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      "body": "Congratulations @bazcoin! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@bazcoin/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@bazcoin) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=bazcoin)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "SOFIN is a project of financial social network which grants an access to the peer-to-peer loans in fiat currencies. It’s a mutual benefit for both participating parties: ones are in the need of financial support, others are ready to lend. The platform itself is not a creditor.\n\nThe effectiveness of SOFIN is based on transparency and multi-level verification of borrowers. The platform allows both parties to negotiate the terms themselves, concerning the loan, the rate of interest, the duration and penalties.\n\nThe transactions are fully legal since they respect all of the regulations of the borrowers country of residence. The platform guarantees the transaction support, sends the notifications. In case of missing payments, due to the demand of creditor, it sends the data to debt collectors and sets the documents to the court.\n\nThe borrowers’ verification is done in four steps. These include the examination of documents, the phone call, the estimation of borrower’s credit history and the confirmation of employment. Both models are already working in the current projects of the team.\n\nSOFIN is based on a blockchain — it allows to keep the verifiable information about all parties, their transactions and arrangements. The money conversion also is done at the platform. SOFIN plans to emit the tokens, which will be traded as a regular listing at the exchange and within the platform itself. The SOFIN tokens are planned to be used as bonuses and cashback for good lenders and trusted loaners with clear history. The will also be eligible for paying the commissions and compounding the loans.\n\nToday, the peer-to-peer lending becomes more and more popular worldwide. The p-2-p platform has got a lot of advantages comparing to microcredit organizations and banks. The average rate is about 15-20% per year, and that is much less than microcredit organizations offer (up to 600%!) Herewith, the return of the lender is much higher than the bank deposits can offer. \n\nPeer-to-peer lending solves global problems — there are more than 2 billions of people worldwide who don’t have any access to financial resources. The total number of people living in the countries where the interest rate is above 20%, is about 3 billion. The P2P platform grants the access to financial resources to almost every social group in any country — on legal grounds.\n\nIf you need more information follow telegram group https://t.me/sofin",
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      "body": "Basalt wool is the best warmer for your house!\n\nIt’s September and winter is coming. Autumn forest is getting colder and colder day by day. A frosty night air in flowing into the holes of the house… Well, we are not going to write a longread devoted to the winterization and fixing the holes. We’d better tell you how to save your money using electrical heating and power consumption and totally enjoy autumn and winter evenings. And we will also tell you a bit about basalt as we are fond of this stone. In addition, you will learn about the project of our basalt quarry which is going to launch ICO very soon. \n\n\n\nYou can warm your house with basalt or glass wool, foam materials, clay. Basalt fibre is the most expensive material. But compared to the others, it has the best technical characteristics and this material is much more reliable and efficient. But why?\n\n\n\n\n\n\n\nFirstly, basalt wool is warmer! It’s looser than glass wool and the fibres of basalt hold cold air and it’s not allowed to enter your cosy house. \n\n\nSecondly, basalt is more waterproof than glass. It imbibes water but doesn’t hold it or let it leak in the building. Once we carried out an experiment: we placed the basalt wool slab right into the tub with water and then put a heavy stone on it to make an experiment more complicated. In the end of the experiment, the edges of the slab got wet but it was still dry inside. This experiment has proved that water doesn’t leak in the building and mould doesn’t appear on the walls if the installation is correct. \n\n\n\n\n\n\nThirdly, basalt is chemically and biologically inert material. It doesn’t burn and doesn’t evolve harmful substances while heating. It doesn’t consist limestone so mice don’t eat it — both your cat and you will be sleeping tight. \n\n\n\nAnd finally, basalt fibre is very durable. It almost doesn’t shrink in difference to glass wool which consists of materials that can get crystallized over some time. The service lifetime of basalt fibre can reach 50-60 years! Just imagine — this is quite enough for you and your children! Warm your house today and it will still be warm and cosy. \n\n\nWe have one more important argument in favour of basalt wool: it perfectly eliminates sounds. You can make parties, listen to music loudly, play the musical instrument and not disturb your neighbours. For your part, you can efficiently “hide” from the noise in your house. The manufacturers of the basalt wool even produce special demonstration cabins: you enter it and all