introducingFarad Cryptoken
Farad Cryptoken is the first of it's kind among the cryptocurrencies that exist in the market. The main difference of Farad Cryptoken is that, it is backed by real economic activity which is the production of Ultra-capacitors within actual factory settings.
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Farad Cryptoken Launch Summary
Pre-ICO token swap
Pre-ICO token swap program which will be conducted over a maximum period of 21 days starting from 25 August 2017, 13:00 GMT till 14 September 2017, 23:59 GMT
ICO Swap
ICO Swap program will start from the closing of the Pre-ICO token swap program or over a maximum period of 14 days from 15 September 2017, 00:00 GMT till 30 September 2017, 23:59 GMT
ICO Swap Volume
1,280,000,000 FRD
Total Issue Volume
1,600,000,000 FRD
Distribution of FRD
For every 100 FRD swapped in this offering, 25 additional FRD will be issued and retained for sponsor, team members, partners and advisor
FRD Offer Index (Pre-ICO token swap)
0.0005921 ETH / 0.0000559 BTC
FRD Offer Index (ICO Swap)
0.0006579 ETH / 0.0000621 BTC
Website URL
farad.energy
FRD Issue Date
7 days after the ICO closing date
The funds raised by the ICO will be use for the purposes as shown below
To acquire specialized machineries which will be imported from Taiwan, Italy and Germany.
To purchase and stockpile the metal oxides material needed for the production
To fund further intellectual property protection (patents), industrial development and collaboration.
To cover Blockchain developments for the manufacturing process and Supply Chain and Value Chain management for the UCs on Ethereum blockchain concepts.
To cover international marketing, ICO costs, financial costs, of the UC manufacturing, etc.
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Farad Cryptoken
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25
August2017
Pre-ICO token swap Launch
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15
September2017
ICO Launch
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30
September2017
ICO End Date
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07
October2017
FRD Issuance
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UCC Production
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30
September2017
Production Line 1 Testing &Commissioning
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01
October2017
Start production of UCC
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30
October2017
Start production of line 2, 3, 4.
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20
December2017
Production under Forward PurchaseContract Starts
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20
March2018
First Quarterly Swap back
AcceptedCryptocurrencies
Farad Program Management Team
Dr. Wan M Hasni
Chief Executive Officer, Farad Program
Wan Hasni has been among the pioneer in financial economics for more than 25 years. He had founded, developed, and managed various organizations in Asia and the Middle East, involving multi billion dollars of assets under his management. Dr. Hasni holds a PhD in finance from University of Iowa, Iowa City, USA. He is the Chairman & CEO of Virtue Fintech FZ LLC.
Rashdan Ibrahim
Financial Advisor, Farad Program
Rashdan Ibrahim has served in various high level positions with some of the most well-known names in banking, asset management and the real estate industry during the past 23 years. Since 2006, he has based himself in the Gulf region with stints in the UAE, Saudi Arabia and Kuwait. In 2016, he launched his own Sharia compliant peer-to-peer lending platform in Indonesia. He is the Financial Advisor of Virtue Fintech FZ LLC.
Richard Imran Ding
Legal Advisor, Farad Program
Richard Imran Ding has over 22 years of experience specializing in mergers & acquisitions, joint ventures and corporate and commercial transactions primarily in South East Asia, Middle East and Europe. He also advises numerous technology companies on their businesses. Richard is admitted to practice law in England and Malaysia. He is the Legal Advisor of Virtue Fintech FZ LLC.
Nong You Hua
Ultra-capacitor Technology Advisor, Farad Program
Mr. Nong has a wealth of operational and professional management experience, he has served as director in various Guangxi local government microwave, emergency and mobile communication bureaus. He is also a member of the Chinese Academy of Sciences. Mr. Nong has a master degree from University of Science and Technology of China. He is the Chairman and CEO of Guangxi Aerospace Beidou New Technology Co. Ltd.
Satriya Suetoh
Ultra-capacitor Program Advisor, Farad Program
Mr. Satriya is an American trained civil engineer who has worked in various capacities in business development and swaps in large multi-national companies such as ABB, Cerner, Microsoft, Remote Medical International and Telstra. He has covered markets in the USA, Australia's, China, ASEAN countries and the Middle East throughout his professional career. He is the General Manager of HK Aerospace Beidou New Technology Co. Ltd.
Dr. Hung Yen Liu
Ultra-capacitor Manufacturing Advisor, Farad Program
Dr. Liu has over 30 years of experience in electrical engineering and has work for various technology, electronics, computer and communication companies in Taiwan and China. Mr. Liu has received Excellent Awards from the Institute for Information Industry, Taiwan and the Ministry of Education, Taiwan for his works in this field. He is the General Manager, Guangxi Aerospace Beidou New Technology Co. Ltd.
Dimitriy Kuvandikov
Technical Officer, Farad Program
Dimitriy has over 12 years of experience in programming. He has worked on all major platforms including Windows, UNIX, LINUX, iOS and Android. He was also involved in the development of the VAS-platform that served 5 million subscribers, the R&D of VoIP mobile solutions, Bluetooth low energy beacons based indoor navigation, development of Mybluebirdie project - an e-commerce for medical services and assistance as well as developed REST-gateway for amazon.com among others. His recent projects include the development of “Allianz Pacer Run” tracking app for iOS, Android, Facebook App, REST-API.
Farad Program Advisory Board
Muhamed Catic
Chairman
Muhamed Catic is a strategic advisor with expertise in international business, circular economy and sustainable development, innovation and technology management, and international public relations across MENASA, ASEAN and Central Europe regions. Muhamed has a BSc. Theoretical Mathematics and Physics from University of Sarajevo and a MSc. Information System Development from the University of Zagreb. He is also an alumnus of the Stanford Graduate School of Business. He received intensive executive training at MIT Sloan Management School and Harvard Business School.
Dr. Abdulla Mangoosh
Vice Chairman
Dr. Abdulla Mangoosh, is the Chairman and CEO of Emirates House Group. Mr. Mangoosh is an expert in the field of meteorology and has also hold various posts in the UAE government in this field culminating in his appointment as the Director of the Water Resources Department under the direct supervision of the Late H.H. Sheikh Zayed Bin Sultan Al Nahyan’s office. He holds a Master’s Degree of Science from the University of the Witwatersrand, Johannesburg and a PhD in Economical Sciences from the International University of Business Technologies, Russia.
Tony Morris
Board Member
Tony Morris is the president and CEO of American Maglev Technology, Inc. (AMT). He founded AMT in 1994, bringing over 20 years of program management expertise on projects totaling more than $10 billion. Prior to AMT, Mr. Morris oversaw Atlanta-based Park Square Consultants, LLC., a project management firm. His previous clients include Delta Airlines, Lincoln Property Company and scores of public and private entities across the United States. He received a B.S. Civil Engineering from Georgia Institute of Technology in 1978.
Dr. Yao Peizhi
Board Member
Dr. Yao, is an expert in ultra-capacitor and energy storage technology. He has served in various research and technology positions in companies and higher institute of learning in China. He has a Ph.D. in metallurgy and materials science, University of Cambridge, United Kingdom.
Technical Team
