IntroThe goal of this crowdfund is to develop a self sustaining crypto-currency company which will be used to launch a series of products that include a mining operation, token exchange and competitive gaming platform. Mining Token (MTO) does not need it's own blockchain so for efficiency MTO will be an ERC20 token on the Ethereum blockchain.
Whitepaperhttps://miningtoken.info/mining-token-whitepaperICO StructureERC20 Token
Symbol - MTO
Total Supply - 1 000 000 MTO
Goal for Raise - 150 BTC
Starting Price - 1 MTO = 0.00015 BTC (Early Buyers), 1 MTO = 0.0003 BTC (Middle Buyers), 1 MTO = 0.00045 BTC (Late Buyers)
Deflationary Model : The first of every month 50% of net profit will be used to buy back and burn token. Once the amount raised during ICO has been burned 25% of net profits will go towards burning token. The goal of the burn is to give a return as soon as possible.
TimelineICO - Oct 2017
Acquire Equipment - Nov 2017
Assemble Rigs and Prepare Location - Dec 2017
Start Mining - Jan 2018
First Token Burn - Feb 2018
MTO Token Exchange - Mar to Apr 2018
Competitive Gaming Platform - May to Aug 2018
BreakdownMining Operation - 100 BTC
MT Exchange - 16.665 BTC
Gaming Platform - 16.665 BTC
Emergency Fund - 16.665 BTC
What coins will we mine?Dash, Zec, Xmr, Etc, Eth, Ltc
Participating in ICOBuy bitcoin and make sure you have a wallet.
Create ether wallet. If you don't have one already go to MYETHERWALLET.com and make sure you have your backup secured.
If you lose your wallet backup, you lose your Mining Tokens.Go to
https://miningtoken.info/ico?orderby=priceChoose how many tokens you want to buy and make payment.
Make sure to input your ether address to receive your token at. Make sure to input your bitcoin address in case ICO goal is not met and bitcoin is refunded.
Minimum buy in is 100 tokens for simplicity sake.
Receive coins to your ether wallet.
Displaying/Sending/ReceivingAt first you will wonder why you can't see your coins. That is because you haven't added a custom token address. To do that please follow these instructions:
Go to the Token Balance section on MYETHERWALLET.
ADD CUSTOM TOKEN.
ADDRESS - Copy and paste this address
TOKEN SYMBOL: MTO
DECIMALS: 6
You should be all set.
Website:
https://miningtoken.infoTwitter: @miningtoken_
Disclaimer: By participating in our ICO you waive the right to take any legal action against Mining Token and it's operations. If you don't agree with what we are trying to do simply don't participate. ICO ends Oct 31st, 2017.