Never too tired: EMJAC tire recycling project chooses ExMarkets as IEO partner
Constant worries regarding climate change are forcing society to make a harder look at what human beings are doing to the Earth as a species. In the regions with higher levels of economic and social developments winds of sustainable living and environmental care are taking the lead.
Responsible thinking is also opening a niche for startups and enterprises. There are real business cases out there that can help us make our surroundings cleaner, safer and more pleasant.
Today, we are glad to announce that one such project is going to appear on ExMarkets for an Initial Exchange Offering and exchange listing afterward. Guys, meet EMJAC — the World’s 1st green energy DLT project. EMJAC is building a digital architecture to help the word to efficiently convert waste into renewable energy.
EMJAC’s digital platform will be based on latest blockchain technology to manage, account and eventually reduce illegal tire dumping through blockchain based traceability solution. The long-term result will generate clean energy, reduce tire waste and hazards associated with it.
EMJAC IEO will run for the full month of August starting on the 1st at 12 AM GMT and ending on the 31st.
“We want the world population to join EMJAC to recycle and empower Blockchain towards a sustainable future” — commented Mr. Meng Kwan CEO, founder and CEO of EMJAC.
Project supporters and ExMarkets users will be able to acquire EMJAC’s native tokens — EMJ in exchange for Bitcoin, Ethereum, Euros or USDC stable coin. Token price will start at $0.08 and will gradually increase approaching the end of the sale.
Naturally, it makes more economic sense to contribute early and buy at the lowest price possible. Should you still need an account at ExMarkets, visit https://exmarkets.com/register and sign up immediately — we promise it won’t take longer than 3 minutes of your time.
EMJAC project from up close
The common way how fuel is generated is through the combustion process of raw materials. A similar process is employed when manufacturing tires. The good news is that Meng Kwan and Chu Wong discovered a decentralized system that facilitates the impact of favorable dimensions for the recycling and energy waste industries.
According to the EMJAC team, the architecture of the platform will be fueled by EMJ token which will grant users access and rights to monitor the movement of the whole waste recycling process, buy, sell and exchange generated energy into EMJAC native tokens.
The process is delightfully called TRU — Advanced ContinuousThermal Recovery Unit. TRU is a sustainable disintegration procedure that actually recycles 100% of waste tires without spewing any of the harmful gases or emissions and helps to directly reduce the carbon footprint. TRU is the ultimate solution to the global redundant tire recycling problem.
It is constructed to achieve multiple objectives, all oriented towards increasing the efficiency of waste management and recycling sector, especially the used tire section.
How does it work?
TRU technology can be called the reverse engineering of tire waste. The anti-manufacturing removes sulfur from tires to recover raw material and transforms into its components: Euro 2 synthetic diesel, black carbon, steel wire, and synthetic gas.
Various sources calculate that there are over 2 billion tires that are categorized as waste per year and is projected to keep growing and reach 2.3 billion as early as 2023. What’s even more surprising is the fact, that there are capabilities to recycle only 30% of them. It suggests that there’s a true need in society to do so and validates EMJAC’s business case. Especially when they are achieving this in a completely green and sustainable manner.
What is also not the least bit less important is that EMJAC has been in close contact with the Malaysian Department of Environment and other agencies besides having established partners in other regions of the world, namely Asia, Europe, and the United States.
- Ticker: EMJ;
- Price: $0.08 in Round I | $0.11 in Round II | $0.18 in Round III;
- Bonus: No;
- KYC: Yes;
- Restricted countries: USA, AFGHANISTAN, BURUNDI, CANADA, MYANMAR, COTE D’IVOIRE, CUBA, DEMOCRATIC REPUBLIC OF CONGO, DEMOCRATIC PEOPLES’ REPUBLIC OF KOREA, NEW ZEALAND, ICELAND, IRAN, IRAQ, LIBERIA, LEBANON, LIBYA, RWANDA, SIERRA LEONE, SINGAPORE, SOMALIA, SUDAN, SYRIA, THAILAND, TANZANIA, UGANDA, ZAIRE, ZIMBABWE AND COUNTRIES OR TERRITORIES OR INDIVIDUALS UNDER THE SANCTIONS OF THE UNITED NATIONS OR SINGAPORE OR COUNTRIES WHERE CRYPTOCURRENCY IS PROHIBITED
- Token total supply: 500,000,000 EMJ;
- Available for sale: 350,000,000 EMJ;
- Softcap/Hardcap: $8,000,000 USD/ $35,000,000;
- Accepted currencies: BTC, ETH, EUR, USDC;
- Blockchain: Ethereum (ERC20).
“EMJAC just has a great case if you take the time to think about it. There are billions of tires out there just lying around that everyone wants to get rid of but can’t burn them without causing significant pollution. The statistics indicate that the amount is only going to increase in the foreseeable future. EMJAC’s TRU process does just that and decomposes waste into raw materials that can be monetized. It’s a benefit to all” — commented D. Sharkey, the head of sales at ExMarkets and CoinStruction.
Anyone with some common sense and a pinch of awareness for the environment shouldn’t find it hard to understand the position EMJAC is in. It looks like a premium deal and you should definitely get in on it!
We’re delighted that ExMarkets IEO LaunchPad will host the IEO sale. Take your chance to sign up now and get ready for the action!
See you when the IEO starts! Don’t miss it and stay tuned by joining ExMarkets Telegram channel!
ABOUT THE AUTHOR
ExMarkets is a digital asset exchange platform powered by the state-of-the-art trading engine developed in-house. On the exchange, ExMarkets users can trade the most popular cryptocurrencies as well as gain the chance to participate in the token sales of the most promising blockchain and crypto projects through ExMarkets Initial Exchange Offering (IEO) LaunchPad.
Fairly recently ExMarkets was granted 2 operational licenses for crypto-fiat gateway and custodian service provision by the Estonian regulator making it one of a few certified players in the market.
It takes only a few minutes to set up your account and users are allowed to make deposits in Bitcoin, Ethereum, other supported cryptocurrencies, tokens, and most importantly Euros.
To top it all off, ExMarkets is a part of the CoinStruction liquidity framework which is aggregating order-books from the most well-known cryptocurrency exchanges guaranteeing 24/7 crypto liquidity — a feature which can seldom be seen in the current market.
All IT solutions and technology of ExMarkets and CoinStruction’s services are developed in-house guaranteeing that all security threats and third-party associated risks are kept at minimum levels throughout all stages of product deployment.
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