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Topic: [ANN] Karuschain - 💍⛰👷‍♂️ Responsible precious metal mining 💍⛰👷‍♂️ (Read 4419 times)

copper member
Activity: 53
Merit: 0
🚀 💥 Karuschain is constantly evolving! We are excited to share that our IEO is over and that we will be transitioning into the next phase of our business. Stay tuned to follow the next steps on our journey to bring blockchain technology to the mining industry! 💥 🚀

copper member
Activity: 53
Merit: 0
What is the rate of your token?

0.10$

If you do not work directly with mining companies, then who bought 45 million tokens?

Our private and public investors

that is, KRS will not be associated with traded precious metals?

Karuschain helps to make mining and trading of the precious metals more transparent

Do you plan to expand your list of services in the future? For example, oil refining or logging

For now, we don’t have such plans
copper member
Activity: 53
Merit: 0
What is your key competitive advantage? Do you have any competitors? If they are not, maybe this industry is not so promising?

Some miners have their own blockchain, much like in most industries around the globe,there won't be one monopolistic firm. You don't have one mobile network provider, there will always be multiple players in any space. We just have a significant advantage by having our blockchain implemented into the largest ERP mining software provider on the globe. Combine that with team experience, proven blockchain technology and a real hunger to do it right, we believe we are well positioned to take a chunk of the $680bn industry

When will you launch your platform? I see you are ready to start

We have launched Beta version and now we are testing the platform with connected mining companies
newbie
Activity: 8
Merit: 0
What was the most difficult at the start of the project?
newbie
Activity: 25
Merit: 0
I read their wp and it looks interesting. But I can not decide on a serious investment, because their roadmap does not look convincing
hahaha don’t ask anything just buy KRS
newbie
Activity: 21
Merit: 0



do you think the profit of mining companies will increase from the use of karuschain?


It would be nice, for sure. We will do our best to not just increase the price of our token but to increase the profit of mining companies as well.


What will increase sales for mining companies that use Karuschain depend on?


If the company uses Karuschain, it means they comply with environmental standards and do not use child labor in gold mining. This will positively affect the growth in demand for the company's products
Gold mining is controlled by the state and / or local criminal groups. They will oppose the introduction of blockchain into their territory, IMHO
if they find a profit for themselves, they will easily launch the platform
newbie
Activity: 21
Merit: 0
Do you plan to expand your list of services in the future? For example, oil refining or logging
newbie
Activity: 9
Merit: 0


Will it be possible to track gems in your service, not just metals?


I think this is theoretically possible, but at the moment, the Karuschain team is only considering precious metals tracking


It all depends on the demand for this service. If mining companies are interested in gem tracking services, Karuschain may introduce such a service
Karuschain needs more options so that in the future they will not be displaced by competitors
I don’t think they will have competitors in the future. This field is hard to enter
newbie
Activity: 21
Merit: 0

You have already raised about $ 2 million. This shows investor confidence in your project! I think 2020 will be a successful year for Karuschain
How to check the reliability of these numbers?
On their website there are sections with documents. I think the reports will be there too
newbie
Activity: 5
Merit: 0

You have already raised about $ 2 million. This shows investor confidence in your project! I think 2020 will be a successful year for Karuschain
How to check the reliability of these numbers?
Nohow, that's the problem
newbie
Activity: 6
Merit: 0
Will precious metal buyers receive discounts on precious metals when using Karuschain?
Discounts will be given by the company that will directly sell the goods. Karuschain is just a guide
that is, KRS will not be associated with traded precious metals?
copper member
Activity: 53
Merit: 0
How will you interact with companies where child labor will be noticed? Contact the police??

By having mining companies prove and validate their processes on the blockchain, they cannot manipulate what they are doing. For artisanal/small scale miners, it will make it harder for them to sell their products (gold for example) if they can't show how and where the gold was extracted

Read this article, please: https://blog.karuschain.com/blockchain-in-mining-the-enemy-of-child-labor/
newbie
Activity: 6
Merit: 0
When is it planned to launch your Karuschain service and start providing services for mining companies?
I wonder when the near future will come which the admin told about
newbie
Activity: 6
Merit: 0
You have already raised about $ 2 million. This shows investor confidence in your project! I think 2020 will be a successful year for Karuschain
They have very experienced specialists from various fields, as far as I know
I have never heard companies hire bad specialists and incompetent staff. On the contrary, everyone shouts that his team is the best but come on, we can understand who we are dealing with only according to our personal experience
newbie
Activity: 14
Merit: 0
Blockchain in the mining industry? Seriously? Between the blockchain and real life there is a huge steep that calls common sense
newbie
Activity: 5
Merit: 0

Report from recent events where the project founder participated

https://twitter.com/karuschain/status/1223301614741737472
Have you started a collaboration with any mining company?
I heard that they are now collaborating with MineRP but I absolutely have no idea who these people are
newbie
Activity: 5
Merit: 0
I read their wp and it looks interesting. But I can not decide on a serious investment, because their roadmap does not look convincing
They and wp do not make me sure in their acative development
newbie
Activity: 8
Merit: 0
When will you launch your platform? I see you are ready to start
newbie
Activity: 6
Merit: 0
Will it be possible to track gems in your service, not just metals?
I thought that only gems can be tracked there! They need to clarify what and how we can track
As I understand, any metal or gem can be tracked through this platform
newbie
Activity: 4
Merit: 0
I am sure that most mining companies will begin to use your service, as this will attract more buyers of their goods
If they can regulate the legal field and will not be suppressed by the state. You see that production depends not only on the chain of intermediaries but also on the territory where it occurs
changing the type of logistics will be too costly
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