Brewery Consortium Coin - BEER Coin The Future of Beer
Beautiful Bubble Lda will offer a new convertible CryptoCurrency; Brewery Consortium Coin (BEER), created as an ERC 20 derivative token of Ethereum
and linked to the tangible assets and value of a rapidly growing craft beer brewing company and partners (“Brewery Consortium Partners”) in exchange for the Funds (“Token Sale”).
Develop BEER as a cryptocurrency linked to the value of tangible assets and consumer product sales in new and growing markets.
Beautiful Bubble Lda (BB) is a British owned Portuguese limited liability company operating Brewery Consortium and Algarve Rock Craft
Brewery (AR) based in Faro, Portugal with more than 100 years combined staff brewing experience.
BB are located in Portugal to exploit the rapidly expanding craft beer market predicted to rise from current €3m annual sales to more than €50m over the next 3 years.
“We believe that 10 years from now, artisanal beer will cease to be a niche and can be worth 5 to 6% of the market” (https://goo.gl/3yNd8x)
BB will develop the Brewery Consortium by expanding AR Brewery and investing in and cooperating with other Craft Breweries globally – Brewery Consortium partners.
Brewery Consortium partners will undertake joint brewing and marketing ventures.
Brewery Consortium partners will all offer BEER as prizes on sales of beer.
Brewery Consortium will open Brewpubs globally to expand marketing of Brewery Consortium beers & BEER.
Issuer: Beautiful Bubble Lda
Type: Ethereum ERC20 Token classified as Brewery Consortium Coin (BEER)
Face value: 1 BEER = $0.05
Issued volume: 800m Brewery Consortium Coin (BEER)
Retained: 100m (balance for BEER prizes)
Target Sales: 400m
The separate Business Plan and Financial records to date are the basis of the pre-money valuation of BB, excluding any Funds raised in the
- ICO Token Sale release up to 500m BEER at $0.05, subject to the Limits
- Total 800m BEER will be released and convertible to 100% of the share capital of BB Parent Company which in turn will hold 100% of the shares of BB and shares in each Brewery Consortium partner.
- Withheld BEER will be released over 36 months to fund prizes on beer purchases, partner acquisition and brewpub development as per ROADMAP and USAGE OF FUNDS.
- BB post money value of €31m based on Token sale of 500m BEER at $0.05 convertible to 100% share of BB Parent Company.
- BB pre-money value of €3m
ISSUED ISSUED ISSUED
BEER 800m BEER 800m BEER 800m BEER
BEER VALUE DRIVERS:
Brewery Consortium’s goal is to increase desirability, underlying convertible strength and tradability of BEER via:
- Regular release of BEER as prizes on beer purchases from Brewery Consortium partners.
- Increase in profitability, asset and trading value of BB and Brewery Consortium partners.
- Other opportunities of linking BEER to other companies and products.
- As BEER value will be linked to the assets and values of BB and Beer Consortium partners, the potential for growth in BEER volume and value is endless. Ultimately, the value of BEER is linked to growing consumption. Hence, investors in BEER are investing in the consumer, themselves and enjoying the benefit of growing consumption.
BB have created Brewery Consortium Coin (BEER) as an ERC20 Standard Token on Ethereum
blockchain, fully compatible with popular Ethereum wallets which support ERC20 Tokens and smart- contracts that use the ERC20 Standard.
WHY A NEW TOKEN?
BB have issued 800m BEER at a nominal value of $0.05 available at
BEER funds will be used to establish Brewery Consortium partners globally.
BEER funds will be used to expand Algarve Rock brewery & distribution throughout Europe. BEER will be offered as prizes against Brewery Consortium beer purchases.
BEER funds will be used to open Brewery Consortium Brewpubs. BEER will be accepted in Brewery Consortium Brewpubs.
BEER funds will be used to acquire shares in Brewery Consortium partners. BEER will be optionally convertible to assets in BB Parent Company.
On January 7th, 2019 up to 500m BEER will be released and offered for Pre-Sale at $0.05 each with bonuses. Payment in $, €, £, PayPal, BitCoin, Ethereum.
BONUSES ARE OFFERED ON EARLY PURCHASES UP TO THE TOKEN SALE:
Referral Scheme - successful referrals will receive 5% bonus of referral purchases (purchasers receive a referral code to pass to contacts
ICO Token Sale
On March 15th, 2019 (subject to the Limits) the balance of released BEER will be offered in the ICO Token Sale (ICO) at$0.05 each with concurrent release and tradability on participating exchanges, where listing is successful, and conversion to BB Parent Company Shares.
