Sunday, May 27, 2018

INITIAL COIN OFFERING (ICO)


This will be based on the fixed number of Organicco tokens sold through their website. They will be in exchange for your investment, so it will be like buying shares in an Initial Public Offering (IPO) and can be sold for a better return.
It is to be noted that unlike the IPO the ICO is currently unregulated and although they are talking with Financial Conduct Authority (FCA), you may not have same protection as you do with an IPO. Therefore, be aware and only invest what you can afford. You can always buy more once organiccoc token sold on the crypto exchanges but it may not be at the same low price offered during the ICO crowd-sale period.
they will be floating Organicco tokens on crypto exchanges no later than 2019 Q1. Subject to performance of their projects, development of the easiPayer platform, and importantly through major publicity they will aim to generate more interest in the Organicco token. they will be working tirelessly to increase its valuation before launching it on crypto exchanges. In the meantime the Organicco token will have no other purpose apart from using it to raise funds for reaching ours goals. Otherwise it may be subject to volatility. Since they want to maximise the returns, they aim to choose the right time to launch Organicco tokens on crypto exchanges. You can decide either to trade or hold
on to it longer if you feel you can achieve a better return. The ICO will essentially have three phases: 1. Partner sale for selected members based on order of registration and strategic partners; 2. Pre-ICO with a limit of 10% of the total number of tokens with a cap of £10,000 per person together with an option to purchase ICO at 20% discount.; 3. ICO crowd-sale with a cap of £5,000 per person.
The total number of Organicco token supply is fixed at 120,000,000
Tokens will be issued using the latest ERC223 Ethereum smart contracts.
In order to participate in their ICO crowd-sale, you have to register on their website and complete the ‘Know Your Client’ (KYC) verification process for whitelisting you. If you are unsure about how to do this, please get in touch and they will be happy to guide you through the process.
CROWD-SALE TARGET
Pre-ICO is limited to 12 million tokens
The price for the Organicco token has been set at £0.40 GBP for the Pre-ICO and at £0.50 GBP for the ICO crowd-sale.
The cap for the Crowd-sale is £35 million GBP. Token holders from the Pre-ICO will receive a 20% discount on the ICO crowd-sale price.
TOKEN ALLOCATION
The Organicco tokens are allocated as follows:
Beneficiary % Tokens
Founding team 20% 24,000,000
Partner sale 16% 19,200,000
Crowd-sale 60% 72,000,000
Referral program 4% 4,800,000
Partner Sale is available only to partners that are officially invited, beginning from February 2018. It includes individuals and businesses that have helped Organicco either before or during the crowd-sale, or who are set to play a crucial role in the success of the company and its easiPayer platform
Founding team comprises all those currently employed full-time at their organisation. The tokens they receive will be subject to a four-year vesting schedule.
The crowd-sale will begin on 10th April, 2018, and will continue for 30 days, or until all the tokens are sold out. This process will include a short pre-sale period following by a single Public Sale. The crowd-sale is available to individuals registered for the Crowd-sale, verified by their Know Your Customer (KYC) process.
The referral program is an allocation of tokens set aside as a reward for individuals who assist in the facilitation of the Organicco token participation.
INVESTOR BENEFITS
Why will investors benefit from investing in Organicco, essentially through buying their tokens as a proxy for buying shares?
they have about £15 million worth of projects that are ready to develop in UK and Canada, with planning and environmental permissions in place. These will generate income through the sale of natural capitals and UK
Just 3 projects will return £6.1m/yr
government grants called renewable heat incentives (RHI). The revenue is forecasted to be around £6.1 million per year, and are designed to last for more than 20 years. This enable them to recover in excess of £120 million during the operation of just three large scale plants. they can realise all these project by 2019 Q2, subject to a successful ICO crowd-sale.
These are just some of their current secured sales opportunities. Additionally, they have partners in Portugal, France, Greece and Hungary who are eager to take their technologies into their countries. they also have opportunities developing in New Zealand, Australia, South Africa and Philippines.
they will use their Canadian partner to explore opportunities in the USA. they are also able to generate further revenue through their service and maintenance contracts which are a requirement on each sale of a system.
easiPayer system to yield £40m/yr
easiPAYER PLATFORM
This is an international trading platform that they will create for making cross boundary commercial payments faster and easier.
The easiPayer platform is designed to address the limitations of current international commercial payment options. easiPayer can be used for other types of trades, whether local or international.
It will generate revenue by charging a small fee for every transfer activity and converting their tokens to fiat currency.
THE PROBLEMS THEY ARE THEY SOLVING?
The global industrial waste management market is worth around $1,442 Billion. The UK Organic/ Food Waste industry is valued at approximately £500 million of which only 18% is realised by the few waste management operators existing in the UK. Consequently, there are wasted opportunities and these need to be tackled. At a forum held in Rome in 2014 a senior UN official of the Food and Agricultural Organisation said that if current rates of soil degradation continues all of the world’s top soil could be gone within 60 years. This is caused by extensive farming methods including the use of chemicals and pesticides. This is a problem that urgently needs addressing and converting unwanted organic materials into organic fertiliser helps prevent this effect and create a naturally closed loop cycle.
The second major problem they are attempting to solve concerns payment in the export market. Letter of credit and insurance costs are very high and takes time to setup. Additionally, payment is made when goods are delivered, which can be a problem if there is no Letter of Credit. This creates a high risk of none payment. Moreover, conventional banking and even FX trading takes time, and comes with a cost and additional risks. They aim to eradicate such problems through their easiPayer Technology, the full details of which will be explored later
For more information, please visit links below
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