MOONLITE - Project will operate in the Crypto-Currency Mining space

What is MOONLITE?
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.
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 MOONLITE
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.
We embrace Blockchain Technology, and will continue to advance the company and teams in parallel.
We
invite you to make history in the crypto currency and mining space by
investing in the creation of the one of the largest and most unique
mining farm in the world. The uniqueness of our mine will help us solve a
number of mining problems, such as cooling, power consumption and
construction of capital facilities.
The Opportunity
Crypto-currencies
have developed over the last 9 years, and have grown from a concept to a
relatively stable investment for many. The establishment and certainty
of the market and currencies is proven.
With
the release of ASIC and other high performance mining equipment, it has
become possible to mine crypto-currencies efficiently and profitably.
The opportunity lies in the ability to generate significant profit from a
large scale mining farm because the ‘difficulty’ level has somewhat
stabilised for many currencies. Other currencies are still on
comparatively low difficulty levels and that represents a fantastic
opportunity for new miners with a suitably sized operation.
MOONLITE will have dedicated ASIC and specialised equipment to mine:
- Bitcoin, and bitcoin derivative’s
- DASH (former Dark Coin)
- Litecoin
- Ethereum, depending on profitability at the time
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 crypto-currency, 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.
The Market
Market Capitalisation for the currencies we will be mining:
Bitcoin: $252,419,830,420
Bitcoin Cash: $41,558,084,293
Ethereum: $93,405,070,461
DASH: $8,964,815,433
Litecoin: $12,743,719,310
correct at date of publication
These
figures are growing hourly and thereby present the opportunity to
partake in this growth market by providing the processing power to the
network in return for financial rewards.
The
currency, once mined, will be broken down as described previously. The
portion of currency to be liquidated will be sold on the exchanges as
there is an ever increasing supply of individuals and corporations
requesting to purchase crypto currencies for trade and investment. This
demand is not expected to die down.
Our
mining operation will not have a significant market share in global
mining operations; however will be by far the largest mining operation
in Southern Africa, we will easily be able to expand further due to the
well capitalised and nimble nature of the operation.

Token Buy-Back Information
MOONLITE will allocate 35% of its annual corporate profits to buying back MNL tokens at a premium rate.
We
see this approach as fundamentally different from most of the previous
ICO’s that succeeded in raising funds for product development but failed
to give investors any notable return.
We will employ the following methodology for calculation of the token repurchase price:
{[(35/100) x Annual Corporate Profit] x [number of tokens held/total tokens]} + Current Token Price
Simplified, MOONLITE will
distribute to a token holder who wishes to sell tokens in the
repurchase, their share of the equivalent of 35% of the corporate net
profits after Interest, Tax, Depreciation & Amortization in addition
to the current market price for their tokens.
The
first buyback will be offered to Presale contributors only, and will be
offered in a closed purchase offer. If there is any remaining
distribution available after the Presale Contributors buy back, it will
open to all other token holders by way of a buy order on the public
exchange.
Thereafter,
we will offer repurchase deals using the same formula to all token
holders every 6 months after the financial statements and auditing
results have been prepared, by way of a buy order on the public
exchange.
All
token holders will receive notification of the offer amount within 2
weeks of releasing the half yearly financial statements, and will
receive weekly reminders in the 4-week run up to the opening of the
token repurchase session.
Effectively, MOONLITE will place the buy order on the public exchange 6 weeks after the release of the financial results.
Coin holders will receive their buyback in the form of BTC or ETH.
Anticipated Investment Returns
The
below table displays the expected additional, attributable profit per
token, distributable during the MNL buy-back program, as compared to the
possible number of tokens in supply at the time.
These figures are based on our detailed financial projections that can be viewed in our Pre-Swap Investor pack on our web site.
- The above figures are the ‘Attributable Profit per Token’ and would be paid to token holders in addition to the value of their token on the exchange during the MNL Token Buy-Back Program.
FOR MORE INFORMATION LINK :
- Website: https://www.moonlite.io/
- Whitepaper: https://www.moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf
- Facebook: https://web.facebook.com/MNLCoin/
- Twitter: https: / /twitter.com/MoonLite_ICO
- Telegram: https://t.me/moonliteico
Author : Endanglex
https://bitcointalk.org/index.php?action=profile;u=1743568
My ETH : 0x77FA8d2cC97975349F63E0ed1d4372B9865702A9
https://bitcointalk.org/index.php?action=profile;u=1743568
My ETH : 0x77FA8d2cC97975349F63E0ed1d4372B9865702A9
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