Emjac (EMJ) ICO Details & Financial Information
|Start Date||December 20, 2019|
|End Date||January 24, 2020|
EMJAC is Real Asset Backed Renewable Energy Blockchain trading platform. EMJAC envisions itself to be the leader in the Waste-to-Wealth industry sector, aiming to achieve this through constant innovation of its technology and products ecosystem. EMJAC is established to carry out a noble initiative in promoting innovations and pioneering methods in green technology and tokenizing the commodities via Blockchain integration.
The CORE objective is to manage illegally dumped waste tires globally. The innovative waste tires thermal decomposition process being adopted by EMJAC is not an incineration process. Advanced Continuous Thermal Recovery Unit or TRU is an environmentally friendly destructive distillation of organic material through the application of intense, indirect heat in the absence of oxygen. This turns waste tire into a valuable commodity.
Going GREEN and validating it with the improvement of waste resources and turning it into renewable ENERGY.
Depletion of fossil fuel resources and stringent environmental laws have forced us to develop methods to manage resources sustainably. The focus has been gradually shifting towards energy recovery from waste tires that can eventually solve both problems. Waste tires are one of the major solid wastes in the automotive sector. This has an adverse impact on the environment if they are not disposed properly. Furthermore, tires are a source of high-grade energy, hence their improper disposal means wastage of energy. Several methods have been developed to recover energy from waste tires. By adopting Advanced Continuous Thermal Recovery Unit (TRU), we are able to further refine current TDF (Tire Derived Fuel) to Euro 2 diesel, which can be used as fuel in industrial sector.
EMJAC uses a token as a medium to create an ecosystem where waste tires are converted into energy to minimize used tires wastage. The capital raised through the disbursement of EMJAC will contribute to more production of synthetic Euro 2 diesel with zero carbon emission. The tokenization campaign will help to create active demand and it is beneficial for sellers, buyers and investors. EMJAC is leveraging the Blockchain technology to offer an alternative method to contribute towards greener project for both corporate sectors and individual users. We believe that our unique method of raising capital through disbursement of tradable currency will reward people who seek to support environmental conservation efforts.
EMJAC is a pre-mine token mechanism under ERC20 platform similar to Ethereum, a cryptocurrency known for its decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
At its core, EMJAC represents peer-to-peer transferability of digitalized commodities, verified intrinsic value and such at a stable price. This would enable a meaningful economic benefit to its holders, purchasers and sellers who aim to promote earth conservation.
Waste tires management today is generally driven by economic incentives derived from specific commercial demands in the form of downstream products. By issuing 175 million of its maximum token supply as the token swap medium, this green project campaign shall be a high demand industry that will eventually generate wealth, instil positive values to its token holders and ultimately protect our mother earth.
|Price||0.1100 USD||Sale||375,000,000||Payment Mode||ETH|
|Soft Cap||10,000,000 USD||Hard Cap||33,000,000 USD|