I did an AMA interview with Sam Pitman from Project 79 and Hydro Whales Mining Club. I asked all about Project 79, his team’s new international gold dealing business and the first project they are launching on the Hydro Whales Mining Club launchpad.
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“WHAT IS PROJECT 79?
Hydro Whales Mining Club presents its first launchpad project!
HWMC continues to expand and execute on its business model of securing real world utility and fully audited investment opportunities not only for HWMC treasury but also for the wider community, and we are pleased to announce Project 79!
Through our extensive due diligence and legal planning we can confirm we have secured contracts with companies who have proven track records within the precious metal industry, this provides us the ability to engage in the lucrative industry of gold bullion trading through an existing global supply chain, legal partnerships are in place with mining productions and refineries to facilitate the purchasing, import and export of physical gold bullion with off-take /sale agreements already locked in place.
HOW DOES IT WORK?
Through funds sacrificed into Project 79 we will begin to execute contracts secured to acquire the physical asset of gold bullion directly from global mining productions at a discounted LBMA market rate and participate in the distribution and sale of such assets.
GOLD
The gold market offers high liquidity and potentially excellent opportunities to profit in nearly all environments due to its unique position within the world’s economic and political systems. While speculating through the futures, equity, and options markets are common forms of exposure to this commodity some folks choose to own the metal outright with vast amounts of physical gold traded every day!
Gold reserves are held by the central banks or the treasury of a country, as it contributes to the nation’s creditworthiness in the issuance of currency and bonds. Gold reserves are also held by governments, private institutions and individuals as a store of value. Countries also strictly adhere to a practice known as the gold standard. It has evidently been proven to be an ultimate safe harbor asset. Since ancient times, humans have gravitated toward this shiny metal as both a measure of wealth and backing for various currencies.
Today, holding gold offers investors protection against geopolitical and socioeconomic upheavals, and is often used as a hedge against economic turmoil, it remains highly sought-after by nation-states looking to build up currency reserves. Gold also offers allow correlation with both stocks and bonds, which provides a tangible diversification benefit.”
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OFFICIAL LINKS
Website:
HWC Website:
Twitter:
Instagram:
Telegram:
YouTube:
Opensea:
Dashboard:
Whitepaper:
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⚠️ Disclaimer: This is not financial advice, and I am not a financial advisor. All information on my YouTube channel should be taken as entertainment only. Participate in these projects at your own risk. Do your own research. This is a sponsored video. All opinions are my own.
#Project79 #YaBonks #AMA #Hydrowhales #HydrowhalesMiningClub #HWMC #Gold #investment #LiquidityProvider #YieldFarming #passiveincome #brinks #golddealer #golddeals #goldmining #goldrefining #preciousmetals #internationaltrade…(read more)
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YOOOO YABONKA DONK….PICKLE WILLIE here mate…did you see what EMP did with their ESHARES. 21 day lock and paying over 2% right now…hit up AJ! do an AMA on it
ബഹുമാനപ്പെട്ട സ്പീക്കർ ജീ എന്തൊരു മറുപടി ആയിച്ചോ യി താങ്കളുടേത്. അങ്ങ് അങ്ങയുടെ സ്ഥാനം ഓർമിച്ചു വോ?
Can I deposit into project 79 through ledger account?
Thanks for the AMA.
Hyrowhales are going to be on my to do list. Project 79 will be my next 'sacrifice '
#swish8170
Awesome AMA on Project 79! Great questions answered! Super excited on the Hydrowhales team on what they are doing! Let’s go!
Do you think this project has longevity?
Ive never once did an ETH transaction
This is running on ETH. To send from Binance to MM, I have to pay a gas fee. Then pay another to swap to USDC. Then another to sacrifice. Then another every month if I want to compound or withdraw. Is this correct?
On Aug 19, 2022 Im reading the average eth gas fee is 15usd. So would it cost about 15usd for each of the above transactions I mentioned? I remember hearing some time ago eth fees hitting hundreds of usd. If this happens again, a small investor is fucked in a project like this right?
This looks realy cool, outside crypto and having 4-7% is nice, lets see how this goes
Thank you Sam and Alex!
Such a great episode
Great interview!
Shit dude, thanks so much for the video.
You really went on to investigate all about the project, also scratching the surface of hydro whales as well and I appreciate it very much!
You weren't afraid to go for the hard questions as well!! Nice bro!
About the audits and the ndas, what did you find about them? Is everything real and working in place?
You said sth at the beginning I didn't quite get, are you their lawyer actually or what?
Thanks!
I've had and made colloidal gold/ nano gold. It has antiaging qualities.
Hydro whales rocks
Loving the AMA bullish on project 79 and hydrowhales