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This is an interesting ICO.. so Interesting I actually signed up for my 1st signature campaign in almost 5 years for it. A well run, mining organisation is so needed in this space, it surprises me that no one has tried this sooner. The team looks solid and the concept strong.

looking forward to this one..

Well i have read the whitepaper but i don't find the minimum of purchase the token, so do on the main thread sorry if i am wrong, do you can gives me about it OP. Thank you very much

The minimum contribution for our pre-sale phase 1 is 0.1ETH. We are offering token bonuses ranging from 100%-300% depending on level of contribution. Tokens can be purchased from our sale portal here: sale.moonlite.io - thank you for your query. MNL Team

Thank you very much for your answer, the number of minimum is not high and all of the people can participate on this project not whale only, i will always follow this project.

Envion gives 100% mining profits to token holders. Hows that any better?

I'm confused to read the milestone of this project, I do not see any plan there, I just see the date and month, there is no explanation there, is this possible to happen to me? it might be better if there is a description there, please change the font color to be different from the background, so I can read the planning of this project in the future

Just reading the praises of a Hero Member (coupled with the fact that it's your first signature in five years), made me digest the entire project inside out and have to say i agree a 100 with you. I deeply respect the comments of top members like yourself.

Good day, thank you for the suggestions. We will have our designers try and make the description part more clear, but the description for every milestone is written in white, directly underneath the gold block showing the day/month. There is also a clear version on our web site (www.moonlite.io) and in our white papers. Regards, MNL Team

Good day, thank you for your question. We are not too familiar with the environ business model, but there is nothing in their white paper to show that token holders receive a 100% profit distribution. It would not make sense if that were true, as the business would then have no capital to dedicate to growth plans. We on the other hand, reserve the same % amount to organic growth (35%) and we would also have sufficient capital reserves to accommodate additional ad-hoc growth costs.

our token holders receive a 35% profit distribution in the buy-back campaigns, and they have a vote in all corporate actions using an app installed on your mobile device. we are rolling out the secure.vote system -

Looks very interresting. So is the main headquaters in Pretoria or London? Will the minning be done in South Africa or England?

very interessting project.
are there any fees (on your side) when contributing via creditcard for the pre-swap?

Hi there, Headquartered for now in Pretoria, South Africa - and mining operations are to commence in Iceland in the beginning of August 2018. Thank you for your support and interest! MNL Team

Hi there, we pay a merchant fee to our bank for each transaction. the contributors pay nothing towards our costs, but depending on the fee fee structure they have with their bank, they may be charged a fee for making a card transaction.

Hello! please link smart contract.I can not find on the website

So you already got the land in Iceland and other necessary permits?
And what energy sources will be used, as you emphasized green crypto mining?

we are finalizing the land and buildings at the moment, but for operational purposes this is confirmed. we have backup options too, which will act as backups to ensure that we will be operational on time. these backups also act as options for phases 2 and 3 of the build.. all things considered, we are fairly confident that land and buildings will not pose a delay to our start date. the areas we are discussing are very close to the international airport, and that is where the highest concentration of data centers are.

All energy in Iceland is generated by Hydro, Wind, and Geo-Thermal installations. these are 100% green. and the energy will be delivered to us on a multi-year fixed base rate (still accounting for CPI)

Hope this info helps!

MNL Team

The MoonLite Project aims to add value to all token holders by employing the latest technology, rolled out in the most efficient manner, and run by the most suitable team in order to meet and exceed all performance and growth targets.Good job boss ..

good project. I think this is my first time I read about the ico based with mining project. keep this thread

Others have "tried this sooner."  I have been running public Bitcoin mining projects since 2011 (https://bitcointalk.org/index.php?topic=47490.0) that are now powered by solar, wind, and manpower (https://bitcointalk.org/index.php?topic=1783328.0).  Great to see others finally stepping up to the plate and entering the space after so many years.  Hopefully this mining project sees better success than others who have tried, as they all went bankrupt and lost their investor funds.

https://bitcointalk.org/index.php?topic=86854.0

Please ignore OG. His business is a depreciating asset. Month on month it loses V BTC price so he posts stats in USD. Also be failed to pay back loans in full due to shitty investments in mining companies. He has less hash than a hobby miner and if he wasn't treasurer for the forum and on DT would of been called out years ago. Anyway good luck all here not that we will need it

Hi everybody, thanks for all the support! it means a lot to us!

@Xcvbkol - the link to the white paper is here: https://www.moonlite.io/wp-content/uploads/2017/11/Moonlite-Final-White-Paper.pdf

we also have a referral program in place for those who are interested. to sign up, visit sale.moonlite.io and hit "referral program"

Thank you all!

MNL Team

Thank you for the great words!

If TMAN is shilling for something, you can almost guarantee it's not honest.  Be warned.

It is foreseeable that if all the goals are achieved, the return will be amazing. I have a problem. you said:"100% of the energy you consume is generated using Hydro, Geo-Thermal, and Wind sources." ,The energy is affected by the season and the weather. how do you solve this problem?

Thanks for the answers. Just hoping that everything is true and legit what you are saying here.

Moonlite is listed on CryptoStills (http://www.cryptostills.com/publications/2018011304.html)

Presently at a Bronze (http://www.cryptostills.com/) podium position

• Full project presentation
• Continuous Twitter news updates
• Website and Twitter linking
• Moderated discussions

Nevertheless sounds interesting. Payback (reducing effective number of coins and generating a market) plus additional payout makes this one really interesting. Properly managed this should be also profitable.

Please take your drama elsewhere instead of trying to damage a good project.

The ratio will be placed to a vote by token holders on a quarterly basis sounds interesting, like we will be part of your project?

Yes that is correct.

People should be aware that this ICO is paying users to advertise who attack other community mining projects. That’s obviously not the kind of behavior any sort of honest issuer would engage in. It’s actually a massive red flag.

Hi,

Currently, The team not yet or can't released it to the public. Which reason The smart-contract's being audited, and will be released to public when it is complete. That's will be closer believe me. As you know when you checking an information for smart-contract in website. The Smart-contract will be produced by The ICO Rocket (theicorocket.com), Then the ICO underwriter and being audited by Smart Dec (smartcontracts.smartdec.net).

I do understand your frustrations regarding TMAN's reply but I think it's wrong to generalize, not all people who are a part of this team's signature campaign are attacking other community mining projects, if you've check the post history of all members who are a part of this team's signature campaign then you realize that majority are not attacking other community mining projects, most of us don't even reply negatively on threads regarding community mining projects. Don't get me wrong here I'm not attacking you, I'm just stating facts, in all honesty I do appreciate your post, I don't see anything bad in what you've posted and it's quite nice that you're trying to inform the public regarding past mining projects that end up unsuccessful, but as you've notice that thread was created years ago and a lot of technological innovations regarding mining have been created since then, this project has a really solid team and it's quite obvious in the whitepaper that they have the resources to revolutionize and make mining so much better and so much efficient to a lot of users. This project has a remarkable vision and it can really benefit a lot of miners like yourself so I don't think the red flag comment is necessary, this is a thread so people having different thoughts and point of views on things are very common but I don't think that could be a red flag or a proof that a project is not legit.

I alerted the ICO account that they're paying a user who is bashing other community mining projects, thus alienating the very market they're trying to reach.  Considering they're planning on paying their advisory team $300,000 (out of the raised funds from users of course), you'd think you could get a response. 

as you can see OG and I do not get along, I do not agree with his closed door trading, the fact he doesn't honor his debts or the fact that he is an arrogant self centered fool...

now the fact I am promoting a well planned operation that is in no way competition to his "Fanclub, that is more like a charity than a business" seems to of annoyed him.. so win win!

OG- please go back to your "charity" work and leave business people alone..

thanks 

Hey everybody,

Apologies for such a late reply... I will reply to all comments over the last few days in this post:

@dakszmey ~ definitely, the ratios by which the mined currency will be split according to the outcome of a vote that will be held 4 times a year. we actually let token holders vote on every single corporate action such as: split ratios, new execs, new directors, investments, expansion and expansion levels, all the way to "if we wish to change our corporate colors from blue to red" ~ one of the pillars that our company is built on is transparency & token holder involvement, so you are def part of the project!

