Cuprum Coin sllc has announced the launch of the presale phase of its commodity-backed cryptocurrency, with an underlying asset in the form of ultra-fine copper powder, worth over $ 60 billion.
Although the launch was announced for September 15th, due to slight delays, Cuprum Coin was successfully launched on October 8th.
The project cuprum coin aims to deliver value by combining Blockchain technology built on the eco-friendly Tezos platform with a highly sought-after and valuable product: ultrafine copper powder. This project will allow anyone to invest in an asset that has been available to privileged institutions for decades.
The company is, therefore, the first organized effort to create the market and has prepared only 0,5% or 1,5 million CUPRUM coins at the promotional price of US $ 10 for 1 coin. The presale is underway through the trading platform cuprum coin, with Bitcoin (BTC) or Ethereum (ETH) as purchase options.
The expected duration of the presale is 2 months. It will be followed by an Initial Exchange Offer (IEO) from December 1 with the predetermined price of US $ 15 for 1 coin, and then by exchange trading from January 1, 2022 or immediately upon completion of the IEO. Cuprum Coin is expected to start trading on the exchange at no less than $ 25 per coin. Since a Cuprum Coin is backed by $ 100 in commodity value, presales, as well as IEOs, are a great opportunity to invest early on.
“We are fully aware of the curiosity and interest that this unique market creation has grown within the crypto community. That's why we decided to move the initial launch and present more transparent and faster coin exploration time plans, ”said Mario Urlić, CEO and founder of cuprum coin, last week.
Therefore, management presented an improved fund distribution plan that now includes strategic investments in environmental protection, sustainable energy, aerospace and space programs, medical technology, and charitable donations. The founder and his partners have decided to separate 12,5% of total sales in these sectors.
The company stores and protects extremely valuable underlying assets in high-security facilities in Germany. Potential investors are advised to request supporting documentation and visit the premises on special arrangements.
Visit Cuprum Coin official website .
