The DAO Lescoin team announces the start of preliminary ICO from September 15, 2017. The founders plan to raise $500.000 or more on blockchain development for the timber enterprise in the Russian Far East and issue the token secured by wood stock.
1 Lescoin costs $50 and entitles the owner for 1 cubic meter of wood OR the dividends from processing it and selling timber to Chinese wholesales. The timber price in China can reach $200 per cubic meter.
DAO Lescoin will trade wood and timber ONLY for crypto-currencies and, therefore, our token will be always supported by the buyers’ fiat money invested in LSC.
The investors purchasing LSC tokens during the pre-ICO will get up to 100% bonuses in the first week.
Wholesale buyers can purchase wood from DAO LSC under a separate smart contract. The contract fixes the agreement for wood supply in 6 months after the main ICO. The warehouse is located in the Russian Far East, near the railway station Dalnerechensk.
Should the main ICO do not reach the investment goal, both Lescoin holders and wood buyers will get a full refund.
PRODUCTION FEATURES
The supply of wood and timber from the Russian Far East to neighbouring China and Japan will ensure stable profits for investors, as demand from importers is constantly growing. Only in 2016, the export of Russian timber to China grew by 36%.
DAO Lescoin achieves high profitability by introducing modern technology. In forest plantating, we use transgenic (TG) seeds of coniferous trees from the world’s leading supplier - Monsanto Biocorp (USA). The seeds have unique parameters of growth and adaptability to environmental conditions giving us an advantage over competitors.
Today only our industrial partner Les-Invest Ltd. (est. 2007) implements this advanced technology in Russia. In our website, you can see the aerial shooting of the first TG-forest in Siberia, which the partner planted in near the town of Sosnovobors (Siberia, Russia).
Investments in the Russian timber industry is highly profitable, but foreign investors face many technical and legal obstacles. DAO LSC removes all entry barriers in the market. There is no capital limit - you can profit of wood and timber trade, investing any convenient amount.
Pre-ICO and ICO Details
Token: Lescoin (LSC)
The preliminary ICO: from September 18 to October 18, 2017
The main ICO: November-December 2017
Blockchain: Ethereum
Exchange: it is planned to release LSC to the crypto-exchange "Voskhod", which is certified by the Central Bank of Russia and contributes to the development of the Russian real sector. Alternatively, the token will be released to Polloniex or Bitfinex.
The pre-ICO aims to raise no less than $500.000 for blockchain development and marketing.
The main ICO aims to raise no less than $15 million for the launch of the timber enterprise.
WE OFFER TWO CRYPTO-ASSETS FOR WOOD TRADEASSETS: 1) LSC token
2) LSC-F (“futures” for Chinese users)
SMART-CONTRACTS: 1) the contract for the LSC token that entitles its holders to dividends OR wood supply;
2) the future sales contract for wood supply for the Chinese market.
PRE-ICO EMISSION: 200.000 LSC, among which 75% accounts for LSC and 25% for LSC-F
MAIN ICO EMISSION: 1.8 million LSC
PRICES.1 LSC costs $50, there is no minimum limit for investors (i.e. one can purchase the token shares). LSC-F offers 1 cubic meter wood for $35, the minimum limit for the contract is 140 cubic meters wood (=$4900).
BONUSES. Bonuses on LSC token reach
100% in the first week of pre-ICO and go down to 50% on the last week of pre-ICO. There are no bonuses on LSC-F contract.
See our White PAPER for more details:
WHITE PAPER
Topic: [ANN] [PRE-ICO] LESCOIN | THE FIRST CRYPTO - CURRENCY SECURED BY WOOD STOCK (Read 1122 times)