@dorismak - we have a  power supply agreement with the producer. we have 100% energy supply (0% downtime) guarantee, and a multi year fixed base price agreement to ensure costs remain the same + CPI. these 2 basically contractually guarantee supply and price. Iceland make a significant portion of their energy from geo-thermal installations, and this is not weather dependent.

I have seen some comments which question or even try to degrade the sincerity of the project and its rollout. to explain this, we appointed an independent external auditor who will provide the following: audit of power supply, power price agreements ; audit of premises and associated agreements ; audit of the milestones and timing ~~ literally every single thing we have written into our timeline and white paper is audited and publicly reported on. if we miss 1 goal, it will be public knowledge.

we have developed a tight rollout schedule, but it is achievable. just watch this space. pre-sale tokens are nearly sold out, so be there or be square ;)

Mining crypto currencies will be made easier than before because of MoonLite Project. This project aims at providing industrial scale data centres in the crypto mining industry. And hence it will be a breakthrough in the future of cryptocurrency mining.

In order to maintain this project, a team of experts have come together to look after the working system. On the other hand, with MoonLite project by your side, you can see that there is mining of some of the popular crypto currencies in the market such as Bitcoin, Ethereum, DASH and Litcoin; while green energy puts itself in to use to mint them. As a result of which you become part of a smart project that leads you to some of the unique things.

No worries.  You're planning to pay yourself $300,000.00 out of the raised funds here and issuing 83% of the tokens to yourself and team, so it's reasonable this wouldn't have your full attention.  Any response as to why you're paying users to advertise who bash other community mining projects?  

Let us have some fun and do the math.  You plan to raise, what?  Let us say by some miracle you sell out the presale and raise the $2,550,000 needed for your numbers to be accurate.  $300,000 of that money goes in the advisor's pocket immediately.  That means each person's invested $1 is now worth $0.88.  Even worse, they'll only get 17% of the produced tokens, making their $1 investment in "Moonlite" now worth <15% of the funds they put in!  

It actually gets even worse though as only 28% of funds are marked for actual hardware.  That means a $1 presale investment gets turned into only $0.04 worth of mining equipment!  Don't forget that you got a 300% bonus, so it's expected that future token buyers will pay $0.34 for that ~$0.01 in mining equipment for the presale token holders to break even.

I didn't even add in the 45% "Setup Expenses" or the 3% Capital Distribution to the "Advisory Team" or the 23% Profit Distribution for "Provisions" which I don't know what that is.

Looks to me like you want investors to buy you equipment, pay you to setup a mining facility, pay all your costs, give your team 83% of the mining operation for free, and pay you $300,000 for this privilege?

Please explain to me what I'm not seeing.  Please use real numbers and show what a $1 investment in the token presale will turn into as far as mining equipment, and what % of that mining equipment will generate profits for the token holders.

TL;DR

Turn your $1 into $0.04 worth of mining equipment in the form of 3 tokens that you get to pay someone to setup and manage for you, then try to sell each token now backed by ~$0.01 of hardware for $0.34 so you can break even!

I saw the project moonlite this is a project that good, with the concept of a clear and the strong I’m pretty sure if this project will be successful get investors, the idea of the idea of the project is really nice and the team of this project me a pretty professionals, I was excited to follow the development of the project and I hope this project will be successful

It's great that you are really allowing investors to be a part of this journey with you, it's nice that token holders have the advantage of participating in the decision making and in the process of moving this project foward. I think this feature is really beneficial to token holders and to everyone who is a part of this community. It's a huge plus that you're offering a feature like this, I'm sure everyone who's putting their money on a project that they like really wants to be part of the team and to take part in every endeavor that the project will encounter. I'm sure with this feature, there will be nothing that will hold back and keep this project from reaching the success that it deserves. I really applaud the devs for their transparency, it's rare to find a project that will let you be a part of the team, it's really amazing that you're giving the token holder the chance to be involve and part take in every decision making process behind the scenes. The way you answer the questions that were being addressed on here just shows how transparent you are and how reliable the roadmap is, I'm really glad that you mentioned that there will be an independent external auditor that's responsible to provide the auditing, that will really help maintain the transparency and avoid the team from being biased when it comes to reporting to the public. Thank you so much for being on here and we really have nothing to worry here because it seems like the team is really equipped to achieve the tight schedule that's being presented in the roadmap.

Hi again everybody, thanks for the great support. it is truly humbling to see how well the project is being received by the global community, and to see that our intentions are being received as intended.

This has caused sales to soar! we had 17,000,000 tokens allocated for presale, which were supposed to last about 8 weeks. these have been snapped up, and don't look as if they will last another 2 weeks. this is truly an honor! so thanks to everybody for that.





To address the so-called "points" as raised by @OGNasty:

I really do not know how you could draw these conclusions? there is nothing in the numbers, or white paper, or web site, or reality, from where you could possibly deduce this info? I can only imagine that these numbers were thumb-sucked to de-cred our project.

- the total team tokens are 5% of the total supply, locked up for 180 days. this is clear in the white paper, web site, graphs, token swap summary, everywhere? I am not sure where you see that the team has "allocated 83% of tokens to itself" ; nor are we "paying ourselves USD300,000" at any given point. the profit distribution allows for a small team bonus on an annualized, performance based bonus. THE INFO YOU HAVE PUT IN YOUR POST IS SIMPLY INCORRECT AND MISLEADING

- regarding "only 28% of funds go to equipment" - this is also incorrect. we are building our first data centre in 3 phases, just to be frugal. 100% of capital allocated to phase 1, 2, and 3 is used for equipment, construction and setup & retained cash. not $1 is spent on anything else. this is clear in our financial forecasts and Capex budgets on the investor section of our web site. to take this further, we are aiming for $30m-35m on for our ICO. only $12m is allocated for the first data centre. this is again, just for redundancy and to be safe with investor funds. this additional capital (USD28M+) is kept in cold storage until used for expansion. once our first DC is live, we are then in a position to expand with the capital we have raised and stored, instead of waiting for operational profits like pretty much any other mining operation (all expansion decisions and source of capital to be used are vote upon by all token holders) // by managing the cash reserves and deploying operations in a slow and controlled manner, we are preserving capital security, and not wasting public funds on "school fees" -- everything we do is audited and publicly reported on, and voted on where needed --

- setup costs are absolutely minimal, around 10% of capital spend during construction, not 45% - this is made up of construction costs and other costs directly related to equipment housing and installation.

- to correct you on your assumption on what we "expect" of our token holders. we expect nothing from anybody. investing in this ICO is totally voluntary. we use 100% of invested funds on equipment, setup, and the balance stays in cash/currency, and provide audits on every single step. we keep the business almost 100% liquid, and after month 2, 100% liquid (cash and unencumbered assets)  ; plus we mitigate risk on every possible level, from currency depreciation, energy, equipment, team, weather and more.. we promise security and transparency to everybody. 

- Lastly, you mentioned that "by some miracle, we raise $2,55m" - well that was less than the first week's token sales. we will be sold out of presale tokens in the next 2 weeks or so at current rates - around 55% of the way through our presale phase. our seed round was oversubscribed by over 200% in the first week. we expect a full sellout of MNL tokens during our ICO, which may raise around $80m-100M (depending on bonuses paid) if we succeed.

- the maths that you have used to attack our project is fictitious, and frankly laughable. I could not even use those numbers as a means to comment, as they are so wayward, and 100% made up.

I feel that this thread is heading in the wrong direction, and although I invite qualified questions, to which will be answered as best we can, I ask you to please cease this fruitless line of trying to shoot imaginary holes in our project. we have done everything in the spirit of transparency and blockchain. it is actually disappointing to be reading your write ups.

**** AT THIS POINT THE MNL TEAM, MOONLITE PROJECT, AND ALL ASSOCIATES, EMPLOYEES, ADVISORS AND AGENTS HERBEY RECUSE OURSELVES FROM THIS LINE OF COMMENTING - ANY FURTHER COMMENTS, FICTITIOUS NUMBERS, ANGLES OF ATTACK AND ANYTHING TO DO WITH @OGNASTY WILL BE IGNORED. WE WILL NO LONGER BE RESPONDING TO COMMENTS IN THIS SUBJECT/LINE****

After reading a profile of this project I have seen have great future prospects. Thus I also hope this project goes smoothly until the ICO is completed.

Thanks for the kind words.

