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MinedBlock

PRE-SALE HAS 21 DAYS LEFT 898 views
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MinedBlock

MinedBlock is an ST20 token based on Polymath's token standard. MinedBlock offers the opportunity for investors to take advantage of using the resources from a large-scale mining operation, mining multiple coins without the need to buy, configure and maintain expensive mining equipment. MinedBlock is a large-scale, cost-efficient crypto mining company. We provide a fully managed crypto mining service which pays out 75% of our revenue to our share/token holders. You can read the full detail of the project in our Whitepaper. MinedBlock Holding Limited will own 75% of the total Mining Service and will be 95% owned by the shareholders. MinedBlock Limited will own the remaining 5%. The Security Token Offering is to purchase Equity by way of shares in MinedBlock Holding Limited. Each token will represent 1 share and there is no hard cap on the rise. Simply put – the more funds raised the larger the mining service will be and therefore the larger the return.
General
Website: Visit
White paper: Read
Bounty: Bounty
Pre-sale Time: 15 Feb, 2019 - 15 Mar, 2019
ICO Time: 30 Mar, 2019 - 31 May, 2019
Whitelist/KYC: Whitelist & Kyc
Country: UK
Token Info
Ticker: MBTX
Token type: ST-20
Financial
Pre-sale Price: 0.15 20% poly
ICO Price: 0.15 USD
Soft cap: 1000000 USD
Social Media
  • 1

    Q1 2018

    Project Concept Developed

  • 2

    Q2 2018

    Whitepaper Written Company Name and Branding Defined

  • 3

    Q3 2018

    Website and Social Channels Launched Whitepaper Released Token Sale Announced Token Sale Starts Airdrop and Bounty Schemes Revealed

  • 4

    Q4 2018

    ICO Halted – Changed to STO Whitepaper Version 3 Airdrop & Bounties Ended SEC Exemption Filed

  • 5

    Q1 2019

    Security Token Offering Starts

  • 6

    Q2 2019

    Security Token Offering Ends Data Centre Build Begins Hardware Ordered

  • 7

    Q3 2019

    Mining Starts First Dividends Paid

MinedBlock offers the opportunity for investors to purchase our ST20 Security Token which is a digital asset backed by a corresponding Preference Share in MinedBlock Holding Limited (the Special Purpose Vehicle) that enables holders to receive a revenue share produced by our mining farms. Collectively, MBTX token holders will own 95% of the Special Purpose Vehicle and the associated costs and revenue so, therefore, will receive the revenue share each month based on the profit generated. Revenue will be shared respectively and equally between all token holders on a ‘payout per token’ model.

Each MBTX token sold will represent 1 Preference Share A in MinedBlock Holding Limited.

Shareholder rights:

“Each Preference Share A holder will be entitled to a share of revenue produced by 75% of the total Mining Service. Shareholders will also have the right to vote on the future expansion of the Mining Service”

MinedBlock Limited will assume responsibility for maintaining, replacing and expanding the physical assets and will remain responsible for any costs incurred beyond that of the revenue generated in the unlikely event the service becomes unprofitable. At no point will token holders be expected to cover any losses if this did ever happen.

All expense and revenue information for each month will be available for review by any token holders to ensure full transparency of the total managed Mining Service. All Wallet addresses owned by the Company will be published within the Investor Dashboard to give full visibility.

Token holders will be able to ‘vote’ for the direction of future expansion from within the Investor Dashboard when it is life. The term ‘vote’ in no way reflects a right to direct the company itself but will allow input into how the Mining Service is expanded.

Security Token Offering

Security Token sale participants will be required to pass KYC (Know Your Customer) checks via our Website to enable whitelisting within the Smart Contract. To satisfy the requirements of the US Securities and Exchange Commission (SEC); US investors will need to qualify as Accredited Investors.

The cost for KYC and Accreditation checks will be passed to the investors at our cost price, upon successful completion of the required checks you will be credited with the equivalent number of MBTX tokens at a discounted value of $0.075 each. This is to ensure only serious participants go through the process to reduce the unnecessary cost for the Company.

  • The Security Token Offering will be a staged sale with the initial pre-sale available for 30 calendar days.
  • The Base price will be set at the equivalent to $0.10 payable in POLY.

Following a successful pre-sale, we will start the main sale stage, details of which will be available on our website.

Greg Wales

Managing Director
MinedBlock

Matthew Ruff

Marketing Director
MinedBlock

Paul Bishop

Operations Director
MinedBlock

Kamal Mustafa

Advisor

Ruhin Khan

Marketing Consultant
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