SCRAP ERC-20
recycling and
refining activities
A precious metals refining company that is currently being developed into a blockchain based metals exchange and decentralized app that will be powered by the SCRAP ERC-20 tokens created and launched by the Active World Club.
SCRAP
Why buy
The initial tokens have a face value of $0.00001 with 1 trillion minted. These tokens will facilitate transactions between recycling firms, scrappers, and industrial clients, who wish to sell larger quantities of Gold, Silver, Palladium, and other rare earth materials. Most importantly, the SCRAP tokens are easily used to purchase refined precious metals.
SCRAP DETAILS
TOKENOMICS
Total Supply:
Supply Dynamics:
SCRAP Token
ECOSYSTEM
Every $500 purchase of SCRAP tokens recycles and refines over 1000 lbs of industrial and electronic junk.
YIELD
That junk yields approximately 1 oz of refined .999 pure precious metal including Gold, Silver, Palladium, and more.
tokens
Priced at .00001 and can be used in our club marketplaces to buy .999 pure Gold, Silver, Palladium and other valuable merchandise.
Physical delivery
After 180 days, members may purchase any qualified marketplace items using the SCRAP tokens at checkout. This includes order direct shipments of Gold, Silver, and Palladium.
MARKETS
This set conversion rate makes the SCRAP token interchangeable dollar for dollar with physical precious metals markets.
HEDGE
Because club members can use SCRAP to buy the metals we refine, the tokens are actually severed from fiat currency and a true inflation hedge.
SCRAP
Rules
Tokens must be held through the procurement, recycling, and refining process which takes 180 days to complete.
After holding SCRAP tokens for 180 days, members may purchase any qualified marketplace items using the SCRAP tokens at checkout.
This includes order direct shipments of Gold, Silver, and Palladium.