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Topic: [ANN][ICO][ODMC] ODMCoin [02|10—31|10] Oil and Gas sector - page 12. (Read 7887 times)

sr. member
Activity: 486
Merit: 250
Give me Filipino translation of ANN and Bounty threads. Philippines and Siberia almost belong to same part of Asia, though a bit far. Oil and gas on a blockchain. This could be millions.
member
Activity: 83
Merit: 10
IT Chief
How many coins will be issued? Can you breakdown how many sold to the public vs reserves, developers, bounties etc.
We add information on the website about token structure  Smiley
newbie
Activity: 56
Merit: 0
Sounds like something new even for the blockchain.  Grin Grin Grin
Definitely could be Smiley
newbie
Activity: 56
Merit: 0
More oil and gas coins occur Cheesy
Will this become an oil selling coins? or it's just using the oils price as the base price of this coins?
Looks like it Smiley ODMCoin is tied to a price of contract to process 1 tonne of mud, which is $132.
newbie
Activity: 56
Merit: 0
Grin too many ico everyday... anything can become ico... Oil drilling, :v next time coca, cacao or cow....
 Grin
 Roll Eyes your team infomartion look good but need more info.
More information will be added down the road, I am sure Smiley Feel free to reach out with questions to the team!
newbie
Activity: 56
Merit: 0
dont think this will go anywhere sorry
Your thoughts and ideas are greatly appreciated)
newbie
Activity: 56
Merit: 0
You have any bounty's? You need a German translation?
Yes, bounty campaign can be viewed at the website. Please, feel free to inquire on the website about German translation too!
newbie
Activity: 56
Merit: 0
WOW Shocked
The concept is so great, I'm sure this project will be a gathering place for big investors from around the world, and will certainly be one of the most promising long-term projects, I will continue to see the progress of the project for the next few days, good luck
Absolutely, let's stay in touch! Thank you all for support and right questions and comments, we appreciate critics too Smiley Lots of ongoing work and more updates.
Cheers!
newbie
Activity: 56
Merit: 0
How many coins will be issued? Can you breakdown how many sold to the public vs reserves, developers, bounties etc.

Is ODMCoin based on ERC-20 platform?

Hate to be a nit picker but there are quite a few spelling mistakes in your business plan: https://odmcoin.com/assets/files/docs/en/Business_plan.pdf. Thru (informal english not appropriate for business plans) -> Through (formal english), tone -> tonne/ ton (dependent on using english or american measurements). Please correct these as soon as possible.

Payback period of 1.5 years seems very ambitious. Is your depreciation set to 5 years? Please can you provide detailed revenue assumptions backed by your assumptions on the price of oil. When you speak about net profit is this actually EBITDA? Please can you detail your cost structure so that we can understand this profitability forecast.

Thank you

Awesome, thank you so much for your time and advice, really appreciate that. Spelling will be corrected and updated business plan will be uploaded shortly. Also thank you for the right questions, I think answers should be reflected on paper and published soon. Please, stay tuned for updates.

Cheers!
newbie
Activity: 56
Merit: 0
please stay away from this.

bitshares already has an asset trading platform and options. scam.

Sure, thank you, we'll stay away from asset trading platforms! Thanks for the warning  Wink
member
Activity: 84
Merit: 10
How many coins will be issued? Can you breakdown how many sold to the public vs reserves, developers, bounties etc.

Is ODMCoin based on ERC-20 platform?

Hate to be a nit picker but there are quite a few spelling mistakes in your business plan: https://odmcoin.com/assets/files/docs/en/Business_plan.pdf. Thru (informal english not appropriate for business plans) -> Through (formal english), tone -> tonne/ ton (dependent on using english or american measurements). Please correct these as soon as possible.

Payback period of 1.5 years seems very ambitious. Is your depreciation set to 5 years? Please can you provide detailed revenue assumptions backed by your assumptions on the price of oil. When you speak about net profit is this actually EBITDA? Please can you detail your cost structure so that we can understand this profitability forecast.

Thank you
full member
Activity: 518
Merit: 134
WOW Shocked
The concept is so great, I'm sure this project will be a gathering place for big investors from around the world, and will certainly be one of the most promising long-term projects, I will continue to see the progress of the project for the next few days, good luck
full member
Activity: 126
Merit: 100
TjLn6fRQ3KrC9ceikidm8wAXaB6AHqA1YV
Providing with oil or gas?
sr. member
Activity: 588
Merit: 250
More oil and gas coins occur Cheesy
Will this become an oil selling coins? or it's just using the oils price as the base price of this coins?
full member
Activity: 518
Merit: 101
Oil and gas sector projects?
I do not know, but I think a project with a concept like this, has always been a very big project, too big, I hope this is not a scam
This project has an ambitious and inaccessible plan, so sure of the price that will happen in July 2018, though I'm not so sure about this project, hopefully this project does not disappoint many people, and good luck
member
Activity: 83
Merit: 10
IT Chief
We add video about project on website! Wink
newbie
Activity: 56
Merit: 0
this is a great project i think because the token price is very high. it can reach $52.8 per ODMC. i hope this price rate can increase more and more on the exchange market.
It is certainly noticeable project Smiley This coin is backed by a contract to process 1 tonne of mud, large oil company agreed to pay $132 for processing that amount. That will impact the price on the exchange market too.
member
Activity: 160
Merit: 10
this is a great project i think because the token price is very high. it can reach $52.8 per ODMC. i hope this price rate can increase more and more on the exchange market.
newbie
Activity: 56
Merit: 0
Is this the FIRST Oil and Gas powered by blockchain? Roll Eyes ICO these days are running of out new ideas to include in their promise product.

Oil and Gas industry is a serious business and why launch a coin to raise funds?
Hi, it might be not the first one with blockchain crowdfunding to fuel further R&D and increase in current production, but definitely blockchain in general is in scope for Oil&Gas industries (https://www.blockchainoilandgas17.com/ - Conference in September, 2017 in Texas  Smiley )

newbie
Activity: 56
Merit: 0
Why you dare to ensure the price of coins in July 2018 coin price will reach 132
? Is not that dependent enthusiasts?
Hi, it's because of the market price that oil company would to pay ODMCoin company to process 1 tonne of drilling mud once they are operating.
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