NEW NIRE VALUTION
About Nire Token
Nire is a revolutionary asset-backed DeFi token that specialises in the sale of Nichrome (nickel wire), a major component sought out across the healthcare, automobile and aerospace industries. With growth in demand accelerating to over 150% in the last 5 years alone, Nichrome proves to be an attractive commodity with ever-increasing demand as we collectively advance into the dawn of a new technological era.
Growing Your Savings
Nire is the go to option for safe yield growth in the Crypto and DeFi markets. Many investors convert and hold stable coins such as USDT that are stable but do not give any growth or value for holding. Let Nire become your option to safely hold your tokens and gain yield, whilst you wait for the next 1000x token.
What is Nichrome
Nichrome, otherwise known as Nickel Wire, is an alloy made up of nickel and chromium (typically an 80/20 blend). Nickel Wire is an integral component of all modern electronics and has a very wide range of potential uses, from aviation to nanotechnology to everyday household items such as toasters.
First patented in 1906, Nickel Wire has been around for a long time, but Nickel Wire measuring at just 0.025mm in width is a relatively new material which comes with a huge range of potential applications.
“I’d just like to re-emphasize any mining companies out there, please mine more Nickel… Wherever you are in the world, please mine more Nickel and … go for efficiency, obviously environmentally-friendly Nickel mining at high volume. Tesla will give you a giant contract for a long period of time, if you mine Nickel efficiently and in an environmentally sensitive way.”
– Elon Musk
Where is Nichrome used?
Another promising use for Nichrome is in the development of Artificial Intelligence. 83% of businesses say AI is a strategic priority for their businesses today. All electronic-based AI will depend on a stable flow of Nichrome as the main heating element and resistor.
The most promising use for Nickel Wire is within the Electrical Vehicle industry. Without Nickel Wire, there can be no Electric Vehicles. With the EV market increasing at 29% per annum, the demand for a resistor as stable and efficient as Nickel Wire is forecast to boom.
An Asset-Backed Token
Partnering with Red Matter Capital, we have developed an asset-backed token that securely connects the physical asset of Nichrome directly to its owners, making it easier for investors to make and monitor their investments. In addition, with the ability to stake their tokens, investors will have an opportunity to capitalise on the market growth.
Relying on blockchain technology improves communication between a company and its shareholders. A security token is capable of having the owner’s rights and legal responsibilities recorded directly onto the token (which the public can view), generating an immutable record of ownership.
A key feature of a digitized asset is that they are highly divisible, boosting liquidity by reducing the expensive minimum investment amounts and periods. This opens up the world of trade to a far wider pool of investors than traditional methods of trade.
More Efficient Transactions
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Safi Qurashi is a serial entrepreneur, the founder of several successful startups and the owner of GB Island in the Dubai World Islands.
A seasoned professional with over 20 years of commodity trading experience.
Seasoned Marketing officer with over 25 years experience in Marketing and Branding. Former Director of Downtown Designs, generating over $15m in commercial revenue, 3m in sponsorship revenue. Former Editor in Chief of Harper’s Bazaar Interiors.
Sameer was an early investor in various cryptocurrencies, including Bitcoin and ADA. Through his experiences in both personal and corporate crypto investments, Sameer is well-versed in digital wallet management and exchange-based risk assessment
Jaasir Ali has had early experience in the growing blockchain industry and has over 5 years of experience in helping technology companies Brand and Market themselves to a wider audience.
Former Art Director at some of the leading marketing & branding agencies in the UAE Former Head of Design at Bubblegum Creations. Freelance Illustrator and Design Contributor for various philanthropic projects around the world. NFT Artist, Collector and Investor
Farha Musa is the Founder of Ajna Consultancy – a bespoke business development consultancy service for entrepreneurs and start-up companies. With over 20 years of experience in Investment Banking and Business Development.
Rajpal is an experienced designer and also the co-founder of his own brand development agency RA Republic. He specializes in using his creative skills and background in economics to come up with strategies which has let him work with many influential celebrities and corporations.
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