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Re: [ANN] Angenium Project - Official ICO Thread
by
MaxShelestov
on 27/08/2018, 14:12:09 UTC
The objective of this project is very difficult to achieve, as many of the mines belong to national or private companies, including abandoned mines, which are owned by the mines.
How can Angenium intervene in the operation of the mines? How will you address the legal process of host countries?
Actually, I do not see Angenium being able to overcome these difficult barriers.


The ash-slag heaps and pyrite cinders that we will recycle are not owned by the state or private companies. On the contrary, the state and companies that produce these waste are very anxious to get rid of them and do not know how to effectively do it. With the classical utilization or recycling of man-made waste, profitability tends to zero or, at best, reaches 10-20 percent. We do not need any licenses for processing, since the waste that we process is not toxic - class 5 of danger. Also, we do not need a license for subsoil use, for the extraction of precious metals, since we extract them from waste that lies on the surface.

Regardless of whether we raise funds for ICO or not, we will accurately build our plant, launch it and receive from 1 ton of waste from $ 1000 of profit. Investors are already in the queue, and ICO is just one of the tools (as it seems the fastest) to attract investment, but far from being the only and most important for us.