Mining is one of the first and leading sectors and the source of economic growth in many countries. Mongolia ranks 12th in the world in terms of copper reserves, 17th in terms of copper production and 5th in the world in terms of copper ore exports. Mongolia earned mining revenue amounting to MNT 4.1 trillion in 2019 and MNT 3.7 trillion in 2020.
National Treasure Coin /NTC/ created a virtual platform to transform the vast amount of mining resources into the cryptocurrency market. NTC platform is based on equal access and wealth distribution, enabling anyone to invest in this sector. Companies to be invested in will be selected from the top mining corporations from Mongolia as well as internationally.
NTC is a fully integrated ecosystem, a new type of asset-backed cryptocurrency that harnesses non-renewable natural resources by converting their value into crypto assets utilizing blockchain technology in order mitigate the effects of price fluctuations and more. NTC coins circulating in the market are backed by a designated amount of commodities, such as gold, that are certified by the Assay Office of Mongolia.
