Friends, it is beginning of July - the start of our public token-sale. In this regard, we have good news
Over the past few months, we have received many requests and applications for participation in the Minery project from investors, miners and major market players. We have been thinking how to meet all the existing demand, and also accelerate the launch of the project and to make it even more profitable for each participant. Therefore, we reviewed the development strategy of Minery, improved the course and direction, and want to share them with you.
So, the new strategy of Minery:
• Modular structures instead of monolithic buildings
We have developed a project for the reconstruction of the building of the former poultry factory, and also worked out a project for the construction of buildings from easily built structures. We considered various modular building options by 0.3-1 mW units in mobile boxes and adopted a new improved placement option based on economic feasibility.
• Thanks to this - a significant reduction in capex (capital investment) and open (operating costs) of the project.
Therefore, now the service charge for all participants has dropped to 0.02 USD, and the the token cost has decreased from 1 USD to 0.5 USD. Bonus for all our current investors: doubling of purchased tokens.
• Also, due to this - the acceleration of the project launch. We launch the first capacities in July.
• Another good news is the increase in capacity and territories. The launch of the first batch will take place at two new locations (additional 28 megawatts).
• Change in the project format. We decided to refuse the ICO format, because there is no need for ICO due to the large demand. At this stage, financing from Minery investors and partners allows us to concentrate on launching facilities and servicing of the already existing demand. In addition, because of the hype, for now we have decided to focus only on the segment of wholesale sales (B2B), rather than retail (B2C, ICO format).
• The MNRY token now has only an internal function (binding to the watt reservation). Selling on the stock exchanges will only take place if in future we decide to run a public sale.
• We are no longer dependent on the time of the year and we can launch the capacities in winter, so we leave the open offer to the market, tied to capacities, rather than timing (all together more than 150 megawatts, including 55 megawatts that are available for retail, 100 megawatts for large partners).
• New terms of cooperation (small and medium wholesale)
Sale of 55 megawatts and equipment with the entrance starting from $10 thousand (capacity + equipment). The entrance to the project with own equipment is also $10 thousand (provides the right to 20 kW).
• Gradual launch of objects. Objects are assembled and launched within a month (stand-alone boxes, each contains up to 150 device units), which allows to speed up launching and mining process for our partners and customers.
Overall:
We have reduced the cost of tokens and service charge. We introduce modular structures and accelerate the launch of the project.
Significant decrease of hosting prices and increase of Minery investment attractiveness.
Due to a sufficient number of wholesale requests, we refused of public token-sale.
We double the purchased capacities to those who entered the project at the pre-sale stage.
For all the news and development progress of our sites, you can still follow us on our website: MNRY.io
The Minery team is grateful to you for your trust and support!
