Update from Messenger group.
Hello eGM family!
After listening to extensive feedback from our community, we are revamping our model to slim down our operational plan to emphasize the most effective and efficient short term gains for our investors. We have decided to reduce the softcap of the operation to $500,000. We have set different plans depending on the results of the token sale.
Result 1 - Less than $500,000 is raised. —> Return funds (minus processing fees)
Result 2 - $500,000-$3 million raised.
- Use a mining colocation service in South Dakota to start mining at an electric rate of 6c/kWh. This will eliminate all operational costs associated with mining.
- Use Veritas Mining services for ETH/ETC mining.
- Dedicate a larger percentage of profits to expansion and less to gold-backing/buyback-burn.
- Have a long term goal to operate own facilities
Result 3 - $3+ million raised
- File for Reg A+, if approved, begin STO.
- While waiting for approval, build mining facilities in South Dakota with electric rate of 4.5c/kWh
- Order hardware for mining
- Use Veritas Mining services for ETH/ETC mining.
- Follow plan as written in eGM White Paper.
We believe it is best to prepare for all situations and make it known to investors what our intentions are for the future. A bear market is the best time invest into mining ICOs. We already saw what happened to a majority of the current mining ICOs, they are failing since they did not prepare for the worst. We currently are at the worst of this bear market, and the eGM team is prepared if it gets even worse. Invest now to support a project that will be extremely profitable during the next bull market!
Invest now at
www.egoldmining.com.
Also, take advantage of our referral scheme and earn 5% bonus on tokens purchased by people using your referral link.
Visit
www.egoldmining.com to create your account and referral link
