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About iAqua
EXPANSION OF A SUSTAINABLE FRESHWATER AQUACULTURE FACILITY
We are an Australian based company seeking to raise funds from the issue of Aqua Tokens (AQUAX) through the smart contract system, deployed on the Ethereum blockchain.
The purpose of this ICO is to use these funds to scale production, and move iAqua beyond the current start-up phase. The Project is to expand and scale up sustainable freshwater aquaculture facility to supply Murray Cod - a premium value fish in Australian and selected export markets.
This opportunity is being driven by three key elements that together make a powerful and compelling case to invest in Aqua Tokens. Simply put, the world needs more and more fish to eat. Where are they going to come from? The answer is farmed fish and not those caught from wild stocks, suffering from depletion.
This increasing demand for fish is a global mega trend that represents a huge opportunity for aquaculture companies such as iAqua. Combined with a superior product in the form of the iconic Australian Murray Cod fish species, and the deployment of proven sustainable production technology puts iAqua on track for success.
Roadmap highlights
Early 2015 - Trial Recirculating Aquaculture Facility to grow Murray Cod to plate size is installed.
February 2018 - The company (ALL T&A CONSULTING PTY LTD trading as iAqua) has successfully applied for a A$ 205,000 grant with the Australian Commonwealth Department of Industry, Innovation & Science, under the Regional Jobs and Investment Packages (RJIP) program. See list of list of successful applicants here: Regional Jobs and Investment Packages (RJIP), New South Wales, South Coast grant recipients.
Key benefits for investors
Invest in a sustainable industry, with low environmental impact and which is growing in line with key global trends.
In-door Recirculating Aquaculture has an extremely low environmental impact compared to other types of agriculture:
- Very efficient use of land (much greater production capacity per acre) results in extremely low footprint compared to other types of agriculture.
- Doesn’t produce any harmful or dangerous wastes.
- Doesn’t cause agricultural land degradation.
- Very efficient use of water.
Our project also leverages several Mega Trends that will dominate the 21st Century: growing population and broader distribution of wealth caused by rapid economic growth in China and most of East Asia, generating growing demand for premium quality food. Also, the share of world seafood produced by wild catch is shrinking.
Invest in a business located in Australia
Australia has a stable political system, strong rule of law, with enforceable contracts, and therefore low investor risk.
In a Transparency International's 2016 Corruption Perception Index ranks the country 13th place out of 176 countries, similar to Canada and Norway.
Robust regulatory framework ensures quality standards are followed.
Australia has an extremely low concentration of industry, and a clean environment free of contaminants. Australia is renowned for its premium quality agricultural produce.
Buying tokens at a discount
Aqua Token price is going to be linked to the price of one tenth of 1kg of Murray Cod sold by iAqua. We set the ICO listing price of the token to A$1.40. This includes 16% discount from the average farm gate price (A$ 16.57 per 1kg) of Murray Cod in 2016/2017 financial year.
Receiving dividends
We aim to transfer 100% of the company distributable profit to the Dividends and Token Redemption payouts to token holders on a yearly basis. We forecast that Return on Investment (ROI) for token holders can be up to 52%, within 24 months of the Project’s completion.
Redeem your tokens
Every token holder can request to sell their tokens back to the company (redeem). The redemption price will be set to one tenth of the average price of 1kg of Murray Cod sold by the company during the last financial year. The redemption will happen once every year during profit distribution. A maximum of 20% of distributable profit goes towards redemptions. All redeemed tokens are destroyed. The requests for payout queue up. Any unredeemed tokens will be redeemed during the next distribution round.
Trade on exchanges
The tokens can be traded or transferred after ICO completes successfully.
Your investment is protected
Your investment will be refunded in case the ICO is under-subscribed and raises fewer funds than the minimum amount (Low funding goal) required for the project to go ahead.
As a token holder you will be able to sell the tokens back to the company for a price which is linked to the company’s produce sales price