A Canadian miner is selling NFTs to get funding for a mining project in Namibia, by tokenizing uranium.
“The agreement will allow the company to access ‘significant funding at a premium’ to analysts’ valuations of the company and has the potential to ‘revolutionise the funding of junior miners,’ Parnham says. Production of uranium at the company’s projects remains several years in the future.”
The digital assets use ‘”Lux Network, the 1st decentralized blockchain integrated with and operated by a network of regulated bank and money transmitter partners.”
“Lux Network is a proof-of-stake, decentralized blockchain packed with innovation, designed to power the next-generation of DeFi.”
Lux Partners Ltd is of course an Isle of Man corporation, where there are no capital gains and no corporate taxes.