Businessman Eike Batista, a former billionaire, launched a cryptocurrency to finance the large-scale production of "supercane", a genetically enhanced variety of sugarcane. The EIKE token will be issued on the Solana (SOL) network and aims to raise investments to expand supercane to 70,000 hectares.
Features of the EIKE Cryptocurrency
- Issuance: Solana Network (SOL);
- Purpose: To finance the large-scale production of "supercane";
- Economic model: Revenue sharing starting in 2028;
- Token distribution: 79% locked with founders and stakeholders, 10% available to the market, 10% for buyback and expansion, and 1% to ensure initial liquidity.
Risks and Controversies
- History of Eike Batista: Convicted of crimes against the financial market;
- Investment risks: Dependence on the execution of BRXe's business plan and the adoption of supercane by the market;
- Governance and decentralization: Most tokens remain under the control of the creators;
Experts warn that investments linked to crypto assets require caution, especially when involving projects that do not yet generate revenue. #EikeBatista #Eike