GraphenTech

Without a doubt, the biggest and most common critique levied against cryptocurrencies is that the currencies hold no value in the traditional sense. This sense, of course, refers to the concept that all fiat money had to, at some point, have value rooted in an objectively valuable material item.

For the United States, for example, the country’s economy used to operate on the “gold standard.” This meant that all currency in circulation was backed by a corresponding amount of gold, which had innate value.

Though the merits of this argument are obviously disputable—most fiat economies no longer operate this way—the critique still stands in the way of mass cryptocurrency adoption for many. They have a point, too. Some economic scholars postulate that the value of a currency like Bitcoin comes entirely from what people are willing to pay for it, and that the long-term sustainability of this system is questionable at best.

Eventually, some argue, the bubble might burst and the values attributed to all of these decentralized coins will crash to the ground. Though many in the cryptocurrency community view this as an obvious exaggeration, it does bring up an interesting point: where does the value come from?

Some new coins are looking to change this system and provide a substantive answer to this burning question of attributed value. This new generation of startups attempt to link their currency to a real-world commodity, thus giving it value that is, in a sense, unalterable and entirely objective. While this is likely to provide the feeling of stability to the market, the success of many of these new coins has been negligible at bet.

GrephenTech hopes to make a run at this elusive goal. This company and its ICO looks to create the cryptocurrency 77G, a currency with value linked to the value and sale of graphene, a chemical derived from graphite. This review will detail the core components of the company and its Initial Coin Offering.

What Is GraphenTech?

Graphene is an allotrope chemical of carbon. It serves as the chemical basis of Graphite, as well as diamond, charcoal, and carbon nanotubes. Despite the prominence in the chemical makeup of these popular items, the chemical has been, in a sense, overlooked as an element of value.

GraphenTech argues that this overlooking was a mistake. In particular, their site outlines that it is the “strongest material ever tested,” and that it conducts heat very efficiently, and is functionally transparent.

How GraphenTech Graphene Cryptocurrency Works

The applications of grapheme are likely the most essential components of its potential for monetization. It can be used for the creation of antimicrobial medicinal substances, for water purification, for entertainment screens, for the development of car batteries, for the creation of strong building materials, and for the creation of important superconductors.

Right now, the material is not applied in all of these industries. As GraphenTech works on applications and inventions to change this, their currency offers consumers a chance to profit off of the potential increases to the value of the substance they work with.

GraphenTech 77G Token ICO Details

  • The pre-ICO has not yet started
  • Will begin on July 17th until August 7th
  • The soft cap for the market will be $37 million USD
  • Hard cap of $190 million
  • There will be 19 billion tokens created

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.

2 COMMENTS

  1. SCAM ALERT!!!

    This “project” was created by Raul Molina, he is a scammer well know in Ecuador for attempting to scam the ecuadorian goberment and a statal university, impersonating a HP representative and invertor, HP denied all few days later, same as Tesla Morors. Raul Molina tried to scam by supposedly creating an electric car megafactory, but he just scammed his college with $80000 USD and ran away to Spain where he is now (not Netherlands). Now he created this 77G Graphentech, and as some investigation in some journals and websites, there’s no labs, no money, there are employees with no pay after 4-6 months of work, some left the project. And after few revelations on some journals, magazines and websites, he decided to remove his picture from the website and whitepaper, also he deleted the the graphentech page on “foundico” website because it was reported as scam.

    Please search for ‘Raul Molina’ + ‘Red Tech’ + ‘Yachay’, or find some info here (please use google translator because its all in Spanish):


    http://www.vistazo.com/seccion/pais/politica-nacional/cronica-de-una-farsa-anunciada-carros-electricos-en-yachay
    http://www.vistazo.com/seccion/entrevistas/me-arrepiento-de-no-haber-cancelado-esta-payasada
    https://4pelagatos.com/2018/01/26/yachay-un-operativo-montado-por-mitomanos/
    https://www.eluniverso.com/noticias/2018/02/14/nota/6622462/autos-electricos-iniciativa-que-no-arranco
    https://twitter.com/redtechleaks/status/980856985817092096
    https://twitter.com/ecuageek/status/832009024707162118

    Also search for ‘redtechleaks’ on twitter where you can find some official documents about Raul Molina & Redtech.

    … This info is about the scam attempt on 2017, now in 2018 Raul Molina is trying to scam again with no labs, no mine but with a 77G ICO and a Graphentech website. Raul Molina is required for the authorities in Ecuador for this 2017 scam. You can search for more about the graphentech scam.

  2. SCAM Warning!!!!

    Please search for ‘Raul Molina’ ‘RedTech’ ‘Yachay’ and you will find a lot of journal articles about the scam attempt. Raul Molina, the scammer behind this fake graphene labs and technology that he supposedly created (which is only smoke and mirrors) created this info page again, after my comment and others comments were posted on ‘foundico.com’, he deleted that page on that website because I reported this as scam. And now he found another honest website to try to spread his scam. Raul Molina decided to remove his picture out of the equation in both, the website and white paper, to not being linked to this fake project because he is know as a scammer.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1 × five =