 | Hydrocarbon 8ICO 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. IMPORTANT: 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. |
Overview
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OpenWhat 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.
DetailsPublic sales: Aug 08, 2018 - Oct 07, 2018Token supply: 99,000,000 Soft cap: 2,600,000USD (fiat) Hard cap: 115,700,000 USD(fiat) LegalCountry limitations: United States,Registration country: United Kingdom Registration year: 2018 | Token infoTicker: HC8Type: Security Token price in USD: 1 HC8 = 1.03 USD Accepted currencies: ETH Bonus program: 80% - First 9 mln toklens, i.е. 1 CHF = 1.8 НС8; 60% - Next 8 mln tokens, i.e. 1 CHF= 1.6 НС8; 40% - Next 7 mln tokens, i.e. 1 CHF = 1.4 НС8; 20% - Next 6 mln tokens, i.e. 1 CHF = 1.2 НС8. 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 |
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