How often do we think what we and our children breath in? Do we think what electricity is made of when we turn on the kettle in the morning, or why it snows where it shouldn’t be any snow? Crypto currency mining consumes a huge amount of electricity, at production of which mainly fossil sources – gas, coal - are used. This particular issue has become one of the reasons for restrictions imposed on the mining of crypto-currency. The only way to solve this problem is to develop and increase the production of alternative energy
Unfortunately, the green electricity producers often face reluctance of bureaucratic entities and political elites, closely related to oil and gas monopolies, to support such production. Moreover, producers face deliberate intention to impede their development. The possibilities of the producers are limited by the bodies regulating energy sector, new unreasonable requirements are introduced, and the production becomes impossible in principle. In such circumstances, the payback problem is thrown into sharp relief. The possibility to build new green power stations is doubtful, because the political and bureaucratic obstacles connected with oil and gas sector lobbying, limit the freedom of actions of the industry willing to develop green energy production.
The Wind Energy Mining project aims to circumvent these obstacles.
Our company has been dealing with wind electric energy production in Latvia for more than 10 yearsThe company owns 7 wind-driven electric power stations with total capacity of 4.5 MW. The geographical location of our wind power stations lets produce electricity throughout the year.
We are going to use our electric energy for mining for cryptocurrencies and to allocate the proceeds from mining to the development of production and new power stations construction.
ICO OBJECTIVE AND DETAILSICO objective is fundraising for the further development of wind energy production, through an Ethereum based token issue.
WEM tokens are debt tokens
WEM price – 0.001 ETH
Accepted currency – Ethereum
Buyback price – 0.0015 ETH
We also plan to provide investors a possibility to exchange, on their will, debt tokens to equity tokens, which we plan to issue towards the end of the project, when economic performance and the scale of the project would be known
Whitepaper
https://etb.lv/pdf/Whitepaper_Wind_Energy_Mining_(en).pdfICO launch: will be published at a later date when the project development is completedBuyback start: in 9 months after the ICO and fund raising
Buyback period: 2 years
Detailed information on our token, possibilities of buying, and buyback you can find on our homepage
www.etb.lv PROJECT DESCRIPTIONPurchase of mining equipment
Increasing the capacity of the wind park and its supplement by solar power stations
Use of renewable electric energy for cryptocurrency mining
Cryptocurrency selling – return of investments and further development of the project
ALLOCATION OF TOKENS 90% - ICO participants
5% - the team
5% - bonus program
ALLOCATION OF ICO FUNDS28% - purchase of 1,000 ASIC Innosilicon A6 LTC or 2,000 Antminer L3+ and 1,000 Antminer S9
12% - purchase of GPU equipment (6,000 GPU Radeon VEGA 64)
15% - construction of solar power stations with total installed capacity of 2 MW
15% - project implementation costs (construction, electric installation)
30% - modernization and increasing the capacity of the wind park
RELIABILITY OF INVESTMENTS* Existing wind park – guaranteed electric energy for mining
* Long-term operational experience
* Transparency of the project – all information is available on our website
If the planned amount is not raised (or bigger amount is raised), the project costs will be reduced or increased proportionally according to the amount of raised funds. The project will be started within the available amount.
PROJECT ROADMAP1Q 2018 – Preparation for the ICO, the ICO launch, fund raising
Up to the end of 2018 - Procurement and installation of mining equipment, and wind generator park supplement by solar power stations
2019 - Mining. Token buyback
2020 - Mining. Token buyback. Renewable resource park modernization and capacity increasing
OUR TEAMSigita Bumeistare
Project lead
LinkedlnYelena Berendyayeva
Project manager
LinkedlnJann Ehlvest
Public relationships
Girts Lejasmeiers
IT, WEB
Dmitry Troshkov
IT, WEB
Igor Emelyanov
Blockchain developer
LinkedlnVictor Belov
Lead Blockchain developer
FacebookDenis Shilin
Blockchain Adviser
LinkedlnPartners:www.belovitlab.ruwww.smartcontract.ruConnect us: We are on
FacebookTelegramTwitterlinks on
www.etb.lv 
