website : https://www.moonlite.io/
Summary
MoonLite Mining aims to add value to all token holders by employing the latest technology,
rolled out in the most efficient manner, and run by the most suitable team in order to meet
and exceed all performance and growth targets. MoonLite will embrace youth, technology, fun, and aims to be a preferred employer of the best talent available. MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract.The company will be highly capitalised, and highly liquid, while generating a significant operational profit under an effective and goal orientated management team.
rolled out in the most efficient manner, and run by the most suitable team in order to meet
and exceed all performance and growth targets. MoonLite will embrace youth, technology, fun, and aims to be a preferred employer of the best talent available. MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract.The company will be highly capitalised, and highly liquid, while generating a significant operational profit under an effective and goal orientated management team.
How it works?
The proceeds from mining operations will be split as follows:
1. Liquidating a percentage into fiat currency to cover operational costs, ad-hoc re-investment into operations, and to engage in other crypto & blockchain investment opportunities.
1. Liquidating a percentage into fiat currency to cover operational costs, ad-hoc re-investment into operations, and to engage in other crypto & blockchain investment opportunities.
2. Retaining a certain percentage of crypto-currency, to be kept in cold storage for the appreciation and investment value. A smaller percentage will also be traded by a highly experienced team of in-house crypto-traders to maximize returns.
3. Retaining a certain percentage of crypto-currency to be used for planned equipment purchase and expansion.
The ratio will be placed to a vote by token holders on a quarterly basis, but will begin with a 60:20:20 split. All voting will be executed by secure.vote, a decentralized blockchain governance voting system.
Advantages
Strength will be attained in introduction and maintenance of security and redundancy
measures:
● Multiple stable currencies mined
● Multiple pools managed, as well as local nodes
● Multiple power supplies and internet connections
● Multiple mining sites
● Backup servers
● Multiple hot and cold storage wallets
● Backup PSU’s, hardware, and systems
measures:
● Multiple stable currencies mined
● Multiple pools managed, as well as local nodes
● Multiple power supplies and internet connections
● Multiple mining sites
● Backup servers
● Multiple hot and cold storage wallets
● Backup PSU’s, hardware, and systems
The company aims to continue mining high value, proven and stable currencies with the
view of turning some of the mined currencies into fiat currency, while retaining the balance
in crypto-currency for the purpose of expansion and investment value. The opportunity to profit from mining comes from an ever increasing demand for cryptocurrency, and the accessibility by way of dozens of platforms coupled with the capability to mine a significant amount of crypto currency that may be sold on to the consumers and traders.
view of turning some of the mined currencies into fiat currency, while retaining the balance
in crypto-currency for the purpose of expansion and investment value. The opportunity to profit from mining comes from an ever increasing demand for cryptocurrency, and the accessibility by way of dozens of platforms coupled with the capability to mine a significant amount of crypto currency that may be sold on to the consumers and traders.
Token sale
MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract, created to run on the Ethereum ecosystem.Moonlite will allocate 35% of its annual corporate profits to buying back MNL tokens at a premium rate.Tokens that are repurchased are “burned” and removed from circulation. This will increase the value of existing tokens still in circulation. Tokens are freely transferrable on a public exchange.Team tokens are in lockup for 180 days, providing security and commitment to investors.
Moving Forward
Critical Success Factors and Assumptions
● The company needs to continuously update equipment increase or maintain the
available hash-rate to keep up with rising mining difficulty levels.
● Income is based on the business keeping up with rising difficulty levels of volatile
currencies such as DASH. The risk is offset by mining stable currencies such as BTC,
however focus on maintaining constant income levels will need to be primary
● Maintaining a cost effective energy supply
● Keeping costs as per the cash flow projection/budget
● Overall equipment uptime at 90%+
● Additional equipment after phase 1 will be purchased with mining proceeds only
● Maintaining a healthy available cash surplus
● The company needs to continuously update equipment increase or maintain the
available hash-rate to keep up with rising mining difficulty levels.
