|
dafew (OP)
|
 |
August 09, 2017, 02:26:06 PM
Last edit: September 04, 2017, 04:28:10 PM by dafew |
|
SWAP ANNOUNCEMENT FARAD Cryptoken - Revolutionising The Future of Innovation FARAD Ltd. (“FARAD”) is pleased to announce the launch of its Farad Cryptoken Swap starting with the Pre-sale Program on 25 th August 2017, to be followed by the Sale Program either starting on the 15 th September 2017 or earlier depending on demand received during the Pre-sale program. In launching its Farad Cryptoken (“FRD”), FARAD will successfully bring together two technological innovations: Ultra-capacitor and Blockchain. The energy storage innovation which FARAD and it’s technology partners represent is in the invention, manufacturing and delivery of high-end ultra-capacitors, while the Blockchain will be based on Ethereum ERC20 Smart Contract. FRD sets itself apart from other cryptocurrencies since it is backed by real economic cash flows. Each FRD represents a right to the forward production of Ultra-Capacitor Cells (“UCC“) defined by the millifarad (“mF”) of the UCCs.
80 million UCCs will be manufactured over a period of 36 months, producing a total of 1.6 billion mF. FRD will be offered for sale based on the timetable below: | Pre-sale | Pre-sale program which will be conducted over a maximum period of 21 days
starting from 25th August 2017, 13:00 GMT till 14th September 2017, 23:59 GMT
| | | Sale | Sale program will start from the closing of the Pre-sale program or over a maximum period of 14 days
from 15th September 2017, 00:00 GMT till 30th September 2017, 23:59 GMT
| | | Sale Volume | 1,280,000,000 FRD | | | Total Issue Volume | 1,600,000,000 FRD | | | Distribution of FRD | For every 100 FRD sold in this offering, 25 additional FRD will be issued and retained
for sponsor, team members, partners and advisor
| | | FRD Offer Price (Pre-sale) | 0.0005921 ETH / 0.0000559 BTC
| | | FRD Offer Price (Sale) | 0.0006579 ETH / 0.0000621 BTC
| | | Website URL | https://farad.energy | | | FRD Issue Date | 7 days after the Sale closing date
| | | First Quarterly Buy-back | 20th March, 2018
| | | Issuer | Farad Ltd., Hong Kong SAR | | | Program Executors | HK Beidou Aerospace New Technology Co. Ltd. Hong Kong SAR &
Guangxi Beidou Aerospace New Technology Co. Ltd., Wuzhou City, Guangxi Province, PRC
| | | Program Manager & Blockchain Developer | Virtue Fintech FZ-LLC, Dubai, UAE. | | | GitHub URL | https://github.com/VirtueFintech/FaradCryptoken |
The interested individuals can participate with BTC & ETH through FARAD official web-page https://farad.energy. | | Company Name | Farad Ltd., Hong Kong SAR.
| | | Email | corporate@farad.energy
| | | Twitter | @faradcryptoken
| | | Facebook | faradcryptoken
| | | Instagram | faradcryptoken
| | | Slack | faradcryptoken.slack.com
|
|
|
|
|
|
|
|
|
|
|
|
"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
Dabb420
Newbie
 Offline
Activity: 18
Merit: 0
|
|
August 09, 2017, 02:34:36 PM |
|
Each FRD represents a right to the forward production of Ultra-Capacitor Cells (“UCC“) defined by the millifarad (“mF”) of the UCCs.
80 million UCCs will be manufactured over a period of 36 months, producing a total of 1.6 billion mF.
Can you explain a little bit more on this? |
|
|
|
|
|
gorokill
|
|
August 09, 2017, 02:38:38 PM |
|
suplly : 1,6b price 600sat  Are u serious |
|
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 02:39:37 PM |
|
Each FRD represents a right to the forward production of Ultra-Capacitor Cells (“UCC“) defined by the millifarad (“mF”) of the UCCs.
80 million UCCs will be manufactured over a period of 36 months, producing a total of 1.6 billion mF.
