SRT-COIN tokens, Token sale is live now!
Why SRT & Why do you have to join SRT?
- Smart Refinery Technologies Group, the developer of innovative technical solutions and equipment for the production of automobile fuels is creating the world’s first blockchain platform for the oil refining industry.
- Project goal: revolutionary technology services launching in the global fuel market, the size of which is more than $ 5 trillion US dollars. Services will be based on blockchain and artificial intelligence (AI) technologies.
Smart Refinery Technologies is an all-up business process support platform, from production to selling fuel to consumers:
- Eco-friendly EURO-5 class fuel production management based on manufacturing modules of SRT Group.
- Trading based on decentralized fuel exchange with smart contracts-based payments.
- Pay fuel with cryptocurrency — fuel cards with cryptocurrency wallets integration give an opportunity to pay fuel at petrol stations with cryptocurrency.
Platform advantages:
- Fuel exchange and production business processes automation based on blockchain and artificial intelligence (AI) technologies
- Integration with industrial protocols of IIoT for ma complexes, logistics depots, payment terminals.
- P2P payments and smart-contracts support.
- The high speed of transactions and a possibility to process more than 100,000 transactions per second.
- Low commissions now more than $0,001 for the transaction.
- A fuel trading convenient instrument for small and medium-sized businesses.
Project tokens: SRT-Coin the utility-token platform is a standard for trade commissions payments, royalties, and payments for transactions within the network. The ERC-20 token standard will allow using the existing Ethereum network infrastructure for storing tokens and conducting transactions. The issue of tokens is limited 100.000.000 SRT-Coin. “Payment for commissions” tokens burning program will be implemented.
Team SRT consists of professionals: in the field of scientific research, blockchain developers, oil market experts. In SRT team there are 2 current professors, 4 doctors, and Ph.D., professional managers with experience in world TOP-10 oil companies.
The global increase in demand for fuel exceeds 5,000,000 tons annually. The market craves for innovative solutions to meet this demand. Join the blockchain revolution in the fuel business!
SRT-COIN tokens preview
- Symbol SRT.
- Platform Ethereum.
- Token standard ERC20.
- Maximum quantity 100 000 000 SRT, not re-issued.
- Including those that are distributed to the community max. 71 200 000 SRT.
- Tokens of the team and Advisory Board No more than 28 800 000 SRT, issued in proportion to the number of tokens realized during the ICO.
- The mechanism for reducing the number of tokens in turnover 80% of the SRT-coin coming from the oil refineries as payment of license fees will be destroyed.
- Cost of the token Tokens has no cost.
- What do they provide Tokens provide the right to participate in the creation and maintenance of the functioning of the Platform in accordance with the terms of the sale of the tokens and this WhitePaper?
- Property rights Tokens do not provide any rights to the assets of Smart Refinery Group companies or other persons participating in the work of the Platform.
- Shareholder rights Tokens do not provide any shareholder rights with respect to any of the Smart Refinery Group companies, or any other company participating in the work of the Platform.
- Debt rights and obligations of a financial, property or other nature Tokens do not provide any debt rights and obligations with respect to any of the Smart Refinery Group companies, as well as any other persons participating in the work of the Platform.
- Rights in case of bankruptcy Tokens do not provide any property or other rights in the event of bankruptcy of any of the Smart Refinery Group companies, as well as any other persons participating in the work of the Platform.
- Obligations of token repurchase No one is obligated to repurchase tokens.
The economic and legal framework of SRT-COIN tokens
Tokens provide the right to receive discounts, when paying license fees (royalties), from a licensed production of fuel using SRT Technologies. Tokens provide the right to realize the license rights on a certain territory, for all intellectual property objects of the issuing company, including those that were by any means acquired by SRT before the ICO (with the fulfillment of certain additional conditions of the license agreement), as well as of other companies participating in the platform.
Using SRT-coin tokens
The srt-coin token is a utility token, which will be used in the operation of the blockchain platform of managing license payments of oil refineries, as well as in other ways described below:
- Payment of license fees in the SRT platform Companies wishing to become production partners of the platform and receive SRT Group’s refinery equipment for lease on favorable terms should be holders of at least 10,000 SRT-coin Tokens. All production partners that are small tonnage oil refineries, will receive SRT Group equipment on long-term lease conditions with an obligation to pay royalties for the volumes of actually processed raw materials. Thus, the greater the number of oil refineries connected to the platform, and greater the volume of raw materials processed, resulting in larger amounts of license fees collected.
- Payments for lease of equipment and other SRT Group services Participants of the platform will be offered mechanisms for paying lease of production equipment and related services (engineering, start-up and commissioning of equipment, replacement (renewal) of catalysts in the production process, laboratory services and services of developing optimal technological regimes depending on the type and cost of raw materials and finished products in order to maximize profits of oil refineries).
- The possibility of purchasing the goods and services of the platform participants The participants of the SRT blockchain platform, which may be, including but not limited to oil refineries, oil producing companies, petroleum products traders, logistics companies, filling stations, etc. can accept SRT Coin as payment for their goods and services.
- The possibility to use SRT-coin Tokens to support charity, research, and other socially useful projects. The participants of the SRT platform can support any charity, research and other socially useful projects by any means, not prohibited by law, including charitable donations of the SRT-coin Tokens to specialized funds.
- The possibility to become a member of the Club of Active Participants of the SRTcoin project and be rewarded for active participation in the project.
“Smart Refinery Technologies” Group, the developer of innovative technical solutions and equipment for the production of automobile fuels is creating the world’s first blockchain platform for the oil refining industry. Smart Refinery Technologies is an all-up business process support platform, from production to selling fuel to consumers: Eco-friendly EURO-5 class fuel production management based on manufacturing modules of SRT Group. Trading based on decentralized fuel exchange with smart contracts-based payments. Pay fuel with cryptocurrency — fuel cards with cryptocurrency wallets integration give an opportunity to pay fuel at petrol stations with cryptocurrency.
Join the conversation Social Media SRT:
- http://t.me/SmartRefinery
- http://www.facebook.com/SmartRefinery/
- http://twitter.com/SmartRefinery
- http://medium.com/@SmartRefinery
- https://bitcointalk.org/index.php?topic=4905473
- https://www.reddit.com/r/smartrefinery/
- https://github.com/smartrefinery/SRTToken
- https://www.youtube.com/channel/UCldqtZJ7Ra0iHVVMV72blgg
- https://en.bitcoinwiki.org/wiki/Smart_Refinery_Technologies_Group
Writer:
BTT name: danilhadiwinata123
BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2053003;sa=summary
