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Beef Coin ICO Details

BeefCoin project presents already existing profitable business model in green economy and includes integrated structure for production of organic beef from farm to table.
First level of our business model is organic meat farm with extended processing to finished products, and second level of our business model is the ownership of a restaurant network in Moscow including a butcher shop.
After the imposition of economic sanctions against Russia in 2014, Russian agriculture is experiencing a new renaissance with the growth of domestic producers.
Melbard LLC is Moscow-based privately owned company named after its founder – Nikolay Melbard, a known Russian entrepreneur and owner of an agricultural farm in the Penza region of Russia.
Restaurant business in Moscow is experiencing great growth, especially those with natural organic food.
Token Sale is intended to raise funds for opening six new restaurants in Moscow under the brand “Meat Desire” – plus expansion of our agricultural farm in the Penza region. Included in expansion will be a brewery, cheese factory, delicatessen shop and an increase of dairy products.
Our goal is to diversify assortment of organic products offered in our “Meat Desire” restaurants. This will be done by expansion of our agricultural farm.
Issued tokens are backed by assets of a profitable business model (our farm and restaurants) with total value over $4,500,000.

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ICO Structure Details

During first month of the Token Sale Period bonus BeefGold tokens will be credited to the account for the purchase of BeefCoin tokens at the rate depending on the time of the purchase, as follows:
Week 1 = 100%, Week 2 = 75%, Week 3 = 50%, Week 4 = 25%.

After the end of the Token Sale Period, all remaining undistributed bonus BeefGold tokens will be destroyed.

Bonus BeefGold tokens give the right to get 20% share of net profit of “Meat Desire” restaurants based on the results of the fiscal year.

This 20% share of net profit will be distributed proportionally between all holders of BeefGold tokens according to the total number of issued BeefGold tokens.

This profit will be paid in form of crediting BeefCoin tokens from remaining reserve to the accounts of all holders of BeefGold tokens at rate of nominal value of token: 1 BEEF per 1 USD of distributable profit.

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