Gravel Coin is designed to tokenize gravel (crushed stone) for the building industry, supported by a native Supply Chain Management (SCM) Blockchain Platform. Each token is pegged to 10 kgs of gravel.
The acquisition of GRVC token represents a commercial transaction, in which the buyer pays in the spot market or in advance for the right to own 10 kgs of gravel/GRVC. The redemption or exchange of GRVC for gravel should be carried out between the producer (participant in the ecosystem) and buyer.
GRVC does not imply any elements of a contractual relationship. Prior to acting on any of the information contained in Gravel Coin's White Paper, potential buyers should seek independent professional advice. The White Paper does not constitute a prospectus of any kind and does not represent a solicitation for or an offer of investment or the purchase of securities by any jurisdiction in the world. Future statements or information in the White Paper involve known and unknown risks and uncertainties, which may lead to a deviation from actual events or results. GRVC tokens represent a product (gravel), and do not constitute capital or equity in any entity, nor debentures, or bonds, thus they are not securities nor a financial instrument, thus they are and should be considered as a cryptocurrency to be used as means of payment within the construction ecosystem, also being subject to price increase or decrease