What is Cuprum Coin
HISTORY OF BITCOIN
The Cuprum Coin project aims to deliver value by combining Blockchain technology built on the ecological Tezos platform with a valuable and highly demanded 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 prepared just 0.5%, or 1.5 million CUPRUM coins at the promotional price of US $ 10 per coin. The pre-sale is ongoing through the Cuprum Coin trading platform, with Bitcoin (BTC) or Ethereum (ETH) as call options.
The expected duration of the pre-sale is two months. It will be followed by an Initial Exchange Offering (IEO) starting on December 1 with the default price of US $ 15 per coin, and will then be traded on exchanges starting on January 1, 2022 or immediately after the end of the IEO. Cuprum Coin should start trading on exchanges at a value of not less than US $ 25 per coin. Since a Cuprum coin is covered with 100 US dollars in product value, pre-sales, as well as the IEO, are an excellent opportunity to invest in the initial phase.
“We are fully aware of the curiosity and interest that this unique market creation has increased within the crypto community. That is why we decided to change the initial launch and present more transparent and faster coin exploration time plans,” he stated Mario Urlić, CEO and Founder of Cuprum Coin, today.
Therefore, the administration presented an enhanced fund distribution plan that now includes strategic investments in environmental protection, sustainable energy, aerospace programs, medical technology, and donations to charities. The founder and his partners have decided to separate up to 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 can request supporting documentation and visit facilities under special arrangements.
CUPRUM COIN LAUNCH DETAILS
A key aspect is that the expected duration of the pre-sale is 2 months. An Initial Exchange Offer (IEO) will then be launched from December 1 with the default price of US $ 15 per coin. And, starting on January 1, 2022 or immediately after the completion of the IEO, it will be traded on crypto exchanges.
In this way, Cuprum Coin should start trading on exchanges at a value of not less than US $ 25 per coin. Since it is backed by USD 100 in product value; pre-sales, as well as the IEO, are an excellent opportunity to invest in the initial phase.
“We are fully aware of the curiosity and interest this unique market creation has sparked within the crypto community. That is why we decided to change the initial launch and present more transparent and faster coin exploration plans… ”stated Mario Urlić, CEO and Founder of Cuprum Coin, last week.
Therefore, they presented an improved fund distribution plan. This includes strategic investments in environmental protection, sustainable energy, aerospace programs, medical technology, and donations to charities. In fact, the founder and his partners have decided to separate up to 12.5%of total sales in these sectors.
The company stores and secures the underlying assets in high security facilities in Germany. In fact, they ensure that potential investors can request the supporting documentation and visit the facilities under special agreements.
The information in this content should be taken for informational purposes only, not intending under any point of view to urge the purchase / sale of financial instruments.
HOW BITCOIN WORKS
How does it work
Bitcoin is a virtual means of payment, that is, it does not count as physical currency nor is it printed as a banknote from a central bank. These types of currencies are generated through complex computational calculation processes, known as blockchain (chain of blocks).
Basically, each Bitcoin is a virtual file that is stored in a digital wallet, either in software or hardware (cell phone, computer or dedicated pen drives).
Addresses
A Bitcoin address is a form of unique identification for each user that is used to make exchanges (either send or receive) cryptocurrencies quickly and easily.
In the world of cryptocurrencies, the address works in the same way as in the traditional financial system, whether it is to send or receive money transfers. Which is to say, it works like a kind of bank account.
Transactions
An exchange with Bitcoin is simply a transfer of value between two wallets, which is registered in the blockchain (chain of blocks).
To send money from one wallet to another, the emissary must sign the transaction with his private key to prove that he is the owner of the funds.
How is it Obtained?
If we think of gold mining, this consists of removing land with heavy machinery in order to get enough gold to pay the costs of the exploitation and obtain a profit. The same happens in Bitcoin mining, with the difference that the machinery is complex computer equipment that performs computational calculations.
Privacy
Each transaction is registered in a public “book” called blockchain, this allows to investigate the history of a Bitcoin in order to avoid theft, false copies or undo transactions.
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