MAPR’s backing assets
At the moment MAPR’s price is backed by seven mines located in Mexico: Mina del Oro, Mina CR & Mina Amplicacion del Oro, Guadalupe, La Guadalupe II, Gramos de Oro, La Fortuna, and Santiago Apostol. The total price of precious metals reserves mines contained within these mines is estimated at about $4.7 trillion.
Mexico is one of the top-10 gold producing countries in the world, occupying 9th position with 3.247 tons of gold produced yearly. As for silver, Mexico is the top producer in the world. According to research done by the Silver Institute, in 2017 Mexico was responsible for almost a quarter of the global silver production with 6.108 tons.
So, Maya Preferred 223 partners have control over more than half of the country’s gold reserves, and the MAPR team is assuring investors that new partnerships, which will raise the price of the token, even more, are already on the way.
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