WHAT IS LARIMAR BLUE?
Larimar (also known as "Stefilia's Stone") is one of the extremely rare gemstones found on Earth. It is found only in an area of one square km in the Caribbean island nation of Dominican Republic in the Greater Antilles archipelago.
Apart from very limited supply of the Larimar gemstone, there are challenges in mining it. The difficultly level in mining Larimar can be realized from the fact that the Larimar stone is formed when crystallized minerals are pushed up by hot gas though volcanic tubes. Thereby, to mine and excavate Larimar stones, miners need to identify such volcanic tubes and older volcanoes needs to be dig deeper and deeper into.
Further, the No. 1 problem currently facing the Larimar industry is the fluctuating price differences leading to price volatility. Also, its rare feature is driving the prices upwards with the soaring demand.
The 2nd problem facing the precious and semi-precious gemstones industry is the proliferation of fake gemstones and illegal export of gemstones.
The "Atlantis Blue" project aims to solve these problems currently facing the Larimar industry.
ATLANTIS BLUE' SOLUTIONS
With the ICO, the Atlantis Blue team aims to accomplish two primary objectives: -
To build and establish the Atlantis Blue (AB) Warehouse, which will be the single point (warehouse) to receive gemstones (i.e. Larimar) directly from the mines. Such an approach will ensure that there is no proliferation and also avoid illegal export and smuggling of rough stones (i.e. **Larimar) in the grey market.
To build the Atlantis Blue (AB) Artisan Camp, which will be the focal point for legalization of cutting and polishing of rough stones (i.e. Larimar). Post this process, the stones will obtain a legal status for sale and distribution in international markets. It will also ensure that local artisans will have job security as rough stones must pass through this process before the stones (i.e. Larimar) are sold in the market.
To build the Atlantis Blue (AB) Exchange, which will be the junction (exchange market) for distribution of local and international market. It will also act as the only registry to authorize resellers. Furthers, customers can verify the authenticity of authorized Atlantis Blue Dealers by checking the reseller's websites.
ATLANTIS BLUE (ABDT) TOKENS
The Atlantis Blue Digital Token (ABDT) are the utility tokens used on the Atlantis Blue platform. The total no. of ABDT tokens is fixed at 400 million tokens while 300 million tokens (i.e. 75%) will be sold during the ICO. The company behind the issuance of ABDT tokens want to hand over the majority control to the free market, therefore, 75% of the total tokens will be sold during the ICO.
The 300 million ABDT tokens will be sold in 6 phases, with 50 million ABDT tokens to be sold in each phase. The 1st 50 million to be sold at $ 0.10/ABDT token, with the following 50 million tokens at $ 0.20, then the next 50 million at $ 0.30, then at $ 0.40, $ 0.50 and $ 0.60.
The Atlantis Blue platform will be hosted on the Stellar Blockchain (Lumens - XLM) Network.
Stellar Lumens (XLM) is the perfect DApps platform due to host of reasons, primarily being that it is significantly faster and cheaper compared to other platforms, including Ethereum.
[Note: - One ABDT token will be physically backed by 1 gram of Average grade (AA+) of Larimar. AAA+ is the highest grade and A represents the lowest (AAA+, AAA, AA+, AA, A).]
ATLANTIS BLUE TEAM
For more information on the Atlantis Blue team, please refer the following web link:-
https://atlantisblue.org/team.php
PROJECT ASSOCIATES
The Atlantis Blue project has the following associates: -
A. Atlantis Blue SRL
B. Cooperative Bahoruco
C. Cooperative Of Larimar Services La Filipinas
D. Larimar Association Las Mercedes
CONCLUSION
Thus, the Atlantis Blue project is the most reliable project focused on the Larimar market, which is a multi million-dollar industry. Further, with the physical backing of ABDT tokens with Larimar assets, the value and appreciation of ABDT tokens will increase.
The Atlantis Blue project with greatly enhance the operations of Larimar mining while fixing the problems currently faced by the industry, thereby aiding for further development.
For more information on the Atlantis Blue project, please refer the following links: -
*Website - https://atlantisblue.org/
*Whitepaper - https://atlantisblue.org/Atlantis_Blue_White_Paper.pdf
*Join at Telegram - https://t.me/AtlantisBlueDigitalToken
*Follow on Twitter - https://twitter.com/AtlantisBlueDT
*Join on Facebook - https://www.facebook.com/atlantisbluelarimar
*Join on WhatsApp - https://api.whatsapp.com/send?phone=16317436817
*Follow on Reddit - https://www.reddit.com/r/AtlantisBlueProject/
*Follow on Medium - https://medium.com/@AtlantisBlueDT
*Contact at '[email protected]'
Published by 'Sameer S'
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
Disclaimer: - Nothing written in this article should be considered as legal or investment advice. Kindly conduct your due diligence before making your decision on this project.