[ANN][ICO/IPO][PRE-SALE]FOLEUMio - GREEN Mining for the masses, Simplified

[FOLEUMio]

Hi All!

Check out our bounty announcement here!

Since we are a security we are not able to do a traditional bounty program so we are hosting this instead.

Follow the link below for a chance to win awesome GPU Mining equipment!!!

The Ultimate Cryptocurrency GPU Mining Giveaway!

Good luck to everyone!!!

[vadimproton]

Good afternoon, I happened to come across your project and was very interested in it, but I do not fully understand the blockchain block could not explain it to me a little better?

[WhiteRed44]

How do I benefit from choosing your project among other similar ones?

[Marriot]

Do you plan to allocate funds for charity? Maybe create some relief fund??

[filimonov33]

Good afternoon, I happened to come across your project and was very interested in it, but I do not fully understand the blockchain block could not explain it to me a little better?

Hi. Blockchain or cryptocurrencies mining is the process where a transactions or digital asset such as information is verified and added to a public ledger, known as the blockchain, and the means through which new cryptocurrencies tokens are released.

[olehrazin]

Do you plan to allocate funds for charity? Maybe create some relief fund??

According the white paper, they already have a “Charity Staking Fund”, at the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity submission and votes from supporters, the Crystal holders.

[vadimproton]

Good afternoon, I happened to come across your project and was very interested in it, but I do not fully understand the blockchain block could not explain it to me a little better?

Hi. Blockchain or cryptocurrencies mining is the process where a transactions or digital asset such as information is verified and added to a public ledger, known as the blockchain, and the means through which new cryptocurrencies tokens are released.

Thanks for the answer! What do you need to work the block circuit? Does the computer have special characteristics?

[zencat]

Hello, will there be high operating costs? how will your project affect the ecological environment around us?

[octantsimbol]

Will there be nodes and masternodes in your project?

[galgagot]

Hi! I'm interested in datacenters, how exactly will they work?

[Marriot]

Do you plan to allocate funds for charity? Maybe create some relief fund??

According the white paper, they already have a “Charity Staking Fund”, at the end of each year, Foleum will distribute its profit-sharing proceeds, from the 1% charity staking, to different charities based on the charity submission and votes from supporters, the Crystal holders.

Wow! It's just great! Thanks for the answer, I will continue to follow this project.

[olehrazin]

Will there be nodes and masternodes in your project?

"Foleum will also run nodes and masternodes from its datacenter for other blockchains like Nexus and Dash, which will add an additional revenue source to the Project. In addition to running masternodes, we will also dedicate hardware to speculation mining. Foleum plans to add profits from running nodes / masternodes and speculation mining to the Foleum reserve fund." - information from the whitepaper. So answer is Yes, there will be nodes and masternodes.

[aquacharls]

Hello, will there be high operating costs? how will your project affect the ecological environment around us?

Hello, team said, they are designed to generate the majority of their own GREEN power to run the mining data centers.
Using their own power will also greatly reduce operational costs making it more profitable than other traditionally-powered mining operations while helping to reduce the blockchain carbon footprint on the planet./

[filimonov33]

Hi! I'm interested in datacenters, how exactly will they work?

The Project’s datacenters are being designed to be able to accommodate any ASIC and GPU-based servers. Although the Project will be capable of mining all scalable blockchains, the decision as to what blockchain to mine will be made by software algorithms, which helps to choose the best options available by seeking to identify and mine the most profitable blockchains.

[AtomicBlonde]

Perhaps my question will sound quite strange, but what are the opportunities of this blockchain? Can you, please, explain in general?

[LineXD]

Wait, Is mining really spending such a huge amount of electrical power!?

[filimonov33]

Good afternoon, I happened to come across your project and was very interested in it, but I do not fully understand the blockchain block could not explain it to me a little better?

Hi. Blockchain or cryptocurrencies mining is the process where a transactions or digital asset such as information is verified and added to a public ledger, known as the blockchain, and the means through which new cryptocurrencies tokens are released.

Thanks for the answer! What do you need to work the block circuit? Does the computer have special characteristics?

This process generally requires a specially-designed computer that can handle operating 24/7 under extremely high load. (ASIC-based miners are used to mine Bitcoin or Litecoin, GPU- based equipment is used to mine other altcoins like Ethereum or Zcash.

[zgarretnill]

Hi,  how are you going to solve the problem with lack of hardware? where will you get it??

[olegkrouk]

How do I benefit from choosing your project among other similar ones?

The benefit is very obvious, Foleum Project is designed to generate the majority of its own power, making the project much more profitable. Upon the Project’s ability to reduce the power cost to running the equivalent of 2500 of these machines down to $2,500 per day, in this example the average daily profit would increase to $35,000 per day (up from $27,625).

[olegkrouk]

So, you will use Foleum mining crystals as the main exchange material for your project, can you explain in more detail what this is?

Its pretty simple actually, Foleum mining crystals is an Ethereum security token, representing the right to profit-sharing from the mining proceeds of the Foleum project. The FOL crystal holders will get up to 60% of the Project’s blockchain mining.