Project Review USAT
What is the USAT?
The American Association of Scientists of Technology Inc., or USAT, is an Australian based organization utilizing digital currency Utoken. Utoken ICO is scheduled to begin by selling on February 15, 2018.
Basically, by joining the USAT's Utoken token, you are purchasing a portion of the company's intellectual property. The company holds two Australian patents related to the use of solar power. When you purchase Utokens, you are buying a percentage of all current and future patents held by the company.
USAT obtained a patent from an Australian research company called AIHEM.
AIHEM's network consists of 138 associate professors, 65 associate professors, 89 PhD scientists, and 28 MSc technical specialists from more than 50 countries around the world.
That is where the core values of the USAT's intellectual property are: the organization claims to receive "a constant stream of new technology proposals" from AIHEM.
After the USAT received a proposal from AIHEM, the team carefully examined each proposal. They only select proven technical and commercial merits. Selected proposals are funded by USAT Inc. with the goal of creating innovative products.
Finally, USAT will complete a project and introduce it to the market. At this point, this is what happens to the Utoken owner:
USAT will continue its financial cycle by reinvesting profits into new projects from its fixed pipeline supply from AIHEM.
USAT will buy and cancel Utokens's calculated percentage through smart contracts
ICO USAT
USAT is issuing 1.525 billion Utokens. Each Utoken represents the common ownership of all current and future patents and trade secrets stored in the USAT archives.
The token is worth $ 0.04 in the period before the ICO, up to $ 0.20 at the end of the ICO.
The token sale will begin with a pre-sale on February 15, 2018. The ICO is expected to continue until June 15, 2018.
You can contribute to the sale of the token by ETH.
Of the total 1.525 billion Utokens, 50% are being distributed to ICO investors. The remaining codes are for USAT Inc. (35%) and the Fund (15%).
Of the money raised during the sale of the token, 75% will be allocated to product development, including the marketing and development of various USAT patents. The remaining funds will be used for the USAT support group (20% for IT and ICO developers as well as legal, accounting, marketing and PR advisors), marketing (2%) and operations ( 3%).
USAT is seeking to raise $ 76 million (!) Through the sale of token.
AIHEM
One of USAT's main partners is the Australian Institute of High Energy Materials, a thinker, who contributed significant amounts of new technology proposals to the USAT Inc. platform.
AIHEM participates in a large international collaborative network with prominent scientific organizations and prominent individual scientists and engineers. They publish selected scientific papers and research reports in their Research Bulletin and hold international and Australian conferences and seminars.
What kind of patent does USAT own?
USAT claims to have a large archive of other valuable trade secrets and IPs. They also claim that more proposals are going down the AIHEM pipeline on a regular basis.
However, the USAT report shows that the company owns only two patents. Both are Australian patents:
Patent # AU 2017100315:
This patent is "a multi-layered material that converts solar radiation into kinetic energy of a liquid." Basically, it describes a method and device capable of converting solar energy into electricity through a solar wind farm.
Patent # AU 201710410:
This patent mentions "waste heat recovery for co-generation in solar wind farms". This is the product of waste heat from computers and other electronic devices, then converted into electricity.
In general, the official USAT report describes these patents as valuable technology for future electricity generation. They allow customers to reduce their electricity production costs and become fully autonomous power suppliers.
Project Development Team
USAT is led by key members of AIHEM, including Peter Banjanin, Lilia Stamatova, and Dr. Benedict de St. Amatus.
Banjanin is the Honorary President and Founder of USAT Inc. and the Chairman of the Business Development Board of the Academic Board of the Australian Institute for Advanced Energy Materials (AIHEM).
Stamatova is the treasurer of the Management Committee of USAT Inc. She holds a Master of Science degree in Chemical Engineering and Chemistry.
Dr. Benedict de St. Amatus, meanwhile, is president of AIHEM and a reader of the Australian Research Council. He has authored or co-authored more than 80 scientific manuscripts.
In general, USAT Inc. is a non-profit organization based in Queensland, Australia. It is linked to universities, Nobel laureates and more than 300 famous scientists from 50 countries around the world.
Conclude
USAT is an Australian company that holds two patents. These patents are related to the creation of solar energy. Starting February 15, you can purchase Utokens during the sale of the USAT token. Each Utoken represents a percentage of the two patents - as well as all future patents held by the USAT.
USAT received its patent from an organization called the Australian High Energy Materials Institute, or AIHEM, a scientific organization that includes hundreds of experts, doctors and engineers around the world.
Contact Info:
Website: http://usat.io/
Whitepaper: https://usat.io/wp-content/uploads/2018/05/White-Paper-USAT-Inc.pdf
Facebook: https://www.facebook.com/USAT-Inc-606681439671681
Twitter: https://twitter.com/USAT_Inc
Telegram: https://t.me/USATINC
The American Association of Scientists of Technology Inc., or USAT, is an Australian based organization utilizing digital currency Utoken. Utoken ICO is scheduled to begin by selling on February 15, 2018.
Basically, by joining the USAT's Utoken token, you are purchasing a portion of the company's intellectual property. The company holds two Australian patents related to the use of solar power. When you purchase Utokens, you are buying a percentage of all current and future patents held by the company.
