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Cryptocurrency News Video

This Token is Backed by Real Graphite! RWA Project Launching Soon!

May 04, 2024 at 10:06 am James Pelton

Website: https://savala.global
Twitter/X: https://twitter.com/SavalaOfficial

Savala is a pioneering blockchain platform focused on the trading of tokenized commodities, beginning with premium Sri Lankan graphite. This innovative platform offers investors a unique opportunity to engage with a crucial component used in lithium-ion batteries and renewable energy solutions. The initial sale features the first 2,000 tokens, each representing one tonne of graphite, priced at a discounted rate of USD $850 per token, aimed at early adopters.

Funds raised from this early token sale are earmarked for setup costs and securing 2,000 tonnes of graphite production. Savala plans to enhance its mining operations and establish a processing plant to upgrade the graphite to a 99.9% grade, thereby boosting its market value. Revenue from graphite sales is held in escrow until all tokens in a sale round are sold, with proceeds then distributed to token holders based on a predefined revenue model.
Video source:Youtube

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Other videos published on Feb 26, 2025