Papusha has one singular but key goal; to improve the ecological situation of the world by solving the problem of oil refinery residues by recycling them. How does this help daily human life? Many at times, these oil residues by oil refineries increase over time. Storing them becomes a problem and eventually, these refineries dump the residues into the water bodies around leading to mass pollution and loss of aquatic life.
The Papusha project is named after the renowned scientist who developed the technology behind the project named Anatoly Ivanovich Papusha. He was a key scientist as at the period of existence of the USSR and has been awarded several times based on his work. In the 1980s, he worked on a new type of combustion for the world’s most powerful rocket engine, which tremendously reduced the emission of CO (Carbon Monoxide) into the atmosphere. The technology he created, however, had other positive applications apart from the carbon reduction; it could process oil residues into other useful forms of fuel like diesel, kerosene and gas.
This particular application of AI Papusha’s technology has proved to be the most useful, mainly because of the several oil residue storages by refineries around the world. The use of this technology will distributionally prevent and enhance two main situations
- Prevention of toxic oil refinery waste into large bodies of water, causing pollution and loss of aquatic animals
- Enhancing the total production and recycling of fossil fuel residues. What can be better than making profits and revenue from what once considered a waste product by your company? The adoption of Papusha technology is visioned to be swift and cause an abrupt disruption, albeit positive, in the fossil fuel industry. This is because of the fact that the current solution on recycling residues takes a lot of money (in the range of tens of millions of dollars) in comparison to profits.
Papusha’s technology is based on a unit, named the PRT unit. These units are small in dimension and size, and can be easily transported from one place to another owing to their portable nature, they are tremendously less costly than other machines that allow for oil residue processing, which will be a great factor for oil refineries rushing the technology once its developed and fully available, it is highly efficient, reliable and brings in greater profit at lower cost to the company. They can also be used by any and every refinery anywhere around the world. The PRT units process the oil residues at very high temperature and at fast speeds to allow for the conversion into the needed materials.
The Papusha token with the symbol, PRT named after its PRT-2 unit, is an ERC20 compliant token. It has a total supply of 100,000,000 tokens. Only75% of the total token supply will be available for sale at ICO. 3,500 PRT tokens will be equal to a single Ethereum coin during and at the completion of the ICO. The hard cap to be reached is 13,500 ETH. There will be no soft cap and the minimum amount of PRT to be bought during ICO is 100 PRT. ICO will run from August to October 22nd, 2018. PRT is built on the Ethereum blockchain.
To get more information about Papusha, visit the links below
Bounty Thread: https://bitcointalk.org/index.php?topic=4880157
Author Username: DJHaywire
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2037035