What does the tokenization of natural resources refer to?

Tokenization of natural resources will enable transparent, sustainable and universal access to the Central African Republic’s sustainably exploited resources via blockchain technology. The resources being tokenized means that they would be available to investors worldwide through the Sango Blockchain & Sango App, using SANGO coins. The direct impact of tokenization is the access to capital through the monetization of the natural resources, being achieved in a transparent and democratic way, while enabling broader participation through fractionalization. An example of how the tokenization of a gold mine will take place can be conceptualized as follows:

• The Central African Republic wants to start exploitation of the gold mine “X”. • The Central African Republic certifies the existence of gold by hiring an external independent entity to prove the resource and available quantities. • The Central African Republic develops a business plan that includes costs, profits, and all necessary details though a publicly owned company. • The business plan is audited by a trusted entity (e.g. “Big Four”). • Based on the business plan, an estimation regarding the upfront costs for exploitation is determined and the State prepares the offer for the investors denominated in SANGO. • The offer is publicly announced in the Sango App, being available for SANGO investors worldwide. • The investors are required to deposit a collateral of x SANGO in order to participate in the tokenization process. • This process is completely automated via the Sango Blockchain and the funds are managed through the Sango App (e.g. dividend payouts).