CyClean ICO (CCL Token): Electric Car, Bicycle & Motorbike Coin

Friday, June 22, 2018

The number of vehicles on today roads are more than 1.2 billion and this number is set to reach 2 billion by 2035. The vehicles exhaust harmful fumes that are a danger to our ecosystem and to our health. There have been numerous research studies done on this problem and warnings have been given out that this situation will get worse if there are no solutions to tackle the problem. CyClean has the solution as it hopes to use clean energy and produce electric vehicles that do not exhaust fumes. This solution is easily acceptable to communities, organizations, and countries as it is both realistic and intuitive.

Electric vehicles will benefit the user and the ecosystem. The vehicle will be easy to manage, charge, and operate. They are the ideal replacement for the gas and oil vehicles that are pricey to manage. The electric vehicles will have a cheap electricity bill.

About cyclean

Cyclean all share a universal ecosystem and numerous mutual problems within such ecosystem. It seems like it is underneath the carpet but it is growing rapidly every day and deepening more intensely than we think. Surely, anyone has heard about the environmental problems at least once and there have been many efforts to combat such imminent problem. But Cyclean can confidently say those are not enough and more innovative approach is required that can permeate through B2C and B2B markets. Cyclean mainly focused on problems of exhaust fumes and energy production which are two major problems of environmental issues and additionally, the company is promoting green sports as a minor subject of our CyClean Platform.

Carbon monoxide is a colorless, tasteless component harmful to human health which binds to the hemoglobin in Cyclean blood and causes symptoms of carbon monoxide poisoning which includes lightheartedness, confusion, dizziness, and headache when exposed extensively. Also, Hydrocarbons have the dangerous long-term effect on human health because it could cause cancer or impact bone marrow. According to Department of Health and Human Services (DHHS) in the United States, benzene could be the cause of leukemia. The list goes on with Sulfur dioxide, Soot, and Oxides of Nitrogen. Also, it has been clear that previous ways of producing energy are not sustainable to Cyclean ecosystem. Although the voice is unanimous, the solution for environmental problems is in slow motion due to the constant demand of energy expenditure. The company believes more incentives and innovative designs are necessary to accelerate the green movement.

A study done by the American Journal of Respiratory and Critical Care Medicine tracked 146,397 people, 77 percent of them children younger than 2 who had infections treated in hospitals and clinics in Utah due to air pollution. Cyclean young children are vulnerable to the threat of air pollution. Another study by Lancet Planetary Health found that the risk of bone fractures among people over the age of 65 increased steadily as levels of air pollution — specifically, particulate matter smaller than 2.5 micrometers, or PM 2.5 — went up. Rates were almost 5 percent higher in areas with the highest concentrations of PM 2.5 than in those with the lowest.

How the CyClean Platform Works

CyClean hopes to build a platform that is based on a real product. The product will be more superior and competitive than other products in the same product line. Currently, the firm business model covers electric bicycles and motorbikes and the platform is set to expand to electric cars. The firm currently operates in South Korea but has plans to expand the business to the South Asian countries before expanding to other parts of the world.

The CyClean vehicles have a wireless network such that they are easy to track. The platform after launching the rental service hopes to airdrop JPAY SILVER that will be based on CyClean coin procession to sales member stores and allow for A/S service and parts sales service sales using the Cyclean coin. This will allow for the growth of the CyCoin. The Cyclean platform will soft launch the rental service through smart contracts using the CyClean coin as the starting point and then expand the product line.

The CyClean intends to generate its synergy within the JPAY platform that is based on a 2 layered coin. The JPAY platform solves the problems of fluctuating price and confirmation time delay for payment system of the cryptocurrency market. Based on blockchain technology JPAY uses e-commerce, cryptocurrency exchange, offline exchange and also combines with crypto-mecca, JPAY Kiosk system, MVNO smartphone business, JPAY Machine, and JPAY member stores.

