What is Savedroid?
Savedroid is an app on Android and iOS that helps people set money aside and cut down their spending. Users link their bank account to the app, and when a certain condition is met, a set amount will be transferred to a savings account. Conditions can be quite straight forward, like a certain percentage of your purchase on Amazon will be put in your savings account, or for instance when you run for 3km. The conditions can also be quite humorous sometimes. One example is that Savedroid will put money into your savings account for you every time Donald Trump tweets. This way the US president can probably help people all over the world improve their financial health. Users are very flexible in setting the conditions of saving and the amounts that will be transferred to the savings account.
The Savedroid app also includes artificial intelligence that will learn your spending patterns, and will be able to help you with setting amounts you can save. Savedroid also wants to help you save money on general expenses, like your subscription for your cellphone and your utility bills. Savedroid will continuously look for the best price for the current subscription you have, or will find you a better subscription for the same price. Savedroid is not only a micro-savings simplifier, but also helps you optimize your personal finances.
Savedroid targets the average consumer that does not want to spend their time doing financial research. They do not address the small elite group of hardcore financial experts like a lot of other fintech companies do, simply for the reason that Savedroid sees a much bigger market in the average mobile user. That they are trying to reach this target group is well reflected in their tone of their whitepaper. So how good are they at reaching their target group?
As you can see in the infographic above, they have over 200.000 downloads on Android and iOS combined. 90% of their users are within their target group of people between 18 and 44 years old. And over 10 million euros have been saved by users of the app since its 2016 launch. The Savedroid ICO is an ICO that is backed by an already existing platform that has a fair amount of users already. ICO’s that already have a working platform with users is always a plus because this means the company is usually sound, knows how to market their product and moreover, already has a working product.
Savedroid is part of the Deutsche Börse fintech hub in Frankfurt, in fact they were one of the first tenants. Savedroid has access to the network of Deutsche Börse, meaning they are part of a Venture Network with over 400 members from all over Europe. Deutsche Börse brings together young growth companies and investors on this platform.
The savings accounts are managed by another large partner of Savedroid; Wirecard Bank. Wirecard Bank is a publicly traded company with a market capitalization of 10 billion euros, making the stock one of the top five stocks on the German technology stock index TecDAX. The partnership with Wirecard was closed only a few months after the foundation of Savedroid, and thus delivered the first mobile app with a fully deposit secured savings account.
Visit their website by clicking the picture below
Why do they do an ICO?
The initial reason for Savedroid to get into cryptocurrencies is stated in their whitepaper as this:
“Honestly, the user experience along the entire user journey completely sucks – and, even worse, it keeps many from getting into cryptocurrency investments. No doubt, there are great crypto companies with cool products out on the market. But we at Savedroid firmly believe that dealing with cryptocurrencies has to become much easier in order to reach the next growth step and make cryptos available to the masses.”
Making it easier for people to get involved in cryptocurrencies is exactly what they are going to be doing with their app. Currently they only offer savings into fiat currencies, and not really any investing options. Savedroid is going to upgrade its artificial intelligence and offer a self-learning algorithm to invest in not only cryptocurrency portfolios, but also derivatives and ICO’s, all directly in the Savedroid app. Diversifying is key as always, and Savedroid offers exactly that.
Savedroid is trying to take a sort of technical barrier away that is preventing people from entering the cryptocurrency markets. Normally people will have to worry about selecting and registering at a crypto exchange and creating the right wallets and keep these wallets secure. After registering in the Savedroid app, users can start saving in cryptocurrencies right away. Savedroid will eliminate the current barriers and will be able to provide mass market users with easy access to cryptocurrencies.
Savedroid will also become a crypto exchange of sorts. Because whenever there are people that are trying to sell a certain currencies into another, first they will try to swap the currencies within the platform, and thereby allowing people to trade cryptocurrencies at their fingertips without having to worry about cumbersome crypto exchange orders. The goal of Savedroid is to build and ecosystem where users can swap cryptocurrencies at lowest possible cost.
In the chart above you can see how the proceeds of the ICO will be allocated. Half of it is going to be allocated to marketing to help the platform grow. Usually with similar ICO’s you would see that the company needs to invest a lot of their proceeds into developing their product and/or integrating it with blockchain. But since Savedroid already has a functioning app, they will not have to allocate just as much to development and can focus their proceeds in growing their number of users.
About the Token
The Savedroid token (SVD) is going to be the only currency that will accepted as payment for crypto related services within the platform. As you can see in the image below, there are multiple fees that users will have to pay for using the platform. The fees are either fixed or are based on a small percentage of the value of a transaction. All of these fees are to be paid in SVD, meaning that if the platform becomes popular, the demand (and the price) for the tokens will be high.
The fees will be calculated in SVD, but will be adjusted to the current market value of the token. This means that a higher token price will eventually result in a lower quoted service fee to make the pricing constant. Part of the tokens that are paid to Savedroid as fees will be burned. They do this to make sure that over the long term the tokens will appreciate, since this will attract people to their ICO. The percentage of tokens that will be burned is going to be calculated with this equation, created by the creator of Ethereum; Vitalik Buterin.
The tokens that are paid to Savedroid as fees will be put into a big account from which they will also sell tokens back to users on the market. The size of this account is very likely to be reasonably big, which would give Savedroid power over their token market price. They intend to use this power to the benefit of their users. If the token price appreciates a lot within a short period, Savedroid is probably going to step in and offer more tokens than usual. They do this to make sure that people do not suddenly have to pay a really high fee for transactions or a monthly fee. So this might sound a little bit scary, but the way Savedroid intends to use it should be assuring for people that will use the platform. What you can tell from this information is that this token will not be a short term investment opportunity where you can make a lot of money quickly, the token is designed to have a steady, yet rewarding appreciation. The proceeds from reselling SVD tokens will go to further developing the platform.
