Sandcoin - The world's first electronic option for high-quality sand
We are proud to introduce the first ever sand quarry project funded
through raising cryptocurrency via creating a blockchain option for
mining non-metallic materials. SAND COIN is a blockchain derivative
based on a real product.
The goal of the project is to raise funds via a blockchain system and an
ICO to develop a sand quarry in the Moscow Region. Through creating a
real product based blockchain option for a low price and issuing SAND
COIN, which includes entering the cryptocurrency market and
subsequent buy back, we offer a profitable asset to interested investors.
We own a 109 hectare (269,354 acres) plot of land in the Moscow Region.
The land is situated 60 km away from Moscow and 10 km away from the
construction site of Central Ring Road junction.
The fortunate transport accessibility and direct proximity to the
construction of road infrastructure makes our land an attractive area for
future development into a mortar sand quarry.
This land is valued at $1.8 million as a real estate property, without the
value of prospective sand mining.
We have the license from the Russian Federal Subsoil Resources
Management Agency to prospect subsoil for sand on our land.
Based on the survey made with 16 drill holes on the grid of 300x300
meters and 5 boreholes on the grid of 300x300 meters, we can evaluate
the sand resource of the R1 category, and in the near future confirm the
presence of the sand resource of the S2 category. We have conducted
appraisal drilling with core extraction and testing samples extraction.
The drilling was conducted up to 16 meters in depth, and yielded the
Topsoil 0,15 meters (stripping 15 centimeters)
Sand, medium and coarse to the depth of up to 16 meters
Water cut from the depth of 4 meters
It’s worth noting that mining would not be conducted on the total area of
the land plot, but only in the borders of the mining claim so as to comply
with the legal regulations. In this case the total area of the sand quarry
development will be 90 hectares (222,39 acres).
The water cut facilitates sand mining via hydromechanical extraction.
The total volume of sand is estimated to be 14.4 million cubic meters.
Extracted and ready for sale product will consist of grade 1 and grade 2
Very fine sand - fineness modulus of 1.0 - 1.5
Fine sand - fineness modulus - 1.5 - 2.0
Medium sand - fineness modulus - 2.0 - 2.5
Coarse sand - fineness modulus - 2.5 - 3.0
To supply the mining process we plan to provide 150 kW of electricity. It
is also worth noting than the necessary infrastructure will include not
only providing power grids, but the construction of outbuildings:
A building for the sales department, accounting and the administrative
supply department - 300 square meters.
Housing for the mining staff to provide uninterrupted extraction of nonmetallic
materials - 250 square meters
To provide transport infrastructure we plan to build a 500 meters long
and 8 meters wide asphalt surface entrance complex, which would allow
year-round sand mining operation.
Project implementation plan
Our project is an opportunity to invest into SAND COIN blockchain option
implemented through a blockchain platform and based on a real product
- cubic meters of mortar sand.
The total volume of sand is estimated to be 14.4 million cubic meters.
The average market price of 1 cubic meter of sand is $5.30.
Estimated total earnings of the quarry - 14 400 000 m3 * $5.30 = $76 320
The volume of sand sold during pre-ICO and ICO - 3.4 million m3 = 3 400
000 SAND COIN. The price offered to investors during crowdsale $0.95 -
$1.35 = 1 m3 ($0.95 - $1.35 = 1 SAND COIN).
Fundamental stages of the project:
Pre-ICO. July - August 2017.
During the pre-ICO investors will be offered to purchase a block-chain
option of 230 000 cubic meters of sand (230 000 SAND COIN)
1 SAND COIN = $0.95
2) ICO. September - October 2017
During the ICO investors will be offered to purchase a block-chain option
of 3 170 000 cubic meters of sand (3 170 000 SAND COIN)
1 SAND COIN = $1.25 - $1.35
The minimal milestone of the ICO - $1 175 000
3) Connecting power grids, construction of the infrastructure necessary
for sand mining, purchase of equipment.
October 2017 - April 2018
4) Conducting stripping work, the beginning of quarry development
5) The buy back launch
SAND COIN blockchain options buy back will start 9 months after
fundraising ends. We plan to buy back 10% of SAND COIN with
subsequent burning every year, until buying back up to 50% SAND COIN
from the market. Investors will also have the right to exchange SAND
COIN for an equivalent amount of cubic meters of sand (1 SAND COIN = 1
m3 of sand).
6) Partnering up with other non-metallic material quarries, connecting
them to the SAND COIN system, February 2019
7) Launching the development of a second sand quarry, 2020
Based on this form of investment we expect a substantial increase in
value as soon as SAND COIN enters the market, and equalization of the
blockchain price later on, once the quarry development begins.
We expect SAND COIN to increase in value even more due to the buy
back in July 2018.
Other price growth stages will happen due to the partnerships with other
non-metallic material miners and their participation in SAND COIN in
February 2019, and the launch of a second quarry development in 2020.
The project plan requires two stages of sand quarry development.
First stage includes:
Legal documentation preparation Connecting to the power grid, lighting Entrance complex construction Outbuildings construction First stage expenses - $1 175 000
Second stage includes:
Stripping works Purchase of equipment Purchase of vehicles for sand transportation Second stage expenses - $2 353 600.
Monthly expenses: sand mining, staff salary, administrative costs - $95 000. Monthly earnings based on an average of 90 000 m3 of sand mined (3000 m3 a day) and an average market price of $5.30 for 1 m3 of sand - 90 000 * 5.30 = $477 000. Mining 1 cubic meter of sand costs $1.25. The mining expenses will be gradually reduced throughout quarry development and equipment investment recoupment. At the average rate of 90 000 m3 of sand mined monthly, the quarry will be depleted in 13.5 years. After this we plan to start working on recultivating the land for fish farming or other appropriate economic activities. During pre-ICO we offer investors a way to earn a substantial profit as soon as SAND COIN enters the market, considering the price of 1 SAND COIN (equivalent to 1 m3 of sand) during crowdsale = $0.95 - $1.35. Average market price of 1 m3 of mortar sand = $5.30.
Graduated the Moscow State Law Academy, specialization "Land Law",
the co-founder of the construction company,
"Revital", in the past the founder Yocto Games (worked with Chillingo, Electronic Arts, Microsoft Studios)
Education Moscow State University, the executive director MBK LLC
North-Western Technical University
Worked as PR manager of companies Leiman Spich and CJSC NESCO
Education: TSU - Mathematician, Aptech CE - Database specialist.
Co-founder of the first Russian PaaS "Dokkur",
CTO "Swanager - infrastructure provider"