What You Should Know about the Moonlite Project
The Moonlite project plans to be a green crypto mining project that will operate on a global scale. It will mine various coins such as Bitcoin, Bitcoin Cash, Litecoin, and Dash with the use of sustainable, low cost, green energy.
To achieve its goals, the company is going to utilize emerging technologies, custom algorithms, and AI for improved efficiency and growth in profits. By utilizing advanced blockchain technology, which will be run by qualified experts, Moonlite is going to raise the value of their tokens.
The End Goal of the Moonlite Project
Moonlite has plans to create a huge data center, which will begin on April 2, 2018. The installation and configuration of the mining equipment is going to start on July 1, 2018. This will also be the official launch day for the data center. Mining operation will then kick off on August 1, 2018.
A Closer Look at the Moonlite ICO
The ICO started on February 28, 2018, and is set to close in seven days. From the net profits collected, 35 percent will go towards a buyback program. This is the process where Moonlite will purchase back the MNL tokens at their current trading price.
Every purchased token is going to be burned. Thus, reducing the total number of available tokens over time. It will result in the rise in token share among token holders, further increasing its collective value owing to rising scarcity of the tokens.
The token holders will have a say in important matters relating to the organization. Decisions are made via a secure voting system. It will allow token holders to express their will on corporate matters. The buyback revenue will be given in ETH or BTC.
The proceeds of the ICO will go towards cash reserves, operational reserves, the advisory team, and set up costs. The MNL token can be purchased via the ICO against Dash, Litecoin, Ethereum, Bitcoin, Ripple, fiat, or Bitcoin Cash payments. Purchase by fiat can be made via MasterCard or Visa. The tokens have been valued at 1ETH=1000 MNL. There will be a total token supply of 100 million MNL.
You Can Be Part of Something Huge
If you want to be part of one of the biggest crypto mining operations globally, you should sign up to the ICO. You will be rewarded via the profit sharing and the token value. The company is available on Twitter, Facebook, and Telegram. Here, you will be able to find all the details that you might need.
What do you think about the Moonlite project and its mining ambitions? Leave us your thoughts in the comment section below.
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