Rarx Ico Review: World’s First Cryptocurrency – Based Fund.

About Rarx Ico

Rarx Ico project will start soon and will tokens will be issued through Unicrypt; Audit and KYC will be verified by Solidity Finance. The listing will happen on Panckeswap . Right Now All The Community is Organic and comprised of early investors and hodlers. The Main Purpose Behind RARX Token Is To Revolutinize Rare Earth Elements Market with a De-Fi Fund whose Token That Operates On The Binance (BEP20) Services.

Rare Earth Element are the future of all technology in the world and nothing can work without Rare Earth Elements be it Mobile Phones, 5G, CT scan, PET Scan, TVs, LED Lights, Cars, Missiles, Fighter Aeroplanes, Submarines and whatever high-end technology comes to your mind; nothing can work without them.

Rarx Key Information

Problems & Solutions

Rarx earth Metals Market size was valued at around USD 14 billion in 2019 and will reach USD 25 billion by 2026 CAGR of 20% per annum. They can reach a m-cap of $100 billion within 4 years based on the current market trends of Rare Earth Elements.

Problems

For a strategic product with importance equivalent to nuclear materials the production is highly dependent on China which controls over 90% of the global production of rare earth elements. The increasing Electric Vehicle (EV) sales, Smartphone Sales and high-end defense technologies like stealth, smart bombs ensure that the demand will increase at a much faster rate than ever and the prices will double every three to four years. Looking at this scenario it becomes a market ready to be exploited with every major country looking for alternate supplies.Read More

Solutions

Rarx Ico using De-Fi and crypto based funds which ensure transparency and change the paradigms in the Rare Earth Elements industry. There are reserves of Rare Earth Elements in Africa, Indonesia, Australia, India and lots of other countries but they remain unexplored due to various socio-economic reasons. Rare Earth Opportunity Fund will ensure exploration in these countries and invest in high quality and distressed mining and refining companies to get the maximum profits at least cost.

RARX will also invest in improving the livelihoods of mining communities and help in their upliftment in society. They will also be working on minimizing the environmental impact of Rare Earth Mining and Refining.

Smart Multi-Party Contract

Blockchain is a peer-to-peer and decentralized ledger technology that has the characteristics of transparency, consistency, traceability and fairness, but it reveals private information in some
scenarios. A core problem with this technology is that all users who have joined the blockchain see an identical ledger,making it thorny to handle transactions that rely on confidential data.

Rarx Access control mechanisms are usually used to deal with the privacy requirements of the
associated stake-holders in decentralized networks such as blockchains. This problem of confidentiality has led to a low adoption of blockchain by corporates and they have a solution for this via Secure Multiparty Contract.

Technology

Rare Earth Elements are the future of all technology in the world and nothing can work without
Rare Earth Elements be it Mobile Phones, 5G, CT scan, PET scan, TVs, LED Lights, Electric
Vehicles, Smart Missiles and Bombs, Fighter Air planes, Nuclear Submarines, Stealth/cloaking
technology and every high end technology that comes to your mind; nothing works without them.

Token

Rarx will be using RARX token in two phases with the first phase being focused on the immediate exploration, investing and setting up new refining facilities. Whereas in the second phase of maturity the token will be used for developing ERP for all major players in the Rare Earth
Supply Chain, payment method by all rare earth miners and producers, developing an ecommerce platform for Rare Earth Elements and Development of RARX Wallet.