Can you explain a little bit more on this? Well, basically, 1 FRD is equivalent to 1mF (1 millifarad ), which is a right of 1 mF from the 80 million UCCs produced. Normally, 1 UCC uses 2 mF or more. |
|
|
|
Dabb420
Newbie
Offline
Activity: 18
Merit: 0
|
|
August 09, 2017, 02:44:21 PM |
|
suplly : 1,6b price 600sat Are u serious What is "sat"? Sorry but i also want to understand your question.  |
|
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 03:01:26 PM |
|
suplly : 1,6b price 600sat Are u serious Yeah. FRD Offer Price (ICO Pre-sale) 0.0005921 ETH / 0.0000559 BTC FRD Offer Price (ICO Sale) 0.0006579 ETH / 0.0000621 BTC It's only a few cents per FRD . Which means you can buy a lot of FRD in 1 BTC/ETH |
|
|
|
|
Route69
|
|
August 09, 2017, 03:06:10 PM |
|
Good token name, but I dont understand why farad needs... Could you explain to me in two words, please
|
|
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 03:08:42 PM |
|
Good token name, but I dont understand why farad needs... Could you explain to me in two words, please
2 words =:= Ultra-Capacitor Manufacturing |
|
|
|
Zolwaski
Newbie
Offline
Activity: 7
Merit: 0
|
|
August 09, 2017, 03:09:26 PM |
|
ICO ANNOUNCEMENT FARAD Cryptoken - Revolutionising The Future of Innovation FARAD Ltd. (“FARAD”) is pleased to announce the launch of its Farad Cryptoken Initial Coin Offering (“ICO”) starting with the ICO Pre-sale Program on 25 th August 2017, to be followed by the ICO Sale Program either starting on the 15 th September 2017 or earlier depending on demand received during the Pre-sale program. In launching its Farad Cryptoken (“FRD”), FARAD will successfully bring together two technological innovations: Ultra-capacitor and Blockchain. The energy storage innovation which FARAD and it’s technology partners represent is in the invention, manufacturing and delivery of high-end ultra-capacitors, while the Blockchain will be based on Ethereum ERC20 Smart Contract. FRD sets itself apart from other cryptocurrencies since it is backed by real economic cash flows. Each FRD represents a right to the forward production of Ultra-Capacitor Cells (“UCC“) defined by the millifarad (“mF”) of the UCCs.
80 million UCCs will be manufactured over a period of 36 months, producing a total of 1.6 billion mF. FRD will be offered for sale based on the timetable below: | ICO Pre-sale | ICO Pre-sale program which will be conducted over a maximum period of 21 days
starting from 25th August 2017, 13:00 GMT till 14th September 2017, 23:59 GMT
| | | ICO Sale | ICO Sale program will start from the closing of the ICO Pre-sale program or over a maximum period of 14 days
from 15th September 2017, 00:00 GMT till 30th September 2017, 23:59 GMT
| | | ICO Sale Volume | 1,280,000,000 FRD | | | Total Issue Volume | 1,600,000,000 FRD | | | Distribution of FRD | For every 100 FRD sold in this offering, 25 additional FRD will be issued and retained
for sponsor, team members, partners and advisor
| | | FRD Offer Price (ICO Pre-sale) | 0.0005921 ETH / 0.0000559 BTC
| | | FRD Offer Price (ICO Sale) | 0.0006579 ETH / 0.0000621 BTC
| | | Website URL | https://farad.energy | | | FRD Issue Date | 7 days after the ICO closing date
| | | First Quarterly Buy-back | 20th March, 2018
| | | Issuer | Farad Ltd., Hong Kong SAR | | | Program Executors | HK Beidou Aerospace New Technology Co. Ltd. Hong Kong SAR &
Guangxi Beidou Aerospace New Technology Co. Ltd., Wuzhou City, Guangxi Province, PRC
| | | Program Manager & Blockchain Developer | Virtue Fintech FZ-LLC, Dubai, UAE. | | | GitHub URL | https://github.com/VirtueFintech/FaradCryptoken |
The interested individuals can participate with BTC & ETH through FARAD official web-page https://farad.energy. | | Company Name | Farad Ltd., Hong Kong SAR.