the sounds of the world around disappear. \n\n\n\nThe final important fact about basalt slabs — they are easy to transport because basalt doesn’t shower down. It’s absolutely safe for people’s health and you can easily install it by yourself. \n\n\nPlease take into account that the needed density of basalt depends on the part of the house which is planned to be warmed. The level of density should be less for roofs and mansards. Speaking about walls, the density of basalt wall should be higher. You will be able to relax and enjoy reading a book while lying on the sofa and not be afraid of cold. \n\n\nThe main reason of the high price of the basalt wool in Russia is poorly developed production. Basalt is extracted in the mountains where it’s crushed out into the gravel and then transported to the processing plant. Crushing machinery cost a lot while very few basalt products are produced in our country. BazCoin ( the project of basalt quarry developing in the Arkhangelsk region)  is launching the campaign of selling tokens in December. The raised funds will be spent on buying crushing equipment. In the long term, the company is planning to open its own plant and produce basalt wool. \n\n\nIf you need more information, join our telegram group https://t.me/joinchat/FNPBDA1cZQrOUVD0IP3zhA\nWe wish you a nice week and warm evenings!",
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      "body": "Necessary machinery for basalt extraction\n\nBasalt extraction is a time-consuming and labour-intensive matter. Basalt is a solid and durable high-silicon material. Before the start of its extraction, the cost of investments and the expenditure is calculated.  It consists of a large number of machinery items: crushing facilities, loaders, quarry lorries and excavators. The equipment for the extraction of dense and hard rocks should be prepared.\n\n\n\n\nCrushing facilities \n\nJaw breakers and rotary crushers are used for basalt extraction. A jaw breaker easily deals with materials of 320 Mpa durability and saves up to 30% of work input. It doesn’t produce any noise and dust due to its special construction and small size. Rotary crushers are categorized as an impactor and they perforate with mechanical tension up to 350 Mpa ( for basalt, it varies from 110 to 500 Mpa). These tools consume less energy but their details get aged very soon and need to be changed rather often. \n\n\n\n\n\nLoaders\n\nQuarry works require reliable equipment with low energy and fuel use. Front loaders are the best as they upload, unload and remove fills. Most of the models have a carrying capacity of 5000 kg.  \n\n\n\n\nQuarry lorries \n\nThe best-chosen type of quarry lorry allows reducing the cost of the quarry development. Heavy quarry lorries are more cost efficient — our experience of working in quarries with the forecasted scope of work has proved that. The cost of 1 ore ton transportation is reduced depending on the carrying capacity of the equipment.  The carrying capacity of the lorry must be more than 250 tons. \n\n\n\n\nExcavators\n\nExcavators are divided into two types: dragline and hydraulic. Hydraulic excavators are more often used for opencast mining. They have an advantage over dragline excavators due to the mobility of the working component and power reverse. The both kinds of excavators have the equal power but hydraulic ones are more productive. \n\n\nHowever, this is not a complete list of necessary equipment for basalt quarry development. A thorough and expensive preparation is needed before the start of work. BazCoin option was created to develop a new project of a basalt quarry extraction. We take into account all the important points. \n\n\nThe purpose of the BazCoin project is to raise funds and enter ICO using blockchain technology. It will help to buy all necessary crushing machinery and set it in the basalt quarry in Plesetsk town in the Arkhangelsk region. When ICO project is completed, we will start the fully integrated production of basalt. Follow us to learn more about BazCoin!\n\nIf you need more information, join our telegram group https://t.me/joinchat/FNPBDA1cZQrOUVD0IP3zhA\n\n\n[18.09.2017 Базальт .JPG](https://steemitimages.com/DQmPeafC49fkrrvPgSXGjPRB4HCNwVY7tZjYSUAZBwkcWGA/18.09.2017%20%D0%91%D0%B0%D0%B7%D0%B0%D0%BB%D1%8C%D1%82%20.JPG)",
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  "op": [
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    {
      "author": "waliladeluxe",
      "body": "This is amazing! @bazcoin",
      "json_metadata": "{\"tags\":[\"money\"],\"users\":[\"bazcoin\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "bazcoin",
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      "permlink": "re-bazcoin-ico-benefits-for-real-business-20170928t102751205z",
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{
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  "op": [
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    {
      "author": "johano",
      "body": "@@ -71,8 +71,22 @@\n re real.\n+ I follow you.\n",
      "json_metadata": "{\"tags\":[\"blockchain\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "bazcoin",
      "parent_permlink": "bazcoin-projekt",
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      "author": "johano",
      "body": "Thanks for sharing. Looks good. I like the idea that crypto becomes more real.",