USAT obtained a patent from an Australian research company called AIHEM.
How does the USAT work?
USAT Inc has an intellectual property (IP) repository. That IP, as reported by the USAT, includes "legitimate, identifiable, invisible, patent and trade secret".
That IP storage opens for shared ownership. You can buy a piece of property by buying Utokens.
In other words, each Utoken you purchase represents a part of the ownership of intellectual property rights. Utoken is a token of common ownership of all current and future patents and trade secrets stored in the USAT Inc. IP Archives.
What trade secrets does the United States Association of Scientific and Technicians (USAT) hold in its archives? What potential future secrets have?
USAT Inc is also affiliated with an organization called the "High Energy Materials Institute of Australia" or AIHEM. The USAT report describes this as "a professional alliance based in Australia, established in 2009 with the task of facilitating basic scientific research and application towards the extension of knowledge. human."
That is where the core values of the USAT's intellectual property are: the organization claims to receive "a constant stream of new technology proposals" from AIHEM.
After the USAT received a proposal from AIHEM, the team carefully examined each proposal. They only select proven technical and commercial merits. Selected proposals are funded by USAT Inc. with the goal of creating innovative products.
Finally, USAT will complete a project and introduce it to the market. At this point, this is what happens to the Utoken owner:
USAT will continue its financial cycle by reinvesting profits into new projects from its fixed pipeline supply from AIHEM.
USAT will buy and cancel Utokens's calculated percentage through smart contracts
ICO USAT
USAT is issuing 1.525 billion Utokens. Each Utoken represents the common ownership of all current and future patents and trade secrets stored in the USAT archives.
The token is worth $ 0.04 in the period before the ICO, up to $ 0.20 at the end of the ICO.
The token sale will begin with a pre-sale on February 15, 2018. The ICO is expected to continue until June 15, 2018.
You can contribute to the sale of the token by ETH.
Of the total 1.525 billion Utokens, 50% are being distributed to ICO investors. The remaining codes are for USAT Inc. (35%) and the Fund (15%).
Of the money raised during the sale of the token, 75% will be allocated to product development, including the marketing and development of various USAT patents. The remaining funds will be used for the USAT support group (20% for IT and ICO developers as well as legal, accounting, marketing and PR advisors), marketing (2%) and operations ( 3%).
USAT is seeking to raise $ 76 million (!) Through the sale of token.
AIHEM
One of USAT's main partners is the Australian Institute of High Energy Materials, a thinker, who contributed significant amounts of new technology proposals to the USAT Inc. platform.
AIHEM participates in a large international collaborative network with prominent scientific organizations and prominent individual scientists and engineers. They publish selected scientific papers and research reports in their Research Bulletin and hold international and Australian conferences and seminars.
What kind of patent does USAT own?
USAT claims to have a large archive of other valuable trade secrets and IPs. They also claim that more proposals are going down the AIHEM pipeline on a regular basis.
However, the USAT report shows that the company owns only two patents. Both are Australian patents:
Patent # AU 2017100315:
This patent is "a multi-layered material that converts solar radiation into kinetic energy of a liquid." Basically, it describes a method and device capable of converting solar energy into electricity through a solar wind farm.
Patent # AU 201710410:
This patent mentions "waste heat recovery for co-generation in solar wind farms". This is the product of waste heat from computers and other electronic devices, then converted into electricity.
In general, the official USAT report describes these patents as valuable technology for future electricity generation. They allow customers to reduce their electricity production costs and become fully autonomous power suppliers.
Project Development Team
USAT is led by key members of AIHEM, including Peter Banjanin, Lilia Stamatova, and Dr. Benedict de St. Amatus.
Banjanin is the Honorary President and Founder of USAT Inc. and the Chairman of the Business Development Board of the Academic Board of the Australian Institute for Advanced Energy Materials (AIHEM).
Stamatova is the treasurer of the Management Committee of USAT Inc. She holds a Master of Science degree in Chemical Engineering and Chemistry.
Dr. Benedict de St. Amatus, meanwhile, is president of AIHEM and a reader of the Australian Research Council. He has authored or co-authored more than 80 scientific manuscripts.
In general, USAT Inc. is a non-profit organization based in Queensland, Australia. It is linked to universities, Nobel laureates and more than 300 famous scientists from 50 countries around the world.
Conclude
USAT is an Australian company that holds two patents. These patents are related to the creation of solar energy. Starting February 15, you can purchase Utokens during the sale of the USAT token. Each Utoken represents a percentage of the two patents - as well as all future patents held by the USAT.
USAT received its patent from an organization called the Australian High Energy Materials Institute, or AIHEM, a scientific organization that includes hundreds of experts, doctors and engineers around the world.
Contact Info:
Website: http://usat.io/
Whitepaper: https://usat.io/wp-content/uploads/2018/05/White-Paper-USAT-Inc.pdf
Facebook: https://www.facebook.com/USAT-Inc-606681439671681
Twitter: https://twitter.com/USAT_Inc
Telegram: https://t.me/USATINC
Author: (D4ffyduck)
https://bitcointalk.org/index.php?action=profile;u=1176088
Eth: 0x8dA58Af1485e05b431fA10B451a8985D3F18eD7D
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