Behind every great project is a great man; in the case of Papusha Rocket Technology, the man who started it all is Anatoly I. Papusha, a distinguished scientist, widely known for his contribution to the Buran Space Program and his breakthrough technology that reduced CO emission from the rocket engine from 1000kg to only 1k per second. Now this invention would serve many purposes, and the main one has to do with the responsible processing of oil refinery residues and the production of liquid fuels.
Oil refineries exist to refine crude oil, converting them into something that would have better use. There’s absolutely nothing wrong with this idea, is there? The problem is, the processing would leave about 20% as residue. This means oil refineries generally have an 80% efficiency rate in processing crude oil. Not bad, really; 80 is pretty high, after all, isn’t it? But remember, we are not talking of just one barrel of residues a day; but millions. And these millions of residues are polluting the earth every single day. What’s being done currently in order to address this problem is to employ the thermal or chemical cracking technology. But that’s not really effective, either; plus, it’s very costly.
Dr. Papusha is developing the PRT unit, a rocket technology utilizing transonic combustion which will have the power to remove toxic residues. As opposed to the current technology, the PRT unit will be mobile, smaller, less costly, more efficient, reliable, and it will have a shorter payback time of only one year. It will have the ability to produce liquid products (about 60%) from raw materials, too.
This new technology would have far-reaching ecological implications. The good doctor, has already acquired patent rights for the transonic combustion technology, and is challenged now to share this invention with the rest of the world. Thus, the idea to move the technology over to the blockchain platform came to be, eventually giving birth to the revolutionary Papusha Rocket Technology, with the PRT token running the show.
The PRT token will function mainly as an investment tool and will be instrumental in the purchase of the PRT unit, which will have a sale price of USD 950k. 15% of this amount (USD 140k) will be kept in the “liquidity fund” for about three months. This will then be put in an exchange and redeemed for tokens to be burned. Remember, the current volume of residues will require around 70,000 PRT units. So if we are to be conservative about this and begin the implementation with 70 units alone (mind you, this number is only around .001% of the required number of units to convert refinery residues), the company will already have $10M to exchange for tokens! What if we have 700 units sold, or 7,000, or more? This strategy will ensure the sustainability of PRT’s capitalization, no matter what the status of the cryptocurrency market by then is.
The Papusha Rocket Technology has been tested and proven by noted personalities in the field of Science and Academics. The technology is not a fragment of the imagination, but a real, occurring one, with patents already duly approved. There is nothing like this in the world yet. Chances are really high that oil refineries will want to purchase PRT units because it is the most responsible thing they can do to help save the environment.
Price: 1 ETH = 3,500 PRT
Hard cap: 13,500 ETH
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