Published: Apr 19, 2018

Nafen (NFN)

Website

Status

ICO

NAFEN is a project combining technologies in the field of industrial production of a crystalline material, which is alumina nanofibers (Al2O3) branded as NAFEN™.

Whitepaper

Onepager

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Interest lvl

Updated: Aug 11, 2019

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High

3.7/5 • 3 votes

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Ticker

NFN

Type

Utility-token

Token standard

ERC-20

FoundedEstonia

Registration countryEstonia

What is Nafen

«NAFEN™» is a project combining advanced technologies in the field of industrial production of a unique crystalline material, which is alumina nanofibers (Al2O3) branded as NAFEN™. The high quality and outstanding characteristics of NAFEN™ create vast opportunities for its use in the improvement of mechanical and physicochemical properties of various materials used in such industries as:

Energy creation and storage

Fuel Cell technology

Metallurgy

Chemical and petrochemical production

Advanced Materials Engineering

Aerospace industry

Automotive industry

Marine construction and maintenance

Electronics industry

Building materials industry

The production process is unique in terms of high-performance, scalable technology, and will allow for significant reductions in the final cost of the nanofibers and, consequently, will make it available and more attractive for widespread industrial use.

We are offering to anyone interested in our project an opportunity to participate in the development and construction of a new industrial production facility.

For this project:

We create a blockchain currency—NFN token—that is equivalent to a voucher giving 100% discount for 1 gram of NAFEN™ nanofibers.

You, as the owner of the token, will be able to exchange your token for our material, and as additional bonus you also can sell it directly to person(s) or entities interested in purchasing NAFEN™ (e.g. companies that use nanofibers in their products).

We will be listing the NFN token on several cryptocurrency exchanges. So you will be able sell your tokens at market price on the exchanges at any given time.

We expect to buyback a proportional number of tokens from the exchanges when our industrial customers order NAFEN ™ nanofibers through our production sales system.

If the price of the token on the cryptocurrency exchange is lower than the price that we agreed with the buyer, the difference will be considered operational profit for the company. If the price of the token is higher than the selling price of our nanofibers (NAFEN ™ is undervalued in the exchange), we will proportionally increase the cost of the nanofibers.

Also, in order to accelerate the process of the token buyback, we will recommend that our industrial customers buy tokens directly from the cryptocurrency exchanges and trade those in to the company for a proportional amount of nanofibers.

Nafen Roadmap

Q2 2018

Investment campaign. Search for a production site. Engineering and technical surveys.

Q3 2018

Production site long-term lease. Production plant design works. NFN tokens listing on crypto-exchanges.

Q4 2018

Purchase orders for the equipment , including reactors for production. Approval of the optimal construction plan. Searching for Plant Construction partner.

Q1 2019

Signed agreement with construction company. Full-scale construction works.

Q2 2019

Delivery and installation of the first reactors.

Q3 2019

Final stage of the construction works. All reactors are delivered and installed.

Q4 2019

Test launch of the reactors.

Q1 2020

Finalizing production modes. Ready to start the sales.

Token Sale Dates

Presale Period

Start date: Mar 22, 2018

End date: May 22, 2018

Token Allocation

Total Token Supply 140,000,000

Total Tokens for Sale 170,100,000 NFN

Funding Details

Soft Cap 2,500,000 EUR

Hard Cap 14,000,000 EUR

Restrictions

Residents of the following countries are prohibited from participating
United States

Token distribution

80% - Token Sale
10% - Team bonus
5% - Referral
5% - ETH investments

Funds allocation

59% - OPEX
2% - Liquidity
10% - Fees&Consulting
2% - Marketing
14% - CAPEX
4% - ICO Marketing
7% - Other
2% - PR

Token Price and Payment Options

Token price USD 1 NFN = 0.123 USD

Token price EUR 1 NFN = 0.1 EUR

Accepted Currencies ETH, BTC, Fiat

Project team

Vladimir Jeletski

CFO

Tim Ferland

Commercial Director

Roman Gertcev

CEO

Sergey Kniga

Head of Production

Alexey Kirillov

Chief technologist, R&D Leader

Denis Lizunov

Head of technical support and development

Anton Ruzanov

Head of laboratory

Aleksei Tretjakov

Project coordinator

Sonya Evtyushina

CMO

Mike Kozhevnikov

Web Design

Advisors

Martin Kiuru

Advisor

Thomas Puschmann

Advisor