ARNO, the nanotechnology-based secondary energy storage service provider that also offers investment opportunities through its Defi Integration has completed the first IEO round with an overwhelming response. The project exists in the real world with a fully operational business model, making it an even better investment option in the Defi sector. At the moment, the ARNO Token project has started and continues the procedure for carrying out the IEO, which is primarily due to the collection exceeding the most optimistic forecasts during both pre-sale phases.
The first round of the IEO was quite successful and the second round began today. ARNO can still be purchased on the website. In the second round of IEO, which will also last a week, the cost of ARNO increased to $3 per token. After the IEO has passed, from August 29th, The project will begin preparations for the exchange listing procedure. Investments in ARNO Token are investments in the high-tech production of really necessary products. The profit of the project is guaranteed by the access to the invested funds and the physical growth of the volume of the project’s capitalization.
The ARNO project is preparing to distribute a little less than 900,000 ARNO tokens to investors’ wallets. Not all of them were sold – some of them are bonus and referral accruals, the AirDrop program, and Bounty, but we can say with confidence that the amount before IEO is more than 800,000 USD. Of this amount, about a quarter went to the IEO and listing procedures. Not only on those four exchanges where IEO will take place now – CoinsBit, P2PB2B, IndoEx, and VinDax, and this amount will increase by one and a half times, unfortunately – large exchanges take large amounts.
ARNO has chosen a path less taken and developed a technology using carbon nanotubes to help exceed the battery life of existing lead-acid batteries. The project is working towards the creation of the production of secondary energy sources for industrial and home use based on lead-acid battery cells using carbon nanomaterials. The final product can then be used by technologists to store energy, improve efficiency, increase the capacity and life of the batteries, and more. Manufacturers of electronic products, hybrid vehicles, and power systems are also benefiting from the technical practice, which allows them to create more flexible and high-performance offerings for their end-users.
The project has started a series of development workshops and factories after gaining approval from the Bulgarian government. ART, Monbat (Bulgaria) 35%of which belongs to ARNO’s management company Advanced Carbon Materials (also Bulgaria), received the premises and customs documents, as well as a complete line for dispersion and activation carbon nanomaterials. ART Monbat received the first batch of 135 kilograms of consumables, which will allow, after assembly and start-up and commissioning works immediate start production of products, as planned according to the Roadmap. The products will immediately go for approbation and certification to the parent enterprise for the production of lead-acid batteries.
As soon as the exchanges are ready, users will have the opportunity to withdraw tokens to your personal exchange wallets and these quantities will be honestly displayed. ARNO’s project uses the principles of a decentralized financial market and placement on cryptocurrency exchanges of various structures, so anyone can exchange the ARNO token for another cryptocurrency or real funds. The project began with the creation of supercapacitors with aqueous electrolytes and various installations based on such supercapacitors. Even though the project was crowned with complete success, industrial production did not develop for a simple reason – such devices, despite all their advantages in terms of simplicity of design, safety in handling and during recycling, nevertheless turned out (which is understandable) less capacious and more massive than the supercapacitors we are used to.
Once the ARNO token is added to the exchanges, the project team will put up a certain quantity of tokens for auction, and when the tokens are bought by the participants, the team will stop the cryptocurrency input on the present platform for a year. The auction is held by the traders not bearing a relation to the developers. future businesses plan to deliver a broad range of products and solutions to customers in every corner of the globe, serving key industries such as transportation, infrastructure, environment, and consumer. We provide performance solutions that solve customers’ challenges today while preparing them to meet tomorrow’s needs. ARNO’s commitment to innovation is driven by a passion to advance the customers’ businesses through deep understanding of their industries and the global trends that impact their operations.
Operating expenses accounted for more than half of the amount collected during pre-sales. But most (90% approximately) of operating costs are contracts for the design, manufacture, and supply of equipment for the production of carbon nanomaterials. ARNO currently has about 20,000 EURO in the account of the management company and about 120,000 EURO in cryptocurrency (in terms of and at the rate, of course). This is exactly how much we exceeded the most optimistic sales forecasts.
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