 | Hydrocarbon 8 |
Hydrocarbon 8 is an UK based international oil & gas project management company. Hydrocarbon 8 offers the placement of security tokens HC8, which is equal to 60% of the Company’s shares.
WhitepaperImportant By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
What is Hydrocarbon 8
The Hydrocarbon 8 team aims to carry out oil and gas projects in Oman, Algeria and Egypt, CIS (optional). The team claim to have reached an agreement with a Chinese producer of Bitmain Antminers. This partnership is supposed to result in development of a cloud mining facility at one of the Hydrocarbon 8 gas fields. The team will start building gas power station (up to 200 MWT) for a BTC mining facility. The Hydrocarbon 8 (HC8) security token will be offered at the price of ~ $0.5 per barrel of P2 reserves. Token holders can also choose to convert their HC8 into Hydrocarbon 8 ordinary shares with subsequent listing on stock exchanges.
Token Sale Dates
ICO
Token Allocation
Funding Details
Restrictions
United States,
Token distribution
60% - Investors
20% - Treasury tokens
20% - Founders and Team members
Funds allocation
Project A
10-30 mln CHF - Acquisition together with the partner. Raising debt / equity financing for development
30-60 mln CHF - Independent acquisition and attraction of debt financing to finance part of the development program
60-90 mln CHF - Full implementation of the program with the possible partial involvement of debt financing to cover the deficit (if any) of funding the development program
Project B,C
10-30 mln CHF - Completion of the consolidation, raising debt / equity financing for development
30-60 mln CHF - Completion of the consolidation, independent funding of the development program
60-90 mln CHF - Completion of the consolidation and full implementation of the development program
Token Price and Payment Options
Social media
Telegram
GitHub
BitcointalkIndustries
