More information

Background on 40ATCE and the trust's gold mining plans. Information only.

About this page

This page brings the information from the former 40ATC Elite site into the coin site. The token's name is 40ATCE. Earlier statements have been rewritten as plans and goals.

The token today

40ATCE is an ERC-20 token on Ethereum with a fixed supply of 17,000,000, no mint function and no proxy. Nothing backs the token today. Holding it gives no claim on gold, mines, revenue or any other asset of the trust.

Gold mining plans (separate from the coin)

Senegal, Kédougou region: the trust holds leasing rights to about 5,000 hectares, including a mine and surrounding land believed to contain gold, iron and copper. An independent NI 43-101 technical report is planned, pending funding. No resource has been confirmed.

Colombia, Las Animas: the trust reports an agreement related to the Las Animas gold mine. No value or amount is claimed.

An earlier NI 43-101 report exists for the Colombia mine. We are waiting on an updated technical report under the current U.S. standard (SEC S-K 1300). Until it is complete, 40ATCE is not backed by gold or any asset. Any future backing would only be considered after the updated report.

Once the updated report is complete, we plan to seek recognition of the in-ground gold as an asset that could support 40ATCE. That depends on the report results and is not guaranteed.

We give no amounts or values for any gold.

These projects belong to the trust. They do not back 40ATCE today.

Goals for the token

Liquidity lock and supply plan

Official 40ATCE contract: 0x81d9b9edA8f797D327D2742012C9614b5e5033Ca (View on Etherscan)

Done: all liquidity in the 40ATCE/USDT Uniswap V2 pool is locked on PinkLock for 10 years, until October 17, 2036. Lock ID: 1021484. See the lock transaction on Etherscan

Done: 3,152,246.61 40ATCE from the trust's server wallet are locked on PinkLock for 5 years, until October 20, 2031. Lock ID: 1021485. See the lock transaction on Etherscan

Done: all 11,990,000 40ATCE from the MetaMask hot wallet, the public allocation, are locked in a PinkLock vesting lock. Lock ID: 1021486. 1,999,932 unlock each year around October 20 from 2027 to 2031, and the final 1,990,340 unlock on October 18, 2032. See the lock transaction on Etherscan 0x9660348eB26b6504d41f5bdF834B51C7657fCb99

Exactly 100,000 40ATCE stay unlocked in the server wallet for giveaways. 0xcD661A8E14d2b5516818b9D911e4c03fE6eAA645

In the first year, the public supply is the roughly 1.76 million 40ATCE already in the Uniswap pool. Today only those coins and the 100,000 giveaway coins are unlocked.

The trust's share is about 5.01 million 40ATCE: about 3.15 million locked, 100,000 free and about 1.76 million in the Uniswap pool. The coins in the pool stay tradeable. The liquidity lock does not stop trading.

The total supply is fixed at 17,000,000. No one can mint more coins, and there are no owner controls. The locks are separate PinkLock locks, not part of the token contract.

This is not a promise of price or profit.

Contact

See the supply table on the coin page.

Eric, Executive Assistant, eric@40acretrust.xyz

Patrick Gillum, Founder: patrick@40acretrust.xyz · patrick@40acretrust.com