The Project Concept And Its Objectives
The Moonlite Project is planning to be a green crypto mining project on a global scale. Digital currencies such as Bitcoin, Bitcoin Cash, Dash and Litecoin will be mined exclusively with low cost, sustainable, green energy. The organization will employ emergent technologies, Artificial Intelligence and custom algorithms to improve its operational efficiency and profits.
By using the most advanced technologies in blockchain, which will be operated and managed by an elite staff, Moonlite will raise the value to their token holders.
The future plans of the organization include the construction of their Data Center, which will begin on 2 April 2018. The installation and configuration of their mining equipment will start on the 1st of July 2018 while the official opening day for the Data Center, in which the mining operations will start, will be on the 1st of August 2018.
ICO dates and details
The ICO will officially start on 28th February and it will close on the 15th of March.
From the annual net profits, 35% will go to fund the buy-back campaign. This is the process in which Moonlite purchases back its MNL tokens at the current trading price in addition to each token’s profit share.
All repurchased tokens will be immediately ‘burned’, which implies that the total number of tokens will lower thus increasing the token share of each holder. This also means that MNL’s value will increase over time as the demand will grow.
Token holders have a say in almost all matters concerning the organization. This is done through a secure voting system which enables the coin owners to express their vote on all corporate actions, profit distribution, expansion, directors, executives and so on. Buy-back revenues will be given in BTC or ETH.
The proceeds from the ICO will be distributed to setup costs, cash reserves, the advisory team and operational reserves.
The MNL token can be obtained in their pre-sale or ICO for Bitcoin, Ethereum, Bitcoin Cash, Dash, Litecoin, Ripple, and fiat currencies using Visa or MasterCard.
The Token Swap Price will be 1 ETH = 1000 MNL, price exclusively available in the Pre-sale Phase.
| Token symbol | MNL |
| Swap target | Maximum of: 70,000,000 MNL |
| Token Supply | 100,000,000 MNLT in total |
| Token distribution: | 3% Bounty, 5% team, 5% developers and advisers, 17% Pre-sale, and 70% of the issued Tokens to be sold during the actual Token Swap Campaign. |
| Lockup period: | 180 days lockup period for team |
| Token Swap Price: | 0.002 ETH = 1 MNL
1 ETH = 500 MNL |
| Public Exchange: | Ether Delta & 2 Larger exchanges pending confirmation |
| Token standard: | Ethereum ERC20 |
Bonuses for buyers
To those that will make purchases in the Pre-sale phase or a few hours after the sale has begun, bonuses will be offered:
Pre-sale Phase 1: buyer will receive a 100-300% token bonus – ends on: 31 January 2018
Pre-sale Phase 2: buyer will receive a 50% – ends on: 28 February 2018
Main ICO: buyer will receive a 50% Sign up bonus in the first 12 hours, thereafter 0% – ends on: 15 March 2018
Conclusion
Determined to become one of the largest crypto mining operations in the world, Moonlite’s pre-sale and ICO would be one of the few that you should keep an eye on, as they’re idea is a promising one which rewards investors in two ways – by the profit sharing & the token value. For more details, you can check their Facebook, Twitter, Telegram group or via email by contacting Eric Krige
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