Phase 1 – Donations

Please Consider Donating

Nov. 11, 2017  We are seeking your donations for Phase 1 of our 2-part funding round. Phase 1, which has a goal of reaching $10k, is solely designed to get us to Phase 2 with the confidence to seek funding of $200,000. This is not something we can achieve by accident. Zaug Stoves has been dormant for the last two years, as we talked to investors and tried to figure a way to raise this incredible amount of money. We think we have found the solution, however, we have exhausted our own personal funds to get this far. We are hoping that you, our friends and supporters, can help us.

PHASE 1 – Goal of $10,000

Hunter Green and Metallic Black Trim
Hunter Green and Metallic Black with a clear coat

The Phase 1  goal is set to $10k. These funds will go towards the programming, implementation and server costs for a Digital Token Sale. Using digital tokens will enable us to raise the large amount needed in Phase 2. The platform is designed to handle large amounts of money, easily. The success of this initial phase is crucial to the success of raising the ultimate goal of $200,000.

What is a Digital Token?

A digital token is a tradeable asset that can be used as a currency, a representation of an asset, a virtual share, or anything at all. We will be creating a digital token by using the smart contract feature on the Ethereum Network. These tokens use a standard coin API so the contract will be automatically compatible with any wallet, other contract or exchange also using this standard.

How Will a Digital Token Help Us Raise Money?

When Phase 2 begins, friends, enthusiasts, and investors, will be able to purchase a digital token, helping to reach the funding goal. Initially the value of the token will be set near $1 with a prelaunch price offered to you, our subscribers and friends, first. The value of the token may increase or decrease, upon the start of Phase 2,  depending on supply and demand. The long term plan is for the tokens to be redeemable at Zaug Stoves and their partners, towards the purchase of products. However, the tokens can also be traded on the open market as well.

We feel that this is not only fair to our donors and investors, it’s also a way to get our product manufactured and produced on a global scale.

We Need Your Help!

If you would like to help us reach our goal of $10,000, please use this donation form below.

Thank you for taking the time to read this. With your help, we will finally pass the certification and begin the journey. If you have any questions, please contact me at august@zaugstoves.com

DONATE HERE

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Donation Total: $10.00