Cuprum Group is a team of professionals in crypto and mining industries. Team members are IDACB experts, geologists with more than 20 years of experience, acclaimed engineers and top tier managers. They guarantee 250-350% in profits for the token buyers.
Cuprum Token project comes from the real sector. And it's backed up by the real, not virtual assets. The company has already obtained the land for the mining, all licences and permissions. Moreover, Cuprum Group has technologies and the best team for the job.
Cuprum Group is a diversified Estonian holding specialized in mining. The group's mission is to accelerate transition to innovative, effective and ecology-friendly technologies for mining companies.
Currently Cuprum Group is exploring ore-bearing area and preparing to launch an ISL mining factory in Russia. Expected production volume is 3500 metric tons per year.
The project's team offers to look at all the licenses and documentation at project's website.
New York based company Satis Group LLC has divided ICOs into 6 types. Their research has shown that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.
Moreover, according to bitcoin.com data, fraudsters has stolen cryotocurrencies worth $1,36 billion in the first 2 months of 2018. 22% of this amount wwas stolen by hackers whereas 30% - ICO scams.
Often tokens aren't backed up by anything, ideas are half-baked, teams are trying to deceive their investors. Cuprum Group has created accessible way of investing.
Every token is backed up by 1 kilo of copper. Net price for copper on our factory equals $1,98. Cuprum Group sells one token for $2 comparing to almost $7 on London Metal Exchange. Copper price is expected to go up in the coming years. Investors can get up to 350% in profits buying this token.
Cuprum Token is sold on the Ethereum platform. All the investors have equal rights to purchase tokens and sell them back after the launch of the production.
The emittent guarantees the return of investments for all investors in the sequence they've bought the tokens. Tokens will be bought back for the price on London Metal Exchange.
Copper is a needed resource. We expect increased demand on copper in the next 4 years. The demand will be rising at record rates: 15.3% per year for the construction industry, 38.1% in the energy sector and 28.79% for the car production. It's around 415,000 ton every year. With this temp of growth there will be 400,000 ton deficit in 2022.
The copper shortage inevitably leads to higher prices on copper. But there is almost no way to buy copper in the small amount except with the Cuprum Group. Entry threshold on London Metal Exchange is 24 tons. That is more than $150 000 excluding transportations, storge and other risks.
Cuprum Token is a crypto asset able to solve this problem. One can invest even a small amount of money in the project. And when the production will be launched the investor will be deciding what to do with his asset: sell it back to Cuprum Group with 350% in profits or exchange it on copper that is already in deficit.
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