Introduction

In the world of crypto-currencies, certain rules have already been established for conducting ICO and informing potential customers about product. Unlike the IT world, our product is so understandable and financially transparent that it does not require unnecessarily cumbersome descriptions, according to the established rules. Therefore, our White Paper is written briefly and is sufficiently clear for any investor. This document is not securities offering or a public offer.

Doradocoin. Project concept

Today, there is not a single materially secured crypto currency in the market. We back the doradocoin with gold and thus insure the risks of our investors. We create a payment system for mining enterprises, and, subsequently, for general use. This will make the crypto currency and blockchain technology market more stable.

Problems

Investment market analysis showed that many potential investors do not risk investing in crypto-currencies because of their insecurity. We found a solution to this problem by backing doradocoin with gold reserves. Thus, we insure the risks not only of our investors, but we also make the entire crypto currency market more stable, more reliable and increase its investment attractiveness. The investment amount in this economy sector can be much larger than the existing volume. Investors, who invest money only in real economy for various reasons, can now be attracted to the crypto currency market.

Blockchain technologies can be used for solving problems of the widest range. In particular, crypto-currencies can be used not only for the stock-market game, but also as payment means, which have significant advantages over traditional banking transactions. At the moment, no one is impervious to the collapse of the crypto-currency market, and each investor takes advantage of the crypto currency at his own risk.

The problem of the crypto currency market is that it is backed mainly by IT and does not have material support in the real economy sector. With the help of our project we want to link this market to the real economy.

Solution

Doradocoin buyers have the opportunity to exchange every 100 tokens for 1 gram of gold, or for fiat money. 18 months after the end of the ICO, our website will implement a mechanism for exchanging doradocoin for fiat money at the rate of gold at the time of the transaction. In our case, the doradocoin reliability is confirmed by the positive dynamics of gold prices in the world market.

Gold price analysis shows that investing in doradocoin will be beneficial at any stage of the project, both during "closed sales" and in the exchange regulation of doradocoin prices. It is well known that investments in gold bring the biggest profit only for a fairly long period. Therefore, when buying gold, you need to try to follow a long-term strategy. By investing in doradocoin, you can reckon on earning both "long" investments and "short" ones, using the stock-market gamemethods.

Solutions for the industry

We plan to create a payment system based on smart contracts Etherium and doradocoin, which will make the market more stable. In this payment system, mining enterprises will initially participate, afterwards we see it possible to use this payment system as an international one for conducting private transactions.

Competition

At the moment, there are several crypto-currencies, partially backed by the real sector of the economy. Our innovation is that doradocoin is backed with gold in fact. To date, there is no crypto-currency, secured by gold, and there are no gold mining companies that issue crypto currency.

Targetaudience

Investors from Argentina, Chile, Georgia, Montenegro, Russia, etc. have taken an interest in issuing our crypto currency. Potential buyers are investors who plan to use doradocoin as a reliable financial asset or as a payment means, or simply want to save their funds.

Mining enterprises in South America are also our target audience, as our payment system will allow settlements between businesses to be made instantly. At the moment, payments are made with a delay of up to 60 days.

Everyone who is interested in preserving and multiplying their funds is our target audience. Our tokens, in addition to the function of exchanging for gold, are also a financial instrument that can ensure profit at the stock-market game.

Projected project implementation stages / Roadmap

1th of July	- Holding a round of closed sales on the site doradocoin.io - Fund raising on the kickico platform
June-July	- Pre-ICO and marketing events - Pre-sale, second round of sales
September-October	- ICO - Doradocoin floation
November 2018- January 2019	- Gold mining equipment purchase - Gold mining site construction start
1st Quater 2019	- Payment system development
18 month after ICO	- introduction of exchange mechanisms for gold or fiat money

Project team

Sergey Kurapov

Executive general manager and leading specialist of the Chilean Georadar Ltda enterprise.

Nikolay Shilkin

Manager and specialist of the Chilean Georadar Ltda enterprise.

Shilkin and Kurapov created an enterprise for exploration of mineral deposits in a foreign country by their own efforts without any support. They made their enterprise - Georadar Ltda - one of the leading geophysical enterprises in Chile, Peru and Bolivia. Georadar Ltda provides exploration services to mining companies that are included in TOP-10 world leaders such as Codelco, AngloAmerican, XstrataCopper, Glencore and others.

Shilkin and Kurapov invented their own know-how of searching for minerals. As a result, a gold-bearing site in the river valley was found and explored. Later, the company owners formalized the ownership of this site. Currently, they are engaged in promoting a gold extraction project.

Sergey Kurapov

Specialist in international economics. PR, project promotion.

Jose Manuel Romero Tomasevich

Project promotion in South America.

Teimuraz Ozelashvili

Representativehe of the Information and Analytical Department of Georgia. Specialist in property security and protection. Has experience of anti-crisis business management. IT specialist.

Lasha Mghvdliashvili

Web developer

Giga Khutsishvili

System Administrator

Andrey Kuznetsov

IT-Specialist, web-designer, specialist in blockchain technologies.

Project investment at an early stage

Our team has borne the following costs:

• For 6 years, geological expeditions were conducted to find a site.

• Geological and geophysical homesite surveys with the involvement of external specialists.

• Drilling, sampling, laboratory analysis in Moscow and Santiago.

• Preparation of title deeds.

• Obtaining a permit for the site operation.

• Payment of annual patents for the homesite ownership.

In total, more than USD $ 500 000 was spent. All investments are personal funds of our project team; no outside investments were attracted.

Thus, we have no obligations to any kind of organizations, investment funds, etc. and we do not implement outside interests.

Investments

It is planned to issue 1 billion tokens. All released tokens are backed with the deposit reserves. At the closed sale stage, tokens will be sold at a price of USD $ 1. Further sales will be through the stock market.

The minimum investment amount in the project is USD $ 5 million. This amount is necessary to create infrastructure and purchase equipment of minimum capacity, as well as organize the necessary marketing campaigns. The more investments are made, the more productive equipment will be purchased. For 18 months, the required amount of gold will be produced to ensure each token sold, regardless of the amount of funds raised.

18 months after the ICO, when the required amount of gold will be produced, it is planned to implement a mechanism for exchanging tokens for gold, or fiat money. The exchange of doradocoin for gold will be carried out in the ratio of 100 tokens per 1 gram of gold.

Each of doradocoin owners has the right to decide if he would like to exchange tokens inside our system, sell them in the stock market, if there is a more favorable exchange rate, or store / use it as a financial asset.