Papusha ICO Report – Rocket and Space Technology Producer
Standard ICO Report Structure:
- Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
- Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
- Part 3: Useful Links (Further Research)
Part 1: ICO Analysis
The industrial world has swept the globe by storm with even remote areas of the world utilizing hydrocarbon fuels at unprecedented levels. At a similar growth rate, rocket technology has propelled our civilization to the moon and beyond
The Papusha team plans to capitalize upon the exciting technology with the world’s first rocket technology initial coin offering.
The team will launch the world’s first blockchain based rocket fuel company to be developed with fuel from oil residues offered from refineries. The team will be led by an Academic from the Russian Academy of Natural Sciences Mr. Anatoly Papusha.
He has helped develop a working MVP of the service, called PRT-1, which already holds patents, is world recognized, and already functioning. Let’s take a closer look at how Papusha will develop a solution to the problem of residuals left after oil refining.
The Papusha Solution –
The industrial world continues to produce an increasingly high amount of residuals, waste, and by-products.
To help combat this negative trend, the Papusha team plans to develop a solution to transform industrial grade residuals into usable fuel, a process which will generate increased revenues for oil processing firms.
The process will put tar into torches of transonic combustion, at which rate the oil will be converted into a synth-gas using speeds of 1,000 meters per second and temperatures of over 2,000 degrees Celsius.
With this, the team has already developed a minimum viable product called PRT-1. These units can help increase the oil industry’s efficiency.
Overall, the compact PRT units can process up 60% of the total mass into usable liquid fuel. This will be the first of many solutions which are engineered by the Papusha team.
The Future of Papusha –
The Papusha team plans to repurpose oil residues to be used as fuel instead of their former nature to pollute the world while destroying fauna and flora. To do so, the team will launch the PRT initial coin offering.
This will go to funding the small-capacity oil refining units to produce liquid fuel from refinery residuals. It is estimated that everyday refineries around the world generate 1.35 million tons of residues.
With this huge amount in mind, the capacity of a single PRT-2 unit can process 30 to 90 tons of waste.
Thus, the world requires nearly a twelve thousand machines to process residues produced each and every day. Further problems exist within the oil industry as well which the team believes they can help solve.
There are many storage units and lakes with the useless black mass inside which could lead to an ecological disaster for the next century.
A Team Built for Success –
The team leader Mr. Anatoly Papusha has over fifty years of experience inside the rocket industry. Anatoly’s experience speaks for itself with a Doctor in technical sciences as well as a acting as former Director of the Department of Ecology of the International Fund of Slavic Culture and Writing.
He was one of the brightest representatives of the legendary USSR national school of the rocket and space industry. He also practiced as a former student of the brilliant engine developer for spacecraft named V.P. Glushko.
Mr. Papusha helped develop a unique complex for the dangerous task of testing rocket engines which could burn through 10 tons of fuel in a matter of only 10 seconds.
The complex allowed for a unique opportunity for Mr. Papusha in which he learned invaluable lessons about rocket technology.
The team also includes Igor Papusha, an engineer, an ecologist with a chemical-technical degree from the University of Mendeleyev. Finally, the team has prepared for the success of their product with a series of patents for invention.
Part 2: Crowdsale Analysis – Details & Token Supply
Total token supply: 100,000,000 Tokens
Token type: Ethereum Token
Token Distribution: The Papusha team dedicates 75% of the total tokens minted to be offered for sale in its crowd sale, 18% goes to the team, 5% will be given to the advisors, and 2% for its bounty campaign.
ICO Sale Phase: Private Sale
Token Price: 1 ETH = 3500 PRT
Crowdfunding Usage: The team has not issued a definite use of crowdfunds.
Team Overview- Members and Advisers
The Papusha platform team is led by Anatoly Papusha, Igor Papusha, Vladimir Davydenko, and Valery Petrosyan. Furthermore, the team is advised by Yuri Grigoryev and Mikhail Lemeshev.
Part 3: Useful Links (Further Research)
- Website: https://papusha.io/
- Facebook: https://www.facebook.com/Papusha-Rocket-Technology-241396259943698/
- Twitter: @Papushatech