Some questions to very funny guys from ZrCoin and to community:
1. How ZrCoin team will buy the facilities and equipment for factory? It will be sold in fiat, not in crypto. Show me equipment manufacturers that will sell you their valuable products in crypto. There is two ways: a. You already have a bank credit for 3.5m dollars and you need an ICO to put crypto on cold wallets and use it when price rises; b. You need to exchange cryptocurrencies to fiat and buy equipment for real dollars/euros/rubles. In case of rubles, this is a crime in Russia: exchange crypto to fiat.
UPD:Implementation phases of factory building process
A Cyprus-based holding company will loan funds equal to the amount of
investment in ZrCoin options to a Russian legal entity, which will consequently
implement all construction phases of the factory. The subsequent steps of factory
construction process can be divided into the three principal stages described
above.
Yes, you will implement money-laundering plan: your company will have a loan with offshore company and have to return the money out of the border. I think Elvira Saphidzadovna needs to know about your team.
Why do you need an ICO if you have an agreement with "Cyprus-based holding company" (CBHC) about a loan?
Or may it be you want to take a gift for CBHC giving them all profits of future price rising of cryptocurrencies? This is brilliant-price loan, why you haven't tried to take a bank loan in Sberbank or VTB Group with average interest?
2.
As there is a lack of domestic zirconium-containing raw materials (zircon and
zirconium dioxide), brazilite-corundum refractories for glass manufacturing
enterprises are chiefly imported from abroad.
Russia’s domestic manufacture covers only 8-10% of the demand in zirconiumcontaining
raw materials. Kovdorskiy GOK (Ore Mining and Processing Plant) is
the only enterprise in Russia to produce zirconium raw materials (brazilite
powder), with production output of 5-6 tons per year.
The majority of this amount is exported to Norway, Japan and other countries.
Zirconium concentrate, which is one of the scarcest mineral raw materials, is not
produced in Russia, but is imported from Ukraine and Australia.
You told about high-valuable technology for Russia's independency and technological security and hadn't taken a loan in Russia?
3. You told about the high-valuable markets for your product. Do you have any contracts on paper with your future customers?
4. From your roadmap:
Hiring and official employment of staff (1 month) - whoaaaa you all are funny guys, serious. You want to build a facility in a half of year and hire staff for a month
. I think your team doesn't have any knowledge about how real factories functioning.
Execution of necessary authorizations - 1 months. In Russia. Authorize a facility in Russia for one month - yes, this is real if you are hand-on with mr.Putin. Average time of Rostekhnadzor authorizations is about a half of a year. There is only way: BRIBE. May the bribe be in crypto?
Do not tell russian corrupt officials.
And another question about facility development: whether there were any public hearings about this facility? Did the citizens of Magnitogorsk agreed this project?
5. Your site uses very sexy web-development technologies and the terrible photoshop of the photos of your team. 5th grader schoolguy from Magnitogorsk can do it better. You told about million dollars but you can't do the job for 100 dollars.
6. The price from your papers: 46 000 RUR per ton of powder (it's about 810 dollars).
https://www.alibaba.com/product-detail/zirconium-dioxide-price-zirconium-dioxide-powder_60416510429.htmlThese guys trades for $5000-8500 per ton.
My opinion about the project:
1. In case of real technology: it will started in YEARS, not the months.
2. ICO needed to "take money to the bank" and you will just wait for price rising.
3. In next 1.5 years there will be next scenario: we are very sorry, guys, the government had broken our business. There are your color tokens by market price.
P.S. when one "breakthrough" tech (artificial zirconium dioxide) meets another "breakthrough" tech (cryptocurrencies & blockchains) the risks multiply. There are no regulations of cryptocurrencies in Russia and the ICO investments look like gifts.
