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(Precious) metal chips that you really don’t ever want to lose.
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What is PreciousChips®?
A PreciousChips® chip is a physical (precious) metal chip that has the same size and look as a casino chip, but is made from (precious) metals, from silver, gold, palladium and platinum. PreciousChips® chips also come in other types of metals like aluminum, brons, cupper-nickel and nordic gold for people that wants their PreciousChips® primarily for playing for example poker, black jack or baccarat.
The boxes and cases are sold for cash upfront or sold through a subscription model with a fixed duration between 6 months to 70 years. All subscriptions can be signed by anyone +18 years of age. Subscriptions that run from 30 to 70 years come with extra requirements before you can sign up for a subscription to a box or case.
A 70 year subscription is per chip in comparison with a 6 months subscription more expensive because of e.g. the longer insurance and storage costs, but a longer subscription lowers the monthly fee for people who would like to acquire a larger case. During the subscription length you can pay anytime the rest of the sum in one time to acquire the chips you reserved without penalty, or ask to increase your monthly payments to shorten the time to pay for the last chip you reserved.
The requirement for subscriptions longer than 30 years are that there needs to be a co-signer and/or one or more people need to be registered as eventual beneficiary/ies of the chips. A co-signer is not contractually obligated to continue with the payment when the subscription buyer becomes incapacitated to continue the monthly payments. In the case a co-signer cannot or does not accept taking over the monthly payments, when there is one or more beneficiary registered, it will be the beneficiary/ies, the one(s) with the right to receive the reserved chips which has been already paid, when the buyer of the subscription is not in a position to receive the chips anymore. In the case there is no beneficiaries, only a co-signer registered, then the co-signer becomes the beneficiary in the unfortunate event of the subscription buyers passing.
In the case of registering beneficiaries, this can for example be used by grandparents who can buy 70 year subscriptions for their grandkids, which can be left for their pension years. Eventually the grandkids when they reach adulthood can decide for themselves if they will take the payments over and pay it off faster if they want to receive the reserved chips sooner than when they’re reaching their pension years. In the unfortunate event the grandparents cannot continue the payment of the subscription and the grandkids haven’t reached adulthood, the guardians of the grandkids can decide if they will take the payment over. If not, and the subscription needs to be cancelled, then the grandkids can claim the reserved chips which has been paid for by the grandparents when they have reached adulthood.
We are a startup currently looking for funding to start. Once we achieve this goal our webshop can go live and you will be able to not only read more about how you can buy, but also you can go order a box or case directly or subscribe to one (or more).
The boxes and cases are sold for cash upfront or sold through a subscription model with a fixed duration between 6 months to 70 years. All subscriptions can be signed by anyone +18 years of age. Subscriptions that run from 30 to 70 years come with extra requirements before you can sign up for a subscription to a box or case.
A 70 year subscription is per chip in comparison with a 6 months subscription more expensive because of e.g. the longer insurance and storage costs, but a longer subscription lowers the monthly fee for people who would like to acquire a larger case. During the subscription length you can pay anytime the rest of the sum in one time to acquire the chips you reserved without penalty, or ask to increase your monthly payments to shorten the time to pay for the last chip you reserved.
The requirement for subscriptions longer than 30 years are that there needs to be a co-signer and/or one or more people need to be registered as eventual beneficiary/ies of the chips. A co-signer is not contractually obligated to continue with the payment when the subscription buyer becomes incapacitated to continue the monthly payments. In the case a co-signer cannot or does not accept taking over the monthly payments, when there is one or more beneficiary registered, it will be the beneficiary/ies, the one(s) with the right to receive the reserved chips which has been already paid, when the buyer of the subscription is not in a position to receive the chips anymore. In the case there is no beneficiaries, only a co-signer registered, then the co-signer becomes the beneficiary in the unfortunate event of the subscription buyers passing.
In the case of registering beneficiaries, this can for example be used by grandparents who can buy 70 year subscriptions for their grandkids, which can be left for their pension years. Eventually the grandkids when they reach adulthood can decide for themselves if they will take the payments over and pay it off faster if they want to receive the reserved chips sooner than when they’re reaching their pension years. In the unfortunate event the grandparents cannot continue the payment of the subscription and the grandkids haven’t reached adulthood, the guardians of the grandkids can decide if they will take the payment over. If not, and the subscription needs to be cancelled, then the grandkids can claim the reserved chips which has been paid for by the grandparents when they have reached adulthood.
We are a startup currently looking for funding to start. Once we achieve this goal our webshop can go live and you will be able to not only read more about how you can buy, but also you can go order a box or case directly or subscribe to one (or more).
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Why PreciousChips®?
For you
With PreciousChips® we make it accessible for you to acquire the physical ownership of significant quantities of silver, gold, platinum and palladium without needing to pay a huge amount of money upfront. The subscription model we are introducing to the market makes use of the power of the group. By grouping the subscriptions we can make larger orders to lower the per kilo price of the (precious) metals from our supplier. The subscription prices include the inventory storage costs for the whole subscription length, which also gives us the chance to being able to buy the (long term) inventory at moments when the market is significantly lower than the average price per kilo of the combined subscriptions. This grouping of subscriptions is also the reason why we can guarantee that someone who takes a 40 year subscription and who after 5 years gets the means to pay the subscription amount in one time, can after payment receive the box or case they subscribed to without paying a penalty.
