Bitcoin Forum

   SoyCoin is future "stablecoin" in a blockchain community. SoyCoin (SYC) is the combination of cryptocurrency, green technology, and the real industry. Uniting these technologies we will create one of the stablest coins thanks to the created real assets. And merging with the “Bancor” company will give stable economic development future crypto - economy. The association of these technologies will bring invaluable benefits to all communities. The cryptocurrency industry provides the chance of deeper application of cryptocurrencies in day-to-day life. SoyCoin is the first to offer green technology solution using soybean to fuel a network of mining farms independent of the centralized power supply system. This will undoubtedly lead to strengthening and development of the cryptocurrency industry and its infrastructure.
   The goods produced by SoyCoin will be purchased using various cryptocurrencies. This enables small medium enterprises to buy and sell using cryptocurrency for raw materials from SoyCoin production plants as goods for retail stores. This will expand the application of cryptocurrency in everyday life.


   The “ASSAR Group” company, the founder of the project is preparing a Crowdsale. The raised funds are planned to be used for the construction of a network of production plants which will be operating with the combination of green and blockchain technologies. The Mining Farms will not require the electric grid, for the electricity will be fully provided by green energy resources. Clients will be able to buy products from the company using SoyCoin (SYC) token.


   The total 325 000 000 (three hundred twenty five million) tokens will be released on a blockchain platform of Ethereum, with a basic cost of 1 (one) USD, from which 2 000 000 (two million) at the discounted price of 0,5 USD per token will be implemented in the process of Pre-Sale. For international marketing campaigns as a “bounty” (reward community and advisers) during the Pre-sale and Crowdsale reserved 3 (three) % of the total amount of tokens. Also 17 (seventeen) % token, the project team reserves. Thus on Crowdsale participants will be given an opportunity to get on a blockchain platform of Ethereum 258,000,000 (two hundred fifty-eight million) of tokens at the price from 0,55 USD up to 1 USD in the order described in the section "SoyCoin – Crowdsale.”

Pre-Sale: 2 000 000 tokens - 0,6%
Crowdsale: 258 000 000 tokens - 79,4%
Team: 55 250 000 tokens - 17%
Bounty: 4 875 000 tokens - 1,5%
Advisers: 4 875 000 tokens - 1,5%
Total: 325 000 000 tokens - 100%


   Interest in soy products and other soy by-products continues to a steady growth worldwide. Over the past 50 years, production of soy has grown almost 9 times, and there are over 20 thousand by-products from soy. Soy products include food and non-food industry, medicine and dietary food, as a forage for pets, cattle, pigs, hens, and fish. Moreover, soy is one of the cheapest sources of protein, also important for vitality to keep you healthy. Soy is one of the major crops containing up to 45% of protein, high-quality on amino acid structure, up to 20% of oil and up to 35% of carbohydrates.


   The Mining Farm installation is expected to start approximately in 3 months after the termination of Crowdsale. During the start of the main production plant, it will switch to the biogas network. Before commissioning, approximately 50% of income from Mining Farms will be distributed among participants of Crowdsale (50% will be distributed according to the redeemed tokens (% a ratio) from the total amount of sales), 25% will go to the exchange for repurchase of tokens for the purpose of increase in demand and to granting tokens to owners to get speculative profit, 25% remain at team of the project. Approximate calculation of income from a mining of farms in Table 1:



Our development plan is based on a possibility of one of five scenarios, depending on the volume of the raised funds:
•   $25 million – construction 1 plant with a Capacity of 200 tons a day. With Mining on 3000 farms.
•   $50 million – construction 2 plants with a Capacity of 200 tons a day. With Mining on 3000 farms.
•   $88 million – construction 1 plant with a Capacity of 600 tons a day. With Mining on 5000 - 6000 farms.
•   $176 million – construction 2 plants with a Capacity of 600 tons a day. With Mining on 5000 - 6000 farms.
•   $264 million – construction 3 plants with a Capacity of 600 tons a day. With Mining on 5000 - 6000 farms. Capacity of the plant 200-600 tons per day is the daily processing of soybean. Depending on the volume of the raised funds sites of the plants will be defined.

reserve

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When will ICO start, are there no specific dates?

pre-sale 28.02
crowdsale - 25.03

Are you going to attract large investors from your country to ICO? Support for domestic projects in the case of their profitability is high.

