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Albarit (ALB)

ICO

ALBARIT is an investment business model, that has been created to market the barite mineral through digital assets or Tokens (ALBs).

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Overview

Project industryMining
Product typeService
WhitepaperAlbarit White Paper Open

What is Albarit

ALBARIT has been developed with the main purpose of creating a ALB Token destined to the commercialization of barite´s mineral (barium sulphate). We are pleased to be able to introduce this opportunity in a global way to oil service companies, investors and people in general willing to be part of the ALB Token investor community. This investment offer belongs to a decentralized investment proposal through ALB Tokens for exploitation, processing and commercialization of Barite Mineral with huge importance within oil extraction operations.

ALBARIT is a Token that will allow, through the Blockchain technology and supported by Ethereum's smart contracts, to process and trade the Barite, which at the first time will be obtained from the exploitation of "Cardoso" mine located in Cascalote de Bravo town in the Puebla state of Mexico country. Then, in a second phase of mining operations, there will be mines that will be included through a contract with the close participation of the owners and / or concessionaires under the smart contract of the Token ALBARIT will be added, for which each Barite Tone will belong to 170 Albarits (ALBs).

Details

Pre-sales: Aug 24, 2018 - Sep 27, 2018
Token supply: 34,000,000

Legal

Registration country: Mexico

Token info

Ticker: ALB
Type: Utility-token
Token price in USD: 1 ALB = 0.7 USD
Accepted currencies: ETH BTC
Token distribution:
20% - ICO
Funds allocation:
38% - Assignments for purchase of machinery and equipments
20% - Reserve
15% - Project Management & Business Development
5% - Blockchain Platform development
5% - Marketing
5% - Operational Costs
4% - Assignments for analysis, certifications
3% - Legal Support
5% - Researches

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