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      "parent_author": "bazcoin",
      "parent_permlink": "bazcoin-projekt",
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{
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    {
      "author": "johano",
      "body": "@@ -82,16 +82,19 @@\n me money\n+ in\n , howeve\n",
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      "author": "johano",
      "body": "Thanks that was very informative. What do you think about Polybius Bank. I put some money, however I have the feeling I lost it. Not many news from Polybius on the net, only some in Russian.",
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      "author": "bazcoin",
      "body": "ICO benefits for real business\n\nToday we decided to remind you what the ICO is and how it differs from other options for attracting investments. If you don’t remember it, of course.\n\n\nWhat is ICO?\n\nICO is considered as an alternative form of crowdfunding, in other words — attracting investors to finance a particular project. This form of investment was born outside the traditional financial system and that’s why it’s so attractive.\n\n\n\nSpeaking about cryptocurrency, ICO (Initial Coin Offering) is the issuance of coupons or tokens. They are created to pay for site services in the future using cryptocurrency. That is a way to bring a new cryptocurrency or asset to the market.\n\n\n\nIt’s worth to notice that unlike IPO (Initial Public Offering), where the shares are purchased, tokens purchased at ICO don’t allow the investor to be entitled to a share in the company. Any investor can receive a certain part of the issue of this new cryptocurrency at his disposal. As the currency is popularized, an investor can earn on the growth of the price of the token. The beauty of it is that such investments can bring the profit which is 5 or even 10 times more than the initial costs.\n\nLegal Aspects\n\nUntil recently, there were only two ways of attracting financial resources, excepting their own investments: a bank loan against assets that doubles the borrowed amount, or the help of an investor who was interested in gaining a considerable share in the business. Such a share usually turned the initiators of business not into owners, but actually into managers. \n\n\n\nUnfortunately or fortunately, at the legislative level, the blockchain is not regulated in any way. As for the risks for depositors, they are standard, just like in any business: currency fluctuations at the exchange rate, failures within business processes. However, work on developing the effective blockchain-based solutions for the real sector of the Russian economy has already been launched. As an acknowledgement, we can recall cooperation in the field of promotion of Waves and Gazprombank Digital ICO blockchain. The project on developing a non-metallic quarry BazCoin is also negotiating with various law firms on legal regulation. Lawyers offer different options. The idea initiator of the project, Ruslan Okhrimchuk, has already rejected the option of regulation in Russia only. The option with the fundraising in Cyprus didn’t fit also, as, for example, ZrCoin did.\n\n\n\n\n\n\n\nWhat are the benefits of ICO technology for the real sector of the economy? In this case, investments are made through the purchase of tokens, based on ICO blockchain. Investors don’t receive a stake in the company and don't influence management decisions. In this case, ICO is an effective tool to attract the attention of potential investors.\n\n\n\n\nICO founders apply a multifaceted marketing policy and announce the beginning of the collection of the necessary amount of money. When it’s done, we issue and distribute cryptocurrency proportionally to all the investors. In other words, future cryptocurrency is sold for current virtual money.\n\n\n\nThis way many companies, even little-known, raised their funds. Chronobank is one of the successful organizations which have effectively taken advantage of the ICO mechanism and managed to raise $5.4 million.\n\nAs for the real sector of the economy, the farms \"Kolionovo\" and \"Family Capital\" are worth to mention. “Kolionovo” raised over $500 000 thanks to ICO. “Family Capital” is the leader of the cooperative movement in Russia and they have recently announced about the issuance of their own cryptocurrency. In such projects as, for example, banancoin, sandcoin, bazcoin the token price is related to the real price of the product. In our case, bazcoin will be related to basalt price, which is being extracted in the Arkhangelsk region. \n\n\n\n\n\nWhy is ICO becoming more and more popular?\n\nICO is often run at the early stage of the projects, long before the project infrastructure is completed. The raised money is used to finance the final stage of development. This is one of the easiest and most effective ways for companies to raise funds for cryptocurrency.\n\nDuring the ICO, the project allocates a certain number of coins, which are sold to investors at a fixed price, and the cost doesn’t change during the entire process of fundraising. The more coins will be bought in the process, the higher will be the price at the start of trading on the stock exchange. There is a high probability that investors will be able to sell the purchased tokens very profitably immediately after the ICO.