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Topic: [ICO][ANN] ZrCoin [11|05—09|06]Commodity-backed blockchain - page 132. (Read 149587 times)

full member
Activity: 770
Merit: 100

I am curious on the dev teams answers to these as well. And also on the Buy back - will you be buying back from exchanges of you'll set up a website for redemption/ buying back the tokens from investors?


Buy-back will be processed in dashboard of our website.
It will be easier to check for investors, than checking exchanges.
full member
Activity: 770
Merit: 100
Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you

The main thing is that Waves platform allows users to generate tokens easily. The platform can be used to pay dividends on each token.
Moreover, it has been designed in Russia and we are going to create our "green production" in Russia as well, thus it's good connection and has great developmental potential.
full member
Activity: 770
Merit: 100
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

Minimal cap is 3.5 millions $

So how much exactly in zr coins or in fiat will go to signature campaign? If 0.7% will go to the signature campaign then 3.5m x 0.7 = $2 450 000
I'm interested on this project but i've not decided yet.

If 0.7% will go to the signature campaign then 3.5m x 0.7 = $2 450 000

Use calculator and your skills from primary school how to count %, please.
Sorry

2 450 000 - is 70%
full member
Activity: 770
Merit: 100
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

So $2.1m will go to signature and avatar campaign? 3m x 0.70 is 2.1m

No, 0,7% from 3.5 millions is 24 500 coins.

hero member
Activity: 672
Merit: 500
Zirconium dioxide (ZrO2) takes the form of colorless crystals with a fusion temperature of 2,715°C. It has one of the highest melting points of all metal oxides. Zirconium dioxide is one of the most highly in-demand zirconium compounds in the industry. Naturally it occurs as brazilite or zirconium dioxide, a white powdered crystal of a grey or yellow shade. It can be produced using an iodide refining method, where simple metal zircon shavings are used as raw materials. Zirconium dioxide is used to produce ceramics, including in prostheses, illumination and refractories, as well as in the manufacture of glass furnaces, etc.


I'm interested in the method of production of Zirconium, I'd like to see illustrated
sr. member
Activity: 742
Merit: 397
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

Minimal cap is 3.5 millions $

So how much exactly in zr coins or in fiat will go to signature campaign? If 0.7% will go to the signature campaign then 3.5m x 0.7 = $2 450 000
I'm interested on this project but i've not decided yet.
full member
Activity: 770
Merit: 100
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

Minimal cap is 3.5 millions $
sr. member
Activity: 742
Merit: 397
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

So $2.1m will go to signature and avatar campaign? 3m x 0.70 is 2.1m
sr. member
Activity: 353
Merit: 250
Another question: do you know were to plan the bouilding of the zirconium factory? Where will the location be?
sr. member
Activity: 588
Merit: 268
Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you
Generally, it is easier to use wave platform, and considering the background of the project rooted in russia, it is believed that it has greater prospects there.

With waves all you need is just plug-ins, which makes things alot simpler as you dont have to code complicated contract
sr. member
Activity: 588
Merit: 268
Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you
Generally, it is easier to use wave platform, and considering the background of the project rooted in russia, it is believed that it has greater prospects there.
sr. member
Activity: 364
Merit: 250
Hi to everybody,

I'm new, how can I start to understand this crypto? Is there any reference? Is it the white paper the first page?

thanks a lot.

I'm a noob


Hi, claudio. Of course! Here is the FAQ https://zrcoin.io/faq
Video - https://www.youtube.com/watch?time_continue=17&v=L9ELGZN7GzQ
White Paper - https://zrcoin.io/files/Whitepaper_ENG.pdf

All for you Smiley
sr. member
Activity: 353
Merit: 250
Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you
full member
Activity: 308
Merit: 100
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.
sr. member
Activity: 742
Merit: 397
What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.
sr. member
Activity: 588
Merit: 268
when the project will be up to speed, I will have a token, Zrcoin, that I will be able to trade with different commodities ? Still, there is not a exchange specialist crypto and raw materials ! these markets are a monopoly and are not easily scalable and will not be easy to create a new exchange with the traditional rules
It is a good step forward to put commodity trading on block chain, I think many companies are looking what is going to happen with this project.  I totally support this project and this idea in general.


I also like very much the idea, it is fantastic market semidecentralizzato of raw materials, but consider that today, this type of goods is being dealt with by the monopolies which are very strict that you are not willing to sell their primates

Yes I think it too. This way of make fundraising helping a good project is a way for the project not to be controlled by big investors and be free to express its identity and a way to give to small or big investors worldwide a possibility to invest and make profit too, helping the project.

I hope more projects will adopt the same strategy in the future.

