Elevating Gold to the Digital World
Inspired by the lackluster gold industry as it is today, the Matador Network aims to revolutionize the way we buy, sell, and earn from gold. Far from the clunky procedures and processes of the past, the Matador Network provides an easy-to-use, portable, and most importantly, accessible platform.
Warren Buffett
CEO, Berkshire Hathaway
J.P Morgan
Founder, J.P. Morgan & Co.
Elgin Groseclose
Economist
Robert Ringer
American entrepreneur & author
Kevin O'Leary
Canadian businessman & author
The gold market today
Despite technological advances and the rise of internet usership, the gold industry is the same today as it was 25 years ago. As one of the most stable asset classes, historically and globally, gold faces several challenges as we head further into the 21st century, and beyond.
As it stands, the global gold market lacks oversight.
- It is extremely challenging for investors to certify the location and even the existence of physical gold.
- The paper gold market is excessively larger than the physical gold market, causing discrepancies between supply and demand.
- As of 2021, almost all gold traded in London was unallocated and without legal title, making it easier to trade, but also raising concerns about legitimacy and transparency.
This lack of certification and transparency has created an alarming amount of industry secrecy.
- Minimal data on outstanding gold deposits/loans.
- Minimal data on allocated and un-allocated gold.
- Minimal data on gold reserves at central banks.
- Minimal data on physical shipments of gold.
Over the last two decades, gold has had sub-optimal returns when compared to equity markets.
- More worrisome is that gold is losing its luster as other stores of value (such as cryptocurrencies) are becoming more mainstream.
- A growing number of retail and institutional investors are beginning to allocate assets to cryptocurrencies instead of gold.
The Global Gold Market Needs a revolution
Now or never, it's time to elevate gold to the digital world.
A Platform for MODERNIZING Gold
Matador enables a company to effortlessly convert and monitor their gold digitally, providing 24/7 access to the gold market.
BUY, SELL and EARN with REAL GOLD
All physical gold underpinning the Matador Network will be custodied at a distributed network of MATADOR-certified vaults.
The gold will trade on Matador’s platform – enabling users to earn loyalty points via their gold holdings.
FEWER TRANSACTIONAL FEES
Matador Network’s infrastructure eliminates costly, unnecessary transactional fees for the user.
With flexible payment terms and fewer fees, gold is being democratized and available to users of wider geographic, demographic, and financial backgrounds.
SECURITY AND STABILITY
Your data is stored safely under SSL encryption for protection of your personal and financial details, while all Matador gold is stored securely at a network of certified vaults (including the Royal Canadian Mint) for protection of your physical assets.
Login from anywhere you are to track holdings with up-to-the-minute analysis features.
Why Modernize gold?
Consumers are used to innovation in nearly every area where they spend and invest. Bringing gold to the modern-era helps it keep up with the rest of technological innovation.
FINANCING FOR LONG TERM INVESTMENTS
Acquire gold on the Matador Network with versatile financing options, opening up the market to new and diverse buyers.
Portability and increased accessibility
Interacting with gold on our platform provides market access to buyers and sellers 24/7/365 with built-in storage alternatives.
TRACEABILITY & ACCOUNTABILITY
Digitizing gold allows greater transparency into the specific location of the a user’s gold, right down to the specific vault.
How the process works
Effortless Onboarding
A corporate gold owner will log into the Matador Network to list their gold holdings on the Matador platform. No technical skills required.
The technology "Gold Standard"
The user’s gold can now be used on the Matador Network – and is certified to be backed 1:1 with actual physical precious metals making them ‘as good as gold’.
Utilize your Gold
Consumers can buy or sell gold on Matador, enabling them to earn through Matador’s industry-leading loyalty program.
Executive Team
We've assembled an experienced executive team with a wealth of technology, gold industry, and finance leadership.
Deven Soni is an experienced operations executive and investor. He spent several years as a technology-focused investor at Goldman Sachs and Highland Capital Partners where he invested over $200mm in technology growth and venture deals as aprivate equity investor. Deven has deep experience with asset digitization, co-founded Wired Investors, a tech-focused buyout firm that acquired 12 businesses between2015-2017.
Andrew Almeida is an experienced portfolio manager, entrepreneur, and CFA charterholder.
