The native membership token of Otago Gold, OGT (Otago Gold Token), serves as the utility token for the ecosystem, enabling users to transact, and participate in tours and other activities.

Four-Tier Token System:

Otago Gold introduces a four-tier token system, allowing participants to choose from different levels of participation, each with distinct benefits and levels of PAX Gold airdrops.

Tier 1 Tokens:    Number Available: 10

• Benefits: Token holders receive the highest PAX Gold airdrops, exclusive access to the Arrow River and Shotover River prospecting permits (as well as other areas we may partner with), and direct interactions with mining celebrities in various countries.
• Target Audience: Investors seeking highest PAX Gold airdrops and the potential for active involvement in the project.
  

Tier 2 Tokens:     Number Available: 250

• Benefits: Regular PAX Gold airdrops, access to the Arrow River and Shotover River prospecting permits, and participation in special events.
• Target Audience: Enthusiasts seeking regular PAX Gold airdrops and a high level of engagement in Otago Gold.

Tier 3 Tokens:     Number Available: 500

• Benefits: PAX Gold airdrops albeit less than upper-tier tokens, along with access to the Arrow River and Shotover River prospecting permits. Tier 3 retains most of the utility benefits provided by higher tiers.
• Target Audience: Participants interested in engaging with the project without a large upfront expenditure.

Tier 4 Tokens:     Number Available: 1,000

• Benefits: Smaller yet consistent PAX Gold airdrops and access to the Arrow River and Shotover River prospecting permits. Designed for smaller crypto holders who want to be a part of the Otago Gold experience.
• Target Audience: Interested amateurs and gold mining enthusiasts.

Gold Distributions:

Only 50% of the available 1760 tokens minted will be made available to token holders. The other 50% will be held by the project creators and will form the basis of their remuneration.

Each troy ounce of gold that is mined, after operating expenses have been deducted, will be distributed to token holders on the following basis:

25% divided equally to each of the 10 individual Tier 1 token holders

25% divided equally to each of the 250 individual Tier 2 token holders

25% divided equally to the 500 individual Tier 3 token holders

25% divided equally to the 1000 individual Tier 4 token holders.

There will be no limit on the number of tokens that can be held by any one holder.

Holding multiple tokens will entitle the holder to that token’s distribution irrespective of the total number of tokens they hold.

In addition, there may be the potential to redeem part or all of the token’s value, as a credit towards one of Otago Gold’s tour packages.