Today, industrial gases are used in almost every sector, commerce, science and research for a wide variety of purposes. Therefore, CCA Advanced Composite Cylinders is the world's first financial chain investment project that combines advanced technologies in the field of finance; it is also one of the most demanded products in the world market for type 4 industrial cylinders for CNG, LPG and industrial gases from modern composite materials.
The reason why we want to realize this project is to develop and create the production of ultralight composite gas cylinders of type 4. This is a project which will have a quick return on investment, moderate risks and solid professional experience. It is all with the purpose of avoiding events that harm people, material resources or diminish their performance; generate failures, waste and waste.
In these times is gaining importance the tendency to replace the heavy steel cylinders that is approximately more than 90% of the market, which are susceptible to corrosion, unlike the type 4 composite cylinders that its main advantages are to be light, free of explosions because they are made of stronger materials, as they are made of carbon fiber, fiberglass and modern polymers, and their maintenance is economical.
We also have a team that has the knowledge and experience in the field of design and construction of composite materials and has everything necessary for the implementation of the project.
The aim of the CCAs is to contribute to the development of the motor fuel market; to achieve significant savings in the cost of fuel using compressed natural gas, such as those used by truck fleets, also in the delivery of gas to distant regions; to have greater availability and lower prices for natural gas; and in addition to all the above, we contribute to the reduction of CO2, nitrogen oxides and aerosols.
Our goal is to raise 5 million dollars for the production of modern and innovative type 4 cylinders for CNG, LPG and industrial gases; so we will create a global Fundraising Phase that Initially, the sale of chips will be at half the current market value (base). In addition, the price of the option will grow evenly. The construction and start-up of production is carried out at the expense of the funds raised.
The investment will be made in the rental of a manufacturing space in the Czech Republic, which will include Engineering, Equipment Manufacturing, Equipment Delivery and Commissioning, Sample Manufacturing for Certification and Cylinder Certification.
Let's talk about the Token
The number of chips sold during the pre-sale is 20,000 units. The price at which the chips are offered is 50% of the face value and is equal to 0.025 (USD per chip) = 5 000 000/100 000 000 000 000 * 0.5.
The repurchase of the chips will start later, once the fundraising is complete. In the event that the company leaves the IPO, participants will also be offered the opportunity to exchange chips for shares in the company. The company sells cylinders to consumers and transfers 30% of the proceeds from the monthly chip repurchase. After repurchase, the chips are "burned" (it is completely out of circulation).
The repurchase is carried out through an intelligent contract as follows: With the funds that are destined to the redemption of the chips, the Ether cryptogram (ETH) the currency is bought in the stock exchange with the current exchange rate. It is used because it is the main currency of the Ethereum network, in which intelligent contracts operate; all the Ether received is then sent to an intelligent contract for the exchange of chips; In addition, intelligent contract accepts tokens for exchange. Any number of chips can be accepted. If the token owner changes his mind, he can pick up the token in the section redeeming the smart contract until a certain point in time when the transaction is closed; when the transaction is closed, all the chips in the smart contract are exchanged for Ether. The owners of the tokens receive Ether in proportion to the shares of the tokens sent and not withdrawn from the contract.
The maximum amount of pre-sales of funds raised is 500,000 USD.
Pre-Sale 4Q 2017 during pre-sales, buyers will be offered to buy chips for the amount of 20,000 pieces. At a price of 1 tab = 0.025 USD with a total value of 500 thousand USD.
Sale of Token 1Q 2018 during the pre-sales, buyers will be offered to buy tokens for the amount of 60,000 thousand pieces. At a price of 1 tab = 0.075 USD with a total value of 4,500,000 USD.
5 million. USD is the minimum amount of money for the project launch. These facilities will be equipped with a production line, commissioning work will be carried out and the production of Type IV cylinders will be launched.
The buyback procedure will begin in the first quarter of 2019 after several months of successful plant operation.
Annually, starting in January 2019, the reverse repurchase of chips is planned to begin.
This will happen according to the following scheme:
- · In 12 months, the last working day of the month, the benefits are fixed.
- · The proceeds are used to purchase ETH at a later fixed rate.
- · The next day, ETH is sent to a smart contract with a closing date of 10 calendar days.
- · All token owners are informed via the website that they can exchange tokens.
- · Those chip owners who want to sell their chips transfer them to a smart contract.
- · As new tokens are sent to the Smart Contract, the total number of tokens sent increases. So, at any time, the exchange rate = #ETH / # tokens. Obviously, the more chips in the contract, the less favorable the exchange rate will be.
- · If one of the senders is no longer satisfied with the (too low) exchange rate, he can withdraw his chips or his share, thus reducing the number of chips he "bet" and improving the exchange rate for the rest of the participants.
- · You can send / return tokens before the closing date. After this date, the number of and participants is fixed and ETH is sent to all participants in proportion to the number of cards sent and left in the contract.
Sites of interest:
Official website: https://cylinders.io/
Whitepaper: https://cylinders.io/documents/Whitepaper.pdf
By Bitcointalk user: dalocoin
Profile: https://bitcointalk.org/index.php?action=profile;u=1875378
Myetherwallet: 0xbbE80B822994Eb7A7F0648E0DD63297c2768A92e
by dalocoin