XMaterials STO | Coinspeaker
About

A combination of patent-pending technology, AI- generated recipes and machine-learning robots have given birth to the next generation of building materials. XMaterials aim to disrupt the construction industry, introducing revolutionary replacements for traditional building materials (concrete, granite, marble, and ceramics combine to a US$600 billion industry).

XMaterials features a unique line of products, although a franchise model will be put in place to share the patent- pending AI-generated recipes, strategy, and technology to interested parties who desire to handle production themselves. A 25% discount on the initial franchise license fee will be granted to those franchisees who pay for the franchise license using Tokens.

It is our intention that certain distributions will be made to the Token holders by XMaterials Holdings twice a year and will be allocated to each Token holder according to the number of Tokens then held by such holder as against the total number of Tokens in circulation. It is anticipated that such distributions will, in the aggregate, equate to at least 15% of the net distributable profits generated and received by XMaterials Holdings (and being lawfully available for distribution) in the 6-month period immediately prior to such distribution.

The Distributions will be made by XMaterials Holdings via an airdrop of Ether (ETH), being the native currency of the Ethereum platform, to the wallet addresses of the Token holders which have been provided to XMaterials by such Token holders. No Distributions (or part thereof) will be paid or payable to nay Token holder which has not yet completed the Company’s and XMaterials Holdings’ AML and KYC policies and procedures to their satisfaction. The Distributions will be calculated by XMaterials Holdings in its sole and absolute discretion.

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STO’S Details

  • GENERAL INFORMATION
  • Pre-STO Opening Date:

    To be announced (UTC)

  • Pre-STO Closing Date:

    To be announced (UTC)

  • STO Opening Date:

    Tue, Sep 25th, 2018 12:00 AM (UTC)

  • STO Closing Date:

    Sun, Dec 23rd, 2018 12:00 AM (UTC)

  • Country of Origin:

    Cayman Islands

  • TOKEN DETAILS
  • Symbol:

    XMAT

  • Blockchain Type:

    Ethereum

  • Token Type:

    ERC20

  • Finance Information
  • Accepted Currencies:

    ETH

  • Initial Token Price:

    1 XMAT = 0.105 USD

  • Soft Cap:

    1 610 000USD

  • Min. investment:

    0.1 ETH

  • legal INFORMATION
  • Country of Incorporation:

    Cayman Islands

  • Company Address:

    PO Box 2510 Grand Cayman KY1-1104, Cayman Islands

  • Whitelist:

    Yes

  • Know Your Customer (KYC):

    Required

  • Anti-Money Laundering (AML):

    Required

  • Restricted Areas:

    USA

Advisors

  • Roger Crook

    Roger Crook

    Advisor

Team

  • Svetlin Savov

    Svetlin Savov

    CEO

  • Mihail Kamburov

    Mihail Kamburov

    Communications Advisor

  • Horst Siewert

    Horst Siewert

    Chief Production Technology Officer

  • Todor Totev

    Todor Totev

    Chief Business Development Officer

  • Georgi Ivanov

    Georgi Ivanov

    Chief Lab Officer

  • Ivan Todorov

    Ivan Todorov

    CTO

Initial Offering News