Here in Moonlite project I see a good opportunity for ICO investors to buy at big discount price. I want to support this project investing but firstly need to analyze in details the whitepaper. The project have very good idea. It is little similar with Envion project that was very successful ICO, recently they raised more than 100 millions dollars.

im very excited about this monero project and i have joined , looking forward to this project evolve and much more improve and im wishing it a big success in the near future. goodluck dev/team and merry christmas.

Hey everybody, thanks for your well-wishes and messages of support....

Perhaps the most promising project

 :) good ico

I made a little tiny investment, fingers crossed
All these praises from newbie accounts are freaking me out

Also, you need to up your discussion skills a bit if you want to prove you're legit, addressing a legendary member from a newbie account that way won't help your cause at all
If you can't handle pressure at this stage how can anyone trust you with their money, tens of millions of $ is lot more of pressure, don't you think?

I love this - green crypto mining. It's about time someone has done/doing something about this. We all need to do our bit to save the environment before it's too late.

@MoonLite Project ICO Why is it stated here: https://www.linkedin.com/in/eric-krige-0b04bb32/ (https://www.linkedin.com/in/eric-krige-0b04bb32/) that "EMK Bulk Carriers is a subsidiary of EMK Capital"?

I've contacted EMK Capital. They replied: "EMK Bulk Carriers has no relationship to EMK Capital."

In addition, why do you state "Pentahash Mining is a newly formed company, which operates in the crypto-currency mining space. We have procured the equipment for the first roll-out phase for our first data center. Pentahash will shortly be, and will remain the largest crypto-mining operation in Africa with the following capacity" here: https://www.linkedin.com/in/eric-krige-0b04bb32/ (https://www.linkedin.com/in/eric-krige-0b04bb32/)

This while it is stated here that "Our mining operations will not have significant market share in global mining operations; however will be the largest mining operation in South Africa, we will easily be able to expand further due to the excellent and lively nature of the operation": https://medium.com/@lalurieno/moonlite-operates-in-crypto-currency-mining-space-to-start-mining-bitcoin-bitcoin-cash-dash-cd59e9245cd6 (https://medium.com/@lalurieno/moonlite-operates-in-crypto-currency-mining-space-to-start-mining-bitcoin-bitcoin-cash-dash-cd59e9245cd6)

In other words, my question is: Which of the two companies and/or projects are going to be the largest, Pentahash Mining or MoonLite?

Furthermore, where can I find more information pertaining to EMK Bulk Carriers and The Capitevo Group?

Thank you for your time and effort in this regard.

By the way: This looks like a great project. The aim of my line of questions is to satisfy my due diligence. It is not designed to discredit you in any shape or form.

Rank doesn't matter that much. To have a newbie account is better than buying a legendary one.

Thanks

I've pmed devs to respond here.

Hi Paulmaritz,

thanks for your 2 comments.

By rights, the linked-in profile of Eric Krige needs to be updated, so thank you for this. Pentahash was actually the genesis to the MoonLite Project, when we first planned to do it in SA as a private project. As the project scope grew and we realized what we could create, we exited from this original plan due to several factors ranging from political stability, energy prices, energy supply etc, and pentahash was downgraded to a non-project, while we focused on MNL. the equipment is privately owned and operated, and is of no direct interest to the MNL project. the equipment will ultimately be merged into the main data centre as part of MNL (at no cost), and pentahash will be terminated. the important thing to note is that this was the testing ground for the systems, procedures, AI, custom codes and the like, that will be instilled in the MNL project.

in a way it was actually a very important development step, but I can understand the confusion, so I apologize for this.

EMK Capital (Pty)Ltd is a SA registered company, that holds the business interests of E Krige in SA. this is not related to MNL or the Capitevo Group.

The corporate structure for MNL is fairly complex, as we have to be compliant in many jurisdictions, and we have to provide token holder security. in short:

1)Capitevo Group is the holding company (in registration) - this owns all companies below it, relating to the MoonLite Project.

2a) A LLC still in registration in Iceland will own the physical operating equipment, leases, HR contracts and the like, and will function as the "operating entity" for the MNL project
2b) The data centre property and buildings will be purchased through another pre-registered Icelandic corporation to make the process shorter, less complex due to foreign land ownership laws, and reduces transfer taxes - in other words, the property we are buying is already in an LLC, we would effectively be buying the stocks in that company.

3) Capitevo Investments (in registration in 2 jurisdictions) is the investment arm of the group, and executes investments as per the whitepaper and token holder votes.

we have not elaborated on corporate structure as most would find this confusing and would tend to think down the path of "scam", but this is certainly not true. the structures are designed to provide security to token holder capital in the event of downside risk becoming prevalent, and to take advantages of tax laws, and to comply with multi-country laws in many jurisdictions. although not really elaborated on, this is something we have spend a great deal of time and money on, getting it "just right"

E Krige's linked in profile will be updated to prevent any further confusion. we hope this has answered your questions.

MNL Team

Thank you for the timely response and explanation. Much appreciated.

Can you provide me with the registration numbers of EMK Capital (Pty)Ltd, the Capitevo Group and Capitevo Investments? In addition, can you confirm that you have no relationship with this company: https://www.emkcapital.com/ (https://www.emkcapital.com/)?

Furthermore, "London, UK" is mentioned at the bottom of the MoonLite website to your left. Which of the groups and/or companies involved are registered in London?

Have done my contribution  ;)

I am so glad I found this project by clicking on one of these signature campaign members signatures, because I seldom browse through the Alt Coin / ICO's section ::)

I have been searching for a project like this for a long time and have found a home at last.

I signed up immediatly after reading the white paper and figuring out that this is the real deal and not just another faceless ICO. <There are so many of them>  >:(

Good luck guys, I hope this one will be the one giving the Chinese a run for their money. ^lol^

I second that request. If legit, you should be able to answer these questions easily.

It didn't come in my knowledge whether it was clarified or not but I would still want to know about this. Usually a maximum of 100% match bonus is offered but you are going out of the way by offering 100%-300% why you decided to offer this much ? Was there any specific reason behind this initiative ?

i like the concept in this project, and very interesting to see the bounty program managed by atriz, it's will very interesting to participate in this bounty program and hope will be success.

I read the whitepaper and it says on the page 18 that Phase 1 pre-sale opens on 5th January, but this ANN was posted on 9th January. Why is that?
Also the 35% is relatively small share of profit that you are going to use for buy-back compared to similar mining ICOs. Ice Rock Mining will pay 50% of all profit from mining to investors. Also their electricity is cheaper ($0.03) and they also use green energy source (hydroelectricity).

waiting for more details

Good day everybody, thank you for your overwhelming support. I will attempt to answer all questions here:

@laurenB7742 - I am not at liberty to talk about another project which I am not familiar with. 15% is a relatively small percentage anyway you look at it. we have pegged profit distribution to token holders at 35% as we also have an aggressive expansion policy and we feel that this is the best ratio that allows for generosity and expansion to run hand-in-hand. it may also be worthwhile comparing capacity and expected output. 50% of a smaller project may be less than 35% of a larger project. lastly, we allow our token holders to vote on this ratio 4 monthly.

also, does this mining operation have a 12 year fixed base price for their energy?? ;)

@jtalk - we have attracted more than $5m worth of investment at our top bonus tier which would otherwise have been forfeited. this was the plan all along. some ico's offer much more than that too. from 1 February, we reduce all bonuses to 50%, irrespective of size.

@paulmaritz - as seen in my previous post, the 2 companies (for this project) are in registration in their respective jurisdictions. you are welcome to email me at eric@moonlite.io to request any information of this sort, as it is sensitive info and should not be broadcast in a public setting - however we are willing to provide this info on a case by case basis to interested parties. I own interests in a company names EMK Capital - is non party to this project, and is not related in any way to the company you speak of.

we are really blown away with the support received for our project. phase 1 has had a terrific response, and the final numbers for this phase will be released in a press release, as well as via this thread, social media, and email newsletter (sign up on www.moonlite.io)

This ones looks interesting!

Bitcoin Garden: Moonlite, the First Smart-mining Solution
https://bitcoingarden.org/moonlite-first-smart-mining-solution/

As the cryptocurrency industry became more and more popular – a lot of people purchased cryptocurrency mining devices and started mining on their own. As this may sound like great news, it’s not really like that. According to a study, by 2020 the cryptocurrency mining industry would consume more energy than any other. And that will be harmful for the environment.

