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. We will only use 100% clean, green, and sustainable energy sources. 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 are a blockchain company and believe in 100% public transparency. All operational, investment, and executive decisions are sent to public vote, where token holders have the last say. Additionally, all financial, crypto-currency, and trading records will be independently audited on an annual basis, with the results are published publicly. MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract, created to run on the Ethereum ecosystem.
The MoonLite Project will operate several industrial scale data centers in the Crypto-Currency Mining industry, and plans to begin by mining predominantly Bitcoin, DASH, Litecoin, and Ethereum using 100% sustainable, green energy. 100% of the energy we consume is generated using Hydro, Geo-Thermal, and Wind sources. The MoonLite Project will base its first mining operation in data center capital of the world, Iceland, where the average tariff for the industrial connections are 0.043 USD per kWh. Our data centers enjoy a contractual supply of the cleanest energy available, and at a multi-year fixed rate, and additionally do not need to provide extensive cooling infrastructure due to the cool Icelandic climate. We have the best operational team to oversee and maintain effective operations of our data centers, and we have the most experienced and qualified board of advisers to assist in planning and executing a smooth launch. We are very selective of who we invite to be part of our team, and only engage with the best talent.
Our operations will combine a number of emergent technologies and systems such as Artificial Intelligence and custom sophisticated algorithms, that will work in synergy to maximize the profits and efficiency of large-scale cryptomining. 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.
Token name: MoonLite
Token Symbol: MNL
Token standard: Ethereum ERC20
Token Swap Price: 0.002 ETH = 1 MNL 1 ETH = 500 MNL
Token Swap Target: Maximum of: 70,000,000 MNL
Token Supply: 100,000,000 MNLT in total. Tokens left undistributed after the token swap will be immediately burnt (destroyed), thus reducing the post-token swap token supply and thereby increasing each token holder’s share of the total supply of MNL proportionally.
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.
Bonus: 50% Bonus in the first 12 hours. Lockup period: 180 days
lockup period for team
Token Swap timeline: Start Date: 28/02/2017 (GMT 12:00) End Date: 15/03/2017 (GMT 12:00)
Public Exchange: Ether Delta
Token price 1 ETH = 500 MNL
Start date 28.02.2018
End date 15.03.2018
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