EMJAC is a platform where users can buy renewable energy. The authors of the project have a technical and legal basis for controlling illegally recycled waste and their environmentally friendly processing. Also, the project team has developed several methods for extracting energy from waste tires. Using Blockchain technology will ensure anonymity of users' personal data.
Business Model Overview EMJAC (EMJ)
1. The validity of income
The project will receive income from the release of 4 products: synthetic diesel (Euro 2 class), steel wire, purified carbon black and synthetic gas. The number of synthetic diesel is 45% of the total raw materials. The amount of soot produced is about 35% of the feedstock. Also 10% will be steel wire and synthetic gas.
2. Number of currencies accepted
The project accepts such liquid currencies as: BTC, ETH.
3. Token emission
There is a limited number of tokens. A total of 500 million EMJ tokens will be released (p. 24 White Paper).
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 27.2%.
The project's plan specifies its goals until January 2020 (p. 28 White Paper). After completing ICO, the project team will allocate funds as follows: 75% - “Platform Development”, 5% - “Marketing”, 15% - “Team and Operating Expenses”, 3% - “Partners and Investors”, 2% - “Bounties”.
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which is a plus to its investment attractiveness. The values of SOFT CAP and HARD CAP are the same and amount to $ 10,000,000.
7. MVP availability
In the project flow chart provided, there is no information about MVP.
8. Risk assessment and insurance
There are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of losing capital for investors.