MOONLITE – EASY AND SMART MINING SOLUTION FOR YOU.

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Mining is the corroboration of transactions, creating new blocks in the blockchain where successful miners obtain new cryptocurrency as a reward. Before now, mining was used as a tool to create new coins in the bitcoin blockchain but now it is possible to mine all cryptocurrencies using complex cryptographic calculations. Moonlite operates in the cryptocurrency mining space aiming to be one of the larger global crypto-mining companies by starting large scale cryptocurrencymining in combination with some modern technologies and systems to increase profits and efficiency using customized algorithms and artificial intelligence installations. The company plans to begin by mining mostly Bitcoin Cash, Bitcoin, Litecoin and DASH in August 2018. They also plan to open data centres in countries where the contractual electricity supply is reliable, politically stable, clean 7 green and costs are the lowest, inaugurating their first data centre in Iceland with 0.045 USD per KWh average tariff for an industrial connection with the help of the best operational team to supervise and maintain effective operations of data centres and also the most experienced board of directors to assist in planning and implementing a smooth launch. The proceeds from the mining will be shared as follows:

  • Retaining a certain percentage of cryptocurrency to be used for planned equipment purchase and expansion
  • Liquidating a percentage into full fiat currency for operational cost and traditional investments ad-hoc re-investment into operations and other crypto & blockchain opportunities
  • Retaining a certain percentage of cryptocurrency for the appreciation and investment value through, investment in a number of crypto hedge funds and investment through other traditional investment channels.

The ratio will begin with a 60:20:20 split placed on a vote by token holders on a quarterly basis executed by secure.vote, a decentralized blockchain governance voting system.

MOONLITE AIM

Moonlite mining aims to be a preferred employer of the best talent available embracing youth, fun and technology. The company also seeks to add value to all token holders by employing the best technology run by the most appropriate team in order to meet and surpass all performance and growth targets in the most efficient manner. The distinctiveness of our mine will greatly help us to solve a number of mining problems such a s power consumption, construction of capacity facilities and cooling.

OUR STRENGTHS AND CORE COMPETENCIES

  • Multiple hot and cold storage wallets
  • Multiple power supplies and internet connection
  • Backup servers
  • Multiple stable currencies mined
  • Multiple mining sites
  • Backup PSU’s, hardware, and systems
  • Mulitiple pools managed as well as local nodes

TOKEN DISTRIBUTION

70% - Token Swap Campaign

17% - Presale

5% - Developers & Advisors

5% - Team

3% - Bounty

PLANNED CAPITAL DISTRIBUTION

45% - Operational Assets

40% - Reserves

10% - Operational Reserves

3% - Advisory Team

2% - Setup Expenses

PLANNED PROFIT DISTRIBUTION

35% - Share Buy Back

7% - Team Bonus

35% - Expansion

23% - Provisions

OUR PROJECT MILESTONES

February, 2017: Concept Development & Refinement

24th November, 2017: Pre-Sale Seed Funding Phase begins- White Paper and Web Site is released

5th January 2018: Pre-Sale Seed Phase closes

10th January 2018: Smart Contract Audit Results Released

5th January 2018 (12:00 GMT): Phase 1 of Public Pre-Sale Opens (100%-300% Token Bonus)

31st January 2018 (12:00 GMT): Phase 1 of Pre-Sale Closes & Phase 2 Opens (50% Token Bonus)

14th February 2018: Pre-Sale Phase 2 Closes

28th February (12H00 GMT): ICO Main Sale Opens

15th March 2018 (12H00): ICO Closes

2nd April 2018: Data Center Construction Starts

2nd July 2018: Mining Equipment Installation & Networking Begins

1st August 2018: Official data center opening & Start of mining operations

OUR YOUNG AND VIBRANT TEAM

Eric Krige – Founder and Group CEO

Steven Ndlovu – Head of Legal

Nathan Christian – Blockchain Advisor

Jaco Potgieter – Community Manager and Design head

Wayne Reece – Non-Executive Chairman

Kaylee Aitken – Social Media Manager

Gordon Wright – SEO Manager

Hannah Powell-Rees – Community Manager

ANN thread: https://bitcointalk.org/index.php?topic=2712054

Website: https://www.moonlite.io/

Telegram: http://t.me/moonliteico

Twitter: https://twitter.com/MoonLite_ICO

Facebook: https://www.facebook.com/MNLCoin/

Whitepaper: https://www.moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf

Published by: ogtejiri

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u...

Ethereum wallet address: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6

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