MinedBlock

MinedBlock

Created using Figma
Created using Figma

Last Update

Jun 18, 2019

MinedBlock offers the opportunity for investors to purchase our ST20 Security Token which is a digital asset backed by a corresponding Preference Share in MinedBlock Holding Limited (the Special Purpose Vehicle) that enables holders to receive a revenue share produced by our mining farms. Collectively, MBTX token holders will own 95% of the Special Purpose Vehicle and the associated costs and revenue so, therefore, will receive the revenue share each month based on the profit generated. Revenue will be shared respectively and equally between all token holders on a ‘payout per token’ model.
Pre-Sale
Feb 15, 2019
Mar 30, 2019
100% completed
$16 551
34
cap
goal
3% goal completed
Goal 500 000.00 USD
Cap 15 000 000.00 USD
past
  • 1 MBTX
    =
    0.1 USD
Token Details
Ticker
MBTX
Total supply
365000000
Token Distribution
5% Founders
95% Token Sale
Accepted Currencies
ETH, BTC, USD, LTC, BCH, EURO, GBP, BNB, POLY
Min Contribution
300
USD
Company Details
Registered Company Name
MinedBlock Limited
Registered Country
United Kingdom
Company Founded
May 1, 2018
Bonus Structure
Bonus Period 1: (31st March to 12th April) 20% bonus
Bonus Period 2: (13th April to 26th April) 10% bonus
Bonus Period 3: (27th April to 10th May) 5% bonus
Additional Details
Platform
Ethereum
Whitelist
Yes , from Feb 1, 2019 till Aug 31, 2019
KYC
Yes
Categories
Platform

About MinedBlock

Problem Statement

Mining is a fundamental part of the blockchain for any coins or tokens that aren't pre-mined. Miners form the basis of the decentralisation model of the Cryptocurrency arena but we are getting to a point where large amounts of hash power, the key ingredient to solving blocks and securing the chain, are becoming centralised.

This has two impacts:
1. It means that there is a risk of a single pool or company being able to gain control of an entire blockchain. If a person or company managed to gain greater than 50% of the computing power or mining hashrate they would be able to prevent new transactions from gaining confirmations and be able to reverse transactions that were completed while they had control so they could double spend coins. They wouldn?t be able to create new coins or blocks but it would have a huge reputational impact on the particular blockchain.
2. It means that for the average person mining isn?t a worthwhile venture due to the cost of equipment, electricity and time for maintenance. The ROI isn?t as beneficial as it used to be.

There are other solutions out there such as cloud mining services but they aren?t transparent or cost effective and we want to change that.

MinedBlock offers the opportunity for investors to purchase our ST20 Security Token which is a digital asset backed by a corresponding Preference Share in MinedBlock Holding Limited (the Special Purpose Vehicle) that enables holders to receive a revenue share produced by our mining farms. Collectively, MBTX token holders will own 95% of the Special Purpose Vehicle and the associated costs and revenue so, therefore, will receive the revenue share each month based on the profit generated. Revenue will be shared respectively and equally between all token holders on a ‘payout per token’ model.

Each MBTX token sold will represent 1 Preference Share A in MinedBlock Holding Limited.
Shareholder rights:
“Each Preference Share A holder will be entitled to a share of revenue produced by 75% of the total Mining Service. Shareholders will also have the right to vote on the future expansion of the Mining Service”
MinedBlock Limited will assume responsibility for maintaining, replacing and expanding the physical assets and will remain responsible for any costs incurred beyond that of the revenue generated in the unlikely event the service becomes unprofitable. At no point will token holders be expected to cover any losses if this did ever happen.
All expense and revenue information for each month will be available for review by any token holders to ensure full transparency of the total managed Mining Service. All Wallet addresses owned by the Company will be published within the Investor Dashboard to give full visibility.
Token holders will be able to ‘vote’ for the direction of future expansion from within the Investor Dashboard when it is life. The term ‘vote’ in no way reflects a right to direct the company itself but will allow input into how the Mining Service is expanded.
Security Token Offering
Security Token sale participants will be required to pass KYC (Know Your Customer) checks via our Website to enable whitelisting within the Smart Contract. To satisfy the requirements of the US Securities and Exchange Commission (SEC); US investors will need to qualify as Accredited Investors.
The cost for KYC and Accreditation checks will be passed to the investors at our cost price, upon successful completion of the required checks you will be credited with the equivalent number of MBTX tokens at a discounted value of $0.075 each. This is to ensure only serious participants go through the process to reduce the unnecessary cost for the Company.

