Greetings MoonLite community,
Moonlite is a blockchain based startup that aims to revolutionize the cryptocurrency mining industry through the development of "green" agriculture.
The company will utilize cryptoes such as Bitcoin, Dash, Bitcoin Cash and Litecoin. This list will be expanded to accommodate more crypto-curency after one year of project functionality.
Moonlite offers a scale of industrial profitability while generating a lower cost for that energy source. 100% of the energy needed to drive a mining farm will be generated using Hydro, Geothermal and Wind power sources. The company will base its first mining operations in the world's data center capital, Iceland. Iceland has one of the most conductive weather conditions for cryptocurrency and eco-friendly power generation. The cold climate of Iceland will act as a natural cooling agent for mining operations, eliminating the traditional need for extensive and expensive cooling infrastructure.
Moonlite will Utilize a number of emerging technologies built on advanced Artificial Intelligence networks and custom algorithms to maximize the benefits and efficiency of cryptomining operations.
Moonlite is logically structured with diligence and professionalism to consolidate the purpose of cryptocurrency mining by using the latest technology. Developed by talented and versatile teams, Moonlite aims to reshape the future of cryptocurrency mining through a 100% environmentally friendly platform.
MNL, The Crypto For Profitable Mining
Token tokens from Monthlite MNL will act as a storage network of values for all users. The ERC20 compatible token is the first of its kind for the cryptomining industry by presenting a unique opportunity to the Moonlite goes public with its own IPO.
Moonlite will also buy back tokens twice every year, allocating 35% of its annual corporate profits to the program. This token will soon be burned, permanently reducing the total 100 million total MNL in circulation. The existing tokens will benefit from destruction because tokens will have an evenly increased growth value.
Instructions on profit allocation and profit management will be obtained from the token holder. This will ensure the highest level of transparency not only revenue generated by the company, but also its operations, providing a high level of confidence to the team. The team will also apply a 180-day vestige period for its own token allocation, adding another layer of trust to the project.
Moonlite Strategy
The largest and most stable currency mine uses the most efficient equipment
Mine on an industrial scale and take advantage of economies of scale and reduce proportional overhead costs
Aggressive expansion and replacement of policy tools
Mining in some pools, and nodes in the house for each currency
Labor costs and human resources minimum maintained in areas with low electricity costs
Redundancy is built into every system
The split results into a ratio of 60:20:20
Strength and core competencies, the power will be achieved in the introduction and maintenance of security and redundancy measures:
Some stable currencies are mined
Some pools are managed as well as local nodes
Some power supplies and internet connection
Some mining sites
Backup server
Some cool and cold storage wallets
Backup PSU, hardware and system
Repurchase Information The
Moonlite Token will allocate 35% of its annual profits to repurchase the MNL tokens at a premium rate.
We see this approach ICOs that managed to raise funds for product development but failed to provide an important return investor.
We will use the following methodology to calculate the repurchase price of tokens:
{[(35/100) x Annual Company Profit] x [total number of tokens possessed / total tokens]} + Current Token Price
Simply, Moonlite will distribute to token holders who want to sell tokens on repurchases, their share equivalent to 35% of net income after Interest, Tax, Depreciation & Amortization in addition to the current market price for their tokens.
The first buy is only offered to presale contributors only, and will be offered in the closed purchase offerings. If there is any remaining distribution available after the Top Contributors return, it will be open to all other token holders via purchase orders on the public exchange.
After that, we will offer buyback transactions using the same formula to all token holders every 6 months after the financial statements and audit results have been prepared, by ordering orders on the public market.
All token holders will receive bid number notifications within 2 weeks after the release of semi-annual financial reports, and will receive weekly reminders within a 4-week period until the token buy-back session opens.
Effectively, Moonlite will place buy orders on the general market 6 weeks after the release of financial results.
The coin holders will receive their buyback in the form of BTC or ETH.
Moonlite Token will allocate 35% of its annual profits to repurchase the MNL tokens at a premium rate.
We see this approach ICOs that managed to raise funds for product development but failed to provide an important return investor.
We will use the following methodology to calculate the repurchase price of tokens:
{[(35/100) x Annual Company Profit] x [total number of tokens possessed / total tokens]} + Current Token Price
Simply, Moonlite will distribute to token holders who want to sell tokens on repurchases, their share equivalent to 35% of net income after Interest, Tax, Depreciation & Amortization in addition to the current market price for their tokens.
The first buy is only offered to presale contributors only, and will be offered in the closed purchase offerings. If there is any remaining distribution available after the Top Contributors return, it will be open to all other token holders via purchase orders on the public exchange.
After that, we will offer buyback transactions using the same formula to all token holders every 6 months after the financial statements and audit results have been prepared, by ordering orders on the public market.
All token holders will receive bid number notifications within 2 weeks after the release of semi-annual financial reports, and will receive weekly reminders within a 4-week period until the token buy-back session opens.
Effectively, Moonlite will place buy orders on the general market 6 weeks after the release of financial results.
The coin holders will receive their buyback in the form of BTC or ETH.
TEAM
For more information please visit some links below:
Usernama: danil21
profile: https://bitcointalk.org/index.php?action=profile;u=1544106;
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