Tecra is the name of a Polish project that had elaborated a blockchain platform aimed at raising capital for the purpose of commercializing the cutting-edge technological products with the special emphasis being put on graphene.
Naturally, any such project must have a native token which must serve as a primary mean for attracting and distributing funds. Tecra introduces TecraCoin (TRC), a minable token that operates on the Proof-of-Work algorithm and possesses such features as zerocion and masternodes.
The core of Tecra’s pool of participants will consist of three groups, namely the scientists, the investors, and the global blockchain community. All these groups face specific problems that the Tecra team promises to address.
For instance, even the most prominent scientists find it difficult to attract funds and obtain patents on their inventions. Not to mention the bureaucratic hurdles which they have to endure in order to bring the findings into the limelight.
As for the investors, they too have to face different legislative obstacles as well as uncertainties with regard to the novel technologies. The crypto community, on its part, doesn’t have access to the real world economy and often uses the cryptocurrencies which are backed by nothing more than vague promises.
The project offers a commercialization platform, the transparency and integrity of which are guaranteed by the use of Tecra blockchain and TecraCoin. All operations on the platform are supervised by Tecra’s own legal team to ensure their congruence with the law. Tecra will procure the obtainment of adequate funding by the scientists to produce tech products applicable in the real world; the investors will be given the first-hand access to the prospective high-end innovations; the members of the blockchain community will be granted an opportunity to mine one of the few POW-based cryptocurrencies backed by real assets, for instance, graphene. All of these activities will be centered around TecraCoin, which should execute the function of an investment and a reward instrument.
Graphene is an allotrope of carbon that is said to possess properties which are vastly superior to any known material. For example, graphene is 100-fold more durable than steel and has great electrical and heat conductivity. Top it all off, graphene is nearly transparent making it suitable even for the production of contact lenses.
Tecra partnered with the Institute of Low Temperature and Structure Research, located in Wroclaw, Poland, to acquire the patent for producing graphene-based commodities, such as filters, tires, greases, etc. The company, through the efforts of the Tecra Science team, has already created a working prototype - the high power lighting and white light devices that utilize the graphene foam.
Basically, there are two use patterns for TecraCoin. The first one stipulates the purchase of TRC for investment needs. In that case, the price of one token is established at $2. The second one is designed for boosting the ownership stake by running the masternodes, which translates into a lower token price - $1.75 a piece with 10 thousand tokens being the minimum investment threshold. There are no mentioned restrictions with regard to participation in the token sale. The ICO will last until July 31.
|Start||January 17, 2019|
|End||July 31, 2019|
|Soft cap||$5 000 000|
|Hard cap||$20 000 000|
|Minimum investment||2 USD|
|Tokens for sale||21000000|
|Accepting||BTC, ETH, Fiat|
Despite the fact that TecraCoin declares all the right intentions about the necessity to invest in science, it is my firm conviction that this project is going to fail eventually, simply because they don’t have a sound plan with regard to the market acquisition and promotion of graphene. It looks all good on paper, but in the real world, no one is interested in graphene, or at least not prepared to acknowledge its obvious benefits. And I don’t really see how TecraCoin plans to convey the message about the importance of their efforts and innovation to the general public. That is a major turn off for me, tough TecraCoin could have been a great project for investment.
After a brief sting at the British Government Office for Science, where I worked as a senior advisor, I can assure that the situation in our scientific field is as close to being dire as it gets. All these social benefits led to significant cuts in spending on science and research which consequently forced many labs, and prominent scientists for that matter, to virtually scrap for pennies. I don't consider myself as a specialist in blockchain, in fact, I have a rather poor understanding of the technology and its application, but I do understand and fully support the concept introduced by TecraCoin. The scientists need the support of private investors because they have no hope left for government assistance.
It is my strong belief that Tecracoin is an amazing project. Finally, someone understands the importance of investments in science. It baffles me, how the entertainment industry and sports are capable of attracting billions of dollars while the best minds on our planets are oftentimes working for peanuts, not able to find a mere million for research that has a potential to change our lives. I am convinced that scientists should be supported by all means possible, so it wouldn’t be hard to guess that I am in full support of Tecracoin.
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