BB will implement know your customer, anti-money laundering and anti-terrorist financing procedures and processes (“AML”) in support of and during Token Sale with the concrete aim of compliance with regulations in force.
Payment in $, €, £, PayPal, BitCoin, Ethereum.
CONVERTIBLE TO SHARE IN BB
All released BEER (800m to avoid doubt) will be optionally convertible to capital in the BB Parent Company Shares as follows:
- At a rate of 0.1% ownership of BB Parent Company Shares :1,200,000 BEER subject to the minimum conversion rate defined below.
- Subject to 30 days prior notice from the applicable investor to BB Parent Company via website www.BreweryConsortium.com on the 15th of June and 15th of December annually from 2020.
- With respect to any one investor, as a minimum, a conversion is necessary resulting in the investor owning 0.05% of the BB Parent Company at the prevailing market exchange rate with minimum rate of 1 BEER:$0.05 at the time of application to convert (the “Minimum Conversion Rate”) Shares will be held by the BB Parent Company to benefit investors. The BB Parent Company will most likely be formed in Zug, Switzerland after the Soft Cap is reached, it being understood that BB will evaluate the best jurisdiction for incorporation within a reasonable time prior to reaching the Soft Cap, and that the BB Parent Company will be incorporated latest a reasonable time after the Soft Cap is reached. The BB Parent Company will be listed in the BB Company Registration Certificate (Certidão Permanente) as a 100% owner of BB. The BB Parent Company will administer, on behalf of BEER holders that have converted to BB Parent Company Shares (“Converted Shareholders”, or “Converted Shareholding”, as applicable), the distribution of dividends (where such is payable) due and operate a Converted Shareholding exchange subject to transaction fees.
- Converted Shareholders will not have any voting rights in the BB Parent Company but will receive a share of dividend earnings (where payable) and proceeds from any sale or part sale of the BB Parent Company.
- Hence, the optional convertibility of BEER to ownership of BB Parent Company will link the value of BEER to the growing value of BB and Brewery Consortium partners.
Regular releases of BEER as prizes against purchases of Brewery Consortium beers should stimulate increase in BEER value and trading on the most efficient cryptocurrency platforms, thereby increasing confidence in the underlying assets and the linked value of BEER.
From 800m BEER issue up to 700m with bonuses and payments will be released on ICO.
Brewery Consortium will release BEER monthly as prizes against purchases of partner beers. BEER prizes will be released at a level > 5% monthly Beer Consortium Partner beer sales value for at least 36 months.
- Prizes issued by code printed under bottle caps and can ring pulls, readily claimable online.
- Prizes should stimulate sales and profitability of Brewery Consortium Companies.
- Prizes should stimulate desirability and trade in BEER.
- Prizes have an intrinsic purchase value and add to the value of BEER.
RECAP - HOW DO BEER INVESTORS BENEFIT?
BEER is convertible to ownership of BB Parent Company.
Twice annually BEER can be converted into shareholding in BB Parent Company subject to conditions.
BEER is convertible to other crypto and fiat currencies subject to successful listing. Release of BEER should stimulate the potential for trade on crypto exchanges.
BEER will be offered by growing Brewery Consortium partners. BEER awareness will be expanded by partners
Brewery Consortium partners will expand brewing capacity, expertise and market share. Linked asset value of BEER should increase.
Brewery Consortium aim to open brewpubs across Europe and then abroad. Awareness, trade and linked asset value of BEER will increase.
BEER prizes will stimulate interest and beer sales of Brewery Consortium partners. Prizes should increase awareness of BEER and value of linked partners.
The above activities should increase the value of BB and Brewery Consortium partners thereby increasing the visibility, trading activity, credibility and value of BEER.
WHAT IF SOFT CAP NOT ACHIEVED?
If the Soft Cap is not achieved all Funds will be returned to investors and the expansion delayed.
If the target ICO Token Sale target is not achieved the expansion plans will be moderated accordingly with a second coin offering after developing and proving the market
The industry of cryptocurrencies is in constant regulatory flux, globally, and every purchaser of BEER acknowledges this risk as inherent in the Token Sale; and therefore agrees that in the event (in the reasonable discretion of BB) a legal or regulatory risk is identified, including without limitation due to a rule breach as a result of the Token Sale or by BB, or regulatory, enforcement or other similar action, or other similar legal process applicable to the Token Sale, BB reserves the right to rescind the Token Sale (and therefore the Terms) and return to every investor pursuant to the Token Sale, including without limitation any Converted Shareholder (each an “Investor”, any Funds obtained from the Investor, and cancel any rights acquired pursuant to the Token Sale, without any further liability for BB, all as further detailed in the Terms.
