ZrCoin (ZRC) is a crypto currency. This ZrCoin is backed by synthetic Zirconium Dioxide or ZrO2. Zirconium Dioxide is a refractory material. It is a material with high plasticity properties. Zirconium Dioxide is a corrosion resistant material. This chemical is extracted from waste materials. ZrCoin (ZRC) is an asset which is based on waves. One ZRC represents one kilo gram of synthetic Zirconium Dioxide.
ZrCoin is the first ever blockchain option for investment in production of a high demand industrial material. An Initial Coin Offering was organised to arrange for funds to commence production and distribution of this material Zirconium Dioxide. These crypto tokens ZRC will be purchased afterwards at the market price of Zirconium Dioxide. Later, the investors will be enabled to exchange their ZrCoins (ZRC) for the stock of the company. It will be only possible if the company becomes eligible for Initial Public Offering or to exchange ZRC for Bitcoin, FIAT currency or any other crypto currency in the independent exchanges. These exchanges should also be willing to enlist ZrCoin (ZRC).
ZrCoin is the world’s first blockchain option that is backed by commodity. The ZrCoin (ZRC) is based on real production of material. ZrCoin (ZRC) is a blockchain product which is unique, innovative and stable. ZrCoin is an blockchain option which offers 100% cash back on demand to its users. ZrCoin (ZRC) offers complete transparency in transaction at every stage of transactions. The users or anyone else has a unique opportunity to become a shareholder in a production company. ZrCoin plans to spend around 1 million US dollars in research and development.
ZrCoin is free from inflation. ZrCoin is also free from typical volatility of crypto currency. ZrCoin is a dependable tool for the growth and preservation of capital funds. ZrCoin is also a liquid asset for trading. The manufacturer proposes to buy a minimum of US dollar 400,000 every month after launch of production. The investors have the option of redeeming ZrCoin (ZRC) for physical stock of Zirconium Dioxide.
The investors have to participate in the process by buying ZrCoin (ZRC). The investors can ask for full refund of their investment after the completion of Initial Coin Offering. This project is insured fully. The founders propose to construct a green manufacturing facility for the production of Synthetic ZrO2 with 66% purity with the crowd sourced funds. Equipment for production installation is proposed to be completed within six months and the production of ZrO2 will start by the seventh month.
ZrCoin (ZRC) is a unique project of its kind. It is a never before, first commodity backed blockchain option. Sounds good but the results are awaited.
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