Osmium, a very rare precious metal: Interview with Senior ICO Management of OiCOIN [2]

Today we talked to Karl Walder, Senior ICO management of OiCOIN, the OiCOiN is an ethereum-based ERC20 token which offers the token-holder a revenue participation of all global crystallized Osmium sale.

You are welcome to read the interview and travel through the expert mindings by yourself:

SatoshiNakamotoBlog : To begin, kindly tell us briefly about you and your experience ?

Karl Walder : My name is Karl Walder. I have been born and raised in Salzburg, Austria. Graduated from high school, went to Innsbruck (Autria) university for studying natural science, began to work for IBM in the early days of computers in the 1980ies. I then went to GSBA Zurich (a post-graduate business school) for getting my BBA and MBA. Began to work as consulter for product development and international marketing. Since then I have been working in these fields with 1 year U.S., 4 years Australia, 3 years New Zealand and 5 years Germany experience in different industries with constant travel-activities to all continents.

I am familiar with marketing and R&D issues as well as corporate finance, production and legal. Always wanted to be the person who could oversee whole projects.

SNB: What is the main idea behind the project OiCOIN and why did you decide to work on it?

KW: Dealing with precious metals for many years – together with my business partner Michael-Karl Gasser we both were thrilled by the idea that somebody really managed to stabilize the last of the 8 precious metals – Osmium. There was always some magic around this element. Being a precious metal – but not being able to use it. Sitting in front of a crystallized peace of osmium is breathtaking. I know the osmium team for many years. When they called that they managed what seemed incredible we came on board immediately.
It is like a bar of thousands of diamonds – shining in the light. It is the new born star in jewelry of the future.
SNB : The core business field of OiCOIN project is global sale of products made of crystallized Osmium, for those who are not familiar with the term; can you tell us more about this?

KW : Osmium as element is incredibly scarce. Imagine a platinum mine in full swing. Imagine 250 trucks full of platinum ore driving to the refinery to get the platinum out – this immense quantity will lead to one ounce (!) of pure osmium. It is the last of the 8 noble metals – and by far the scarcest one. But coming out of a platinum refinery you will find a raw material that is poisonous once it is in touch with oxygen. Only a very specific process under incredible pressures, with a specific gas mixture and over a couple of weeks’ time it can crystallize – and the result is an optical miracle. It is like a bar of thousands of diamonds – shining in the light. It is the new born star in jewelry of the future.

SNB : How is the competition in your segment of the market?

KW : Competition is the luxury jewelry market. People always look for new exotic products, exclusive and rare. People in the 1980ies knew nothing about platinum – and it became a superstar – although there is plenty of platinum in the earths crust. If you mine all osmium on the planet it will only be a cube of 2m side length.

SNB : What are the problems you have identified in the existing competition and what are OiCOIN solutions to these problems?

KW: The problem is that almost nobody knows osmium. The funds collected will be invested in a big marketing and sales campaign nationally and internationally to make the product known. The reason to utilize an ICO is to use the blockchain to share revenue with tokenholders without paying lots of bank fees to transfer money worldwide.

SNB: Are you focused in any specific geographic areas?

KW: Not really. Europe is as important as the Middle East or India. There is a demand for new upmarket products – and people who understand this will understand the charme of the OiCOiN, as it distributes not profits, but revenue shares.

SNB : Who is your target audience?

KW: People who understand that luxury items are one of the most stable industry segments on this planet.

SNB :Tell us about the OiCOIN business model, how does it work?

KW: We want to found “Osmium Institutes” in many different countries worldwide. They are in charge of working with local wholesalers, jewellers, investors, p.r. companies and the press to making osmium a product that will be better known and visible. Once an end user sees and holds a piece of crystallized osmium in his hands, the battle is won – the look is just breath-taking.

SNB:  Is your project already operational and functional? Do you already have customers and/or partners? Who are they?

KW : Yes – the company is already working in Germany and some other countries (Australia, France, Spain, parts of China and some other areas). Luxury watchmakers found osmium stunning and are already using it – like Hublot e.g. Just google Hublot and osmium together and go to the pictures – you will see some really great products.

SNB : What can you tell us about your team? Do your team members have relevant background and experience?

KW : The team members are skilled in very different areas. Most of us have a background of noble metals – from mining to international distribution. There is even on author of a book on gold on the team. Most of us have experience in international marketing and sales. Of course there is also a very strong IT group integrated in the team.

SNB : What are the dates of your ICO and how can we participate?

KW: Please find all details on the website: www.oicoin.io

SNB : What are the funds that will be collected during your ICO?

KW: The funds will be used for setting up marketing and sales infrastructure in different countries, as we need as many representations globally. We anticipate sales from these units fast that they can stand on their own within a few months. Their task is to make osmium popular and find national partners for distribution.

We use an ICO as we need the blockchain to distribute revenue share to token holders - using bank accounts this will mainly feed banks and their fees as international transfer of smaller amounts cost more in bank fees than the actual amount.

SNB : What makes participants want to join you? What do people get in return?

KW: Please have a look at the whitepaper. We anticipate a strong price increase once all osmium is mined – at the moment one kilogram is well over 1.000.000 € - and if products cannot be produced any longer and demand rises, history has always shown that prices can skyrocket. Tokenholders will always get their revenue share – price per kilogram will of course elevate this revenue share substantially.

SNB: Have you talked with any exchanges about their interested in enabling trading of your ICO?

KW: Yes we have – we will make these next steps early 2019.

SNB: Thank you!

 



ABOUT KARL WALDER:
Karl has been working in international marketing and IP projects for many years and oversees legal and project issues of the ICO.







OiCOIN CONTACT:
eMail: [email protected]
Telegram: https://t.me/OiCOiNchat
Twitter: https://twitter.com/OICoinICO
Facebook: https://www.facebook.com/OsmiumInvestmentCoin
Youtube: https://www.youtube.com/channel/UCCvFu7NV3w6iYbMDoNR-nbg
Website: https://www.oicoin.io

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