Lone Star Empire Blockchain Partnership
A Smart Partnership ITO
(Capped @ 49.500.000 SBX @ $1.00 ea.)
Each Lone Star Empire Token, symbol SBX (pronounced Star Bucks) is backed and driven by an appreciation interest in 5,230± acres of trophy class North Central Texas Real Estate, a proportionate income interest in all Lone Star Empire Blockchain Partnership Profit Centers
Pro Forma and access to MOE Farms Eco-System Services and Products.
A total of 100,000,000 SBX, will be created. 49.500.000 will be made available in ITO. 18M tokens will be made available in secondary offering at prevailing token price 12 months after close of ITO. Founders will be allocated 7M SBX held in locked escrow until MOE Farms is cash flow positive estimated to be 3rd qtr. 2019.
The balance of 25.5M SBX tokens will be held in locked escrow until cash positive & released for new projects with a vote of 50% + 1 of current token holders. Future funding of MOE Farms profit centers (PC’s) capacity expansion (e.g. data centers, BO’s garden facilities, etc.) will come from profit center operation earnings, mitigating the need for future outside funding.
MOE Farms management team debated extensively the costly and time-consuming process of fund administration. Token holders could & should be the fund administrator. This was not obvious because until blockchain made it possible there was no precedent. This will not only lower transaction costs significantly but free up valuable MOE Farms management time for the build-out, commissioning and on-going operations. A major bonus is capital security as the token holders will manage capital through the Smart Contract and Public Ledger features of the blockchain. Facilitated by direct on-site observation or proof-of-work through MOE Farms 512 camera security system.
At no point, will funds be controlled or accessed by anyone other than token holders-escrow agent. All funds are to be wired directly into contractors, vendors and service providers accounts with contractor scheduling. Funds are administered & allocated by token holders. MOE Farms mgmt. team do not control funds at any time. Disbursements are in accord with build-out schedule and proof-of-work, invoices for work completed are submitted and 3rd party on-site certification (i.e. Judge Floyd, County Commissioner, etc.) and hundreds of on-site security cameras that any token holder can access 24/7 from any web browser enabled device.
Star Bucks valuation drivers will be earnings from profit centers and appreciation of underlying Real Estate 5,230± acres, 4th largest private lake in Texas, with an estimated 1.2 billion gallons of deeded and adjudicated water, 10+ miles of river frontage, 2+ miles of State Hwy 6 frontage. Revenue/earnings drivers will be capacity (not sales) as all PC’s production is contracted out to capacity to top tier customers w/ multi-year agreements (e.g. EQ Power, Prime+, Beyond Organics, Data Caster Labs, etc.).
Two copies of Blockchain, (Public Ledger) will be held on-site in an ultra-secure, grid independent, EMP hardened facility, Data Caster Labs.1st 75 miles of internet connection is laser to fiber in addition to encryption. This will provide a level of protection unavailable anywhere else in the event of disruption to internet, power grid, disaster man-made or otherwise.
Positions open:
- Token developer
- Campaign advisor
http://moefarms.com
