[ICO][ANN] ZrCoin [11|05—09|06]Commodity-backed blockchain

[Eldest]

Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you

[Nat2021]

Hi to everybody,

I'm new, how can I start to understand this crypto? Is there any reference? Is it the white paper the first page?

thanks a lot.

I'm a noob

Hi, claudio. Of course! Here is the FAQ https://zrcoin.io/faq
Video - https://www.youtube.com/watch?time_continue=17&v=L9ELGZN7GzQ
White Paper - https://zrcoin.io/files/Whitepaper_ENG.pdf

All for you

[enigmatical]

Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you

Generally, it is easier to use wave platform, and considering the background of the project rooted in russia, it is believed that it has greater prospects there.

[enigmatical]

Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you

Generally, it is easier to use wave platform, and considering the background of the project rooted in russia, it is believed that it has greater prospects there.

With waves all you need is just plug-ins, which makes things alot simpler as you dont have to code complicated contract

[Eldest]

Another question: do you know were to plan the bouilding of the zirconium factory? Where will the location be?

[Karmakid]

What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

So $2.1m will go to signature and avatar campaign? 3m x 0.70 is 2.1m

[ZrCoin]

What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

Minimal cap is 3.5 millions $

[Karmakid]

What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

Minimal cap is 3.5 millions $

So how much exactly in zr coins or in fiat will go to signature campaign? If 0.7% will go to the signature campaign then 3.5m x 0.7 = $2 450 000
I'm interested on this project but i've not decided yet.

[wolfgb888]

Zirconium dioxide (ZrO2) takes the form of colorless crystals with a fusion temperature of 2,715°C. It has one of the highest melting points of all metal oxides. Zirconium dioxide is one of the most highly in-demand zirconium compounds in the industry. Naturally it occurs as brazilite or zirconium dioxide, a white powdered crystal of a grey or yellow shade. It can be produced using an iodide refining method, where simple metal zircon shavings are used as raw materials. Zirconium dioxide is used to produce ceramics, including in prostheses, illumination and refractories, as well as in the manufacture of glass furnaces, etc.


I'm interested in the method of production of Zirconium, I'd like to see illustrated

[ZrCoin]

What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

So $2.1m will go to signature and avatar campaign? 3m x 0.70 is 2.1m

No, 0,7% from 3.5 millions is 24 500 coins.

[ZrCoin]

What is the minimum cap of this ico? And how many coins will be allocated in the signature campaign? Because in your social media campaign it is fixed to 10500 zr coins.

The minimum cap of the ICO is $3 million, the allocation to the signature and avatar campaign will depend on the ICO result, to the tone of 0,7% of ICO result.

Minimal cap is 3.5 millions $

So how much exactly in zr coins or in fiat will go to signature campaign? If 0.7% will go to the signature campaign then 3.5m x 0.7 = $2 450 000
I'm interested on this project but i've not decided yet.

If 0.7% will go to the signature campaign then 3.5m x 0.7 = $2 450 000

Use calculator and your skills from primary school how to count %, please.
Sorry

2 450 000 - is 70%

[ZrCoin]

Also nice approach by the zrcoin team initiators to stay away from the crowd of other ICOs using the Ethereum platform to use wave kudos.

What is the gain in using waves platform instead of an Ethereum one? I never used it so I need some informations. Thank you

The main thing is that Waves platform allows users to generate tokens easily. The platform can be used to pay dividends on each token.
Moreover, it has been designed in Russia and we are going to create our "green production" in Russia as well, thus it's good connection and has great developmental potential.

[ZrCoin]

I am curious on the dev teams answers to these as well. And also on the Buy back - will you be buying back from exchanges of you'll set up a website for redemption/ buying back the tokens from investors?

Buy-back will be processed in dashboard of our website.
It will be easier to check for investors, than checking exchanges.

[ZrCoin]

Translation needed ? I would like to do the German one.

Yes, we need german translation.

We still don't have it.

You are welcome!

[yoyoamigo]

Please be informed that the AssetID for this token: ZRCOIN is currently unknown or unavailable.
It will be updated as soon as it is available and 'yoyoamigo' knows about it. (To Dev: please pm yoyoamigo)
It is vital for you to know if you wish to trade it on WavesPlatform DEX.

Thank you for your attention.





Last Updated on: 19th April 2017
Missed the previous recap? Click here
The next recap will be out next week!

	1. [Blog] ZrCoin now blogs on Medium! 6 blog posts from last week |Link:1, 2, 3, 4, 5, 6
	---- Link1: Bookmark this link to keep track of ZrCoin's Blog
	---- Link2: 'ZrCoin ICO — timeline and details'
	---- Link3: Opened lecture by Vitalik Buterin in Moscow (11th of April)
	---- Link4: The uses of ZrCoin
	---- Link5: ZrCoin launches crowdfund for commodity-backed blockchain token
	---- Link6: Investment and return-on-investment with ZrCoin
	2. [Event] 2 events |Link:1a, 1b, 2
	---- Link1a,b: ZrCoin at Public Lecture by Vitalik Buterin at Digital October, Moscow 11 April 2017
	---- Link2: Presentation at XV-th International Conference on Refractory and Metallurgy (ICRM-2017)
	3. [ICO] 2 updates |Link:1, 2
	---- Link1: Added to Smith&Crown ICO tracking website
	---- Link2: ZrCoin ICO bonus to waves community token (WCT) holders
	4. [Interview] 3 interviews |Link:1, 2, 3
	---- Link1: By BitcoinChaser
	---- Link2: By "Silicone Dali" at Megapolis 89,5 FM radio
	---- Link3: By ICOTracker.net
	6. [Article] BankingTech - 'Blockchain and Bitcoin round-up' |Link:1
	7. [Info] Extra information related to ZrCoin |Link:1, 2
	---- Link1: CeramicIndustry - 'Global Zirconium Market to Reach 2.6 Million Metric Tons by 2017'
	---- Link2: Fox8Live - 'Zirconium 2017 Global Market Expected to Grow at CAGR 6.91% and Forecast to 2020'

WavesPlatform Recap is out. Check it out!

