What is Legacy Token?
Launched earlier this year, Nature’s Vault’s mission is to develop innovative and impactful ESG investments that combat climate change, namely greenhouse gas emissions and ecosystem degradation. It’s the first blockchain solution to tokenize geologically quantified un-mined gold deposits. The company’s first project, the Legacy Token, ultimately aims to acquire the mining rights over, and protect at least one million ounces of gold, located in environmentally pristine locations across Canada. The company has already acquired the first 125,000 ounces at a location called Pistol Lake in Ontario, and is in active negotiations on their second acquisition. This preservation of gold is then tokenised as the Legacy Token or NVLT.