What is the 77G Coin and how does it work?

GraphenTech 77G
Sep 5, 2018 · 3 min read

Blockchain technologies have allowed for tremendous innovations, one of these innovations is cryptocurrency. All around the world digital assets are changing the way transactions occur and how value is understood. Our team at GraphenTech is joining this revolution with a cryptocurrency of our own, the 77G Token.

77G — an ERC 20 token

The 77G token is an ERC-20, compliant token. ERC stands for Ethereum Request for Comment and is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. These tokens are blockchain assets that can have value and can be sent and received, like Bitcoin, Litecoin, Ethereum, or any other cryptocurrency, like 77G.

77G — A Security Token

The 77G token constitutes a digital asset, one where the main use case, and a reason for investors to buy the tokens, is the token’s possible appreciation in value. The security token holders will receive shares of the company. We will ensure price stability by encouraging token holders to keep their tokens temporarily; this will be done through the distribution of newsletters that report the results and progress of the company. GraphenTech will create a holding company that will be listed on the European secondary market MAB; through this listing, our token will be strengthened and leveraged at several levels.

The delivery of shares will be done based on KYC, and the number of shares to be delivered is calculated from the number of tokens purchased during the ICO. Our legal experts are in the process of structuring compliance for the US and other countries, and our whitepaper will be updated as we move forward in this process.

77G — Future Usability

At a later stage, a 77G token holder will be able to buy our range of graphene products at a competitive price. A percentage of our graphene production will be reserved exclusively for 77G currency holders. With partnership agreements between key actors in various tech-sectors, at a later stage, it will be possible to use 77G to buy a wide range of high-tech graphene-based products like superchargers, batteries, electric vehicles as well as services like insurance and finance.

77G Value Perspective

The supply of 77G tokens is limited, and as the graphene market is expected to increase from $100 million (2015) to $2.1 billion by 2025, we envision a significant growth in its value. Taking into consideration that the average price per gram of graphene is currently $59, we expect the price will decrease with increased public acceptance of graphene and more industrial competitors. Concurrently, the value of 77G will increase due to our performance and graphene’s diverse usability, for these reasons, we expect the purchasing power of the 77G token could multiply.

How to participate and receive 77G tokens

Steps to receive the 77G tokens:

  • Register and sign-up on our website
  • Provide the information for the KYC and wait for approval
  • Follow the instruction sent by email
  • Send ETH, BTC, LTC, BCH, EUR or USD to the addresses provided
  • Your balance will be displayed on the dashboard
  • 77G tokens (and shares) will be sent to your ERC20 wallet at the end of the ICO

When connecting to the platform to purchase tokens, a proof of identity will be required such as a photo ID from a government-issued document and basic contact information. We guarantee that this data will be stored, encrypted, protected by the company, and will not be used for commercial purposes unless requested by a tax authority. For the private sale, and until we get approval from the SEC, US citizens are not allowed to participate. We are currently working on regulations to allow US citizens to participate in the ICO.

At this stage, the market remains nascent. However, we want to establish GraphenTech as a key player in the upcoming revolution. We expect 77G to be the main currency used to trade graphene material and related products. The 77G is much more than a cryptocurrency in the graphene space; it’s a chance to place the economic promise of the graphene revolution in the hands of investors. For future news and updates about 77G, visit our website at GraphenTech.io and join our Telegram channel.

GraphenTech 77G
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