I do not understand how you can use soybeans? Also, you have written "The goods produced by SoyCoin will be purchased using various crypto conversions.". What products are you talking about?

Mining Farm sustained by soybean plants have no shortcomings. It does not depend on the central power supply systems and it not impacted by the cost of electricity. The unused biogas can be burned or used as fuel to generate about 2579 kWh. For this reason, it was a sensible and practical decision to apply industrial Mining Farm to the mining of various cryptocurrencies (such as Bitcoin, Ethereum, Zcash, Monero and other).

SoyCoin Project will build the first production plant which will include the latest and modern, high- tech industrial equipment to process soybeans for consumption.

1. The refined soybean oil
2. Soybean food meal
3. The fat-free soybean flour
4. Soybean concentrate
5. Soybean isolate
6. Natural soy lecithin
7. Feed proteins
8. Biogas etc.

Please, read the WP - https://www.soy-coin.com/assets/template/soycoin/doc/wp_eng.pdf
After that, you will not have any questions left



Yes, of course. There are interested investors, but this information will be available after the Crowdsale end.

A quite strange decision.This decision would attract far more small investors if they saw that one of the major investors invested in the project.

What are the products available on the platform? any other use case for the coins?

what the difference between soy coin and smartlands? or are there any similiarity?

official arabic thread
https://bitcointalk.org/index.php?topic=3023139.msg31101211#msg31101211

the project is good because the plan will build the first production plant. I'm happy with this project. I want to ask. is there any other country working with your project?

*Good luck for this project.

a good project, it's very convincing that i'm sure will succeed in its growth will be useful and good luck to it ;)good luck guys

You have written "The goods produced by SoyCoin will be purchased using various crypto conversions.". What products are you talking about?

Hi, read this post please! Thank you for your question!

https://bitcointalk.org/index.php?topic=2979729.msg30719469#msg30719469

Why strange?Big projects like Merculet close infimation about private investors too.I think its normal decision in 2018 ;D

I think its normal. And after sale we will sell soybean processing products for soybean tokens)))

Soycoin is future  stablecoin  in a blockchain community. SoyCoin (SYC) is the combination of cryptocurrency, green technology, and the real industry. Uniting these technologies we will create one of the stablest coins thanks to the created real assets. And merging with the Bancor company will give stable economic development future crypto economy. The association of these technologies will bring invaluable benefits to all communities. The cryptocurrency industry provides the chance of deeper application of cryptocurrencies in day to day life.

A great way to get some additional interest in this project is to do an interview on youtube. Here is a link where many ICOs are joining the project. Hopefully someone in the soycoin team will do a youtube interview and attract lots of well deserved attention:  https://bitcointalk.org/index.php?topic=2900656.0 (https://bitcointalk.org/index.php?topic=2900656.0)

When ICO end?

Not sure when the ICO will end but the pre-sale is ongoing and will last for 10 more days offering a discounted rate of 50% of the token price. Quite a unique project with potentially high returns from the freely mined crypto using biogas

So, as for me it is a good project. Quite especial project with high opportunities. Thank u for its creation ;)

I used to like this project, but now I have a few questions. What amount was collected during the first round? When do you plan to distribute tokens?

SoyCoin Blockchain - Crowdsale in real production of hi-tech industrial products
with high value added
SoyCoin project advantages for users; SoyCoin is not subject to inflation and volatility of cryptocurrencies will keep and will increase your capital

Hello admin,
We added your project SoyCoin to our listing - https://topexperts.io/ico/soycoin