❇️ What is the MoonLite Project? Do you know?
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.
They 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.
They 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.
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.
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.
MoonLite intends to grow into one of the largest crypto currency mining organizations in
the world by using low cost, sustainable, and green energy exclusively, run by the best
team available, and using customized algorithms and Artificial Intelligence installations to
dramatically improve operational efficiency and autonomy of all data centres, by
implementing our custom “smart-mining” solution.
✳️ MISSION STATEMENT ✳️
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.
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, crypto-currency, 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.
Capital Distribution
The capital allocation will be broken down into the following:
Description Amount %
1 Operational Assets $4 200 000,00 (28,00%)
2 Operational Reserves $2 000 000,00 (13,33%)
3 Advisory Team $300 000,00 (2,00%)
4 Reserves $8 500 000,00 (56,67%)
It should be noted that the equipment may easily be sold on local and international markets
at the same price of purchase due to the high demand and low supply of miners. This is a
good hedge against downside risk and project failure.
Cash on hand will be used to cover for unplanned expenses and possible ad-hoc expansion
into another data centre. This value is immediately liquid and not at risk.
The only “write off” will be the initial setup expenses, and these will be recovered within the
first full month of operations. Therefore none of the initial investment is at risk for more
than 4 weeks and can be completely liquidated within 1-4 weeks.
Team Structure
Data Centre Teams:
✅ 3-5 years technical IT and networking experience
✅ Responsible for:
❇️ Ensuring miner and data centre up time
❇️ Effecting changes to miners
❇️ Monitoring miners and mining statistics
❇️ Daily reporting to operations manager
❇️ Fixing hardware faults where possible
❇️ Cabling and networking
❇️ Maintaining certain server roles
The Moonlite Project Milestones
Token Distribution
Planned Capital Distribution
Planned Profit Distribution
TEAM & ADVISORS
RESOURCES VIA
✔️ WEBSITE • https://www.moonlite.io/
✔️ WHITEPAPER • https://www.moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf
✔️ FACEBOOK • https://www.facebook.com/MNLCoin/
✔️ TWITTER • https://twitter.com/MoonLite_ICO
✔️ BOUNTY THREAD • https://bitcointalk.org/index.php?topic=2712054
✔️ TELEGRAM • http://t.me/moonliteico
✔️ LINKEDIN • https://www.linkedin.com/company/27134510/
Author
Bitcointalk Profile link : https://bitcointalk.org/index.php?action=profile;u=1253487
My wallet address : 0xb79fe3fD0fe7Bd7de93bce93C6A3135A3571eE72
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