Usage of funds
ICO Token sale and future BEER release funds will be used to reach Roadmap milestones:
EXPAND ALGARVE ROCK TO INCREASE PRODUCTION.
EXPAND TEAM – BREWING, SALES, PARTNERSHIPS, BREWPUBS.
In the first half of 2019 a first-class brewery team will be expanded alongside sales and marketing staff to grow the production capability and sales of Algarve Rock craft brewery to be a dominant supplier in Europe.
Concurrently Brewery Consortium partnerships will be developed and initial Brewpubs established.
OFFER BEER REWARDS
Prize codes inside bottle caps and can ring pulls will be set up and offered by Algarve Rock and other Brewery Consortium partners. BEER will be accepted as payment by Brewery Consortium partners including Brewpubs.
INVEST IN BREWERY CONSORTIUM PARTNERS
Partners will be further developed by investment including reciprocal brewing and supply through partner supply chain opening markets for all Brewery Consortium partners.
The first joint venture Brewing Consortium reciprocal brews to be delivered including BEER prizes and marketing.
OVERSEAS MARKETING, US OFFICE.
BEER prizes and Brewery Consortium partnerships will be reinforced in USA by a local support office based in Austin, TX.
All aspects of BEER marketing and Brewery Consortium expansion will be analysed to further invest in sustainable long term growth in the company.
AR is a new craft brewery with modern brewing facilities including kegging and own counter pressure auto-bottling line. The brewery is open to visitors subject to appointment.
It has been established as the largest craft brewery in the Iberian Peninsula and readily scalable to exploit the growth in the local craft beer market. AR is the trading name of BB and, therefore, is the same company as BB for the avoidance of doubt.
BB are seeking Funds via the Token Sale to establish Brewery Consortium partners, expand AR to be a dominant craft brewery in Europe, purchase freehold of the current AR brewery premises, open logistically beneficial Brewery Consortium brewpubs, purchase shares of suitable Brewery Consortium brewing partners and regularly release BEER via Brewery Consortium purchase prizes.
INITIAL SALES AND MARKET ACCEPTANCE HAVE BEEN VERY ENCOURAGING, RESULTING IN:
- Distribution agreements with major partners and supermarkets;
- First prize Stout at the prestigious Cervezada Internacional Trujillo;
- Sponsorship of Algarve Pro Racing;
- Prestigious sales outlets;
- Exports to UK, Italy & Scandinavia
FUNDS FROM ICO TOKEN SALE WILL BE USED TO:
- Purchase existing AR premises and adjoining land with planning permission;
- Extend AR brewery premises from 600 m2 to 2000 m2 including office and storage areas;
- Install brewing, processing, storing, bottling, canning and kegging equipment to increase AR production in stages to 400,000 litres of beer per month over a 36 month period in line with sales growth;
- Create Brewery Consortium marketing division to seek companies, partners, allies and opportunities to increase BEER value globally;
- Open Brewery Consortium marketing office in USA to focus on partner and BEER development in the large N. America market;
- Increase BB Parent Company value by purchasing shares in Brewery Consortium members on the condition that they offer BEER as consumer prizes (amongst and subject to other conditions)
- Expand marketing of Brewery Consortium breweries via all normal channels to stimulate interest in beers, linked BEER currency and regular BEER prizes;
- Create a Brewery Consortium Brewpub model to open own craft beer/craft snacks Brewpubs across Europe followed by abroad. First Brewpub is already prepared for opening March’19;
- Other financial commitments;
- Pay consultants and suppliers;
- Contribute towards shareholder earnings where BB deems such to be necessary in the absolute discretion of BB.
In general, funds will be used to reduce debt, increase asset value and trading profitability of BB through Beer Consortium partners, thereby increasing the linked convertible and tradable value of BEER.
Post Token Sale, BB intends to accomplish the above tasks during 2019 through to mid-2021 allowing BB to own varied assets including unreleased BEER, Brewpubs, shares in Brewery Consortium partners and AR as a fully functional and fully funded leading craft brewery.
Concurrently BEER will be developed as a respected cryptocurrency readily convertible (subject to conditions) to other currencies or the underlying solid assets and business value of BB Parent company Shares.
BB is expecting to raise the equivalent of approximately €17m subject to the Limits globally during the Token Sale allowing for planned expansion and contingency.