Real-Product Based Platform

ICO stands for Initial Coin Offering. It is rising as one of the most effective ways of participating in a crowdsale for various reasons. Firstly, it does not require a tedious procedure that prevents the generic public from participating. With the announced cryptocurrency, anyone from the world can participate after a specific joining procedure at his or her home. Secondly, because the participation encompasses global scale, it could draw a large amount of capital in a comparatively short period. This allows companies with visions to plan a platform-scale crowdsale which makes enormous movement possible for entrepreneurs smaller than dinosaur corporations. Also, the general public can have an easy access to participate in a crowdsale that is happening in a distant area.

For Cyclean ICO, a company tried to keep up to the highest standard of concurrency market, by abiding by KY C joining procedure, whitelist monitoring, not accepting ICO-banned countries’ citizens, and clearly stating our terms of use and privacy policy. Also, to clear possible concerns, we declare that Cycle an ICO is based on an actual Singapore firm called Cleanly PTE. LTD. This firm will also serve as the technical consortium of various companies joining to manufacture Cycle-an self-driving electric car in the future although the consortium itself is not directly linked to our ICO. Cyclean is already in motion for researching various related technologies and certifications. Details about R&D will be shared at later sections.

The problem of Recent ICO Landscape

For recent years, many ICOs collected giant amount of fund without providing real product or service at the time of ICOs. In another word, the coin they sold suggested future profit based on an idea or a concept that would be fulfilled after 1 or 2 years after the ICO, and as a result, 80~95% of the ICOs closed are being categorized as failure by communities and experts at crypto community such as Medium or coin forums (probably due to the lack of responsibility to present tangible products after spending the fund). This is because, unless registered and announced to be one, cryptocurrencies are not appropriate to be an asset or securities (at least for current functionality which is still at developmental phase).

But Cyclean is not just aiming to adopt block-chain technology on rental service. The company has a bigger goal of combating environmental problems in an effective and permanent way, and rental service based on smart contract and green emission are the keys to fulfilling such goal. Cyclean aim to do beta-test during the main ICO and open service after the ICO as a model case utility coin.

Solution and Suggestion

There are reasons why several leading ICOs are held by long-experienced corporations that have a direct relation to the subject of such ICOs. The experience, built-in infrastructure, and resources saved for establishing an infrastructure varies significantly compared to a venture. Therefore, the market is revealing more appropriate cases to contributors as the initial phase of ICO market is passing by. When starting from a tangible standpoint, an organization is not only experienced at such field but also capable of integrating block-chain technology with the targeted field of business, accompanied with top class full stack developers and block-chain developers.

CyCoin ICO Token

Token Name: CyClean Coin
Token Symbol: CCL
Platform: Ethereum Total Issue: 4,000,000,000
Price: 1 CCL = 0.0001 ETH

The CyClean coin is integrated with JPAY platform that is already implemented and being used as a cryptocurrency payment system in South Korea. Using this platform, the digital coin will be used to pay for rental fees, the mobile service fee for the electric bicycles and motorbikes, LPAY machine, ESS sunlight panel unit, used to pay for the in-health service bike, the JPAY kiosk, and other products that will be launched later by CyClean.

The total supply of coins will be 4,000,000,000 coins and 30% of these coins will be offered for sale during the ICO. The accepted payment option will be ETH. The ICO date will be on 27th June 2018. The pre-ICO is already underway having started on 6th April and set to end on 28th May.

CyClean Cryptocurrency

Because Cyclean is based on Reuther platform, there comes a lot of advantages, for example, the smart contract feature and Ethereum compatible features (for future partnership, wallet compatibility, coin exchange enlisting procedure, and scanning availability). Although improving technology and innovation for the block-chain technology itself is important, more imminent problem is demonstrating an operating block-chain platform to the market and its contributors.

Also, smart contracts allow you to perform reliable and confidential transactions without the involvement of external intermediaries in front of banks or banks and government agencies. In addition, such transactions are traceable, transparent and irreversible. Smart contracts not only contain information about the obligations of the parties and sanctions for their violation but also automatically ensure the fulfillment of all the terms of the contract.

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