Luckily, The Moonlite Project plans to revolutionize the way cryptocurrencies are mined by mining at an industrial level using only sustainable, low cost, green energy. The project will mine several cryptocurrencies such as Bitcoin, Bitcoin Cash, Dash and Litecoin by using the newest technologies, Artificial Intelligence and custom algorithms to the betterment of operational efficiency and profits, while also lowering the occurrence of unplanned down-time....

Personally I am not convinced. You want the public's money, but feel the need to keep vital information out of the public sphere. Best of luck to those who buy into this project. They will have little to fall back on if you decide to run away with their money.

Why is there not a KYC with this?  I've been skeptic of ICO's which don't require a KYC.  Also, does that mean all countries are available to purchase?

im very interesting ..... i wanna swap my eth

Hi everybody, just some answers to the questions to date:

@Zorbaks , great, thanks for the support. you can easily contribute at sale.moonlite.io

@coinfreak2018 , we have had law firms inside and outside of the US involved in the legal consulting of our ICO and offering. through their advise, and the advise of our advisors, we have elected to keep the process of participating in our as simple and paperless as possible. we are also not contravening any laws by doing so... we have excluded US citizens from our ICO terms and conditions, but we have also spent a great deal of time ensuring that our offering is strictly NOT a securities based offering, so it should actually be quite safe still. we of course do allow accredited investors to participate, and we collect that documentation separately.

@paulmaritz , we respect your opinion. every step of our timeline and rollout process, including all financial and token allocation processes are independently audited. these results will obviously always be made public. you were asking for registration info about companies that are still in the process of registration in their respective jurisdictions, so we are not yet prepared to release this info (unofficial) in an informal environment like BCT. this info will be finalized and made available for everybody to see on our web site and in an official press release. you were also asking for registration info for private companies not related to the MoonLite project. lastly, the theft of public funds is not a threat form our side, but we can obviously understand that there have been many scams around, and that people should be cautious.

Thank you to everybody for your support! Speak soon!

MNL Team

Hi everyone - I'm a newbie here and a complete dummy. Therefore, could anyone please kindly tell me exactly how I sign up for this MoonLite Bounty offer pleeezzzeee?  ???

Hey Guys. Moonlite just got a mention on BBC webiste . So they are planning an initial power input of around 15 MW for the data center.

Here 's the link on BBC news website:
http://www.bbc.com/news/technology-43030677 (http://www.bbc.com/news/technology-43030677)

It says
If you leave around 3 MW for auxiliary powers, cooling fans etc (not needed much in Iceland of course), then we come to around 12 MW of power for mining. An Antminer S9 is 1300W for ~13TH/s. That 12 MW can power a whopping 9230 S9's.

Comments from the team are welcome. :D

I have read in moonlite site that the token will be listed in etherdelta only.
Don't you have any plan to list for any other big exchanges, such as binance, hitbtc or something similar level?

In my opinion, Moonlite is a good project and it should deserve to be listed in top exchanges.

will it not be unfair when the token bought back is the same with a bitcoin crash? I find it hard to sell if that will happen

This project looks very serious.  Can you explain to me.  How many programmers do you have on the team?   Thankfulness.

Looking forward for development of moonlite.

@MoonLite Project ICO

Interesting project

Stumbled on something when reading the whitepaper.

"Exempt from VAT, and VAT claimable on all Data Centre Equipment"
How does that work? Thought you had to pay VAT on all purchases regardless?

"Corporate Income Tax at 20%, with the possibility of a ceiling"
What do you mean by possibility of a ceiling?

Appreciate your response

I am also interested to see what exchanges will support Moonlite tokens. If you want more people to buy tokens after the ICO presale, it will be beneficial to get the major exchanges to support it such as Binance, Bitfinex, and Bittrex. If you can get those on board, I think you will see the value of the tokens increase because they will be available to more potential investors.

Moonlite’s future plans include the construction of their first Data Center, which will start on the 2nd of April 2018. The next step would be to have the mining hardware delivered, installed and configured on the 1st of July 2018.

By the way, where could i get more information about this project?
I just found 3 social media button at the first page, can I have a link to the site or whitepaper?

Check out my new Blog Post on MoonLite here:

https://icochat.wordpress.com/2018/03/12/individual-crypto-mining-is-not-cost-effective-use-moonlite-and-reap-the-benefits/

Great article explaining the benefits and why MoonLite is more efficient than individual crypto mining.

And here is a second blog post:


https://icochat.wordpress.com/2018/03/13/more-about-moonlites-cryptocurrency-profit-sharing-scheme/


A second very well written article explaining how MoonLite's profit sharing works for the token buyers.

Any comments about my articles are always welcome. 

See the two blog posts I just posted they contain lots of information and all the links you were asking about.
Good luck.
Moonlite MNL tokens are a strong buy. 

Soon Pre Sale with 30% BONUS https://twitter.com/WoroOfficial (https://twitter.com/WoroOfficial)

I heard that getting listed on many of the exchanges like Binance, Bitfinex, and Bittrex is very expensive.  Does anyone know how much exactly  (I was told it can cost 30-40K USD to get listed).

Also, I think Kucoin should be considered as an exchange to list on. It is a great small exchange that is growing rapidly.

Moonlite will be procured as the 3rd largest data center in Iceland, alongside the conventional cloud, storage and HPC center's, and the largest crypto miner in Iceland. Only 6 days left of their ICO - last change!

In this project, professionals from different areas. The project has a high chance of success.

Really looking forward to seeing this unfold! Great stuff.

Any response to this question appreciated.

Very interested in the project so I'm curious as to how this works in Iceland.

The ICO is ending,but the target is still far away to be reach, will the ICO time extended?
I think this is somehow a nice project, I hope there will be next phase for the ICO, so the target reached.

good project. I think this is my first time I read about the ico based with mining project. keep an eye on it and good luck to this

yeah im sure ico will have for phase 3
rised total till now is $7.000.000 and 15 hours before end , i think its not powerfull ico
dev you need to make extra ico round.

looking forward to this project evolve and much more improve and im wishing it a big success in the near future. good luck team and the dev.

Is there any evidence of this claim?  Without proof, I'm ready to flat out call this ICO a scam.  Please prove me wrong by signing an address with >$7,000,000 held there.

I'm not sure from where inoes got this figure > $7,000,000
Their website says a different amount raised so far and it is not $7,000,000. It is $31,000,000
So if their claim is genuine then they should sign a msg from an address where this amount is resting $31,000,000, so that the community can feel assured.

Image for ref:
https://i.imgur.com/jXAbHtNl.png

Good day to all the community members and people who wrote on this thread.... I must apologize for taking this long to reply, I normally received a notification about a new comment on the thread. Not sure why this was missing this time around...

due to limitations on the number of replies I can do in a certain amount of time, I will combine all answers in this reply, and the team will monitor our ANN thread far more closely in future..

@btcthor : again, sorry for the wait. Iceland allows exemptions to IT and similar projects that meet certain requirements (we do) - the IT equipment is exempt from VAT or import duties (effectively 0% Tax) & corporate income tax is capped, irrespective of revenue - there are no maximum / minimum thresholds.

Our income from presale and ICO was around $9m , and additionally we received around $21m in large scale institutional investment in many forms (direct investment to the project, bank guarantees for suppliers, property purchase guarantees, and other instruments such as credit lines for IT equipment etc) - our capitalization model is fairly complex, as we could no longer rely on 1 smart contract address to get 100% of our funding. in these tough ICO times, we would have failed if it were not for being more dynamic in our offering/approach

we made certain deals with large scale investors that allowed them unseen security and liquidity inside of the deal, such as bank guarantees presentable to our suppliers who require guarantees - the net result is we did not have to fork out our ICO earnings on these commitments.

