Rusgas [ICO]

What is Rusgas?
RusGas is a project aimed at funding and subsequent implementation of researches in natural gas production, processing, storage, and transportation. It is a project designed to transform the gas industry, to bring technologies up to a new level, to improve the environmental situation in the production regions and to enable everyone to gain income from production of resources without borders and politics. The role of cryptocurrency is growing rapidly in the world as the total cryptocurrency market capitalization increased more than 9 times since the beginning of 2016 and reached almost US$460 billion by early March 2018 (according to PRO BLOCKCHAIN). The number of active users of cryptocurrency wallets is estimated at 20 million. And in view of this fact, the cryptocurrency application area remains the most important issue.

Energy startups in the world have begun using blocking technology to sell energy’s surplus to small companies and individuals, but they are less than RusGas’s focused on the use of gas in industries. The needs of the municipalities of the region coincide with the capabilities of the blockchain technology, already tested in the electricity sector by a number of platforms, incl. WePower: the holder of the token can buy energy directly from the manufacturer and sell the surplus to the network. RusGas plans to invest almost the entire amount of 20% of the team’s share in scientific development. As in the projects of this class there is no doubt the achievement of the Soft Cap level, the investments will make at least 600 000 USD. Investments of Russian companies in R&D are on average 0.2 USD per 1 ton of oil equivalent. Formally, 600 000 USD would "cover" 3 million tons of oil equivalent. Gas consumption in the oil equivalent in the world by 2040 will increase by 34 million barrels, or 4,637,600 tons per day and will reach a level of 12,685,200 tons (4,630,098,000 tons per year). Proceeding from this, the scientific developments financed by the RusGas project would cover 0.065% of the annual gas consumption, which is already quite a lot.

The chronology of the crypto-currency market can be already written. The period of mistrust to the crypto-currencies was replaced by a rapid growth and euphoria in 2017 when “hot money” of small and institutional investors poured into the crypto-currency markets and contributed to the exponential growth of the assets. The views of most speculative investors on the possibilities of blockchain technologies and smart contracts have changed little in comparison with the price of crypto-currencies similarly to cases of mass euphoria or panic in the new obscure market segments. However, the third trend has also emerged on the background of appearance and disappearance of bubbles promising to become an era in the history of cryptocurrencies: without paying attention to speculative fluctuations, some market players are committed to long-term investments in the reorganization of various sectors of the economy with the help of blockchain technology. This fundamental structural approach is the result of coordination of efforts taken by crypto-currency traders, programmers and specialists in various branches of the economy.

Project Team & Advisor:

Token Details:
Token RGS
Price 1 RGS = 0.018 USD
Platform Ethereum
Accepting ETH
Soft cap 2,000,000 USD
Hard cap 60,000,000 USD
Whitelist/KYC None
Restricted areas USA, China, Russia

Verdict:
RusGas is a promising technological project that opens the possibility for everyone to make a contribution to the scientific progress in one of the most important and profitable spheres in the 21st century. And also to take part in improving the environmental situation and preserving the planet’s species diversity

Important links:-
Website: https://rusgas.io/
Whitepaper: http://rusgas.io/wp-content/uploads/2018/03/RUSGAS-Whitepaper_en.pdf
Telegram Group: https://t.me/rusgas_group
Twitter: https://twitter.com/RusGasOfficial
Facebook: https://fb.me/RusGasOfficial
Bounty: https://bitcointalk.org/index.php?topic=3301479