BatMine

BatMine

Created using Figma
Created using Figma
BatMine will open a professionally built and operated crypto mining center in the European Union with the fastest hash power and lowest electricity rates available. This jurisdiction was chosen for its safe environment, an abundance of low cost green energy, and excellent taxation. The mines will operate, depending on how much we raise, up to 10,000 miners. The miners will be housed in environmentally and economically optimized locations with climate control. For energy we will pay in average 4 cents per KwH, and our miners reach a hash power of up to 55 Th/s. If by the time of the end of the ICO there is equipment with a higher hash power and/or better electricity ratio we will of course buy those. BatMine has chosen to use the Silent Partnership legal framework resulting in contractually guaranteed fixed 30% profit sharing rights for ICO investors for a period of 10 years.
Public Sale
May 21, 2019
May 31, 2019
100% completed
Raised funds - no Data
past
Pre-Sale
May 15, 2019
May 20, 2019
100% completed
Raised funds - no Data
Goal 1 140 000.00 USD
Cap 21 600 000.00 USD
past
Token Details
Ticker
BATM
Total supply
350000000
Token Distribution
15 days after the ICO ends
Accepted Currencies
ETH
Min Contribution
2
ETH
Company Details
Registered Company Name
Blockchain Applied Technology Ltd
Registered Country
Czech Republic
Company Founded
Dec 1, 2018
Bonus Structure
Whitelist round - 20%
Crowd-round Phase 1 - 10%
Crowd-round Phase 2 - 5%
Crowd-round Phase 3 - 3%
Additional Details
Platform
Ethereum
Whitelist
Yes , from Feb 15, 2019 till Feb 28, 2019
KYC
Yes
Categories
Platform

About BatMine

Our goal is to raise 19 million EUR in ETH and EUR through this ICO. The Soft cap is 1 million EUR which will cover the approximate expenses for one project. The more we raise, the more mining equipment will be purchased, resulting in bigger profits for investors. The exchange rate that will estimate the final number of ETH and EUR needing to be raised will be established two days before the start of the Whitelist round. 90% of the raised capital will be directly used to build and operate the BatMine(s). As a main component of our ICO we offer to the investors 30% profit sharing. Our approach is fully legal and allows eligible investors to participate in the profit-sharing opportunity. Profits will be directly linked to any and all profits created as a result of the successful ICO. All details will be clearly stated in the Silent Partnership Agreement which will be signed by every participant. The Silent Partnership Agreement will remain valid from the end of the ICO until March 2029. Revenue is paid out monthly and in the crypto designation in which they were mined.

Features

ICO

  • Silent Partnership framework - 30% Profit Sharing of all and any profits the company makes to all investors
  • BATM tokens distributed as a gift proportionally to the investment
  • USE for the token
    • BATM can be exchanged for hash power on our platform. BATM are the only way how to obtain hash power. 

PROJECT

  • Mining currencies, ability to switch based on which currency is the most profitable
  • up to 55 TH/s miners
  • 4 cents per KW
  • MaaS Service 
    • To customers that don’t want to own and operate equipment, we offer our MaaS services. Customers can start mining within 12 hours and receive their first revenue within 45 days, and then every 30 days after. MaaS services can only be obtained through BATM tokens which ensures continuous usage of the tokens. We will provide to our customers the hash power they require to mine crypto coins with dedicated MaaS miners. Rather than focusing on coins where mining competition is steep, our customers can choose from a portfolio of coins that they can mine. In this way customers can flexibly mine those coins that provide the best yield in a given period, thereby increasing the output. Our customers decide which coins they want to mine with the hash power they purchased. We mine both proof-of-work based coins and scrypt-algorythm based coins.
  • Hardware sales
    • We will work with our main vendors that provide us with their state-of-the-art mining equipment. In addition, we also develop and market our own miners and chips which we will offer to wholesale and retail customers. Investors share in all of the profits we make over the sale and distribution of these miners and chips and can buy them at advantageous prices.

Technical Info

The basis of our ICO legal framework is the Silent Partnership model of investing. This framework allows us to legally offer profit sharing to investors.

  • Profits are shared for a period of 10 years, until March 2029.
  • Profit sharing is done monthly over any and all realized profits from BatMine.
  • The Hard Cap is 19 million EUR and the Soft Cap is 1 million EUR.
  • Our BATM tokens are provided to investors as a gift.
  • We will offer 350 million ERC 20 compliant Utility tokens to the market.
  • The tokens can be exchanged for any and all services and goods offered by BatMine.

After the successful ICO, BatMine plans to place a mining facility in the Czech Republic. The facility can house 12,000 miners of which up to 10,000 miners (depending on how much we raise) will be purchased from the proceeds of this ICO. BatMine will be located in a location which:

  1. Is secure and allows for rapid response should anything happen;
  2. Has a cooler climate;
  3. Allows for sufficient, mostly green, energy supply at around 4 cents per kwh
  4. Has the infrastructure required for a commercial mining operation.

The BatMine mining location will function as head office for all mining activities. A separate office will be opened in Prague, Sofia or other suitable city for day-to-day commercial operations. We believe that for several reasons including cost optimization and availability of multi-language speaking personnel, it will be better that the sales and customer service centers will be located in a capital city rather than a rural location where mining conditions are optimal for mining.