[ZrCoin]

So you will be registering in Russia as a business company. I have some few questions.

1. What are the benefits of token holders?
2. What will be the use of tokens?
3. Will there be some sort of dividends for token holders?
4. If there will be dividends, how can we claim it when tokens are traded at different exchanges?
5. Will there be a fixed percentage of the net income for token dividends just like some crypto casinos are doing. And we understand there will be no dividends in the first few months.
6. Just like what real companies with stocks listed in stock exchanges are doing. Are your final and official financial reports monthly and yearly open and available for viewing?

Thank you. Cheers!

Thank you for questions.

Yes, company is registered in Russia.

1. Benefit for token holders is opportunity to earn. Token ll give profit 5.5% per month. Also token holders ll have opportunity to change them to shares in future.
2. Our token is option.
You can read here https://medium.com/zrcoin/the-uses-of-zrcoin-878c7cf5864f

There are three main ways in which ZrCoin might be used in the future:
1) As an option on ZrO2. Because ZrCoin is backed by a real commodity, it is possible to take physical possession of the ZrO2. We expect a number of businesses to do just this. Manufacturers who need zirconium for their factories will buy ZrCoin ahead of time, at a discount — allowing them to acquire zirconium at below market prices. This will prove an attractive choice for forward-thinking businesses who have the money to invest in their future.
2) As an investment in its own right. As a blockchain-based option, ZrCoin will be treated as an investment or speculative instrument by traders. Those who invest at ICO can expect a healthy ROI. Because ZrCoin will trade on secondary markets after the crowdsale, other investors will have access to it and may be able to pick some up at an attractive price. Due to the discount offered and the market price of ZrO2, it is likely that ZrCoin will trade between $1.40 and $2.80. However, the cryptocurrency markets are notoriously volatile, and how the coin is priced in each currency will depend on its trading pairs and the performance of those currencies against fiat (most notably BTC).
3) As a store of value. Lastly, ZrCoin is backed by a real commodity, and has a theoretical real-world value of $2.80 (depending on market conditions). It should therefore have a relatively stable price, particularly over the longer term. ZrCoin will be a way to hedge against inflation and for traders to use to park value when trading more volatile coins, such as BTC and alts.

3. No dividends for tokens. Buy-back process with 5.5% profit per month. Tokens are not shares.
Shares will be available later.

4. -

5. Buy-back process is suppposed to be with 5.5% profit per month. We will start buy-back process in 8 months after ICO.
It will be processed in dashboard of our website.

6. Yes, information will be opened and when everything will work in proper way, we ll make audit of the plant and everything will be estimated, checked and we ll be able to sell shares.

We are opened for any questions.
Don't hesitate to ask.

[ZrCoin]

when the project will be up to speed, I will have a token, Zrcoin, that I will be able to trade with different commodities ? Still, there is not a exchange specialist crypto and raw materials ! these markets are a monopoly and are not easily scalable and will not be easy to create a new exchange with the traditional rules

It is a good step forward to put commodity trading on block chain, I think many companies are looking what is going to happen with this project.  I totally support this project and this idea in general.

I also like very much the idea, it is fantastic market semidecentralizzato of raw materials, but consider that today, this type of goods is being dealt with by the monopolies which are very strict that you are not willing to sell their primates

Yes, that's true.
Our idea is about decentralization and not monopolized world.
We would like to give opportunity for usual people to participate in such serious industrial projects.

The decentralisation of the global economy starts here.

By creating an option on the blockchain, backed by production of ZrO2, ZrCoin will make it possible to trade a real commodity in a fully decentralised way. Anyone, anywhere in the world can buy it, so long as they have an internet connection and the ability to deposit funds into the Waves client (using bitcoin via exchanges, or even with a credit card). Moreover, the barriers of scale that exist in the traditional financial system aren’t a problem with the blockchain. There is no minimum purchase, and no flat fee for brokerage. It would be possible to buy a single ZrCoin, or even less, without the associated costs being prohibitive.
In the near future, we expect many such financial instruments to arise on the blockchain. People will be able to trade them directly, with complete freedom — any amount of any commodity, trading directly against any other, on Waves’ DEX. Sell 5kg of zirconium for gold. Trade USD for silver-backed tokens. Suddenly it will become possible to create diverse portfolios efficiently, even using ZrCoin and other tokens as forms of commodity money. The future is starting to look very interesting, and we’re glad to be blazing a trail there.

Read here
https://medium.com/zrcoin/the-decentralisation-of-the-global-economy-starts-here-1d77f234d468

[ZrCoin]

Hey, yoyoamigo!

Thank you so much!

I can't stop wondering how cool and talented you are.

Thank you for your time and attention to us!

[yeswepump]

Hello

I've got to know your project via theviralexchange.

I started reading your whitepaper today.

What will happen in case the ico will fail?

[enigmatical]

Its a risk, but nevertheless we all hope for the best. I believe this project will succeed