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Blockchain Metal Companies’ first product Cu Coin MBX, a negotiable electronic warehouse receipt on the ethereum blockchain representing 1kg of Grade A Copper Cathodes, comes with attractive incentives for its Initial Token Offering participants.
Participants can buy Copper with FIAT currencies with a SWIFT transaction or with Crypto-Currencies by sending them to Blockchain Metal Company owned wallets that will be released together with the ITO contracts. The minimum purchase amount per transaction is 300 USD.
The ITO is planned to last 12 Months and is divided into 5 Stages. Each Stage has a Hard-Cap of 15.000.000 USD and a Soft-Cap of 5.000.000 USD. These volumes ensure a smooth bulk purchasing procedure and enables the discounts on the market price. The same market price used in the Supplier contract at the end of each stage will transparently be applied to Initial Token Offering customers in the relevant stage.
Besides offering discounts in stages on the London Metal Exchange dete...
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