XMaterials (XMAT), an initial coin offering dealing with building and construction materials made an announcement about the start of the Presale on September 25, 2018. The price of every XMAT token is going to be $0.105 free of bonuses. The presale starting bonus will constitute 25%.
XMaterials have brought about the disruption of the $600 billion building materials industry with artificial intelligence and machine learning technology to be soon patented.
The team has created algorithms that by means of combination and optimization of raw material combinations on the molecular level led to the creation of new materials with the following features: they are strong, affordable, set faster, more durable and environmentally friendly.
For example, concrete is produced according to the outdated technology and old recipes but it is a $300 billion per annum industry. Ceramics cost more than $200 billion per annum but the recipes used are much older. Let alone marble and granite that can be excavated only with the help of expensive machines.
The main problem of the modern building industry is a failure to develop in the intelligent way, be affordable and eco-friendly as well as inability to keep up with the technological advance. That has become the main reason for founding XMaterials.
How to build cities green
Some people may not know how detrimental production of concrete is because of the heavy carbon footprint it leaves. XMaterials are capable of creating a green replacement similar to concrete, so this innovative product can change our representation of building completely.
It is also possible to create XMaterials out of waste and improve recycling and decrease waste on the planet. The main reason to use XMaterials is their strength and durability in comparison with traditional construction materials.
With the staff of only 5 talented engineers, XMaterials can complete tasks that used to be performed by 31 worker.
Within only one year of existence XMaterials is going to generate up to $2 million in revenue. However, XMaterials are such great demand that it is too much for a single business.
To be able to fill in the supply and demand gap for modern construction materials, XMaterials made a decision of their technology decentralisation and offer other companies to sell this innovative materials on the basis of franchising.
It will also help XMaterials to enhance the recipes and processes each time on the basis of analysis and data provided by franchasizes.
In addition, the owners of XMAT token will have a capability to get a 25% discount for a purchase of the technology stack and franchise rights and get 15% of all XMaterials profits received from franchises. You can get more information about XMaterials ICO on September 25th on the website.