Revenue Generator 1

  • Mining of Cryptocurrency The Company will initially mine BTC, LTC, ETH, and a mix of proof-of-work based coins and scryptalgorythm based coins. Which exact coins we mine depends on the assessment of the profitability per coin over the current and projected future period. We keep a close eye on the market and when we see that one or more altcoins start producing better than what we mine at that moment, we can switch quickly to mining those coins.
  • We plan to use a variety of miners with focus on hash power, availability of spare parts, life expectancy, ability to switch mined currencies, and energy usage. Mining is a competitive activity and therefore sustainability and profitability of the mine is of key importance.
  • Miners need to be replaced regularly and with miners with ever-increasing computing power to handle the growing difficulty level. For this reason, 25% of all profit will be used to replace broken miners with newer and stronger ones as they become available, and 20% of all profit will be used, in correlation with our partners, to develop the next generation of miner chips and miners, so that we can remain competitive and earn on revenue from chip and miner sales too. In case the cost of miners that need to be replaced with new ones is larger than the projected 25% in a given month, we will use a part of the R&D budget to ensure that our output remains optimal.

Revenue Generator 2 

  • Mining as a Service (MaaS) To customers that don’t want to own and operate equipment, we offer our MaaS services. Customers can start mining within 12 hours and receive their first revenue within 45 days, and then every 30 days after. MaaS services can only be obtained through BATM tokens which ensures continuous usage of the tokens. We will provide to our customers the hash power they require to mine crypto coins with dedicated MaaS miners. Rather than focusing on coins where mining competition is steep, our customers can choose from a portfolio of coins that they can mine. In this way customers can flexibly mine those coins that provide the best yield in a given period, thereby increasing the output. Our customers decide which coins they want to mine with the hash power they purchased. We mine both proof-of-work based coins and scrypt-algorythm based coins. Our packages are complete because you benefit from our low electricity, state-of-the-art facility, and economy-of-scale savings that we have. Our packages can be obtained with BATM. Our packages include: 1. Our dedicated miner(s) installed at our state-of-the-art co-location in a safe jurisdiction, 2. Specialized technicians managing the miners 24/7/365, 3. Continuously provided electricity, 4. High-speed Internet connection, 5. 24/7 access to your miner results, 6. Monthly distribution of your mined profits.

Revenue Generator 3

  • Custodial Services BatMine will provide hosting and mining management services to those customers that either want to buy and use our hardware, or that have their own miners already and that want to host them in our location.
  • You receive the total mined amount minus a monthly fixed fee which includes any and all costs, in the currency / currencies in which they are mined. Our aim is to provide a non-stop solution for all custodial services and with a low threshold so that anyone can earn on mining.
  • Because of the future size of our operation you benefit from lower costs for miners, infrastructure, electricity and costs, so that you make the most revenue out of the mining you can. You can mine different coins at the same time (pending technical ability of your miners)
  • Custodial services from BatMine are simple and straightforward.
    • 1. You either buy miners from us or send us your equipment.
    • 2. Our highly skilled technicians install the miners.
    • 3. We operate, maintain and manage them.
    • 4. Every month we distribute to you all mined coins minus a fixed fee per month for the Custodial Services package per miner.
  • Custodial Service Packages can be paid in EUR, BTC and any other currency we mine, and include:
    • 1. A place for your miner(s) at our co-location in a safe jurisdiction and 24/7 security,
    • 2. Specialized technicians managing the miners 24/7,
    • 3. Inexpensive and continuously available electricity,
    • 4. High-speed Internet connection,
    • 5. 24/7 access to your miner(s) results,
    • 6. Monthly distribution of your mined output.

Revenue Generator 4

  • Hardware Sales
    • We will work with our main vendors that provide us with their state-of-the-art mining equipment. In addition, we also develop and market our own miners and chips which we will offer to wholesale and retail customers. Investors share in all of the profits we make over the sale and distribution of these miners and chips and can buy them at advantageous prices.

BatMine Roadmap

  • Q4 2017

  • Conception of the idea to do an ICO. Market research into ICOs and into legal options of profit sharing with investors. Verification of Silent Partnership Framework with the Czech National Bank.
  • Q1 2018

  • Market research, concept brainstorming.
  • Q2 2018

  • Project concept formulation, Market research, Gathering information on the newest technology, Profit sharing concept, First ICO Drafts
  • Q3 2018

  • ICO preparation, Whitepaper, Investment Agreement, Website etc.
  • Read More
  • Q4 2018

  • ICO finalization, preliminary contact with institutional investors.
  • Q1 2019

  • ICO execution
  • Q2 2019

  • Location for the mine, Electricity connection, Purchase of the needed Equipment, all setup- and preparatory activities, installation of first miners.
  • Q3 2019

  • Miners installed and mining. First profit sharing.

Activity

Posts:
86
LOW
Followers:
1 507
LOW
Likes:
1 470
LOW
Followers:
1 472
LOW
Tweets:
41
VERY LOW
Fake Users Detected:
0%
30 Days Growth:
111
Members:
9 490
HIGH
30 Days Growth:
-550

BatMine Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Pius K.H. Lam
Founder & CEO
unverified
Riva Yu
CFO
unverified
Richard Tang
Business development, Director
unverified
Dan Park
COO
unverified
Zdenka Kosarova
ICO Marketing Manager
unverified
Silvie Tripes
Designer
unverified
Olga Kuznetsova
Proposal Expert
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Thomas Wong
IDC/Cloud Computing Advisor
unverified
Tomas Sekera
Legal Advisor
unverified

2 ICO

$10 425 492

Kyle Wong
Blockchain Advisor
unverified

BatMine Last News

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