MOONLITE

What is Moonlite?
MoonLite presents an opportunity to hold a token in a new-generation, industrial scale cryptomining operation that is focused on efficiency by employing Artificial Intelligence and Custom Algorithms, and profitability by using low cost and clean energy sources.
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 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. The 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.

Mining operations proceeds 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.

ICO
Type - ERC20
Symbol - MNL
Softcap - $ 35,000,000
Hardcap - $ 80,000,000

Token distribution
ICO - 70%
Pre- Sale - 17%
Team - 5%
Advisors & Developer - 5%
Bounty - 3%

Value offering to investors

• Token buyback every 6 months at premium rate + share of 35% of net profits
• Lucrative Token Buy-Back Structure: re-purchased tokens will be burned and removed from circulation
• voting on all operational aspects using secure.vote

Mission

• 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.
• Only 100% clean, green, and sustainable energy sources will be used.
• 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.

Moonlite is a blockchain based 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.

Milestone

Meet the Team
They claim to 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.

More Info
Website: https://www.moonlite.io/
Whitepaper: moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf
Facebook: https://www.facebook.com/MNLCoin/
Twitter: https://twitter.com/MoonLite_ICO
Telegram: http://t.me/moonliteico

Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406
Eth Address: 0x43D58a3D64062e4E2cF6aD285c7FE3a8B25741cC