Crowdfunding now underway for ZrCoin, an asset backed by a real-world commodity

in zrcoin •  8 years ago 

ZrCoin is a crypto-asset backed by an industrial project to manufacture zirconium dioxide (ZrO2), a substance with a wide variety of commercial uses. The project is selling ZrCoin, which is both on the Waves platform and an ERC20 Ethereum token, to raise funds for the construction of a processing factory in Russia.

The ICO began May 11 and will continue to June 9. The following currencies can be used to purchase ZrCoin:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Waves (WAVES)
  • Wire transfer - SWIFT, SEPA (EURO, USD, GBP).

The minimum investment amount is 5 USD, so really anyone can afford to invest. Tokens are now selling at US$1.50 each, and according to the ICO terms and conditions, the developers will buy back tokens at US$2.80 once the crowdfunding ends, should anyone want to sell theirs.

Bonuses and discounts timetable
Day Price USD Discount rate from maximum repurchase price, %
7-13 1.50 46.5
14-20 1.53 45.5
21-26 1.54 45
27-30 1.55 44.5

Please read up on the project at zrcoin.io.
Here's their [whitepaper (PDF)] (https://zrcoin.io/files/Whitepaper_ENG.pdf)

This video gives a brief introduction:

I've reviewed this project and have invested in it, as it seems promising. But I am not an investment adviser or an expert in ZrO2, so please do you own due diligence before investing.

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