\n\n\n\n\nIs it profitable to invest in ICO?\n\n\n\nFirst of all, it is the support of an interesting project, assistance in its development.\nIf the project \"takes off\",  it will be very easy to get profit by reselling the tokens. Tokens will be sold at a higher price after the end of the fundraising, during the trading at the stock exchange.\nYou can use tokens for an intended purpose and receive the claimed services at a lower price. For example, you can buy 5 cubes of basalt and fill a garden or a road to it with it. \n\n\n\nHow can you be sure that the \"soap bubble\" will not burst?\n\nIt is possible that the creators of the project have got only one goal: to collect money and ride off into the sunset. As it often happens to the new trends, it is easy to face unscrupulous players in the world of ICO.\n\n\nThere are no laws which regulate the running of the ICO directly — although the major world powers are in an urge to control this area very actively as well. Recently, ICO was banned in China, and before that, in July, the US Securities Commission also imposed strong restrictions. Many projects make an automatic ban on the purchase of their tokens for American citizens. This is a transaction based only on trust by the buyer. The project you’ve chosen may not survive till the stage of the product production and turn into a complete disappointment for you. Moreover, the ICO can be run for a project no one was going to develop.\n\n\n\nHow to choose a trustworthy project and not to lose your money\n\nThe variety of different ICO may easily confuse potential investors. It’s really hard to choose because everyone wants to invest finances in a project with good prospects. First of all, you need to study the sale agreement carefully (Token Sale Agreement).\n\n\nLet’s highlight the main traits of project founders’ good intentions:\n\n\nClean reputation of the people working on the project.\nCompetently composed whitepaper as well as the other documentation.\nThe company must be officially registered.\nReady-made project work plan and",
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      "author": "bazcoin",
      "body": "The interview with the founder of BazCoin coming soon!\n\nBazCoin is one more unique ICO project related with extraction industry; the project is grounded by a real product - basalt. This rock material is in demand in various industries and is extracted in special basalt quarries. The output comes as a high-grade gravel, widely used in construction industry and also fine fraction basalt which is processed into basalt twisted yarn, fabric, fittings, moldings, composite material, fire-resistant insulants and even women's accessories.\nOur correspondent Julia Kuzmina interviewed the founder of BazCoin Ruslan Okhrimchuk and found out some details about the project launch, its background and the development of the project in the nearest future.\n\nYou will learn from the interview:\n\n· how Ruslan came into this business and what has he done before;\n· what is a basalt quarry in Arkhangelsk region and why it needs funding from investors;\n· why it was decided to launch the ICO, what are the ICO's features and advantages;\n· how much funds it is planned to raise and if the project is profitable for investors\n· and also something else, which we will keep secret so far!\n\n\nExpect some interesting details from Ruslan Okhrimchuk in BazCoin communities in the coming days. Do not forget to share the information about the project with your friends and partners!",
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      "author": "steemitboard",
      "body": "Congratulations @bazcoin! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@bazcoin) You published your First Post\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@bazcoin) You got a First Vote\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "author": "bazcoin",
      "body": "The interview with the founder of BazCoin coming soon!\n\nBazCoin is one more unique ICO project related with extraction industry; the project is grounded by a real product - basalt. This rock material is in demand in various industries and is extracted in special basalt quarries. The output comes as a high-grade gravel, widely used in construction industry and also fine fraction basalt which is processed into basalt twisted yarn, fabric, fittings, moldings, composite material, fire-resistant insulants and even women's accessories.\nOur correspondent Julia Kuzmina interviewed the founder of BazCoin Ruslan Okhrimchuk and found out some details about the project launch, its background and the development of the project in the nearest future.\n\nYou will learn from the interview:\n\n· how Ruslan came into this business and what has he done before;\n· what is a basalt quarry in Arkhangelsk region and why it needs funding from investors;\n· why it was decided to launch the ICO, what are the ICO's features and advantages;\n· how much funds it is planned to raise and if the project is profitable for investors\n· and also something else, which we will keep secret so far!\n\n\nExpect some interesting details from Ruslan Okhrimchuk in BazCoin communities in the coming days. Do not forget to share the information about the project with your friends and partners!",
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