I would like to re-itterate:

- our project has been funded successfully, and we are proceeding as planned
- our token is trading on fork delta (ether delta too, but more slowly) - (https://forkdelta.github.io/#!/trade/0x0d62dc6cd8c81dca8caadccf01ffe7c1f31d9402-ETH (https://forkdelta.github.io/#!/trade/0x0d62dc6cd8c81dca8caadccf01ffe7c1f31d9402-ETH))
- all pre-sale tokens have been successfully distributed to the contributors
- our bounty tokens have been sent to the bounty manager, and are currently being distributed to the bounters.
- we are working with 3 other exchanges, but will be holding a vote amongst the token holders as to how we will proceed with this - more info in the newsletter mentioned next;
- SEE OUR MOST RECENT NEWSLETTER FOR MORE DETAILED INFO ON THE PROGRESS OF OUR PROJECT, YOU CAN EVEN SIGN UP ;) - https://mailchi.mp/f13262116868/ready-set-go-data-centre-here-we-come (https://mailchi.mp/f13262116868/ready-set-go-data-centre-here-we-come)

we are super grateful to the community for embracing our project, as without this, we would not have been funded to the levels we see today. Any talk of Moonlite being a scam is not even worth replying to - my suggestion would be to start saving for your trip to Iceland in Aug'18, where you can come and visit the DC, and see it with your own eyes. I don't think a little "reply" on BCT would suffice in this case

MNL Team
 

Would the profit distribution go up if the price of bitcoin is up? Or profit distribution is based on dollar profits. I hope your project should hit real top exchange as well. The bull market seem like returning... moon soon

I participated in the signature campaign for this project for all 10 weeks. Is there a reason why I haven’t received the promised MNL tokens?

0x4abf8DE5EFFb7A42957629B27801320d541176Bf

Do you even know how to read or just ask questions first? Here it is written in English

Did you read my question or just ask your question first? I asked about the "signature" campaign. I'll try to explain in English and I'll type slowly so you can understand.

The Moonlite project ran 2 separate campaigns:

1) Bounty https://bitcointalk.org/index.php?topic=2712514.0

2) Signature https://bitcointalk.org/index.php?topic=2712518.0

The "bounty" campaign consisted of email, telegram, twitter, content, facebook, and translation.

The "signature" campaign consisted of signature space.

I hope this clears it up.

You can not limit yourself and write faster, I have time to follow the flight of your thoughts. Nevertheless, show me at least one ETH address from this topic https://bitcointalk.org/index.php?topic=2712518.0 who received the Moonlite token rewards. Nobody got this reward, you just need to wait!

https://etherscan.io/token/0xca47f156d476c4e70d8081a149b64d5634695add#balances <What does that tell you?>

I was also interested in investing in this project, because it ticks all the boxes, but then I browsed the forum and found this thread. I saw you complained and then I browsed to the signature campaign thread and checked the Ether addresses that were used to sign up for that campaign and no MNL tokens were transferred to those participants.

This raised the red flag for me.  ???

bounty very interesting. I will follow your project

I participated in their signature campaign and as yet, not received any MNL tokens as promised as part of the payment.  ::)

Signature Campaign thread -- https://bitcointalk.org/index.php?topic=2712518.460

Proof of ZERO payment -- https://prnt.sc/jarcfy

Email was send to investors, claiming :

" •A total of 36,012,813 tokens have been sold, and are in active circulation."

" •We have received contributions from a number of funds and institutional investors, as well as significant investment from Individuals totaling nearly $21m. "

" •ICO and Pre-Sale raised a little more than $9.0m. "

So it was fairly successful and millions were raised for this project. Why would they not pay their "Signature" marketers?

I am not asking, because I want to sell it now... I am interested in the future of this project and would want to buy some of

the remaining tokens that are still available, but I am not going to invest... if these people are not honouring their

promises.  ???

goodluck to the team

I also participated in that campaign and never received the MNL tokens. I asked a couple of times with no straight answers.

I think it’s a fair assumption at this point that the project failed and they haven’t bothered to pay out the tokens.

The thing that is puzzling about that is if they want to claim that the project still could be successful, then not paying out what they owe is bad publicity. They would have nothing to lose by paying us worthless tokens.

I also participated in the campaign with bonuses and still there is no payment.  At once there was an attached message in the telegram (the bounty of tokens will be distributed within 7 days of ico ending).

Then we sent to the manager for bonuses aTriz. 

aTriz confirmed this
https://cdn1.savepice.ru/uploads/2018/4/28/8af61e62b415e1c6c8132c15c837248f-full.png

Then they wrote that payment will be made until April 28.

Today already 28 (ends) there are no tokens

Hi everybody,

it is concerning to us that the bounters and sig members have not yet received their promised tokens/btc. We appointed Atriz, who we understand and still believe, is a top bounty manager with a great track record.

the team at moonlite did not manage the campaign, or have any knowledge of its workings. Here is some info, which I hope helps:

1) sig campaign was billed and paid in BTC (to the manager) upfront (payments in beginning of Jan & Feb & Mar, for the whole month) - it is our understanding that this BTC gets paid to the sig members accordingly, and that this is taken care of by Atriz. From our side, the whole cost of each month was settled in full, upfront.

2) the bounty camp worked the same. Atriz runs the camp, and tokens are paid to the bounters accordingly. here are the tx hash's for the payment of the bounty tokens to Atriz so that they can be distributed, please note the dates:

- 0xee58ac823b6289c226d86eda81ffcf699b354a157fbef3aa23900de135e0e8cf
- 0x8e53a71f9dbf91cf4ce175a547ba6c81a80ff3e0d6de518d2848675fb0798fd0

1m tokens were paid over 37 days ago.. (the first payment of 50,000MNL was a test to confirm)

** it is very disappointing to see someone on our thread mention that they were interested in investing until seeing the bounters/sig members complaining on our thread. As the team, we have been in communication with Atriz to get things finalized ASAP, as we are an honorable organization, and never want a good reputation tarnished by 'non-payment of commitments' **

We also understand that there is a tremendous amount of tx's that need to be processed from by the manager, and that this does take time. it is a semi-manual process at best, and it is not reasonable to expect this to be completed in an instant, but as a team, we remain committed to getting this issue sorted out, and to ensure that everybody gets their tokens/btc

we ask for your patience, and trust. As a project, we have had a successful ICO, even in trying times, and the project is progressing normally.

for more updates, you can join our telegram group : https://t.me/moonliteico


***** update from Atriz just minutes after this post went out ******

https://bitcointalk.org/index.php?topic=2712514.msg36195190#msg36195190

 I wrote an article to help promote the excellent, recent MoonLite project  developments (based on the official update).  It will allow the update to be seen by a wider audience. 

See:  https://icochat.wordpress.com/2018/05/04/moonlite-ico-update-april-may-2018/

The article is also cross-posted to my steemit account for wider exposure here:

See:  https://steemit.com/cryptocurrency/@cryptomoose1/moonlite-ico-update-april-may-2018

As usual, any comments and ideas for other articles to help promote/market MoonLite are always welcomed!

Go MoonLite... a cryptocurrency that truly has the capacity to go to the moon!

Good day everybody!

Thank you for your ongoing support. Here is a link to our latest newsletter, where you can also subscribe and view previous editions:

https://us17.campaign-archive.com/?u=190461ccb5faf89f04cc5034c&id=f33eb383ac

MML Team

Hi again,

RE: BOUNTY

Our team has come across some negative information related to our bounty manager, and have discovered various reasons for the delay of the bounty payments which are no longer acceptable to us.

We have recalled (and received back) all of the bounty tokens which we paid over to Atriz.. these are the tokens you have been waiting for.

Our team has had the smart/airdrop contracts created already, and we will be paying over the bounty tokens to the bounters OURSELVES.

We can now promise that tokens will be paid during the course of 23/24/25 may, as we are now no longer waiting for someone else to make this happen.

You can view the spreadsheets here:

sig campaign: https://docs.google.com/spreadsheets/d/1VzHGicT7YgeuDMxQ1P2pnCkeQT8lG9llLiMYZKi4SKU/edit#gid=1652843929

bounty: https://docs.google.com/spreadsheets/d/1vzV5UbGebhTcQqKt-YbNf4MruSj1T56ZvWWmNrPqI84/edit#gid=519574122

***please note that the team was not involved in the bounty/sig camps, and have no knowledge of how it worked. we will be distributing tokens as per these spreadsheets, and will not be able to make changes to allocations.

Keep up to date with things as they happen on telegram:

Group: https://t.me/moonliteico
News Channel: https://t.me/mnlupdates

We apologies for the delay in the distribution.... and have been let down ourselves, but we are committed to ensuring everybody gets their payments.

MNL Team

Hi MNL team... i have take a look into the spreadsheet, but there is no facebook&twitter sheet in there.
BTW thanks for everything :)

this is good news. And today is the last day, to receive a reward. I hope this happens. By the way, yes in your Google table there are really no results of the work done, for the campaigns of Twitter and Facebook. Why?

