ZrCoin, a project to produce zirconium dioxide, was granted a permission by the administration of the city of Magnitogorsk to commence construction. The work will begin soon.
Green Zirconium:
ZrCoin is an amazing project for producing ‘Green Zirconium‘ from waste materials. It includes experienced materials scientists who developed a process for recovering zirconium dioxide (ZrO2) from waste materials, as the current process (widely used) is harmful for the environment.
ICO:
The crowdfunding, which was live from May 11th to June 9th, was completed successfully. The project has raised $7.07 million in cryptocurrency and US Dollars from 3,955 investors.
The funds will allow the launch of two synthetic zirconium production lines with a total capacity of 800 tons per month. ZrCoin tokens, which are hosted on the Waves blockchain platform, can be transferred and traded on crypto exchanges.
The news created a positive reaction of the market.
No comments:
Post a Comment