SandCoin: Sand Mine Project With Blockchain Cryptocurrency Technology
SandCoin: Sand Mine Project With Blockchain Cryptocurrency Technology
Sand is the main ingredient in any inprastructure, house and many other buildings that always use sand as the main ingredient.
SAND?
why i just discuss the sand !!!
what does it have to do with cryptocurrency?
surely a bit of a surprise? !!
Okay, so do not be curious, I'll try to explain what Sand Coin is, what big project is being built by Sand Coin ...!
Sand Coin is the first sand mining project to be funded through enhanced cryptocurrency and through the manufacture of a cryptocurrency token for the mining of non-metallic materials. Sand Coin is a derivative of blockchain based on a real product.
Surely this will make a big advantage, since Sand Coin has given birth to a new economic system that has combined the construction business, non-metallic materials through blockchain technology. And will enable private companies and other business owners to participate in new digital economic development projects. This project was implemented in Moscow
THE PROJECT
Sand Coin owns a land area of 109 hectares (269,354 hectares) in the Moscow Region.
This land is located 60 km from Moscow and 10 km from the hotel
location of intersection of Central Ring Road.
This land is valued at $1.8 million as a real estate property, without the
value of prospective sand mining.
Based on a survey conducted with 16 drill holes on the 300x300 grid
meters and 5 drill holes on the 300x300 meter grid, the SandCoin team can evaluate the sand source from the R1 category, and in the near future confirm the existence of the sand source of the S2 category. And have done drilling assessment by core extraction and sample test extraction.
Drilling is done up to 16 meters in depth, and yields
following result:
- Topsoil 0,15 meters (stripping 15 centimeters)
- Sand, medium and coarse to the depth of up to 16 meters
- Water cut from the depth of 4 meters
Extracted and ready for sale product will consist of grade 1 and grade 2
sand:
1) Very fine sand - fineness modulus of 1.0 - 1.5
2) Fine sand - fineness modulus - 1.5 - 2.0
3) Medium sand - fineness modulus - 2.0 - 2.5
4) Coarse sand - fineness modulus - 2.5 - 3.0
Project implementation plan
This is an opportunity for investors financially in the SandCoin project, since the project is implemented through a blockchain platform and based on a real project - cubic meters of mortar sand.
The total volume of sand is estimated to be 14.4 million cubic meters.
The average market price of 1 cubic meter of sand is $5.30.
Estimated total earnings of the quarry - 14 400 000 m3 * $5.30 = $76 320
000.
The volume of sand sold during pre-ICO and ICO - 3.4 million m3 = 3 400
000 SAND COIN.
The price offered to buyers during crowdsale $0.95 -
$1.35 = 1 m3 ($0.95 - $1.35 = 1 SAND COIN).
The maximum amount of funds raised through crowdsale is $3 528 600.
SAND COIN ICO:
ICO will be held in September - October 2017
During the purchase of ICO will be offered to buy a kriptocurrency token
equivalent to 3 170 000 cubic meters of sand (3 170,000 COIN SAND)
1 COIN SAND = $ 1.25 - $ 1.35
The minimal milestone of the ICO is equal to the amount required for the
first stage of quarry development - $1 175 000
TEAM SAND COIN
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