Remechain is a platform for trading and information support of the participants of the secondary metal market: sellers and buyers (large metallurgical enterprises).
Secondary metals could be categorized into ferrous and non-ferrous metals and decommissioned electronic components with non-ferrous metals. Secondary metals are processed by metallurgical companies into industrial metals.
The existence of secondary metals market is not obvious for a wide range of potential investors. Market is arranged by the B2B model (business to business) and has a set of typical problems.
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BTCFacts and figures about the scrap metal market:
• The cost of scrap is 4 times lower than the cost of iron ore, which is a traditional resource for the metallurgical industry.
• The efficiency of scrap processing can reach up to 99% (scrap weight / finished product weight).
• The global value of all documented transactions of purchase/sale of secondary metals for 2016 exceeded 106 billion USD.
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BTCThe goal of Remechain.
The purpose of Remechain is to resolve the fundamental problems of metal market participants and provide practical and informational assistance in conducting their business.
The Remechain method is the creation of an technological industrial platform with unique business opportunities:
• Open information about the participants
• Providing financial security of transactions through a smart contract and escrow-account
• Presenting quality standards for estimation scrap quality and scrap value
• Select the optimal logistics chain for each transaction
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*For the implementation of logistics solutions we will use the technology of the IMMLA project - http://immla.io/.
Demonstration of the logistics module - https://www.youtube.com/watch?v=sqvSjs8fsXI
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• Automatic formation of Documents on the basis of a smart contract for unloading into a traditional paper form. (For Tax, Accounting, and Customs Control)
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BTCRemechain business model
Remechain conducts ICO for the globalization of the business and scaling of the model. The project attracts funds through the public sale of iRMC tokens. Tokens gives holders the right to receive a share of the company's profits with the ability to sell tokens back to Remechain at market value approximately 6 months after the ICO.
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*Estonia is chosen as the country of legal basis. Legislation and society there is loyal to the crypto-currencies and ICO.
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Remechain is a commercial product whose final users are secondary metal market participants: scrap receiving sites, metallurgists and organizations that accompany transactions between them.
The profit of the Remechain platform is 1% of the value of all deals, after deduction of costs. 50% of net profit is used to reward investors and is evenly distributed to each token, while the other 50% is used to purchase and eliminate tokens (buy back). The value of the tokens is tied to the value of all deals entered by participants.
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BTCWho we are and what our experience on the market is.
1. LLC "Taimmet" - the only scrap metal receiving network company in Russia, working on a franchise model. The company was established in 2014. The structure of the group, as on December 2017, includes 14 sites, each of which shows a growing positive financial result. The parent company provides a comprehensive solution for the organization, management and development of business in the collection and trade of secondary metals. Franchisees get a ready business model, help in recruiting and hiring staff, information about regional buyers. "Taimmet" conducts regular meet-ups to improve the skills of managing partners. In December 2017, the company turned 300 potential franchisors.
Website - http://timemet.ru/
2. Lominfo.ru - our complete and working prototype of Remechain only without integration of the blockchain! The platform was developed in 2015/2016 for 4 months by a team of programmers from the company "Webest" LLC, which specializes in creating commercial IT products. Now "lominfo" provides all the functionality claimed in Remechain, the exception is the system of smart contracts and the provision of escrow.
Website - http://lominfo.ru/
The goal of Remechain ICO is to finance the development of blockchain infrastructure, globalization, and scaling based on current business experience.
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BTCPartners and business resources
Working in the secondary metals market, we have accumulated a significant amount of business assets in Russia and Belarus. Therefore, by the way, we can quickly and confidently promote the product on the local market.
1. Database of 6000 organizations and entrepreneurs involved in the secondary metals market.
2. Established commercial relations with the giants of Russian metallurgy, such as:
• OJSC Severstal
• OJSC "Magnitogorsk Iron and Steel Works"
• CJSC "Volga-FEST"
• Izhstal OJSC
• LLC "Volzhsky Pipe Plant".
