MinedBlock

MinedBlock

Mining As A Service.
Industry: Technology | Jurisdiction: United Kingdom
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Token Sale

  • Private Sale Start
  • Private Sale End
  • Token Supply
  • Price

  • Pre-Sale Start 15 Feb 2019
  • Pre-Sale End 15 Mar 2019
  • Token Supply 10000000
  • Price 0.1

  • STO Sale Start 30 Mar 2019
  • STO Sale End 31 May 2019
  • Token Supply 10000000
  • Price 0.15

  • Accepted Currencies USD, POLY
  • Offering Size
  • Minimum Investment 300

Token Details

  • Token Name
  • Token Symbol MBTX
  • Token Price
  • Blockchain Platform Ethereum
  • Issuance Platform Polymath
  • Standard ST20
  • Contract Address
  • Token Symbol MBTX
  • Registration Country United Kingdom
  • Restriction - KYC Yes
  • Restriction - Whitelist Yes


Offering Details

  • Offering Type Revenue Share
  • Token Benefits & Rights: Profit Share Right

Offering Terms Description:

MinedBlock offers the opportunity for investors to purchase our ST20 Security Token which is a digital asset backed by a corresponding Preference Share in MinedBlock Holding Limited that enables holders to receive a revenue share produced by our mining farms.
Collectively, MBTX token holders will own 95% of the Special Purpose Vehicle and the associated costs and revenue so therefore will receive the revenue share each month based on the profit generated. Revenue will be shared respectively and equally between all token holders on a ‘payout per token’ model.
Each MBTX token sold will represent 1 Preference Share A in MinedBlock Holding Limited.

Shareholder rights:
“Each Preference Share A holder will be entitled to a revenue share produced by 75% of the total Mining Service. Shareholders will also have the right to vote on future expansion of the Mining Service. Shareholders are not liable for any losses or costs due from the Company” MinedBlock Limited will assume responsibility for maintaining, replacing and expanding the physical assets and will remain responsible for any costs incurred beyond that of the revenue generated in the unlikely event the service becomes un-profitable. At no point will token holders be expected to cover any losses if this did ever happen.
All expense and revenue information for each month will be available for review by any token holders to ensure full transparency of the  total managed Mining Service. All Wallet addresses owned by the Company will be published within the Investor Dashboard to give full visibility.
Token holders will be able to ‘vote’ for the direction of future expansion from within the Investor Dashboard when it is live. The term ‘vote’ in no way reflects a right to direct the company itself but will allow an input into how the Mining Service is expanded.

Security Token Offering
Security Token sale participants will be required to pass KYC (Know Your Customer) checks via our Website to enable whitelisting within the Smart Contract. To satisfy the requirements of the US Securities and Exchange Commission (SEC); US investors will need to qualify as Accredited Investors.
The cost for KYC and Accreditation checks will be passed to the investors at our cost price, upon successful completion of the required checks you will be credited with the equivalent number of MBTX tokens at a discounted value of $0.075 each. This is to ensure only serious participants go through the process to reduce unnecessary cost for the Company.
• The Security Token Offering will be a staged sale with the initial pre-sale available for 30 calendar days.
• The Base price will be set at 0.8 POLY per MBTX which represents a 20% discount on the standard token price.
Following a successful pre-sale we will start the main sale stage, details of which will be available on our website.

75% of the total mining service output will be owned collectively by MBTX token holders

Vesting Period
MBTX tokens will be subject to a 90 day vesting period from the date the soft cap is met or the investment date, whichever is later.

Token Distribution Details:

5% Founding Team
95% Public Sale
* 5% of the total MBTX token supply for Founders will be locked until
1st January 2020

Proceeds Allocation:

80% Mining Equipment
10% Datacenter Build
10% Reserve

Company Profile

  • Corporation Name MinedBlock Holding Limited
  • Company Type Corporation
  • Country of Incorporation United Kingdom
  • Date of Incorporation 01/01/2018

Address:

130 Old Street

London,
United Kingdom

  • Phone
  • Email contact@minedblock.it

Company Verifications

  • CIK#
  • CRD#
  • SEC#
  • CUSIP#
  • ISIN#

STO Partners

POLYMATH


Company Management

Name Title Linkedin
Greg Wales Co-Founder & CEO
Matt Ruff CSO
Paul Bishop Co-Founder & COO
Ruhin Khan Marketing Consultant

Advisors

Name Title Linkedin
Kamal MustafaAdvisor

Notes

MinedBlock - UK Registered Company Number 11481414

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