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.
Table of Contents
Introducing
Mission objective and roadmap
ICO details
Bonuses
Conclusion
The proceeds
Introducing : What is MOONLITE
The Moonlite Project plans to mine cryptocurrencies on an industrial scale, such as Bitcoin, Bitcoin Cash, Dash and Litecoin. Moonlite intends to become one of the largest cryptocurrency mining organizations in the world, all while using exclusively low cost, sustainable and green energy.
Moonlite will make use of emergent technologies, Artificial Intelligence and custom algorithms to improve on operational efficiency and profits, while limiting unplanned down-time.
Mission objective and roadmap
Moonlite aims to increase the value to their token holders, by implementing the latest and most advanced parts of blockchain technology, and by delivering an operation which will be run by the most experienced team.
Once the ICO ends, Moonlite will begin construction of their first Data Centre, starting on the 2nd of April 2018. The next objective on Moonlite’s agenda is to have mining equipment delivered, installed, configured by 1st of July 2018.
The organization plans to have the data centre’s official opening, and to start its mining operations on the 1st of August 2018.
ICO details
The official date for the ICO is on 28 February at 12:00 GMT and it will last until March 15th.
Moonlite will allocate 35% of its annual net profits to its buyback campaign. This is where the organization purchases back its MNL tokens from token-holders at the trading price and additionally each tokens profit share.
All repurchased tokens will be ‘burned’, therefore reducing the supply and increasing each token holder’s share of the total supply of MNL tokens. This also allows the net value of the token to increase over time.
Token holders also have a vote in all corporate actions, profit distribution, expansion, directors, executives and the like, using the secure.vote system.
Coin holders will receive their buyback proceeds in BTC or ETH.
The capital that will result from the ICO will be allocated towards funding setup costs, cash reserves, the advisory team and operational reserves.
You can buy the MoonLite token with Bitcoin, Ethereum, Bitcoin Cash, Dash, Litecoin, Ripple, and you can also contribute using bank cards such as Visa or MasterCard.
The Token Swap Price will be 1 ETH = 1000 MNL only in the Presale Phase.
Token symbol MNL
Swap target Maximum of: 70,000,000 MNL
Token Supply 100,000,000 MNLT in total
Token distribution: 3% Bounty, 5% team, 5% developers and advisers, 17% Presale, and 70% of the issued Tokens to be sold during the actual Token Swap Campaign.
Lockup period: 180 days lockup period for team
Token Swap Price: 0.002 ETH = 1 MNL
1 ETH = 500 MNL
Public Exchange:
Ether Delta & 2 Larger exchanges pending confirmation
Token standard:
Ethereum ERC20
Bonuses
There are bonuses for those that contribute in the pre-sale phase or during the first hours of the ICO. The bonuses are as follows:
Pre Sale Phase 1: the buyer will get a 100-300% token bonus – ending 31 January 2018
Pre Sale Phase 2: buyer will get a 50% – ending 28 February 2018
Main ICO: buyer will get a 50% Sign up bonus in the first 12 hours, thereafter 0% – Ending 15 March 2018
Conclusion
The Moonlite Project is a crypto mining project that is determined to become one of the largest, most efficient, and green mining organizations. The sale of MoonLite Tokens in their ICO will help them implement their “smart-mining” solutions.
The Proceeds
The proceeds from mining operations will be split as follows
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.
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.
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.
Operations are set to begin in August 2018, and we aim to be, in time, one of the larger crypto-mining companies globally.
For more details, you can check their
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
linkedin https://www.linkedin.com/company/27134510/
Announcement https://bitcointalk.org/index.php?topic=2712054
AUTHOR Cristina ngocok
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