INTRODUCTION
Greetings to you my crypto enthusiasts. Today I have something new for you. A project with a good idea. With a unique ecosystem and excellent technical solutions. A project that shows how much today, cryptocurrency is developing. And how it seeks to take its place in the economy. This project is called EMJAC. This is the first part of a review of this wonderful project called EMJAC. Therefore, here we will consider the main idea of this project. All technical issues presented in the documents of this project will be covered in other articles.
What exactly is EMJAC?
As depicted above and as indicated on the official website of EMJAC, EMJAC strives tо bе аt thе forefront оf thе Green Waste Energy recycling industry worldwide bу integrating the green technology wіth thе latest blockchain.
According to the EMJAC team, the architecture of the platform will be fueled by EMJ token which will grant users access and rights to monitor the movement of the whole waste recycling process, buy, sell and exchange generated energy into EMJAC native tokens.
The process is delightfully called TRU — Advanced ContinuousThermal Recovery Unit. TRU is a sustainable disintegration procedure that recycles 100% of waste tires without spewing any of the harmful gases or emissions and helps to directly reduce the carbon footprint. TRU is the ultimate solution to the global redundant tire recycling problem.
It is constructed to achieve multiple objectives, all oriented towards increasing the efficiency of waste management and recycling sector, especially the used tire section.
Brief History Of EMJAC
Every year, two Billion waste tyres where being generated worldwide. Less than 30% is being recycled and the balance is usually sent to landfills or illegally dumped. Poor management of waste tyres poses a significant threat to the environment. EMJAC has created a solution which integrates both blockchain and green technology to manage and recycle waste tyres efficiently and provides a global marketing platform for renewable energy products.
The Vision Of EMJAC
EMJAC aims to be the leader in the "Waste to Green Energy" industry to recycle waste tyres globally by deploying green technology with the latest blockchain technology.
The vision is to recover the trapped energy in waste tyres and reduce the carbon footprint in our environment and channel the renewable energy back into our ecosystem to benefit communities around the world via a trustworthy market platform.
The Mission Of EMJAC
EMJAC: Driving Environmental amendment through Waste to Energy Initiatives via:
Leverage the most recent Blockchain technology to unravel the worldwide waste tyre stockpile
Reduce illegal waste tyre dumping by creating value for waste tyres
Streamline and trace the movement of waste tyres from source to a recycling plant
Increase the percentage of global waste tyres recycled in an environmentally friendly manner
Grant a semipermanent worldwide property and renewable energy offer
Providing a solution and trading platform for waste tyre supplies, logistics and products
EMJAC Tokenisation Rationale
EMJAC: Driving Environmental Change through Waste to Energy Initiatives via:
EMJAC token strives towards creating a complete recovery cycle for P2P and B2B to promote higher penetration of recycling and knowledge sharing that the waste tyres are being managed and recycled in an environment-friendly manner. Through TRU and blockchain technology, our token holders will be able to understand, track and trace the movements of waste tyres to the thermal recovery plants around the world and the subsequent recycled products.
EMJAC's market place will allow token holders to trade on the supply and demand of waste tyres in each country, shipping quotes and buying and selling the recycled products of synthetic diesel, refined black and steel wires on a global marketplace. Such a trading opportunity exists due to the different prices of such commodities especially diesel which is an integrated energy requirement in every country.
EMJAC's blockchain system is meant to complete the exercise circle wherever producers of waste tyres (P2P, B2B, P2B, B2P) will have the ability to create long term value for waste tyres while supporting the noble aim to protect our Mother Earth and reduce the adverse impact of the 2 billion waste tyres generated globally every year.
How Does EMJAC Works?
TRU technology is often referred to as the reverse engineering of tire waste. The anti-manufacturing removes sulfur from tires to recover raw material and transforms into its components: Euro 2 synthetic diesel, black carbon, steel wire, and synthetic gas.
Various sources calculate that there are over 2 billion tires that are categorized as waste per year and is projected to keep growing and reach 2.3 billion as early as 2023. What’s even more surprising is the fact, that there are capabilities to recycle only 30% of them. It suggests that there’s a true need in society to do so and validates EMJAC’s business case. Especially when they are achieving this in a completely green and sustainable manner.
What is also not the least bit less important is that EMJAC has been in close contact with the Malaysian Department of Environment and other agencies besides having established partners in other regions of the world, namely Asia, Europe, and the United States.
ICO Detailed Information of EMJAC
Ticker: EMJ
Platform: BTC, ETH, EUR, USDC
Token Type: ERC20
Available for sale: 350,000,000 EMJ
Financial
ICO Price: 1 EMJ = 0.08 USD
Accepting: ETH
Soft cap: 8,000,000 USD
Hard cap: 35,000,000 USD
Token Sale Details
The sale is seperated in 3 bonus rounds:
ROUND 1: $0.08 (August 1st — August 10th)
ROUND 2: $0.11 (August 11th — August 20th)
ROUND 3: $0.18 (August 21st — August 31st)
MILESTONE OF THE PROJECT
MEET THE TEAM MEMBERS
M.K Kwan
Founder
Chu Wong
Co-Founder
Wan Afif
Project Advisor
William Koo
Marketing & Branding Advisor
Eugene Tan
Green Project Procurement Manager
Dr. Ridzuan Said, PhD.
ECSB TRU Consultant
Adnan Ahmed Siddiqui
CTO & Blockchain Advisor
Javeria Naveed
Marketing Manager
Ankit Kumar
Blockchain Developer
Gopinath Sheregar
Tech Partner, IoTracX CXO
Daryl Naidoo
Advisor
For more information, please visit:
Website: https://www.emjac.io/
Whitepaper: https://emjac.io/assets/emjac_wp.pdf
LinkedIn: https://www.linkedin.com/company/emjac/
Facebook: https://www.facebook.com/EMJToken/
Twitter: https://twitter.com/emjac_emj
Telegram: https://t.me/emjac_emjtoken
AUTHOR: walesodiya
BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=2160355
Wallet Address: 0xBBBD8B2448a81cfD4139D7CC61752cF517b627Bb