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Topic: [ICO][ANN] ZrCoin [11|05—09|06]Commodity-backed blockchain - page 133. (Read 149619 times)

sr. member
Activity: 450
Merit: 251
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.
sr. member
Activity: 490
Merit: 250
Translation needed ? I would like to do the German one.
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
sr. member
Activity: 567
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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!
full member
Activity: 770
Merit: 100
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.
 
legendary
Activity: 1764
Merit: 1000
wow this one looks good, best of luck devs

Thank you for support!

is there an escrow for the ipo? also how do you gurantee that you will buy back, etc?

no answer?

Escrow you can wee on website

thank you

great to see you use some reputable escrows...
newbie
Activity: 5
Merit: 0
newbie
Activity: 17
Merit: 0
wow this one looks good, best of luck devs

Thank you for support!

is there an escrow for the ipo? also how do you gurantee that you will buy back, etc?

no answer?

Escrow you can wee on website
https://i.imgsafe.org/62c73dcad1.jpg
here we go
these are our super heroes  Roll Eyes
full member
Activity: 770
Merit: 100
wow this one looks good, best of luck devs

Thank you for support!

is there an escrow for the ipo? also how do you gurantee that you will buy back, etc?

no answer?

Escrow you can wee on website
full member
Activity: 770
Merit: 100
Hello, guys!

New tasks on TVE. Join!
newbie
Activity: 3
Merit: 0
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
sr. member
Activity: 353
Merit: 250
Its only 1 week to the beginning ICO. Who has already decided to invest?

Hi Nat, I decided to invest in this ICO because it's related to a real project, that can upgrade an existing technology and can be good for environment. I'm sure the team is working for the good of the project, so.. I'm in!
legendary
Activity: 1596
Merit: 1000
wow this one looks good, best of luck devs

Thank you for support!

is there an escrow for the ipo? also how do you gurantee that you will buy back, etc?

no answer?
sr. member
Activity: 364
Merit: 250
Its only 1 week to the beginning ICO. Who has already decided to invest?
legendary
Activity: 1596
Merit: 1000
wow this one looks good, best of luck devs

Thank you for support!

is there an escrow for the ipo? also how do you gurantee that you will buy back, etc?
full member
Activity: 770
Merit: 100
full member
Activity: 770
Merit: 100
1. Money back. They will accept orders from people who is willing to invest after Ico ends.
So they can match these orders with sell orders. There are always some funds available, so with a realitively not huge amount it's not a problem to handle.

If there are problems after the ICO ends, MANY people will want their money back but FEW (any?) will want to invest at that same price. So you will NOT get your money back.

Everyone in the world would be rich if you could invest in risky projects and make lots of profits if it's going smooth and is successful but get your money back if they run into problems. Please don't be so silly as to believe this with your hard earned money.

The project is insured, that is why they can afford to give money back. And they are not the first, some projects actually give that guarantee, though they are few anyway.

Can anyone from the team comment on this? Is there an insurance or other thing to guarantee funds for a buy-back if people want to get their money out of the ICO after it is closed? And how much time would it take to get your money in such case? Thanks! 

We have already discussed it
https://bitcointalksearch.org/topic/m.18637518
full member
Activity: 770
Merit: 100
Done. Interested in information about the minimum and maximum threshold of fund-raising for ICO and total supply of ZrCoin, or the price of one ZrCoin if there is a possibility.

You are welcome!

well, minimum cap is 3.5 millions $

Maximal cap is 3.5 millions $

Total amount of tokens will depend on ICO result.

Spreadsheet with prices during ICO is here https://zrcoin.io/blogitem/7

It will be 1.4-1.55$ per coin.

Hello again
Wire transfer - SWIFT, SEPA (EURO, USD) can you add GBP ? it is possible to achieve that and why not?
Can we wire transfer GBP?

Hello again can someone tell me if that is possible ?

Don't think it's possible.
But may be you can ask about this.
Why you dont want to make it in dollars?


I would rather invest GBP - this is my bank account so thats why, and rather keep my btc for the best. So is GBP wire transfer an option to add? I do think I could send GBP to wire into Dollars from my bank - come on guys make it happen, Smiley

Probably it's easier for you to transfer to dollars first and then join ICO.
full member
Activity: 770
Merit: 100
Thx , I looking for information about Bounties Program
, so will be get  ZRCoins directly from theviralexachange , right ?

for everyone asking about bounties: you earn ZRcoin for social shares - https://steemit.com/theviralexchange/@ash/how-to-get-ico-pos-tokens-for-free

Hey,

Yes you will get bitcoins directly from the viral exchange, and also from making posts on bitcointalk by joining the signature and avatar campaign.

Not bitcoins, but ZrCoins  Wink
full member
Activity: 770
Merit: 100
wow this one looks good, best of luck devs

Thank you for support!
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