Precious metal GRNL coins

Although greenlers started out as a clothing brand, we were always conscious of the fact that our use-case may need to adapt, evolve and grow to meet the needs of ever changing society, this will keep us relevant.

Introduction

Although greenlers started out as a clothing brand, we were always conscious of the fact that our use-case may need to adapt, evolve and grow to meet the needs of ever changing society, this will keep us relevant. As well as clothing, Greenlers has begun a mission to tokenise precious metals, this vision started almost accidentally as we were simply looking for better quality metal accessories for our clothing such as zippers, keyring holders and buttons.

Selling Coins/Keyrings with our clothing

We realised we could make keyrings hangable from the zippers and pockets of our hoodies and joggers. We then instructed a supplier to make these keyrings in actual sterling silver.. which turned out to be a brilliant idea and open the doors for innovation

How it works
Greenlers keyring coins are uniquely engraved with a serial number, each time the coins are brought by a customer or passed on to a new owner. The owner is emailed a unique number. (E.g. GRNLQXSGXOYQ). This confidential number is essentially proof of ownership and each time the coin is passed onto a new owner, they would need the unquie code starting with – GRNL from the previous owner to validate the transfer of ownership. A confirmation email is sent to the previous owner – notifying them that the coin`s new owner is attempting to claim it’s ownership – which can be approved or rejected.

keyrings/coins can be brought on our website, tiktok shop or from existing owners wanting to sell. Payments could be made in crypto: GRNL,BNB, BTC etc.. or even in regular fiat.

What’s our aim
We aim to told a significant percentage of our market cap (10-15%) in precious metals .. this would essentially give greenlers tangible, intrinsic value and differentiate is from 95% of other regular cryptocurrencies.

Lost/damaged/stolen/smelted down –
We are aware that this can happen and would preferably be notified by the owner regarding a change of status in the coin, this is done via greenlers.com or greenlers app.

What’s the Incentive?
Holders are automatically entitled to staking rewards without having to lock Their GRNL in the staking vault.
Coins can be used as means of trace/exchange as there 20 grams of sterling silver, which as universal value almost anywhere.

We buy back our own coins!
Reselling the coins back to greenlers is more rewarding as greenlers has a formula to purchase the coin at a higher spot price, basically greenlers would pay more for thekeyrings then any local jewelers- (even after including delivery costs of sending back to our returns address). This would make sense as it would be in our interest to keep as many greenlers coins actively verified and in circulation. Additionally, it would compensate our manufacturing costs of having to replace the lost coins.