The MoonLite project is based on latest technology to make mining process more beneficial and efficient for large-scale crypto mining.
If the team can execute on what it has promised, Moonlite is yet another crypto that (sorry) could be headed for the moon. MoonLite Project is an industrial scale cryptocurrency mining project, focusing mainly on all forms of bitcoin, dash, and litecoin. The income earned from this mining process will be split in the following manner:- The MoonLite is striving to become one of the largest cryptocurrency mining organizations across the world. First, MoonLite intends to liquidate 60 percent of the proceeds at initial stages into fiat currency to cover operational costs and invest in specific traditional and blockchain related investment opportunities. Putting forward a straight-forward proposal, the South African team behind MoonLite are looking to implement a crypto-mining operation for the Bitcoin, Dash, Bitcoin Cash and Litecoin cryptocurrencies.
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- Token Name : MoonLite
- Symbol : MNL
- ICO launches on : 28th Feb 2018 (GMT 12:00)
- ICO ends on :15th March 2018 (GMT 12:00)
- Token standard : Ethereum ERC20
- Token swap price :0.003 ETH=1MNL
Here’s a look at some interesting stuff about the MoonLite Project.
This mining project will include high-tech and powerful computers to make mining process faster for different coins. Moonlite is a new cryptocurrency mining startup that will allow anyone to buy a stake in the mining of a variety of stable coins via Moonlite’s ERC20 token (MNL). 15%weight Blockchain Advisor and ConsultantRated on Feb 16, 2018 15%weight Moonlite has a solid team and great group of advisors on board. However, Moonlite is currently in the first stage of its pre-sale, and is offering scaling token bonuses depending on contribution size and how early investors contribute. The first layer of security is offered in how the company plans to use the proceeds from mining.
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Once the smart contracts are approved, the team will then proceed to an initial pre-sale that will take place over February 2018, with the full sale beginning immediately after.
Bitcoin and Ethereum mining both already use more energy than small countries. The team also anticipates a token listing on several exchanges within two weeks of the sale close. This mark-up figure is added to the current market price of the token to determine the value of the buy-orders placed by MoonLite on the exchanges. The overall token allocation is presented as follows: The token price for early contributors will be $0.10 + up to 25% bonus with a high minimum investment of 10 ETH. As stated in this document, only 30% of DIP tokens will be available to the public during the token sale.
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The MoonLite Project will be more cost-efficient and environmentally responsible at the same time.
The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). To counteract this, Moonlight.ico spends a lot of time locally optimizing resources at the project, team, organization, and corporate levels. There several reasons that make this project stand out like leading advisors, qualified team, excellent data centers, trusted security system and much more. Etherisc is a company registered in Germany that is issuing a token that will be known as DIP on the Ethereum blockchain. MNL token holders will be able to trade their tokens on public exchanges, but Moonlite is also offering a unique token buyback program on the Ether Delta exchange.
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Investors will be able to buy into Moonlite via its MNL token, which is currently in pre-sale in the run-up to a late February ICO.
All token sale details also need to be made available in one place, and the team should explain clearly their reasoning behind the token allocation model they have chosen. Moonlite also aims to offer investors peace of mind about the legitimacy and security of its mining operations. In its second phase, Moonlite will add DASH mining capabilities at 15,000 GH/s, and up its Bitcoin hash rate to 56,000 TH/s. Despite this, we do have some concerns regarding the team’s preparedness for the ICO (or “Token Generating Event” – TGE – as Etherisc calls it). No marketing leads appear on the project team list.
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Once the business is running, MNL token holders will be able to vote on how Moonlite distributes the revenue it generates from mining.
The first token buy-back program will begin six months after completion of the full sale and only initial contributors will be invited to participate. Moonlite may also mine Ethereum depending on its profitability, although Ethereum specifics aren’t included in the company’s three-phase mining plan. The MoonLite Project is one of the cryptocurrency mining projects that are positioned to be relevant over the long term. Moonlite looks like it has a competent team, and the idea – giving everyday investors a way into mining cryptocurrency without destroying the planet – definitely seems worth pursuing.