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ICOs 5,382

BactoAlarm

ICO Ended
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The BactoAlarm project plans to attract investments in the amount of 100 million Swiss Francs through the issuance of 4 million BactoCoins at the price of 25 CHF/BTN. The value of BTNs will grow accordingly to 25% of the company’s profit from the sale of its sensors. BactoCoins will be redeemed by the company from the moment the company starts generating profit, for the value of the 25% profit accumulated at that time.
4.8
TOTAL SCORE
2
PRODUCT

(weight: 25%)

4
BUSINESS

(weight: 25%)

5.4
ICO PROFILE

(weight: 25%)

6
SOCIAL ACTIVITY

(weight: 15%)

10
TEAM PROOF

(weight: 10%)

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General
Website: Visit
White paper: Read
ICO Time: 14 Dec 2017 - 23 Dec 2017
Country: Switzerland
Token info
Ticker: BTN
Platform: Ethereum
Token Type: ERC20
Financial
ICO Price: 1 BTN = 25 CHF
Accepting: BTC, ETH
2009
First lab tests conducted; colour changes observed.
2010
Spanish patent obtained by the University of Zaragoza.
2011
iPak AG founded

University searched for investors

Contract signed between the University of Zaragoza and iPak AG

Searched for suppliers of ingredients.
2012
Contract signed between FELBER&PARTNERS AG and iPak AG.

The base material for the sensor was found; further tests conducted.
2013
Samtack (Spain) engaged in industrial development and testing

Negotiations with potentially interested parties took place, including some major European retailers; NUTRECO (Netherlands) showed high interest in the sensor development.
2014
Discovery Flexibles (Scotland) engaged in multi–layer sensor development.
2015
Sensor greatly improved and altered from initial concept
2016
Industrial test conducted with Nutreco; positive results were obtained.

Working towards improvements of BactoAlarm®.
2017
Solutions for improvements were found; lab tests began before the next industrial test with Nutreco.

41 patents obtained, certificate of compliance with EU markets obtained, trademark was registered, value adding chain was conducted, and potential buyers are waiting!

Preparing ICO launch for BactoAlarm® Bio sensor

October/December – Promoting the project; introducing the concept to prospective partners

14–23 December – Token offering
2018
Test with Nutreco to be conducted (Positive results will lead to final real–life testing with customers).
2019
Form a social education network.

Product launch and mass production.
2021
Company will start to generate profit; cashing back of coins will be announced.

Horizontal integration into the product line.
Screenshots taken 6 Feb 2018
Manuel Fernandez
Board member and project Coordinator
Alfredo Corujo Fernandez
Food and Safety Expert
Jimmy Urquhart
Packaging Expert
Bernhard Zwicker
PR Consultant with technical reduction
Cristina Nerin
Inventor and Head of R&D Team
Eudald Mas
Chief Technical Officer
Josef Felber
Patent Attorney
Jacob Stossel
Finance Specialist
Giuseppe Domeniconi
Food Promotion Advisor

Advisors (0)

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