One of the means to finance the AMi Exploration Program is through the creation of the AMi Crypto, an ERC20 utility token created in the Ethereum blockchain.
The utility for the ARCA token is linked to the fact that the token owners could use the tokens to purchase the ore, and other resources, like water from the asteroid mining activities developed under the AMi Exploration Program with priority. The purchase could be also performed with 20% from the sale cost covered with the AMi Token, starting with 2027.
Through the private sales and the ICO, we aim to raise $73 million.
The first private sale will open in August 2022.
For more information regarding the AMi Token:
Use of sale proceeds
$73 million planed from AMi Token sales.