| | | Email | corporate@farad.energy
| | | Twitter | @faradcryptoken
| | | Facebook | faradcryptoken
| | | Instagram | faradcryptoken
| | | Slack | faradcryptoken.slack.com
|
what is the relation between the UCC and Farad itself? |
|
|
|
|
|
basket ball
|
|
August 09, 2017, 03:23:22 PM |
|
To many newbie here  |
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 03:24:13 PM |
|
ICO ANNOUNCEMENT FARAD Cryptoken - Revolutionising The Future of Innovation FARAD Ltd. (“FARAD”) is pleased to announce the launch of its Farad Cryptoken Initial Coin Offering (“ICO”) starting with the ICO Pre-sale Program on 25 th August 2017, to be followed by the ICO Sale Program either starting on the 15 th September 2017 or earlier depending on demand received during the Pre-sale program. ... what is the relation between the UCC and Farad itself? UCC stands for Ultra-Capacitor Cell. And the cell is measured in millifarad. In our case, 1 UCC uses 2mF. |
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 03:32:07 PM |
|
To many newbie here Well, everybody has to start somewhere... |
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 03:59:32 PM |
|
ICO ANNOUNCEMENT FARAD Cryptoken - Revolutionising The Future of Innovation FARAD Ltd. (“FARAD”) is pleased to announce the launch of its Farad Cryptoken Initial Coin Offering (“ICO”) starting with the ICO Pre-sale Program on 25 th August 2017, to be followed by the ICO Sale Program either starting on the 15 th September 2017 or earlier depending on demand received during the Pre-sale program. ... The Overview paper can be read from here: https://farad.energy/download/en/FaradOverview.pdf |
|
|
|
|
luksbit
|
|
August 09, 2017, 04:04:52 PM |
|
Damn, at first I understood FARAO = Pharaoh . Are you going to have bounty? When are you going to start the campaign?
|
|
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 04:09:33 PM |
|
Damn, at first I understood FARAO = Pharaoh . Are you going to have bounty? When are you going to start the campaign?
No worries. We shall announce that later for the FARAD Real-time updates of Manufacturing data on the Ethereum Blockchain. The campaign is already started in slow gear for now...and moving to the fifth gear during the Pre-ICO time, the August 25 th |
|
|
|
massenzio77
Member
Offline
Activity: 182
Merit: 10
|
|
August 09, 2017, 04:16:03 PM |
|
Token free?
|
|
|
|
|
|
PonyBoy
|
|
August 09, 2017, 04:22:44 PM |
|
I'm really trying to see the utility in this project. Are you storing the s/n of each capacitor on the blockchain for record-keeping/warranty? Or are you crowd funding your capacitor manufacture business? I'm quite confused.
|
|
|
|
|
|
dafew (OP)
|
|
August 09, 2017, 04:31:30 PM |
|
I'm really trying to see the utility in this project. Are you storing the s/n of each capacitor on the blockchain for record-keeping/warranty? Or are you crowd funding your capacitor manufacture business? I'm quite confused.
All the manufacturing of the UC will be posted on the blockchain in real time. Each FRD purchase is a forward purchase contract of this UC, which starting March 2018, you can redeem back at a higher price. This way, the FRD has a real floor value, which can be redeemed back in batches. The manufacturing of UCs are not related to the ICO funding, except for extending the manufacturing capabilities from 5 lines that we have so far. Only Line 1 of the manufacturing is being used for this ICO. Maybe extended to another line if receiving overwhelming response from the public. Don't worry, everybody is asking the same question as this is the first ERC20 token that is mapped to the manufacturing process. |
|
|
|
|
dafew (OP)
|
|
August 10, 2017, 05:57:21 AM |
|
Token free?
There are free FRDs for those who joined our roadshows. Please check the website for the roadshow nearest to you. |
|
|
|
|
dafew (OP)
|
|
August 10, 2017, 07:00:54 AM |
|
Thank you for interest. This is really the first ERC20 token backed by cash. As for your offer, thank you, but we have the translations already done by our partners. Please check https://farad.energy for the rollout of languages. |
|
|
|
|
