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Odenwaldwerke Rittersbach.

The OWR GmbH (formerly Odenwaldwerke Rittersbach) is a German manufacturer of devices and systems for ABC protection. The company is based in Elztal-Rittersbach in Baden-Württemberg. Its range of products includes detection systems and equipment, ABC protection systems, decontamination systems and customized ABC protection (e.g. Fire Department Hannover AB-Dekon-Z) and it also offers consulting services.

The original company, Odenwaldwerke Rittersbach, was founded in 1947 by Wilhelm Kern and August Großkinsky. It made wooden boxes for equipment and its customers included the allied military forces as well as the private sector. In 1951, the company began to produce tables, chairs and other furniture for living rooms and dining rooms. Its product range has since expanded and it now supplies military and civil protection organizations worldwide.The company’s headquarters are in Germany and it has subsidiaries in Switzerland, Turkey, Bulgaria, Great Britain, Canada the USA and Korea.

In 1980, the furniture construction was outsourced to Elztal-Dallau but it was abandoned for economic reasons shortly thereafter. Since then the company has been dedicated to the manufacture of vehicles and equipment. The core lines of production have included low-torsion flatbeds for lorries and, from the 1980s, all vehicles, as well as equipment for NBC defense and civil protection and electronic brake and control units. The company’s shareholders include Jürgen Fiebig, CEO of OWR GmbH, and the Austrian industry holding company AUSTRO Nexus Holding.

Odenwaldwerke Rittersbach employed 130 people in Rittersbach butbecame insolvent in May 2003, when it was taken over by an investor group founded by OWR AG. The OWR AG advisory board included the Right Hon. Peter Baron Inge (HMAF Field Marshal, ret.), Gen. Klaus Reinhardt (Bundeswehr) and Gen. John J. Sheehan (US Marine Corps). The company was initially held by shareholders but in the spring of 2009 it converted to a limited liability company. With the American military remaining one of its most important customers, the enterprise also attracted orders from the German and other governments. From the fabrication of special crates it moved rapidly towards the production of construction trains and special vehicles, especially for Technical Relief and the Federal Border Police.

It produced articles for the Federal Office of Defense Technology and Procurement, which soon became part of the equipment of the newly founded Bundeswehr (armed forces).

Token Function and Funds Allocation

OWI is an ERC20-based payment token on the Ethereum blockchain (smart contract). Up to 93.33 % of the OWI tokens will be sold during the ICO (Initial Coin Offering) at a starting price of 0.01 $. The 7 – 14 Million USD raised by the ICO will be used to buy components for the company’s products.

ICO investors will have the opportunity to share the company’s success with the subsequent STO (Security Token Offering). All ICO investors will be eligible to receive additional Security Tokens at a rate of 1:2, so investors will receive 1 Security Token for every 2 OWI tokens bought during the ICO. With the Security Tokens, investors will receive a share of the company’s revenue. (More details will be available when the STO opens.)

General Overview

An Initial Token Sale or Initial Coin Offering (hereinafter “ICO”) is when a cryptocurrency project sells a portion of its cryptocurrency tokens to early investors and enthusiasts in exchange for funding. For the party offering the tokens, it offers a proven way to raise funds and ensure adoption of the tokens once they are in circulation and it is a popular way to upscale an existing product or service. For the purchasers of tokens, an ICO provides an opportunity to participate in the early development of a cryptocurrency business. ICOs have grown rapidly in popularity and now account for more startup funding in blockchain-based companies than all venture capital. The massive increase in the value of cryptocurrencies has significantly contributed to the growth of the ICO market over the past years.

The total market capitalization of cryptocurrencies rose from $7 billion in January 2016 to over $261 billion in September 2019.

The value of bitcoins has appreciated nearly 30-fold since September 2013 (when a single bitcoin cost $135 USD), reaching over $4,000 per bitcoin in September of 2017 and upto $20,000 in December 2017. In part, this is due to bitcoin’s position as the most widely known, used and accepted cryptocurrency for payments. Ether has appreciated more than 100-fold since August 2015 (when a single Ether cost $2.83 USD), reaching over $300 in September 2017 and over $ 1300 in December 2017. The increase in valueis partially due to Ether’s role as the core utility token of Ethereum, the most widely used blockchain-based computing platform for ICOs and token sales. ICOs provide a way for early cryptocurrency holders to diversify their holdings in the cryptocurrency. The past year has seen an incredible move by startups and founders towards the use of blockchain technology and tokenized models.

Rather than basing new products on centralized architectures and database structures, companies are relying on blockchain technology for development and innovation, which is helping them instigate new decentralized services and models. A large technical community is working flat out towards a blockchain-based future, with experienced founders of technology companies joining the blockchain movement. A majority of the ICOs now seen are for new companies that are yet to launch their products on the market. By acquiring OWI tokens, investors will benefit from the future success of these companies. A token sale represents a fast, transparent and efficient way to achieve the goals.

The ICO model of business expansion has the following advantages:

• Token sales are a cost-effective way to raise funds;
• ICOs are not only fundraising events but also great marketing opportunities;
• Token sales provide an opportunity to engage with the community and build products in consultation with token holders and experts, delivering products that are best-of-breed.