I registered for this campaign with this :

BTC Address: 19k8q8SdW8KSiuBDY3PnY8J9HccHoVa6ET
ETH Address: 0x5a6FcC33133710062FF49CB64F43DF81FF8af308

Check for yourself, there are no tokens distributed to my ETH Address.  ??? ::)

https://etherscan.io/address/0x5a6FcC33133710062FF49CB64F43DF81FF8af308

So much for promises, right?

This is very unfortunate, because I thought this project had a lot of potential to be one of the 10% ICOs that are successful.

IMPORTANT UPDATE REGARDING BOUNTY:

Thanks to a bounty participant who contacted us, and supplied us with the link to the Facebook and twitter spreadsheets, we have been able to add those stakes to the payment schedule.

It is very important to note that the MoonLite team DID NOT have anything to do with the bounty program, management, nor the creation of the spreadsheets. We simply took over the token distribution process when it became evident that the tokens would probably never be sent out (by the bounty manager)

Please note these points:

* we have calculated the tokens per stake as per the original plan as seen on the first post on this thread
* we have applied 1 stake per line - its your lucky day to those entries which should be rejected. we do not have the know-how or resources to check/follow up on each of over 20,000 entries
* the only lines which have 0 stake applied, was done by atriz - we assume that those items never met the requirement.
* wallet addresses which have been incorrectly submitted have been removed - no payment for these lines is possible
* PLEASE NOTE THAT WE DO NOT HAVE THE ABILITY TO CHANGE/EDIT THE TOKEN ALLOCATIONS - TO AVOID DISAPPOINTMENT PLEASE DO NOT REQUEST CHANGES/UPDATES/CORRECTIONS - we will not be able to respond

The final payment spreadsheet can be seen here: https://docs.google.com/spreadsheets/d/1lj8qMIzjaGlw7njpzcjr7FuxtofhhZ9knbDxrL0CZaw/edit?usp=sharing

The distribution wallet address is: 0x2155b8bA29900249b84c4C168f4d5E0747B5B3e5

Notes:
* There are 20,210 transactions to process
* 658,657 tokens to be distributed
* Distribution of these tokens will commence immediately. We will provide the dev who is creating the airdrop contracts with 100,000 tokens (in the above wallet) at a time to avoid any large scale theft, or any issues which we have previously had to deal with.

We want to thank everybody for the incredibly hard work done to promote our project. Until we saw this spreadsheet, we had no idea how much work has gone into this by the bounters.

Again, we are committed to honoring our promise to the bounters who assisted with our project.

MNL Team

Interesting. Could you please explain more why your mining process is green. I have read through the information but didn't understand this point. And it's also very suspicious to see that low trust level of the advertiser.

Good day,

1) we started a brand new account here on bitcoin talk, with 0 trust/ratings etc - we opted not to purchase an established account
2) Our project is "green" because we use 100% renewable/clean energy - specifically geothermal and hydro electricity. We produce a 0 carbon emmission directly and indirectly.

for more info, you can see our white paper on our website (www.moonlite.io)

hope this helps!

MNL Team

Just want to check something. There was several methods to earn MNL tokens {Example Bounty campaign and a separate

signature campaign -- See this --> https://bitcointalk.org/index.php?topic=2712518.0  ... I checked your Spreadsheet and I

only see a tab for Content Campaign / Telegram Campaign / Email Campaign / Translation Campaign / Twitter / Facebook and

not the Signature campaign. I thought the Signature campaign was listed under the Content Campaign, but I do not see my

username there. {Kprawn}

This is the Spreadsheet for the Signature campaign :

https://docs.google.com/spreadsheets/d/1VzHGicT7YgeuDMxQ1P2pnCkeQT8lG9llLiMYZKi4SKU/edit#gid=1652843929

Sorry to be a pain in the #$%, but I am really interested in this project and I want to make sure that it is not overlooked.

Kprawn. Dude, I think we gotta just let go. The update from the ICO guys was pretty much clear that they cannot distribute any more of them. 10 weeks of wasted Signature space must hurt but this is the deal with ICOs i guess. Pitfalls everywhere.. :o :o

Hi,

thanks for that link.

as far as we can understand, the payments owing to signature campaign members are to be paid in BTC, right?

we paid over around 3BTC in total to Atriz, at the start of Jan, Feb, March respectively. this included the BTC for the sig members, and his fees. If needed, we can provide the emails from him stating the amounts, and the transaction numbers (hash's)

after seeing your comment here, we have tried to contact him for a refund (less the few payments as seen in the spreadsheet) - we hope we can get back the BTC, and we can then process these payments to you.

we are sorry that you are still waiting for this. please believe that we are committed to sorting this out honestly, where many others would just pass the Blame on and walk away.

MNL Team

*UPDATE*

heard back from atriz. he tells us that the BTC payments were all done, and that its only the tokens that need processing. he will finalize the token allocations in the same spreadsheet as you shared, and we will add it to the list for payment.

thank you for the update, I am also very much interested in receiving the hard-earned tokens, as I participated in the signature campaign too. Thank you Kprawn for bringing that up in that thread!

Please let us know when the payment is through so we can validate.

No problem. I just knew that this project is not like the 90%+ other ICO scams out there. They were honest from the start

and they are following through after the ICO has ended, which is a very good start. I am seriously considering investing more

into this project. {I see there are still some tokens for sale}   ???

They also give constant detailed feedback on the progress of the project, which is a sign of a project that are well managed.

Investors wants regular feedback and they want to see progress. These guys are also professional and sincere when they

apologize for mistakes.

Hi, I don't want to make an unnecessary fuss, but the facts are as follows:

• Campaign End: last payment by aTriz in BTC:  March 21, 2018
• last message in the Signature Campaign thread asking about the payment in tokens (unanswered): April 13, 2018
  https://bitcointalk.org/index.php?topic=2712518.msg34615908#msg34615908
• a personal message to aTriz asking about the payment in tokens (unanswered): April 13, 2018
• your last update in which you promise to make the MNL payment happen: May 29, 2018

Summing up, we had to wait another week since you assured that the token payment would be paid to Signature Campaign participants, and nothing happened! The Signature Campaign thread has not been updated in almost 2 months already. KPrawn sais you are a man behind your words so prove it and make it happen. Thank you.

I have also left PM’s for aTriz and MoonLite Project with no answer.

I basically assumed about a month ago that this is a failed project and the tokens are worthless anyway. Those recent posts gave me some hope that we might receive the promised tokens and they may be worth something.

However, I have seen nothing to indicate that this project is developing. I don’t even think the tokens are listed on CoinMarketCap. It would be nice to get the tokens just in case they are worth somthing some day, but at this point it’s not likely.

It is listed here, https://etherscan.io/token/0xca47f156d476c4e70d8081a149b64d5634695add but as you can see, I have not

received anything : https://etherscan.io/address/0x5a6FcC33133710062FF49CB64F43DF81FF8af308 - I presume that they

are still busy with the distribution of the tokens.  ???  I am like a Shark that tasted blood. I will not leave this, until we are paid

what is owned to us. This is a damn good project and I want every token I can get my hands on.  >:(

There is practically no activity in the topic of activity. Some not kept promises many times and many times. I think we need to forget about this "project". It is unlikely that he will continue to operate.

Hi,

Just an update.

The developer creating our airdrop contract is having an issue integrating the 2 contracts.

We are working as fast as we can. However, these negative comments are becoming a little hard to deal with. several hundred people received 0.000000009 MNL - this is obviously not correct, but it should show that something is happening, and that we are trying.

Our team will post updates as and when there is something to report on.

We are dealing with a HUGE mess, that is not our fault, and we are trying our best. Those who wish to complain, and knock down our efforts should remember 2 things - we paid another organization to do the management and payment of the bounty and sig camps. we paid upfront, and made the tokens available weeks before they were due to be sent out. we can easily hide behind this and ignore the bounters by providing the default "go speak to atriz" excuse. however, we did not do that. we took over not knowing a single thing about how the bounty worked, and tried our best to honor someone else's commitment. we paid earlier than due date... atriz dropped the ball, and it is him who you needed to get your tokens from... it is his commitment to you that has been broken, not ours.

the whining and consistent negative comments are really become a lot to deal with.

the other thing to remember is that we have been more than fully funded, and our first DC is a few weeks from being ready... you're welcome to say "scam" and "failed project" - it doesn't change the fact that our project is flying - we are no longer a concept.

