First to define two terms related to text below:
- Mining is a simple and understandable business, which is engaged in thousands of companies and hundreds of thousands of people around the world. Mining farms are very unevenly distributed around the globe. The main reason is the different cost of electricity in different countries. According to research, almost 50% of newly mined coins are mined in China, where electricity costs are several times less than in Europe.
- Green token is a crypto-currency mining with lifelong free green electricity, based on an innovative waste-processing plant with a 100% recycling capacity, without harm to the environment and preliminary separate collection of garbage.
Hong Kong company Invest Ecology Limited made a deal within Kazakhstan to build waste-processing plant, which will form base for huge mining farm on the fenced and guarded territory of the plant, the size of which is limited only by the amount of surplus free electricity from waste processing.
ICO is established to back-up this investment, but since this is additional line of business for IEL, money collected in ICO will not influence success of ICO. Main issue to be resolved with this project is ecology and this project shall made Earth greener.
Main advantage from Green token https://greentoken.in, is that offers to environmentally friendly people that are token holders to become co-owners of a large-scale and environmentally friendly project and receive a lifetime earnings from mining.
The factory will be built on the basis of the German technology of a high-temperature pyrolysis reactor, but this article does not emphases the technics below this technology, for more details check whitepaper https://greentoken.in/doc/Eng-WP.pdf, which also contains details regarding availability of tokens for mining, as well as their cost, popularity and profitability.
Following profit distribution is foreseen for reinvestment, scaling and building up of the mining capacity, with 25% of whole profit invested in these activities. The accumulated capacity will be installed at the following plants, which the company will build throughout the territories of the Republic of Kazakhstan.
GTN token, which is the token of this project, will be issued in amount of 500 million, from which 80% will be sold to Investors. Token sale shall be completed on 15.12.2018.
Roadmap for 2019 foreseen following: - For Q1-2019 – Running a farm's mining and commencing dividend payments
Completion of installation. Running the miners, checking all the elements. Publication of the total capacity of the entire Green token farm. Start MINING! - For Q3-2019 – Connection to the free network electricity from the plant
Completion of the plant construction, launch of reactors. Connecting mining farms to electricity from waste processing. Power development and scaling
Risks on the project can be divided on technical and economical risks: - Technical risks shall be decreased with following actions:
o The enterprise has the necessary technical base, infrastructure and facilities
o Employees of the enterprise have theoretical knowledge and practical skills in their field
o In addition, when developing a crypto currency, the developers proceeded from the most pessimistic conditions - Economical risks are screened and following statements are provided:
o Kazakhstan is an economically and politically stable state
o The foreign policy of Kazakhstan, based on the principles of multi-vector, is the guarantee of sustainable development of the enterprise
o In this regard, economic and political risks are minimized
Author: https://bitcointalk.org/index.php?action=profile;u=1573369