SWISS ALPS ENERGY
This is a distributed ledger-based energy supplier and operator of flexible modular mining infrastructure that is intended for long-term stationary use.
PROS:
- The platform provides an environmentally friendly mining of cryptocurrencies with the easy operation of hydropower plants to provide a constant and cheap supply of electricity for crypto mining
- The platform stores the data on electricity produced and consumed with their respective energy prices on blockchain making it transparently available to all the platform users
- The use of SAM cubes which are flexible and modular mining cubes provides cutting-edge automation and requires little maintenance with faster energy as they are located in the higher altitudes making the platform use easy and affordable
- The platform SAM tokens conforms to the ERC20 standards enabling it to be used as a security in the sales of the mining hardware and SAM cubes and securing the electricity costs
- The platform has a good team on board with different experienced founders in different related fields enabling the project execution
- The project white paper is properly detailed with all the required information on the use project and its associated components in ensuring easy crypto mining
CONS:
- The funds raised by the SAM token sales at the initial stages is not highlighted with the related securities
- The platform is only beneficial to the users in Switzerland as it restricted other uses in other countries
- The platform team lacks advisors to help in guiding the project
SUGGESTIONS:
- The platform SAM tokens should be made exchangeable with other cryptocurrencies and fiat to enable an extensive use of the project in other countries
- The platform team should equally involve advisors to help in guiding the project operations
NOTE:
The platform use promotes easy cryptocurrency mining through the provision of cheaper electricity from the use of SAM cubes. Consequently I will not invest in this project as it is has a limited application in other countries.
