The BactoAlarm project plans to attract investments in the amount of 100 million Swiss Francs through the issuance of 4 million BactoCoins at the price of 25 CHF/BTN. The value of BTNs will grow accordingly to 25% of the company’s profit from the sale of its sensors. BactoCoins will be redeemed by the company from the moment the company starts generating profit, for the value of the 25% profit accumulated at that time.
The mission of BactoAlarm® Bio Sensor is to ensure the safety, quality, intelligence and sustainable packaging of food and drugs for producers, consumers and governments.
Objectives
Reduce food safety risks associated with bacteria outbreaks or, in other words, prevent people from being poisoned by contaminated food.
Provide consumers with greater knowledge of what they eat and increase aware ness of competent retailers.
Bring change to the obsolete food analyzing system, with a smart, simple, easy and cost-effective method of identification.
Provide a useful means of overcoming the problems of global food waste and food poisoning.
Become the number one criteria for certification bodies, in order to ensure food safety for everyone.
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First lab tests conducted; colour changes observed.
2
2010
Spanish patent obtained by the University of Zaragoza.
3
2011
iPak AG founded
University searched for investors
Contract signed between the University of Zaragoza and iPak AG
Searched for suppliers of ingredients.
4
2012
Contract signed between FELBER&PARTNERS AG and iPak AG.
The base material for the sensor was found; further tests conducted.
5
2013
Samtack (Spain) engaged in industrial development and testing
Negotiations with potentially interested parties took place, including some major European retailers; NUTRECO (Netherlands) showed high interest in the sensor development.
6
2014
Discovery Flexibles (Scotland) engaged in multi–layer sensor development.
7
2015
Sensor greatly improved and altered from initial concept
8
2016
Industrial test conducted with Nutreco; positive results were obtained.
Working towards improvements of BactoAlarm®.
9
2017
Solutions for improvements were found; lab tests began before the next industrial test with Nutreco.
41 patents obtained, certificate of compliance with EU markets obtained, trademark was registered, value adding chain was conducted, and potential buyers are waiting!
Preparing ICO launch for BactoAlarm® Bio sensor
October/December – Promoting the project; introducing the concept to prospective partners
14–23 December – Token offering
10
2018
Test with Nutreco to be conducted (Positive results will lead to final real–life testing with customers).
11
2019
Form a social education network.
Product launch and mass production.
12
2021
Company will start to generate profit; cashing back of coins will be announced.
Horizontal integration into the product line.