MNL team

Thank you for the Feedback. We will follow the progress and report here when we receive anything to cancel the negative

comments that was made by some. I can understand your frustration and the people who felt that they were scammed, but

the payment will remove all doubt in this project. Good luck, glad to hear that you are still on track.  ;)

Attention Bounters,

again, this is the link to the final spreadsheet for BOUNTY : https://docs.google.com/spreadsheets/d/1lj8qMIzjaGlw7njpzcjr7FuxtofhhZ9knbDxrL0CZaw/edit?usp=sharing (Facebook + twitter included)

many were asking for this for some reason, and saying that they did FB and twitter work etc, and have not been allocated tokens/stakes for that. This is obviously wrong, as that is now included in this spreadsheet which has been up on BCT for like 4 weeks already, in this thread.

also, please note that you got 1 stake PER WEEK for social media. if you did 10 weeks, you got 10 stakes, in 10 separate payments that can be seen the fist tab of the spreadsheet - hence, you may only see your address once. if you scroll down, you will see it again, and again, for as many weeks as you worked.

put another way, your tokens have not been totaled up into 1 payment.

****

we are waiting on the dev for the airdrop contract to get these payments done. there have been some technical issues, which is why everybody got 0.0000000009MNL (this is clearly an error)

we hope to get this nonsense finalized ASAP.

MNL Team

Good day everybody,

with the help of @freugreeds, we have managed to get the signature campaign payments calculated correctly - Thank you @freugreeds !!!

Bounty spreadsheet: https://docs.google.com/spreadsheets/d/1lj8qMIzjaGlw7njpzcjr7FuxtofhhZ9knbDxrL0CZaw/edit?usp=sharing (facebook & twitter included)
Signature Camp spreadsheet: https://docs.google.com/spreadsheets/d/1kiYQHmlowS1eaMzE3WeE-qpUw-BNJ5xO9qHoHRt6MlE

we are battling with the airdrop contract, but hope to have things sorted out soon, where we will then be able to send out nearly 21,000 transactions to everybody!

thank you for your support, and patience.

MNL Team

Glad to see there are progress with the Signature campaign token allocation. Thanks for that.  ;)

I also hear that we are branching out to the USA with this too.  ;D  quote : " EVEN BIGGER NEWS: We will be diversifying our

interests in crypto-mining - by building an additional data centre for Co-Location Services.

Our first facility will be based in Florida, USA and will be small, in order for us to prove our concept. This facility will be rated

at around 6Mw and would be suitable for around 4,000 Antminer S9 miners."

So glad I am invested in this, great project.  ;D

People would put low buy orders and they keep getting filled and these people will put sell walls all the way up.. so the price will be low until EOY or more.

**Slight Update***

1) We are making changes to our web site, which is now offline. the newly re-designed site will be back online by Friday at the latest, with a few surprises in store for our community. web site has not changed, and is still www.moonlite.io

2) The new web site for the co-location division of our corporation will be live at roughly the same time (www.minercolo.io)

3) We are struggling to get the airdrop contract for the bounty and referral payments to sync up. this should be resolved in the next few days, and we have 2 people working flat-out on this

Thanks to everybody for the patience and support. we will be operational in the next short while!!

Everybody is welcome to join our main telegram group at: https://t.me/moonliteico

Regards,
MNL Team

I don't know much about your project, but I think it's a high-tech project.I'd love to join the signature bounty of this project.
@Team, will you announce the bounty program here?

You tell a very long time some fairy tales. Give the social advancement workers of first what you need, then everything will be different. So far, no trust to you!

You are too late for this, they are finished with the marketing side of this project and already working on the project. They are

also struggling with the payment of the tokens to the people who participated in these campaigns. A lot of these problems was

not their fault, but they are trying to resolve this.  ;)

No one there is no one trying to pay something bounty. Already own bounty hunters helped with the spreadsheets, and the value of transactions fell (1-3 gwei) and promise...
Soon August 1, and according to the roadmap the opening of the data centre - forward this "legendary" event!

Interesting project! Does the team have any existing capabilities in crypto mining?

I would not be too keen to invest in this project, because they cannot even figure out how to pay the people who helped them in their bounty campaigns. I thought this was a great project, until I stumbled onto this thread, where people were complaining about their payments that has not been done for months now.

The best thing for these people are just to pay out the Bitcoin value of these tokens and be done with it, because this is turning into a embarrassment and a show of incompetence now.

I am glad that I decided not to buy tokens during the ICO, because these people look very unprofessional.  ::)

Hi,

That statement is a little unfair.

1. We paid several BTC upfront in order for our bounty camp to be run in a professional and trustworthy manner. This ended up being a sham, as the tokens which were sent to the bounty manager, Atriz, within like 2 days of the ICO ending were nearly stolen by them/him - the team eventually managed to get them paid back to us - we found out (after the fact) that he had never attempted to even distribute them

2. This issue arose as we were preparing for the build of our first DC. We had to scramble to try and make a plan for the distribution, even though not a single person on our team even knew how the bounty worked. spreadsheets were incomplete, we never knew if items on the sheet were real of fake, we had no way of working though this. Bounty is not our speciality, and we had to try (with the help of the community and some bonters/sig members) work out how to finish this. we eventually completed this, and published the new spreadsheets --- we allocated everybody the stake They applied for, because we could not check up on 21,000 transactions --- we know there were some liars and cheats, but we paid them anyway (sound much like a scam?)

3. when we appointed a dev (and paid 20ETH) for the contract and distribution ((this was majorly overpriced, but we did it anyway, just to try and help the counters get their tokens faster-- do we sound much like a scam/cheats??)) we found that there was a technical issue with the airdrop syncing up. this is the issue we are trying to fix, and this is the sole hold-up on the distribution.

4. the team, and our CEO has promised the bounters their tokens. the tokens are locked in a dedicated wallet, ready to be airdropped as soon as practically possible. we are not trying to hold back tokens, or rob anybody of their rightful earnings. we believe in our project and the value of the tokens, and therefore want them to be sent out to everybody who worked for them.

it would be much appreciated if people could cut us some slack, and allow us to work through this, without FUD-ing our thread.

*****

As for the project, and the build:

1. we are in progress - start date has moved 3 weeks to beginning of Sept due to a change in equipment orders which was necessary to accommodate for increased mining difficulty and lower market prices. This was run through our community telegram group and channels, and "approved" en mass.

2. our first phase is larger (in terms of mining capacity) than planned, meaning more mining yields.

3. we are also developing a 35MW miner co-location business in the USA.

4. To answer @Shayesmiles question, we have 18MW available at the moment, which we are filling up with our own miners (moonlite project) ; and 35MW in the works in the USA - this will only be online in the next 3 months or so.

My statements is based on what I see here in this thread. I was looking for a good project to invest in and I landed on this ANN thread, with a bunch of complaints from people who has not received payment for work that was done, months ago.

If you gave a detailed explanation like this, I would not have commented negative about this project and rather considered investing, because you shown good faith, by giving frequent feedback to the people about the progress of this mess.

After reading your recent feedback, I can understand the background of this mess a little bit better and I would redact my previous comments about this project.

Hope you get this sorted out soon, because this is tarnishing your reputation.  ::)   <I am reconsidering investing, if there is a second round in the ICO?>

To put it bluntly, I no longer believe that I will pay bounty hunters. It's been a very, very long time to solve this issue ... I consider that the "project" MoonLite is very doubtful.

Very interesting. CEO of this project is trying to find some troubles in Ice Rock Mining but have a plenty of them  in his own project.

Still no answer?

Yes if they cannot look after their own project they have no business making criticism's of other projects, especially when the other projects are regularly replying to their investors and also updating. 

Feel sorry for anyone that invested in this mess. 

It is impossible to take this long with the sorting out this mess. Any feedback?

Moonlite has a solid team and great group of advisors on board. Mining is still one of the most profitable ventures in the cryptocurrency world and the fact that they are merging this with green energy is a very good move. The team has a clearly defined roadmap and it has a significant chance to achieve success. I look forward to seeng where this one goes.

Nice project and I am sure that in the future will be a lot of support for your project. Hopefully the ICO can run according to plan so that the project can be realized.

