BMC aims to revolutionize the commodities trade by creating a simple, secure, and efficient way for traders, speculators, and consumers to participate in the global trade of copper. The next generation token Cu Coin (MBX) practically combines aspects of physical and securities trading in one utility and makes the commodities trade more accessible for new markets and investors as well as time and cost efficient for all market actors. As the token is backed by 1 Kg of 99.99% copper stored in our facilities, speculators can use it to profit from price fluctuations, physical traders can use it to source their supply, and industries can easily hedge their raw material costs and outsource storage. Blockchain technology adds all the benefits that decentralization brings and more.
Cu Coin (MBX) represents an electronic warehouse receipt exchangeable for 1kg of 99.99% physical copper stored at a BMC warehouse. All necessary information is embedded in the code of the smart contract that runs the token. In addition the paper version of the receipt will be published on our website in the coming weeks. BMC is the first trading and warehousing company that enables its customers to hold and trade their warehouse receipts on the ethereum blockchain.
Cu Coin (MBX) is the best deal for Copper you will find online! In addition to our Fee Token bonus, a second ERC-20 token which will act as a MBX internal payment currency pegged at 1 USD (for online exchange and physical delivery fees), ITO purchaser’s of any size benefit of our industrial bulk discounts. These discounts are made possible through our supplier network and economies of scale. The price of Cu Coin (MBX) will depend on the stage discount and the locked in market price (determined by the LME) during the bulk order at the end of each stage.
Financial Instrument Traders • No counterparty risks and direct link to physical copper. • Transferrable between online exchanges and markets across the globe. • Lowest transaction and trading costs thanks to the blockchain. • Run on decentralized platform considered impossible to hack. • Copper sold significantly below market price to ITO purchasers.Physical Traders • No unnecessary storage or logistics until end consumer. • Blockchain authenticated certificates and BMC ensured quality eliminates the risk of fraud for buyers. • Smart contracts replace costly merchant banking as complex trades can be executed by programming simple applications on the blockchain that fulfill contractual obligations automatically and turn by turn. Long-Term Investors • Copper is a limited precious metal used in almost every industry. • Demand largely linked to use of electricity and electrical devices. • Surge in renewable energies and electric cars is likely to drive prices up. • Rewarding and relatively low risk investment opportunity.Crypto Traders and Enthusiasts • We accept common crypto currencies and turn them into copper that you store in your ERC-20 wallet. • Enjoy all the benefits of a less volatile token with fluctuations that depend on global economic factors.
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This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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