Introduction to Lumi Vaults

LumiVault is an ambitious blockchain-driven project by a South Korean mining company with extensive mining operations across Asia and Africa. The company has secured mining rights for precious earth metals, gold, and other valuable minerals, with a vision to fractionalize these assets into tokenized investment opportunities. By leveraging blockchain technology and decentralized finance (DeFi), LumiVault aims to make traditionally illiquid mining rights more accessible, transparent, and profitable for global investors.

As of May 2024, LumiVault's parent company has successfully registered mining rights and is set to commence gold mining in the second half of the year. With estimated reserves of 80–100 tons of gold, an ore grade ranging from 50–800g per ton, and an estimated current market value of $10 Billion the company is positioned to revolutionize the gold investment space.

However, a key strategic decision remains: whether to tokenize the mining rights as Real World Assets (RWA) or distribute mining profits as dividends. LumiVault is currently evaluating the best approach to maximize investor benefits while ensuring sustainable business growth.

Project Overview

LumiVault is an RWA + DeFi platform that enables users to access tokenized, gold-backed assets secured by real-world gold reserves. By leveraging blockchain technology, LumiVault transforms traditionally illiquid physical assets into digital, easily tradable financial instruments.