● Income is based on the business keeping up with rising difficulty levels of volatile
currencies such as DASH. The risk is offset by mining stable currencies such as BTC,
however focus on maintaining constant income levels will need to be primary
● Maintaining a cost effective energy supply
● Keeping costs as per the cash flow projection/budget
● Overall equipment uptime at 90%+
● Additional equipment after phase 1 will be purchased with mining proceeds only
● Maintaining a healthy available cash surplus
Moonlite Missions
MoonLite mining aims to add value to all token holders using the latest technology, launched in the most efficient manner, and run by the most appropriate team to meet and exceed all performance and growth targets.
MoonLite will embrace young people, technology, fun, and aim to be the best talent-making company available. We embrace Blockchain Technology, and will continue to advance companies and teams in parallel.
MoonLite will embrace young people, technology, fun, and aim to be the best talent-making company available. We embrace Blockchain Technology, and will continue to advance companies and teams in parallel.
We invite you to make history in crypto currency and mining space by investing in the creation of one of the largest and most unique mining farms in the world. That The uniqueness of our mines will help us resolve a number of mining issues, such as cooling, power consumption and the construction of capital facilities. MoonLite will publish MoonLite Tokens (MNL) through an audited and tested smart contract.
Mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions and a mining rig is a colloquial metaphor for a single computer system that performs the necessary computations for mining.This ledger of past transactions is called the block chain as it is a chain of blocks.The block chain serves to confirm transactions to the rest of the network as having taken place.Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.
Mining is intentionally designed to be resource-intensive and difficult so that number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work to be considered valid.This proof of work is verified by other Bitcoin nodes each time they receive a block.Bitcoin uses the hashcash proof-of-work function.
The MoonLite Project will operate in the Crypto-Currency Mining space, and plans to begin by mining predominantly Bitcoin,Bitcoin Cash,DASH & Litecoin on an industrial scale.Operations are set to begin in August 2018,and aims to be in time,one of the larger global crypto-mining companies.We will establish our data centres in countries where the contractual electricity supply is clean & green,reliable,costs are the lowest,and that are politically stable.Our first data centre is planned to be in the country of Iceland,where the average tariff for an industrial connection is around 0.045 USD per kWh.We have the best operational team to oversee and maintain effective operations of our data centres,and we have the most experienced and qualified board of advisers to assist in planning and executing a smooth launch.We are very selective of who we invite to be part of our team, and only engage with the best talent.MoonLite will combine a number of emergent technologies and systems that will work in synergy to maximize the profits and efficiency of large scale cryptomining.Visit to website https://www.moonlite.io/
The MoonLite Project aims to add value to all token holders by employing the latest technology, rolled out in the most efficient manner, and run by the most suitable team in order to meet and exceed all performance and growth targets.We will only use 100% clean,green,and sustainable energy sources.MoonLite will embrace youth,technology,fun,and aims to be a preferred employer of the best talent available.We embrace Blockchain Technology,and will continue to advance the company and teams in parallel.
The proceeds from mining operations will be split as follows :
• Liquidating a percentage into fiat currency for operational costs and traditional investments,ad-hoc re-investment into operations,and other crypto & blockchain opportunities
• Retaining a certain percentage of crypto-currency for the appreciation and investment value through,investment in a number of crypto-hedge-funds,and investment though other traditional investment channels
• Retaining a certain percentage of crypto-currency to be used for planned equipment purchase and expansion.
• Liquidating a percentage into fiat currency for operational costs and traditional investments,ad-hoc re-investment into operations,and other crypto & blockchain opportunities
• Retaining a certain percentage of crypto-currency for the appreciation and investment value through,investment in a number of crypto-hedge-funds,and investment though other traditional investment channels
• Retaining a certain percentage of crypto-currency to be used for planned equipment purchase and expansion.
