Peblik is the only cryptocurrency that unlocks the value of proven mineral reserves whose value is recognized by both the mining industry and Canada’s chartered banks. This makes the Peblik token unique in the asset-backed crypto space.
Peblik, on the other hand, is asset backed. It is the world’s only digital token that is supported by natural resources that have an intrinsic value. Peblik currently has direct control via earn in option of an advanced-stage USD $4.8 billion mineral deposit in Canada. The Peblik token is asset-backed with
the real asset value of the proven in-ground reserves of this resource.
Our goal is to have a worldwide cryptocurrency backed by significant “in-the-ground” commodity assets, and to become the standard medium to unlock value in undeveloped resource assets. Over time, the Peblik token will also become backed by “out-of-the-ground” hard reserves such as stockpiles of ores and metals. In this way, we believe Peblik may increase in value, becoming stronger on a long-term basis as assets are added to the Peblik blockchain.
The Peblik token itself will be issued to acquire assets and future cash streams, as a way for owners of underground resources to increase the liquidity of their holdings, and make them available through the Peblik financial blockchain ecosystem.
This makes the Peblik token unique in the asset-backed crypto space, designed to have, maintain, and increase the significant hard assets backing the token itself, thus providing value, stability, and liquidity for token holders.
Peblik currently has direct control via earn in option of the Thierry Mine property in Northern Ontario, an advanced-stage USD $4.8 billion mineral deposit in Canada. This value was established according to the conservative Canadian National Instrument NI 43-101 standard, as governed by the Canadian Institute of Mining Metallurgy and Petroleum. In addition to the value established by NI 43-101, we are confident that further simple development work will make the total in situ value of this property substantially greater than USD $4.8 billion.
Thierry has been a past producer of copper and also nickel, palladium, platinum, silver and gold. It was closed in 1982 due to a plunge in copper prices to $0.60 - $0.80 per pound. However, copper prices have since recovered with 2017 prices at over $3.00 per pound. All other mineral prices found at
Thierry have also appreciated substantially since the mine closed. Peblik will issue tokens against these assets, to unlock their value and provide token owners the comfort of an asset-backed cryptocurrency. The valuation of Peblik tokens against asset reserves will be transparent and based on commonly accepted standards. As the Peblik token matures, the company will endeavour to acquire additional commodity assets at continuously more attractive terms for Peblik. As long as discounted “out-of-the-money” commodity assets are available, and the world economy keeps growing, this becomes a sustainable model for a true asset-backed currency.
For ongoing growth, Peblik has developed proprietary and unique algorithms to identify which properties fit into our sweet spot in order to maximize the value of underlying resource assets. This provides an opportunity for these assets to be acquired by Peblik and “banked” as asset backing for the currency until such time that they are economic, even if that is far in the future. The very mispricing of the assets themselves allow for the ownership of these assets to be democratized under a blockchain-based cryptocurrency such as Peblik. Our goal is to have a worldwide cryptocurrency backed by significant “in the ground” commodity assets, and to become the standard medium to unlock value in undeveloped resource assets.