One of the means to finance the AMi Exploration Program is AMiE crypto, a utility token created on the Avalanche blockchain. Through the private sale, presale, and the ICO, we aim to raise $72,850,544 until 2027.
Token name: AMi Exploration
Token symbol: AMiE
Token type: Utility
Technical standard: ERC-20
Smart contract address: 0xa12eB4d5cB7911E8D471FE708a9f3119fD216a1A
Standard issue price: $0.10
Private sales: yes
Public sales: yes
Total supply: 1,000,000,000 AMiE tokens
Expected capital collected from tokens sale: USD 72,850,544
For more information regarding the AMiE Token:
Use of sale proceeds
$73 million planed from AMi Token sales.
The AMiE Token holders will be able to purchase the returned precious metals with priority. The holders will also be able to use the AMiE Tokens in exchange for the precious metals.
ARCA is committed to make the AMi Plan a reality by using its skills of achieving great results with the a reasonably small amount of funding.
We estimate that $100 million will be required between 2022 to 2027 to start the mining operations, while between 2028-2031 the spent amount will be $107 million, with this last amount covered from asteroid mining operations that are expected to start in 2027.
Therefore, a total of $207 million will be spent for the AMi Plan between 2022-2031, while expecting to get $1 billion from asteroid mining operations during the same time frame.
AMi Program budget sources
Investment vs. revenue
An outstanding feature of the AMi Plan is that the development and operational cost for the associated hardware is significantly lower compared with the products currently on the market.
Some relevant cost data below:
$22,5 million - EcoRocket Heavy fabrication.
$5 million - EcoRocket Heavy launch.
$0.8 million - one AMi Cargo.
$5.8 million - one mining mission.