InnovaMinex has a business model that uses blockchain technology to ensure the traceability of precious metals. Users of the InnovaMinex platform will be able to trace the entire business process, from when the precious metals leave the mines to commercialization. Members can buy gold and other precious metal products at the InnovaMinex stores (e-commerce and ATM’s), as well as, in participant stores. Buyers will be able to verify the origin of the precious metals they acquire, that will allow them to be confident in their legality. The InnovaMinex (MINX) is a utility token is the platform native token. As a utility token, MINX will serve the users as a medium to exchange value as well as to grant access to discounts and other premium features when using InnovaMinex.