The total annual turnover of these companies exceeds one billion dollars
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* Up to 30% of raw materials used in production are scrap metals.
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3. Unified scrap metal scoring system, aggregating rules and industry regulations existing on the market.
4. Database of 400 transport and logistics companies of the CIS engaged in the transport of secondary metals by road, rail, and sea.
5. Direct contacts with commercial managers of 64 German and Turkish metallurgical plants.
6. We cooperate with CryptoBazar, the only Russian fund investing in ICO. CryptoBazar expressed its approval on the issue of investment participation, provided that the block-infrastructure (smart contract + escrow) ready on our side is ready for commercial use. At the moment they help us with marketing and participation in off-line conferences on blockchain, cryptocurrencies, and ICO
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BTCCurrent Remechain Pre-ICO: 12/11/17 - 01/11/18
Remechain Pre-ICO is the public sale of iRMC with Soft Cap in 160 000 iRMC and Hard Cap in 600 000 iRMC. For the convenience of calculations, 1 iRMC ~ 1 $ (it is dynamically expressed through the ETH exchange rate).
In total, we plan to sell 6 600 000 iRMC tokens during 2 stages until the end of February 2018. Unsold tokens will be eliminated in order to maintain the value ratio in proportion to the project's capitalization.
• 600 000 ($) iRMC - will allow us to cover fully the Russian market of secondary metals already in 2018.
• 1 200 000 ($) iRMC - to enter the Turkish and German markets in 3-4 quarters of 2018 and attract the first thousand foreign organizations in the scrap recycling industry
• 2 500 000 ($) iRMC - enter the Chinese market (it is the largest exporter and consumer of scrap in the world) in 2018/2019.
• $ 4,000,000 ($) iRMC is the work of Remechain in the Baltics and countries of Eastern Europe, Spain, and France, Finland, Sweden.
• $ 6,000,000 ($) iRMC - the American market entry.
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Also, we note that the part of the collected funds - up to 25% will be frozen as a financial reserve, which can be used for the planned fulfillment of obligations to buy back tokens and pay rewards to holders. This is a guarantee of Remechain's financial responsibility to investors in case the market profit is lower than planned.
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BTCQ&A:
Q: What happens if Pre-ICO or ICO fails?
A: We'll start Remechain anyway. The success factor of ICO, as mentioned above, affects only the speed of scaling and globalization of the project. In case of failure, the collected funds will be returned to investors according to the rules of the smart contract.
Q: Do you have competitors?
A: No competitors in Russia and Europe. There are American competitors without integration of the blockchain technology
• https://scrapconnection.com/
• https://iscubapp.com/
• http://www.americanscrapmetal.com/
• http://www.scrapmonster.com/
Q: Why did you decide to conduct an ICO?
A: To decentralize the platform management, i.e. to exclude the direct influence of one strategic investor on decision-making. We provide in iRMC tokens the right to participate in management and voting on decisions of the company's activities in the future. The placement of the project through classic IPO, which relieves us of the monopoly of one investor, is impossible since Remechain does not conduct current commercial activities and has no capitalization.
Q: And how does this affect me?
A: You can participate and purchase tokens on Pre-ICO before January 11th. By the way, our smart contract provides for the possibility of buying iRMC tokens for any ERC20 (Ethereum-based) tokens.
Success? - We go further, we make and earn together. Failure - money is returned and you are again in search of a good project.
And finally, of course, we would like to wish to everyone a Mery Christmas and Happy New Year!
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https://remechain.net/ (not translated into Russian)
https://remechain.net/docs/en/Whitepaper_eng.pdf - WhitePapper
http://remechain.io/ (there is a Russian version)
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Social networks:
https://t.me/RMCICO - Telegram (multilingual)
https://github.com/remechain - 1 0 0 0 1 1 0 1
https://www.facebook.com/remechain/ - please go and follow our page!
Questions & comments are welcome. The networks are open for discussion!
Topic: 🔵 [Coin of metallurgists] 🔵 [Remechain] 🔵 Happy New Year! (Read 116 times)
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