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