One step ahead! This creates an environment of trust for investors.
sr. member
Activity: 588
Merit: 268
Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.
sr. member
Activity: 353
Merit: 250
when the project will be up to speed, I will have a token, Zrcoin, that I will be able to trade with different commodities ? Still, there is not a exchange specialist crypto and raw materials ! these markets are a monopoly and are not easily scalable and will not be easy to create a new exchange with the traditional rules
It is a good step forward to put commodity trading on block chain, I think many companies are looking what is going to happen with this project.  I totally support this project and this idea in general.


I also like very much the idea, it is fantastic market semidecentralizzato of raw materials, but consider that today, this type of goods is being dealt with by the monopolies which are very strict that you are not willing to sell their primates

Yes I think it too. This way of make fundraising helping a good project is a way for the project not to be controlled by big investors and be free to express its identity and a way to give to small or big investors worldwide a possibility to invest and make profit too, helping the project.

I hope more projects will adopt the same strategy in the future.
hero member
Activity: 672
Merit: 500
when the project will be up to speed, I will have a token, Zrcoin, that I will be able to trade with different commodities ? Still, there is not a exchange specialist crypto and raw materials ! these markets are a monopoly and are not easily scalable and will not be easy to create a new exchange with the traditional rules
It is a good step forward to put commodity trading on block chain, I think many companies are looking what is going to happen with this project.  I totally support this project and this idea in general.


I also like very much the idea, it is fantastic market semidecentralizzato of raw materials, but consider that today, this type of goods is being dealt with by the monopolies which are very strict that you are not willing to sell their primates
sr. member
Activity: 473
Merit: 250
also how do you gurantee that you will buy back, etc?

Thank you for this question.
We should also include it as Friquently Asked Question.

The motivation is clear. Team of developers are respected people and experts from their professional fields.
Here they combine their efforts to rich the common goal - to create real plant with unique technology, green production of Dioxide Zirconium concentrate.

If it would be a scam, it would be too complicated scam. All people from team can be googled and checked.

Also they hope, if this project will be succesfull, they can crowdfund for their other projects. Bigger and more serious.

Actually 3.5 millions $ is not so big amount to make risks to lose reputation. I mean, there is opportunity to earn much more and we hope, people support our idea and ll join us.

Together we can build new approach in economics.

Also there is post in blog. Please read it

https://medium.com/zrcoin/the-decentralisation-of-the-global-economy-starts-here-1d77f234d468

ZrCoin is built on new green technologies, developed by industrial experts, that will enable us to recover zirconium dioxide from the wastes produced by ceramics manufacturers. The result will be more energy efficient, cleaner and of higher quality than the alternative — extracting it from natural resources.

This in itself sets the project apart from anything else on the market. We’ve spent several years and over a million dollars researching and testing the technology, and now we’re ready to deploy it to produce high-quality ZrO2. For various reasons (explained in different articles and interviews), we’ve decided to launch our enterprise via a crowdfund, creating a token on the blockchain.

Decentralised economy

By creating an option on the blockchain, backed by production of ZrO2, ZrCoin will make it possible to trade a real commodity in a fully decentralised way. Anyone, anywhere in the world can buy it, so long as they have an internet connection and the ability to deposit funds into the Waves client (using bitcoin via exchanges, or even with a credit card). Moreover, the barriers of scale that exist in the traditional financial system aren’t a problem with the blockchain. There is no minimum purchase, and no flat fee for brokerage. It would be possible to buy a single ZrCoin, or even less, without the associated costs being prohibitive.

In the near future, we expect many such financial instruments to arise on the blockchain. People will be able to trade them directly, with complete freedom — any amount of any commodity, trading directly against any other, on Waves’ DEX. Sell 5kg of zirconium for gold. Trade USD for silver-backed tokens. Suddenly it will become possible to create diverse portfolios efficiently, even using ZrCoin and other tokens as forms of commodity money. The future is starting to look very interesting, and we’re glad to be blazing a trail there.
 


So you will be registering in Russia as a business company. I have some few questions.

1. What are the benefits of token holders?
2. What will be the use of tokens?
3. Will there be some sort of dividends for token holders?
4. If there will be dividends, how can we claim it when tokens are traded at different exchanges?
5. Will there be a fixed percentage of the net income for token dividends just like some crypto casinos are doing. And we understand there will be no dividends in the first few months.
6. Just like what real companies with stocks listed in stock exchanges are doing. Are your final and official financial reports monthly and yearly open and available for viewing?

Thank you. Cheers!

I am curious on the dev teams answers to these as well. And also on the Buy back - will you be buying back from exchanges of you'll set up a website for redemption/ buying back the tokens from investors?

Quote
Buy back

The enterprise will begin buying back ZrCoins at the market price of 1kg of Synth. ZrO2 in amounts of at least $400,000 per month, no later than 8 months from the end of the crowdsale. Investors also have the option of taking physical delivery of the product.
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