Features

 

“Our vision is to become a major player in the cryptocurrency arena and for MinedBlock to own a significant part of the infrastructure required to process transactions and mint new crypto assets. This will enable our investors to reap a significant return on investment while we employ an aggressive growth strategy to position ourselves as the ‘Amazon’ of the crypto mining industry"

MinedBlock Roadmap

  • Q1 2018

  • Project Concept Defined
  • Q2 2018

  • Company Registration
    Team Formed
    Original Whitepaper Written
  • Q3 2018

  • Whitepaper and Social Channels Launched
    Whitepaper Released
    ICO Presale Began
  • Q4 2018

  • ICO Halted - Changed to STO
    Whitepaper Version 3 Released
    Airdrop & Bounties Closed
  • Read More
  • Q1 2019

  • SEC Exemption Filed
  • Q2 2019

  • Security Token Offering Ends
    Data Centre Build Begins
    Hardware Ordered
  • Q3 2019

  • Security Token Sale Ends
    Data Center Build Begins
    Hardware Ordered
    Mining Starts
    MBTU IEO
  • Q4 2019

  • First Dividends Paid
    Listing on Exchanges
    Mining Expansion Starts
    Investor Dashboard
    Launched

Activity

Activity:
112
MEDIUM
Posts:
1 573
VERY HIGH
Views:
8 304
HIGH
Activity:
112
MEDIUM
Merit:
0
VERY LOW
Posts:
18
VERY LOW
Views:
1 075
LOW
Users:
14
LOW
Posts:
595
VERY HIGH
Followers:
16 076
VERY HIGH
Likes:
15 777
VERY HIGH
Rating:
5
VERY HIGH
Followers:
18 398
VERY HIGH
Tweets:
390
HIGH
30 Days Growth:
-250

MinedBlock Team

Verified 60%

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

Greg Wales
Founder and CEO
verified
Paul Bishop
Founder and COO
verified
Matt Ruff
Sales Manager
verified
Ruhin Kahn
Marketing Consultant
unverified
The Collective
Community Management
unverified

Advisors

Verified 0%

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

Gagandeep Singh
Advisor
unverified

2 ICO

$1 335 426

Rishabh Anand
Advisor
unverified

MinedBlock Interviews

Greg Wales
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
MinedBlock will be able to offer a great mining service to its token holders. The team are committed to making this project work and creating a genuine opportunity for those who invest in our tokens to earn additional crypto through holding our tokens. I appreciate there are a lot of scam mining projects but assure you that we are not one of them
Paul Bishop
As a team member, сan you tell us about your role in the ICO project?
Operation director, architecturing our mining equipment and managing facilities, with a successful family business off the ground I’m now looking for a bigger and bolder venture
What do you think about idea?
I’m so enthusiastic about this project and am buzzing to get this project of the ground! We have a great team backing this from different backgrounds but with key focuses on trademark assets
Matt Ruff
As a team member, сan you tell us about your role in the ICO project?
Sales and Marketing Director, building a project that supports the world we live in, giving opportunity to all looking for investment in Crypto
What do you think about idea?
An exciting project for open minded people, looking to invest in to the ever growing crypto world, part a journey that has no limit

MinedBlock Last News

N/A
5.0 20
STO Profile Vision Activity Potential Product Team
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