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ArgHe token
Argonon token presale is open from 7th to 21st March
SOUTH AFRICA, March 6, 2022 /EINPresswire.com/ — At its core, the ArgHe token represents a right to redeem an underlying quantity of helium, a rare natural gas listed on the United States critical minerals list and currently in short supply, mined by Renergen1 from their Virginia Gas Project located in the Free State in South Africa.
The token is built on the Binance Smart Chain (BSC) using the BEP20 standard. It provides a decentralized mechanism for trade and ownership of helium.
The purpose of the ArgHe token is to harness contemporary blockchain technology which offers superior digital security and a wider range of capabilities compared to traditional derivative instruments. The ArgHe helium redemption facility is accessible through the Argonon4 online platform.
What’s Helium ?
Helium is a non-renewable commodity. It is a noble gas made very slowly through the radioactive decay of heavy metals underground such as Uranium and Thorium. The helium gets trapped in pockets of natural gas, where it can be extracted.
Once helium reaches Earth’s surface, it can easily escape its gravitational pull and enter the vacuum of space. Hence, helium is a rare Earth element with a limited supply, and a diminishing commodity which cannot be recycled if purged.
Argonon’s initial coin offering (“ICO”) is accessible to clients (and/or investors) through Argonon’s online platform.
100 000 000 ArgHe tokens are offered to the general (international) public in the first round of the ICO. The price of the ArgHe token is based on the corresponding amount of redeemable helium from the Renergen reserve.
Each ArgHe unit corresponds to a single cf of helium as determined by the redemption value predicated by Renergen. Regulation…