Strategy Moonlite
- Mine the largest and most stable currencies using the most efficient equipment
- Mine on an industrial scale and capitalise on the economies of scale and proportionately reduced overhead costs
- Aggressive expansion and equipment replacement policy
- Mining in several pools, and local in-house nodes for each currency
- Power and HR costs kept to a minimum mining in areas with low power cost
- Redundancy built into every system
- Proceeds split into a 60:20:20 ratio
Strengths and Core Competencies,strength will be attained in introduction and maintenance of security and redundancy measures:
- Multiple stable currencies mined
- Multiple pools managed as well as local nodes
- Multiple power supplies and internet connections
- Multiple mining sites
- Backup servers
- Multiple hot and cold storage wallets
- Backup PSU’s, hardware and systems
We are a blockchain company and believe in 100% public transparency.All operational,investment,and executive decisions are sent to public vote,where token holders have the last say.Additionally,all financial,cryptocurrency,and trading records will be independently audited on an annual basis,with the results are published publicly.MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract, created to run on the Ethereum ecosystem.
Roadmap
2017
February 2017 — Concept and Business Plan Development
24 November 2017 — White Paper Release & Pre-Swap Opens
30 December 2017- Pre-Sale Phase 1 Begins : 100%-300% Token Bonus
2018
10 January 2018 — Smart Contract Audit Completed by ‘Smart Dec’
31 January 2018 — Pre-Sale Phase 1 ends at 23:59 GMT ~ Pre-Sale Phase 2 begins : 50% Token Bonus
28 February 2018 — Pre-Sale Phase 2 — Ends at 11:59 GMT
28 February 2018 — ICO Opens — 50% Bonus During First 12 hours
15 March 2018 — ICO Closes
02 April 2018 — Begin Data Center Construction and Fitting
02 July 2018 — Mining equipment to arrive and be installed
01 August 2018 — Data Center to officially open and commence operations
The ICO launches on 28 February 2018 at 12:00 GMT and ends on 15 March 2018 at 12H00 GMT
Token MoonLite (MNL)
Token MoonLite (MNL)
Token Name: MoonLite
Token Symbol: MNL
Standard token: Ethereum ERC20
Token Swap Price: 0.002 ETH = 1 MNL
1 ETH = 500 MNL
Target Swap Token: Maximum: 70,000,000 MNL
Token Symbol: MNL
Standard token: Ethereum ERC20
Token Swap Price: 0.002 ETH = 1 MNL
1 ETH = 500 MNL
Target Swap Token: Maximum: 70,000,000 MNL
Bonus: 50% Bonus in first 12 hours.
Lock period: 180 days locking period for team
Token Swap timeline: Start Date: 28/02/2017 (GMT 12:00)
End Date: 15/03/2017 (GMT 12:00)
Stock Exchange: Ether Delta
Lock period: 180 days locking period for team
Token Swap timeline: Start Date: 28/02/2017 (GMT 12:00)
End Date: 15/03/2017 (GMT 12:00)
Stock Exchange: Ether Delta
- Phase 1: Ends at 23:59 GMT on 31 January 2018
Minimum Contribution: 0.5 ETH to qualify for the 100% token bonus. Any amounts less than 0.5 ETH will still receive their tokens, but will receive a 50% token bonus - Phase 2: Ends at 00H00 GMT on 01 March 2018
Minimum Contribution: 0.5 ETH - Phase 3: Ends at 12H00 GMT on 15 March 2018
Minimum Contribution: 0.5 ETH
You can make your contribution quickly, easily and securely via our Sales Portal https://sale.moonlite.io/
Bonus For Investor - Phase 1: 100–300% Token Bonus (01 December 2017 to 31 January 2018)
- Phase 2: 50% Token Bonus for first 12 Hours (28 February 2018 @ 12H00 GMT to 29 February 2018 @ 00H00 GMT)
- Phase 3: 0% token bonus (ICO ends on 15 March 2018 @ 12H00 GMT)
Distribution Token3% Bounty
5% team
5% developers and advisers
17% Presale
70% of the issued Tokens to be sold during the actual Token Swap Campaign
5% team
5% developers and advisers
17% Presale
70% of the issued Tokens to be sold during the actual Token Swap Campaign
Capital Distribution
After the ICO the token will be listed on public cryptocurrency exchanges.Besides trading at will,each token holder will be able to sell any amount of tokens they wish (provided you own them) on the MoonLite buyback program at the current market value + the equivalent of their share of 35% of the corporate Net Profits,No tokens will be created after our ICO
Moonlite Team
For more info click the links below:
Author
My Bitcointalk username: rezqiano
My Bitcointalk username: rezqiano
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