In 2008 an expansion for the use of rhodium saw its price increase to almost $10,000 per troy ounce. The jump in price was in large part due to the difficulty in increasing the production of the valuable element.
The sharp increase in rhodium is hardly unique. While the market for valuable chemicals is not something the general public is typically aware, it is a large and lucrative market.
In the past decade the demand for isotopes of valuable chemicals and risen sharply. These valuable chemical elements are rarely found in nature and the extraction methods used are not keeping pace with demand.
Nuclear technology is one method for obtaining these chemicals through nuclear transformation. The challenge with this method is that it is expensive and their are environmental concerns surrounding its use.
A second method is Low-Energy Nuclear Reactions (LENR) which is the transformation of chemical elements within their natural environment using lower amounts of energy. LENR has made strong advancements since the beginning of the 21st century. The technology has now developed to the point where it is able to realise its possibility of turning inexpensive elements into valuable chemical elements and isotopes.
Synthestech is a new startup which wants to help to realise the potential of LENR technology. To do that it is raising funds through a token generation event (TGE). The TGE will see the creation of a new Synthestech token with the symbol STT.
STT has been created on the Ethereum blockchain. STT will be a divided token providing holders with the right to up to 36% of the profits of ST Global inc which is the company using Synthestech technology.
You can learn more about the Synthestech TGE by visiting:
Facebook : https://www.facebook.com/synthestech.
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;у=1818730.