Hey,  I am young member in the forum, so it is my first time to see bounty signature codes. I'll definitely join it!
I'll spend my time to read more about the business later today. Thanks for the ANN

I see these guys are taking on new employees in higher management positions <CFO> but they are not paying out the money that they owe the people on this forum.  ::)  One weeks salary of one these people will cover the cost of the payment, but they refuse to pay the people that marketed their ICO.  >:(

What prevents them from paying these people with Bitcoin, if they have difficulty sorting the technicalities  ::) with token pay outs?  This is really a piss poor excuse not to pay people.  >:(

Stay away my friend. These people have not paid the promised bounty and signature campaign members for months now.

The strange thing is, they are bragging about being "Cash Rich" in their monthly News letter. I quote :

" The recent decline in the cryptocurrency market, with BTC sinking as low as $4 300, has been disappointing for miners and the market at large. However, given the amount of fraud present in the market, 'fly-by-night' businessmen, failed ICO's, and regulatory non-compliance, a correction of this size is sure to wash-out unprofitable businesses and correct market inefficiencies, which is necessary and healthy for the long term functioning of the market. We are also seeing a welcomed decline in BTC difficulty which will likely continue as more miners switch off their machines.

MoonLite being cash-rich, remains well positioned to exploit these conditions...... "

Imagine, they are pointing fingers at other people, but they are just the same.   ::)

Moonlite hasn't paid the participants yet? What is going on?
Seeing this is indeed a concern and certainly, the disappointment of the participants was very deep.
Are there good intentions from the Moonlite team?

Have you received your payment? Or still you are waiting for the payment? Whats about others? You have not received or all of their participant are on same condition?

No, nothing is paid. I don't think we should pay attention to this topic, these guys don't hear you, they did what they wanted to do. Now this dispute needs to be resolved elsewhere.

I never received my MoonLite tokens for the signature campaign I participated in.  When they claim that they paid us, they are lying. This project is a complete scam.

I think it ended around March 2018, so around 10 months with no payment.

They are either scammers or incompetent. I don’t know which is worse.

Yeah, it's not a good story that BM was involved in. I don't think it makes sense to ask for a reward, he won't.

Bounty is going to be paid based on the conversation in the bounty channel here: https://t.me/moonlitebounty/1078

"Hi. Yes, atriz gave us an unfinished list in June. We used the help of some other bounters to complete the list. We are having trouble distributing the tokens because the airdrop keeps failing. We are hoping to have a solution to this soon."

Glad to see hunters would not be left unappreciated

Have you distributed token for the supporter who worked on signature campaign. I saw many people posted that they have not yet received their reward of signature campaign.

whats news?

They are not providing any update to their supporter or the investors of these project. Don't know why they are not giving any update to their investors or supporters.

Tried checking in on their telegram channel and it says it's inaccessible. Medium has gone quiet and so have their social media pages. The last post on medium sound optimistic back in November or so, but seems like they've either gone into hibernation ... or worst

Good day everybody,

We are super sorry for the ridiculous wait for any replies from us.

Not to be on the hunt for excuses, but there have been many changes in our company, one of which is the people who managed the community during the ICO. Today it is different people, and different responsibilities. This bitcoin talk post kind of washed away throughout all the changes, and it only became apparent recently that there were still comments and questions - we are really sorry for this wait, and for the way this makes us look.

It has been a rather busy year, since we changed the plan a little due to restrictions in locations, newer equipment, BTC prices and more. Here are some key points:

1) Today, we are operational with our first phase of miners having been online since November 2019. We are in progress with the order for the second phase of equipment that will take us up to our 11MW initial target.

2) We are currently updating the web site to include a separate ICO section, that will include a live dashboard, figures, and some other cool items which we are yet to announce.

3) We produced an inaugural report earlier this year, which covers all the important info from the start of our ICO to the date at which the report was published. It can be seen here: https://www.moonlite.io/inaugural-report

4) We have published our first quarter financial/mining results, which can be seen here: https://www.moonlite.io/results-q1-20

5) There have been some changes to the token economy, which are also detailed in the updates section of our site.

6) It is important to note that our original whitepaper and plan is materially unchanged. we are still rolling out in the way in which we planned, be it with some changes to the team and some minor other adjustments.


Now that we are a running business, there are still some issues to deal with. this is our plan:

1) Marketing - we will be working on releasing new marketing (this has started already) and a renewed social media presence - in order to boost interest and traffic

2) We are working with some better exchanges that offers more visibility, presence, and volume. combined with marketing and payouts, we expect to see tokens increasing in price.


The other big issue for us is the bounty and bounter payments :

***BTC payments to signature campaign members were made by Atriz at some time shortly after ICO. this has been confirmed by some members previously***

1) As we elaborated on previously, and in the bounty post, we had some issues with the bounty manager. We used Atriz and he was outsourced - not part of our team, we found him through recommendations on this site

2) Our ICO ended in March/April 2018, and the tokens for the bounters were sent to Atriz (outsourced bounty manager) within approximately 2 weeks of our ICO ending. we shared the link to etherscan, where it can be seen that 1,000,000 MNL were sent to atriz at the requested address (also shared) - from this time, we never saw any action on his part. it seemed that he was taking an awful long time to compile the distribution lists

3) When we checked again, approximately 300,000 tokens were sold on the exchange.

4) after some time and much fighting, atriz returned 700,000 tokens (+-) back to the team.

5) at this point, someone from our team worked with some people from the bounty/sig campaign thread to finish the distribution lists. with their help, our team managed to sort that out.

6) Our team then found what we thought was a reputable engineer to assist us with the token distribution for a second time. Except this time, we insisted that they did the distribution in batches and that we never send them more than 100,000 MNL at one time, in order to minimise losses if something similar happens again.

7) After some time, a distribution took place, and we got feedback that there was some fundamental issue with our smart contract that prevented a token airdrop. the failed transactions produced something like 0.00000000000000009 MNL to be sent to everybody. again, this feedback and the transaction hash (tx) was shared on the bounty thread.

8.) we later found out that this was nonsense, and that the 100,000 - (less some fraction of 1 MNL) were also sold on the exchange and the person deleted their telegram profile.


It can be seen in our inaugural report that we included this issue of bounty payments. we reported the problem ourselves instead of hiding it or trying to ghost everybody. It can also be seen in the report that our team actually contributed the balance of the tokens required to honour payments, and these tokens have been safely stored in a special wallet., from there they can be distributed or where they can earn dividends (eth) which can then be easily distributed.

There are some new services around, that enable web based mass erc-20 token payments. we are exploring these options to allow us to finally distribute these tokens.

Unfortunately, we are in fact sitting with this issue of non-payment for our bounters - THIS WAS NOT INTENDED, AND NOT BY DESIGN - and we are trying our best to find an actionable solution. All the related info has been posted some time ago (when the previous team member was online last) in the bounty thread.


As for our business, we are doing great:

The MoonLite Project has achieved a first quarter Revenue of USD 781,736.01 with EBITDA standing at USD 205,013.53 or 24.88% after mining a total of 93.46 BTC.

The total accumulated Token-Holder Benefit (Dividends) at 31 March 2020 stands at USD 91,705.20 and is reserved for distribution in accordance with our Return on Capital Investment (ROI) Policy.

This amount constitutes around 39,98% of total dividends paid and/or attributable to token holders of tokenised mining companies, Globally, Combined!

Another fun fact, MoonLite has as of end March 2020, generated more than 72% of the global mining revenue from tokenized mining companies, after just 4 months.



We have maintained out TG Channel here: https://t.me/mnlupdates

In this post, we pledge to maintain this thread once again, and we will reply to any constructive questions or info requests timeously (maybe not within 5 mins, but there will be a reply) - We have been FUD attacked throughout mid-2018 to mid-2019 and won't be replying to any sort of FUD or smear campaign messages.


We thank you for your support and hopefully we can renew some interest in our business here. We have made many great moves in our business, and produced a lot of positivity amongst our nearly 1000 token holders. we hope we can generate the same support and interest in here too, although it has been a really long time since replying to posts. We are of course not without our fair amount of skirmishes, failures, and problems, but we are still here and working harder than ever towards success!

We hope to hereby start a new chapter in this thread, where we can engage and create some positivity around our great company. We thank you In advance for your positive comments.

Team

Just for curiosity, has someone bought MNL and follow their Telegram update channel (https://t.me/mnlupdates)? Even here in the thread nobody says anything, where are the people who invested on MNL?