The erecoin economic model is a circular economy that captures the value of the ecosystem and circulates it back to the ecosystem participants. It is the first meaningful use case that bridges the gap between traditional businesses that are operating in fiat and bringing that value into a digital economy with significant volumes.
The erecoin (ERE), our utility token, is the preferred means of payment for the platform. It’s the crypto currency designed to purchase Growth as a Service and sustain a robust economy for its participants. You can buy it, you can earn it by contributing to the ecosystem, you can trade it for growth and, once listed, you will be able to sell it on exchanges.
The demand for the erecoin rooted in its use in growing additive manufacturing businesses. It is the unit of value used in the ecosystem to purchase business growth and facilitating trade.
Use of funds
In order to fund the development of the erecoin platform and the growth of the ecosystem, we’ve designed a token crowdsale.
As the platform delivers business growth, it will progressively onboard more users and grow its transaction volume. We initially drafted the threshold with a price trigger. So we can use the Token reserve to increase in circulating supply over time and reduce price pressure and avoid speculation.
The funds raised allow the team to further improve the platform, invest in growth and increase the necessary reach and distribution as the ecosystem grows.
It also allows the team to collateralized, some of the platform’s assets by performing a series of contracting experts, freelancers or additive technology directly into the platform.
This series of acquisitions allows us to generate free cash flow that reinvested in growth. The cutting edge work of integrating all those existing and proven technologies into a seamless platform lends itself very well for grant funding and research development credits, further reducing the operating cost and mitigating risk.
The cycle repeats whenever the price reaches one of the predetermined thresholds and every cycle contributes to expand the circular economy, for the mutual benefit of all the participant in the ecosystem.
Creating of infrastructure and salaries for est. 8 Developers
Management costs for salaries and miscellaneous
Exhibition preparation and contracting key customers
Audits and Tests of system by external Companies
Advisors salaries for preparing ICO
Tax and Lawyer costs after successful ICO
Founded as a software provider in autumn 2016 Beamler today is a well-established company specialized in minimizing operational constraints across the 3D printing industry. The company’s goal is to accelerate the growth of additive manufacturing user by offering a variety of 3D printing solutions that empower them to reap the benefits of large-scale 3D printing. Beamler’s platform enables access to an extensive database for industrial 3D printing that allows to print custom parts anywhere in the world, in just 4 steps. The database provides
customers with a comprehensive, up-to-date overview of what is currently possible with additive manufacturing technologies. Finally, the platform currently works with 642 different types of machines, 853 different types of materials and 431 manufacturing locations around the world.
Beamler and CAE lab GmbH, two companies specializing in additive manufacturing, announce their cooperation to further develop blockchain technology for 3D printing. Also, the core business of the Dutch company is to boost the growth of end-user companies by offering a variety of 3D printing solutions to gain more value from Additive Manufacturing on an industrial scale.
Essentially, the cooperation agreement between the two companies states that the first application scenarios will be developed together. In addition to classic interface programming, the main focus will be on defining smart contracts that can be mapped in the blockchain solution of erecoin on the one hand, and on the other hand can answer the challenges of the 3D printing customers of Beamler.
ADDITIVE MARKING GMBH
Three founding partners with a vision was starting point for Additive Marking GmbH. All of them with a deep background in academia at Paderborn University and its research institute for direct manufacturing technologies with a strong industrial cooperation. A triple drives our strategic direction: experience in 3D printing and IT development and a good feeling for real industrial needs. Marking of digital codes can be by embossing on the surface of the part, engraving in the surface or applying invisibly below the surface of the part.
After successful initial phase, the team begins with fine-tuning the erecoin project, building the team and infrastructure. Also, the iterative development of the erecoin platform and the integration of smart contract functions into the platform will start in March 2019 together with Additive Marking GmbH and their project staff.
The ERE Tokens are not offered to the United States citizens and residents.
They not allowed to participate in the token sale and purchase ERE Tokens. Also, participation in token sale may restricted to residents of other countries and territories.
For example, all participants shall make sure they act in conformity with the applicable laws, and they have found and learned the position of the regulatory authority in their jurisdiction.
You alone assume sole responsibility for any decisions you make based on the information contained in this whitepaper and/or the use of such information.
Under no circumstances shall CAE lab GmbH, its founders, team members and any third party involved in erecoin projects be liable for any loss or damage you or anyone else incurs as a result of any activity that you or anyone else engages in based on any information you receive from this Whitepaper or as a result of the use of the Whitepaper, including, but not limited to the incapacity to use our Tokens.
Finally, CAE lab GmbH makes no representations and disclaimers all express, implied and statutory warranties of any kind to you and/or any third party , including warranties as to accuracy, timeliness, completeness, or fitness for any particular purpose.