It deals in geological survey, mineral prospecting, mineral extraction, and processing. Its services help to bring together many parties in the mining industry, and its latest project is expected to improve on this.
Improving Efficiency in the Mining Industry
Cryptocurrencies are transforming thousands of industries, and the mining industry shouldn’t be left out. That is why Global Gravel Mining has embarked on a project to develop the ideal cryptocurrency for the mining industry: Gravel Coin (GRV).
Gravel Coin is relatively new, but it has already penetrated the market, and it enjoyed a good reception. It launched its pre-ICO in December of 2017 and its ICO four weeks later in early January 2018. Over 55 million units of Gravel Coin have been sold so far, and more units and being sold every day as more and more prospective investors learn about it. Gravel Coin runs on the Etherum platform, and it is categorized as an ERC20 cryptocurrency.
Value, Rating, and Transactions
The ICO price for Gravel Coin was set at $0.10. However, this figure is rising steadily as more and more people seek to invest in GRV.
Gravel Coin currently accepts only ETH for all transactions, but it may expand to other cryptocurrencies such as Bitcoin and even fiat money depending on how fast it grows. It is expected to perform well over the coming days and weeks considering that experts have rated it well. Simon Choi, a lawyer for Fintech & ICO, gave it a 16% rating while Benchy, and ICO analyzer bot, gave it a whopping 67% rating.
Utilities and Milestones
Gravel Coin has been primarily designed for professionals in the mining industry. Global Gravel Mining promises that those who choose to use GRV will enjoy discounts and premium services that should keep them ahead of the competition curve.
However, GRV has mostly been received as an investment opportunity just like many other cryptocurrencies such as Bitcoin. To this end, investors expect its price to rise exponentially as the cryptocurrency grows in popularity. What’s more, it is expected that Global Gravel Mining’s expansion will boost its value.
So far, Global Gravel Mining and GRV have made and prepare to make several significant milestones since launching the pre-ICO and ICO. These milestones are:
- Global Gravel Mining registered a new company in Conakry in early January It also began carrying out stone deposit selection on the mining site and prepared extensive reports and assessments.
- Will begin development of the mining site in February It will also import the necessary machinery, install power and water connections, and build the necessary infrastructure. Development will also include operational tests.
- It will expand gravel production of the new mining site within the first and second quarters of 2018.
- It will then expand to other mineral opportunities within the second and third quarters of 2018.
Gravel Coin GRV Conclusion
Gravel Coin is expected to revolutionize the mining industry, and prospective investors expect it to revolutionize their finances. It has surpassed expectations so far, and there is still some time to invest in it.