Total amount raised by all ICOs (in $ mill)

Details of the OWI ICO

SOFTCAP

7 Million USD

HARDCAP

14 Million USD

ICO Price Per Token

1 Cent (USD)

Maximum Token Supply

1.5 billion

Proportion of the ICO Token sale

93.33 % (1.4 billion Tokens)

Tokens Reserved For Team

3.335 % (50 Million)

Tokens Reserved For Referral Program

3.335% (50 Million)

ICO SALE ENDS IN
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PURCHASE TOKEN NOW

OWI Token Distribution

Vision

OWR IANUS is striving to become one of the world’s leading suppliers of high-tech products and goods to the civil and military sectors.

The joint venture of OWR IANUS GmbH and OWR GmbH represents a large industrial partnership that is destined to reach the next level of research and development in the field. The main focus is on the “sniffle project”, SILENOS, a highly complex ABC weapons alert system that will offer protection against nuclear, biological and chemical weapons. The current need for protection is huge and we anticipate an even greater demand in the forthcoming 2-4 years.

Vision

Another highly promising venture is the “ACHERON”project. “ACHERON” is producing a mobile water purification device that works on the basis of reverse osmosis. To date, reverse osmosis has not been sufficiently powerful to clean heavily contaminated water but with the “ACHERON” project OWR IANUS will set a new standard in the industry. OWR IANUS’s purification device can apply sufficiently high pressure to the high-tech osmotically active membrane to convert even heavily contaminated water to drinking water. The reverse osmosis system itself sits in the back of a quad, which can even be driven to crisis areas where the infrastructure has been completely destroyed. OWR’s competitors are so far behind in the development of the technique, so OWR IANUS and its investors are heading for a very bright financial future.

Timeline

ACHERON is already at an advanced stage of development and the start of sales is planned for autumn/winter 2020, when the product’s enormous potential will be revealed for the first time. It will attract enormous attention thanks to its unique selling points, which include its cleaning power and its mobility.

The SILENOS project is somewhat more complex because of the permit and licensing procedures. However, product development is much further advanced than in the ACHERON project. The governmental and civil purchasers are forming a long queue, although the product is not likely to be on sale before 2021. By 2022 at the latest both products will be established on the global market.

The research and development in both projects is nearing completion but would be accelerated by the availability of short-term financial support. After lengthy consideration, OWR IANUS has determined that its aims can best be served by an ICO followed by an STO (see below). We are confident that this will enable the products to be brought to the market and will lead to significant gains for investors and for the company, as well as providing the opportunity to include all ICO and STO partners in the various steps of the value chain.

We anticipate providing initial profits to the investors in the STO in 2022. We are confident that we can work together to create a very safe and well structured business with significant financial gains in the short term. And our products will contribute substantially to making the world more secure and cleaner.

The Roadmap

With the help of our teams, contributors and investors, we hope to reach the following milestones.

Products and Functionalities

The OWR GmbH is developing a new concept for a highly mobile, stand-alone system for water treatment.

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It combines a range of water treatment technologies in a single system and is even able to generate energy.

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The vehicle is light and extremely mobile. It can even be transported by helicopter.

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The time required to set it up and to produce drinking water is extremely short.

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Its logistical burden is low and its operation requires very little manpower.

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The product line of the OWR GmbH also includes DETOSTOP®, an innovative explosion prevention system.

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DETOSTOP® provides extraordinary protection against the explosive combustion or rapidly growing fires in fuel tanks, containers, tunnels or pipelines containing flammable liquids, gases or dust. The system is based on a precision engineered proprietary aluminium alloy mesh. DETOSTOP® acts as a heat sink and its high thermal capacity alloy instantly removes dangerous thermal energy.

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The mesh design instantaneously breaks hot gaseous mixtures down into small volumes. Any flame or explosive process is extinguished extremely quickly and the mesh acts as a physical barrier to fires of all kinds.

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DETOSTOP® works by rapidly removing the energy from a fire or explosion and is thus extremely reliable. Its mere physical presence is sufficient for its effect and it acts WITHOUT any chemical reaction, mechanical involvement or physical consumption of its material.

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Team and Advisors

The OWRIanus team combines a passion for company growth with industry expertiseand a proven record in finance, development, marketing and licensing.

Heiko Vogel
Managing Director of OWR IANUS GmbH
Christoph Steier
Technical Ombudsman of OWR IANUS GmbH

Frequently Asked Questions

Please find a collection of questions about ICO, ICO Tokens, cryptocurrencies and other matters. If you have any other questions, please contact us by means of the form below.

What is ICO Crypto?

ICO Crypto is a unique platform that is secure, smart and easy-to-use. It is revolutionizing the way businesses raise capital.

What is a token?

A token is a digital asset used by ICOs. When investing in ICOs, you purchase tokens that offer the potential to earn profits. Tokens can serve as a surrogate for cash, for a title of ownership or for any other asset.

What is a White Paper?

A White Paper is a technical document that is drawn up in a free format by the ICO team. It generally offers a complete description of the project, giving the underlying concept and presenting its advantages over other similar projects, as well as the team and a roadmap.

How do I add tokens to MyEtherWallet and how can I see them?

(1) Login to your MEW (MyEtherWallet), myetherwallet.com, and click on “Custom Tokens” on the right side of the wallet. (2) In the next step you need to add the contract address, the Token symbol and the Decimals in the pop-up window. Contract Address: 0x2dc15b75fb80a7021197fd7ff65a3d71735ae0f1; Token symbol: OWI; Decimals: 18. (3) Now the tokens you have bought are displayed. They will be manually distributed after the ICO.

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Get In Touch

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