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MoonLite (MNL) ICO Review – ICO Token News

Introduction MoonLite

The MoonLite is a cryptocurrency mining project designed with the aim of building large mining facility to mine different cryptocurrencies including Ethereum, Dash, Litecoin, Bitcoin, and Cash. This mining project will include high-tech and powerful computers to make mining process faster for different coins. The company wants to establish its mining operation in Iceland due to a suitable climate of the country that helps in keeping the large mining infrastructure cool.

Moonlite

All about MoonLite

The MoonLite project is based on latest technology to make mining process more beneficial and efficient for large-scale crypto mining. The company establishes its data centers in those countries where contractual electricity supply is clean and green with low cost. This is a reason why they have planned to develop its first data center in Iceland where average cost for industrial connective is very reasonable. The company is utilizing different types of emergent technologies and system that will play well in maximizing profits and efficiency of large-scale crypto mining.  The project using a token called as MNL and it is issued through Smart Contract and runs on Ethereum ecosystem.

The income earned from this mining process will be split in the following manner:-

  1. Converting a percentage into fiat currency which will use for operational costs and traditional investments, other cryptocurrency & blockchain (similar to Guardium, CryptoLoans, Ternio, BitCAD, Zupply, Qurrex, BEtrium) opportunities and ad-hoc re-investment into operations.
  2. Retain a certain amount of cryptocurrency percentage for appreciation and investment value; invest in various crypto-hedge funds, investment via other traditional investment channels.
  3. Use a certain percentage of cryptocurrency for purchasing important equipment and expansion of the project to worldwide.

The MoonLite is striving to become one of the largest cryptocurrency mining organizations across the world. The company will focus on using low cost, green energy; customize algorithms, artificial intelligence installation to improvise the operational efficiency and autonomy of its all data centers.

What are the Core Competencies and Strength of MoonLite?

  • Multiple mining sites
  • Multiple stable currencies can be mined
  • Beneficial for managing multiple pools and local nodes
  • Backup servers
  • Offers multiple power supplies and internet connections
  • Multiple hot and cold storage wallets
  • Backup PSU’s hardware and systems

Moonlite contribution

Opportunities Provided By MoonLite

From the introduction of cryptocurrencies, it has been grab huge popularity for investment purposes. By using ASIC and other high-performance mining equipment, it becomes easy for people to mine these currencies in more easy and efficient manner.

The MoonLite project providing dedicated ASIC and special equipment to mine:

  • Bitcoin and bitcoin derivate
  • Litecoin
  • DASH (former Dark Coin)
  • Ethereum depending on profitability at the time

They focus on continuous mining process for generating high value and stable currencies for turning some of the mined cryptocurrencies into fiat currency. On the other hand, they also want to retain the balance of crypto currency in order project expansion and investment value.

The project brings an opportunity to reap benefits from mining that comes from increasing demand for cryptocurrency and easy accessibility to the different platform have capabilities to mine cryptocurrency that can be sold to the traders and consumers.

Different Strategies of the Project

  • Mining of largest and most stable currencies by utilizing efficient and effective equipment
  • Aggressive expansion and equipment replacement policy
  • Redundancy built into every system
  • Proceeds splits into a ratio of 60:20:20
  • Mining in different pools and local in-house nodes for each of the currency
  • Minimize the power and HR costs
  • Mining in areas having low power cost

Facts of MoonLite Data Centre

The first data center of the company will be initially on leased with a non-obligatory option reserved to purchase at future date. The data centers will be established by focusing on following strategies:-

  • Large open warehouse
  • Close to substations
  • Talented staff with good English speaking knowledge
  • Give importance to clean and renewable energy
  • Secure and separate office space
  • Within a secure limit
  • Located in the area have surplus energy available on its local grid

Apart from it, the company has implemented the following security measures that are:

  • Safe and secure perimeter wall with perfect fencing
  • Data centers are equipped with CCTV cameras
  • Provide security guards and security patrols
  • There is a separate security office with control room personnel
  • Biometric access
  • Dedicated firewall server for protecting mining floor
  • Distinct security office with control room personnel

What Makes MoonLite Project Different From Others?

There are various factors that make MoonLite project different from others that include:-

  1. Similar to other tokens such as Celsius, SkyChain, Altair, Lendo, ABYSS, EQUI, Fiancia, this project also includes talented team members for the successful operation of mining. A company hires the best that understand efficiency and profitability goal of the project and have great expertise in their respective domains.
  2. The industry experts and advisors are involved in the project to enhance the value of expertise in different areas of the project
  3. They have most efficient data centers with outstanding construction, configuration, cooling, and mining efficiency. Also, they are using advanced algorithms and artificial intelligence for making smooth mining operations
  4. Best in class buy back token and profitability structure
  5. Stakeholders and general public can enjoy the benefit of complete transparency with the help of social media channels and investor newsletters in the following manner:-
  • Growth with project and data center construction
  • Development with ICO
  • Progress with mining operations
  • Direct approach to senior management
  • Investors are allowed to visit the facility after opening

Moonlite ico launch

MoonLite ICO details

  • Token Name : MoonLite
  • Symbol : MNL
  • ICO launches on : 28th Feb 2018 (GMT 12:00)
  • ICO ends on :15th March 2018 (GMT 12:00)
  • Token standard : Ethereum ERC20
  • Token swap price :0.003 ETH=1MNL

1ETH:500MNL

  • Bonus : 50% Bonus in the first 12 hours
  • Public Exchange :Ether Delta

Token Distribution

  • Developers & Advisors :70%
  • Team :5%
  • Bounty :3%
  • Presale :17%
  • Token Swap Campaign :5%

Team

Eric Krige (Founder and Group CEO)

Summary

If you are looking to invest in any ICO then investing in MoonLite Project will prove worth decision for you. There several reasons that make this project stand out like leading advisors, qualified team, excellent data centers, trusted security system and much more.

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