His career extends over 13 years working across financial services at firms including: JPMorgan, Advisors Asset Management, and City National Bank where he served as Associate Portfolio Manager on $1.25 Billion of multi-asset class portfolios.
Forest has over 15 years of expertise in software development and consulting, working with companies including Republic Finance, Netchex, and CRMseries.
Forest is the founder and CEO of Nubitz, a technology firm based in Louisiana that specialises in the creation and consultancy of custom software, will expedite the launch of Matador's product and greatly broaden its range of services and vision.
Mr. Nigel Holmes is a co-founder of the the WIN Fund, a follow-on fund for Canada’s most successful Venture Fund, Summer Hill Ventures. Formerly, Nigel worked as a banker with GMP securities, as well as hedge fund investment analyst and corporate development executive with Galileo and US Global Investors. In addition, he worked as a corporate development executive with Scribble, and Brass Real Estate. As a capital allocator, Nigel was a seed investor into Hive Blockchain, Hut 8, Abaxx Technologies, Base Carbon, and Tokens.com
Addison Cameron-Huff is a programmer turned lawyer who’s been working in the blockchain industry for the better part of a decade. As product counsel he has assisted many Canadian and international businesses in bringing new products to market. His commercial drafting work has been used by companies that have served millions of Canadians. Beginning with his role in Ethereum as legal counsel back in 2014, and continuing today with some of the largest players in the cryptocurrency industry, Addison is a highly sought after lawyer who combines business, technical, and legal knowledge to reduce risk, grow businesses, and ensure long-term competitiveness.
Henry has a decade of leadership experience in tech, including serving as Chief Marketing Officer at Summit Maker, REsimpli, and now Matador. Henry is also the owner of Cactus Marketing, a digital marketing agency that specializes in helping tech startups reach their first $1 million (USD) annual recurring revenue goal.
Board of Directors
We've assembled an experienced executive team with a wealth of technology, DeFi, and crypto knowledge
Deven is an experienced operations executive and investor. He spent several years as a technology-focused investor at Goldman Sachs and Highland Capital Partners where he invested over $200mm in technology growth and venture deals as a private equity investor. Deven has acquired and helped scale over 20 successful companies as a co-founder of Wired Investors (a tech-focused buyout fund), Snowball Industries (a home-services focused holding company) and Acquira (an incubator focused on business acquisitions). He’s also an active digital asset investor and helped launch Tokens.com as its founding COO and CIO.
Donato serves as co-founder of Hillcrest Merchant Partners, and has significant experience in M&A, hostile defense and fairness opinions. He has an extensive background in the financial services industry spanning approximately 20 years, including five years at Dundee Capital Markets, first as Director of Institutional Sales, then as Co-Head of Investment Banking.
Donato was an advisor in the merger of the four public companies in what was the restart of Osisko Mining. An early mover into the Cannabis industry, Donato took Bedrocan Canada public (the second LP to go public in Canada). Donato has advised on the first two major transactions in the Cannabis space, most recently advising Canopy Growth Corp. on the $430MM acquisition of Mettrum and prior to that, advising Bedrocan on the sale to Tweed resulting in the creation of Canopy Growth and “the house of brands” strategy.
President, CEO and Director of Manitou Gold Inc., a TSXV listed gold explorer. Mr. Murphy has 25 years of experience as a Senior Geologist, President and CEO of a number of TSX and TSX-V listed companies.
He has successfully completed multiple IPOs, financings, acquisitions and divestitures with these companies.
Dave Forestell serves as Vice President, Stakeholder Relations (Canada) for TC Energy. Previously, Dave served as Vice President, International Corporate and Commercial Banking and as Vice President, Office of the President and CEO at Scotiabank. He has held senior positions in government and the private sector. He worked overseas in Chile and Venezuela and speaks fluent Spanish. While in Chile, Dave led corporate affairs and corporate social responsibility for several mining projects and served as Chair of a Joint Venture Board of Directors. Dave is Chair of Board of Directors of iGaming Ontario Board and cross-appointed to the Board of Directors of the Alcohol and Gaming Commission of Ontario. He is currently serving on the Board of Governors for the Ontario College of Art and Design University. Mr. Forestell obtained his B.A. and LLB from Western University.