ODMCoin Project - Cryptocurrency back by Oil & Gas Products
ODMCoin Project
An innovative solution for drilling wastes produced during the construction of oil and gas wells in the complex of fuel and energy companies for recycling. The remnants produced during the drilling of oil and gas wells (drilling mud, drilling and gypsum, sewage, domestic waste and carbon-containing industries) can be converted into composite materials for paved roads and construction of industrial sites, processed water and oil fuels. Therefore the company habe an innovative ideas to produce a machine which can be used to process these oil drilling mud.
In order to produce the machine which could process the oils drilling mud, ODMCoin have come out with the idea to offer an ICO as an investment to contributors since offering an IPO is quite difficult due to its expenses and legality aspects. The contributors will be issued with tokens, not the company’s shares as proof of investment. The Investment in the project can be made using Bitcoin (BTC), Ethereum (ETH), and Waves payments. The first day investors will receive a 50% discount of the market value during the oil drilling mud processing contract ($ 132 per tonne). Once the ICO is over, the tokens can be traded in any crypto exchange where the company is listed.
ICO
Start - 1st December 2017
Token - ODMC
Projected price - $66 (December 2017) to $ 132 (December 2018) per ODMC
Soft cap - to raise minimum $1,400,000
Mid cap - $2,800,000 (ODMC token holders will be issued Bic tokens via smart contracts)
Hard cap - $4,200,000
ODMCoin token is a digital asset that gives bearer a right to acquire waste processing complexes and also a right to process wastes at a special price. Also token holder becomes a member of Blockchain Industrial Club. Basically, BIC token is an asset that confirms existence of obligations between parties.
All investors can sell their token in the event of ODMCoin buyback which will bevcommenced 8 months after crowdfunding. ODMCoins will be able to exchanged by the investors for corresponding value in finished products (Oil, gas, construction material). In addition, investors might be offered to exchange ODMCoin options for Company shares in the event of an IPO.
Benefits Of Crowdfunding Investments In ODMcoin
What make investment in this ODMCoin special is that the investors will enjoy a 5.5% monthly return from holding ODMCoin. Furthermore, ODMCoin derivative is backed by real product which can withstand currency volatility due to firm price of a contract for oil drilling mud processing.
Other benefit includes;
• Green technology development for cleaner hydrocarbons extraction
• Launch of new financial instrument
• Decentralization of funding in oilfield service company for the first time ever.
These investment is seem to be a good potential to anybody interested in looking for a legitimate ICO since it offers products backed investment. The potential of this project is huge when green technology become crucial and most government worldwide start enforcing and implement it. When everybody start talking and focus on green technology, then it will generate the demand on technology related to that and this is what the company is doing.
Join ODMCoin ICO at: https://odmcoin.com/r/nKNY
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