As an example, each precious silver edition (pure silver) PreciousChips® chip weights 46,1 gram (or 1,48 troy OZ), so the largest case, 1.000 pieces of pure silver PreciousChips® gives you 46,1 kilo (or 1.482 troy OZ) of pure silver. By taking for example a 60 year subscription you will lower your monthly payments, but in the end pay more per kilo for the silver than if you have bought it directly, but you are guaranteed that after paying all installments, you will receive the chips from the serie(s) and edition(s) of PreciousChips® you subscribed to.
For everyone
In our current economic system only people with the direct financial means can acquire significant amounts of precious metals that can give them at least the feeling of having long term financial security that protects them from inflation and (equity) market downturns. We believe that three of the most serious threats humanity is currently facing is the wealth inequality gap, the destructive consequences of climate change and mass extinctions of species because of human activity. With all of these 3 threats the (precious) metals industry is a net contributor to the problem.
PreciousChips® is a product designed to help people and planet. 49% of the profits of PreciousChips® go to our shareholders and 51% of the profits go to the More Wild Animals Foundation. Without (precious) metals, like gold and cupper we literally cannot have for example the smartphones we have today. The current problem with (precious) metals in the world is the mining of it. If the average mining operation today are not hurting and abusing the people (financially and/or physically) working to find these valuable materials for us, they are hurting and abusing the natural world. The abusing of the natural world even continues after a mining operation is abandoned, because the industry still leaves most abandoned mining operations dug open, and some even with too poisoned grounds.
Together with the incorporation of PreciousChips® we will incorporate the More Wild Animals Foundation which is a non-profit foundation where we will use the obtained funds for 3 main things;
- contribute in turning the tide of the mass extinction of all types of species happening in our world by investing in giving more areas of the planet to flora and fauna and working with partners to (better) protect these wildlife areas
- work with the (precious) metals industry to give abandoned mines back to nature and to redevelop (some of) them in eco friendly smart economic development areas for living and working for the surrounding local communities
- in bringing awareness of our destructive human activities and in the education of people on how to better co-exist with all of the other residents of our planet.
With PreciousChips® we make it accessible for you to acquire the physical ownership of significant quantities of silver, gold, platinum and palladium without needing to pay a huge amount of money upfront. The subscription model we are introducing to the market makes use of the power of the group. By grouping the subscriptions we can make larger orders to lower the per kilo price of the (precious) metals from our supplier. The subscription prices include the inventory storage costs for the whole subscription length, which also gives us the chance to being able to buy the (long term) inventory at moments when the market is significantly lower than the average price per kilo of the combined subscriptions. This grouping of subscriptions is also the reason why we can guarantee that someone who takes a 40 year subscription and who after 5 years gets the means to pay the subscription amount in one time, can after payment receive the box or case they subscribed to without paying a penalty.
As an example, each precious silver edition (pure silver) PreciousChips® chip weights 46,1 gram (or 1,48 troy OZ), so the largest case, 1.000 pieces of pure silver PreciousChips® gives you 46,1 kilo (or 1.482 troy OZ) of pure silver. By taking for example a 60 year subscription you will lower your monthly payments, but in the end pay more per kilo for the silver than if you have bought it directly, but you are guaranteed that after paying all installments, you will receive the chips from the serie(s) and edition(s) of PreciousChips® you subscribed to.
For everyone
In our current economic system only people with the direct financial means can acquire significant amounts of precious metals that can give them at least the feeling of having long term financial security that protects them from inflation and (equity) market downturns. We believe that three of the most serious threats humanity is currently facing is the wealth inequality gap, the destructive consequences of climate change and mass extinctions of species because of human activity. With all of these 3 threats the (precious) metals industry is a net contributor to the problem.
PreciousChips® is a product designed to help people and planet. 49% of the profits of PreciousChips® go to our shareholders and 51% of the profits go to the More Wild Animals Foundation. Without (precious) metals, like gold and cupper we literally cannot have for example the smartphones we have today. The current problem with (precious) metals in the world is the mining of it. If the average mining operation today are not hurting and abusing the people (financially and/or physically) working to find these valuable materials for us, they are hurting and abusing the natural world. The abusing of the natural world even continues after a mining operation is abandoned, because the industry still leaves most abandoned mining operations dug open, and some even with too poisoned grounds.
Together with the incorporation of PreciousChips® we will incorporate the More Wild Animals Foundation which is a non-profit foundation where we will use the obtained funds for 3 main things;
- contribute in turning the tide of the mass extinction of all types of species happening in our world by investing in giving more areas of the planet to flora and fauna and working with partners to (better) protect these wildlife areas
- work with the (precious) metals industry to give abandoned mines back to nature and to redevelop (some of) them in eco friendly smart economic development areas for living and working for the surrounding local communities
- in bringing awareness of our destructive human activities and in the education of people on how to better co-exist with all of the other residents of our planet.
