EMJAC - Empowering DLT towards a Sustainable Future
PREAMBLE
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, EMJAC strives tо bе аt thе forefront оf thе Green Waste Energy recycling industry worldwide bу integrating the green technology wіth thе latest blockchain.
"Blockchain and Cryptocurrencies have paved the way for this generation’s industrial revolution, and we must give it the best opportunity to survive if we’re to pass on the baton to the millennial generation for it to thrive.
We have but one planet to live on. And while we absolutely should thrive and innovate, we must also take care of the environment for ourselves and future generations. Cryptocurrency, backed by the blockchain, is one of the biggest innovations in our history, and it is just getting started. The growth of digital currency has blindsided the world, and the power used in the crypto mining ecosystem is currently produced by non-renewable sources that pollute our air and water. This is a problem that is only getting worse, and it is only one example of the increasing energy demands of our population.
Creating a self-sustaining project in the crypto and blockchain space is the first step to encouraging further innovation and disruption in the renewables sector. To take it one step further, what if those projects invested a portion of their profits to research and development of green energy and renewable initiatives such as higher efficiency green energy sources, new renewable technologies and new forms of recyclables?"
While this revolution is gaining wide acceptance, 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.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
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 actually 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
Every year, 2 Billion waste tyres are 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 serious threat to our environment. EMJAC has created a solution which integrates both blockchain and green technology to manage and recycle the waste tyres efficiently and provides a global marketing platform for the renewable energy products.
The Vision
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 trusted market platform.
The Mission
EMJAC: Driving Environmental Change through Waste to Energy Initiatives via:
Leverage the latest Blockchain technology to solve the global 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 recycling plant
Increase the percentage of global waste tyres recycled in an environmental friendly manner
Grant a long-term worldwide sustainable and renewable energy supply
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 in order 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 integral energy requirement in every country.
EMJAC's blockchain ecosystem is designed to complete the recycling circle where 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 It Works?
TRU technology can be called 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 Details
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
RESTRICTED COUNTRIES
USA, People's Republic Of Afghanistan, Burundi, Canada, Myanmar, Cote D’ivoire, Cuba, Democratic Republic Of Congo, Democratic Peoples’ Republic Of Korea, New Zealand, Iceland, Iran, Iraq, Liberia, Lebanon, Libya, Rwanda, Sierra Leone, Singapore, Somalia, Sudan, Syria, Thailand, Tanzania, Uganda, Zaire, Zimbabwe And Countries Or Territories Or Individuals Under The Sanctions Of The United Nations Or Singapore Or Countries Where Cryptocurrency Is Prohibited
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)
“EMJAC just has a great case if you take the time to think about it. There are billions of tires out there just lying around that everyone wants to get rid of but can’t burn them without causing significant pollution. The statistics indicate that the amount is only going to increase in the foreseeable future. EMJAC’s TRU process does just that and decomposes waste into raw materials that can be monetized. It’s a benefit to all” — commented D. Sharkey, the head of sales at ExMarkets and CoinStruction.
ROADMAP
2016 Q1
ConceptConcept GenerationTeam Assemble
2016 Q2
ResearchProving the concept can workStrategic PlanWhite paper completion
2016 Q3
DesignLands for refinery sealed10 Engineers join EMJAC
2017 Q2
PartnershipOur Technology partner ECSB awarded Pioneer Status with 5 years Tax Exempt from Malaysia Investment Development Authority (MIDA)
2017 Q3
ProjectTRU PROJECT secured for waste tyre recycles
2017 Q4
PartnershipsStrategic Partnership & MOUsSuccessful "TRU" R&D with 4 components extracted
2018 Q2
Pre-MarketingPre-marketing with strategic partners
2018 Q3
Official ApprovalsDOE and Government agencies approvals
2018 Q4
Legal WorkFinal Legal Consultation
2019 Q2
Pre-MarketingStrategic Partnerships and MoUs
2019 Q3
IEO LaunchPartner ExchangesListing on Exchanges
2019 Q4
Beta MVP LaunchMVP Launch with traceability functionality
2020 Q1
MVP with Testnet LaunchEMJAC Marketplace Beta Launch
2020 Q2
MainNet Beta LaunchIntergation with EMJAC Mobile App
MEET THE AMAZING TEAM
M.K Kwan
Founder
Chu Wong
Co-Founder
Wan Afif
Green 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
Shyamsundar Purkayastha
Tech Partner, IoTracX CTO
Daryl Naidoo
Advisor
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.