The image above displays a projected scenario of the price of the token. This is likely not the correct scenario because Savedroid still has to see the variables of the equation to calculate the burning percentage, which will impact the token price. They have provided a downloadable Excel sheet where you can view different scenarios: https://ico.savedroid.com/savedroid%20tokenmodel.xlsx
About the Token Sale
The main token sale will be held from the 9th of February until the 9th of March, or until the hard cap of 6 billion tokens is reached. The price of the tokens is €1 for 100 SVD. The minimum contribution is 1000 SVD (€10) and the maximum contribution 10 million SVD (€100.000). The tokens can be held within the platform but are also supported by any ERC20 wallet like MyEtherWallet. When joining their Telegram group you will be rewarded with 100 SVD tokens.
The tokens are allocated as follows:
To further enhance the ease at which people can get into crypto’s, Savedroid is also creating a credit card that can be linked to a user’s Savedroid app. This will make it incredibly easy to actually use the funds that are accumulated in the form of crypto’s which will bring great accessibility to cryptocurrencies in general. But, to use the card, you do not necessarily need to have the Savedroid app, or have a savings account with them. External wallets that are not connected to Savedroid will also be compatible. Meaning that anyone would be able to easily spend their crypto’s on anything, anywhere. And the great thing about this is that people that use external wallets will still have to pay the fees in SVD, bringing even more demand to the tokens. We see this as a huge upside because it feels a little bit like killing two birds with one stone. The addition of the card will make using crypto currencies a lot easier, and definitely makes it more attractive for anyone to get involved.
It all comes down to whether we think the platform will be a success or not, and thus lead to an appreciation of token price. As a matter of fact we do believe that the platform will be successful based on everything we have written above. The company is very sound and has a great network and amazing partnerships. The team is very competent, and has already shown so with the rapid expanse of their fiat-only platform with over 200.000 downloads. Most of the proceeds from the ICO will be spent on marketing, and thus will be spent on creating more demand for the platform, and thereby create more demand for the token. From looking at the tone of their whitepaper and their posts on social media, we can tell that Savedroid knows exactly how to address their target group, so we believe that their marketing campaigns will be successful. There are already over 40.000 people in the ICO’s telegram group, which is about the same number as WePower, which came to be one of the most succesful ICO’s so far. Overall, we are very positive about this ICO.
Click the picture below to participate in the ICO
Have any questions? Ask us on telegram:
We have created a group channel for anyone to join. We are hoping to create an engaged community where we can discuss ICO’s together. We will always try to answer any questions as quickly as possible. Please feel free to bring forward any ICO’s that you would like us to have a look at. We are excited to get in touch with our readers. Please also invite any fellow crypto enthusiasts, the more the merrier.
What is Exmo?
Some of you might already be familiar with Exmo, as it is an existing crypto exchange. Exmo started in 2014 and has since accumulated 1.200.000 total users and 200.000 daily visitors to the Exmo platform. The total trading volume over 2017 was $3.7 billion. Currently they offer 46 currency pairs, but are soon hoping to reach over 150 pairs. The average number of people that sign up every day is around 10.000. Exmo has rapidly grown over the past 3.5 years, and the team has said to be eager to build on the pace of their previous performance and expand even more. Some of Exmo’s milestones are:
Exmo’s competitors are the leaders of the cryptocurrency exchange market, but Exmo says: “We have a solid plan for our further development, and we know how to become the market leader within the next five years.”
Click below to go to the exchange
Why does a running exchange do an ICO?
Part of their plan is to provide margin trading on their platform, as they currently do not provide this kind of trading. Most large crypto exchanges offer margin trading, thus Exmo feels the need to provide this service as well. Some exchanges that offer margin trading lend traders money directly from their operating accounts. So the reason for this ICO is likely that Exmo does not have an operating account large enough to fulfill their trader’s needs to use margin trading. We suspect the reason for this being their rapid expansion meaning they likely invested a lot of their income to further penetrate the market. Margin trading has the possibility to bring the Exmo platform to a new level. Potentially through offering margin trading will their volume increase. This is because Exmo will likely gain popularity when offering margin trading, but the increase in volume will also come from their current traders getting the ability to make larger trades.
The proceeds from the ICO will be used as follows:
The hard cap is $300.000.000 which would make it one of the largest ICO’s ever, but it is backed by an already working exchange with an existing consumer base. Exmo is going to increase their promotion budget by 300%, to attract new traders, retaining existing traders and to grown and nurture the platform’s reputation.
Why is this ICO interesting for investors?
Exmo token holders will receive 50% of the interest accrued from margin trading monthly. The other 50% will be invested into the development of the platform, and likely to grow the total account that the margin loans come from. This means that this is a token with payout that will reinvest to increase future payouts. The interest rates on margin trading will be between 0.07% per day for cryptocurrencies, resulting in an annual rate of 25.55%, and for fiat currencies the rate will be 0,08% per day resulting in an annual rate of 29.2%. Exmo has provided multiple forecasts to display the earnings and potential of the token.
The basic scenario
The planned scenario
These are very attractive numbers, but of course, as with any ICO, it is not certain that these will be the actual achieved payouts and token values. The actual results can always be higher or lower. At the Crypto Rating Desk we are more than happy with a token that has an annual return of 15% to contribute to our portfolio. The first dividends are expected to be paid out in June this year.
We think Exmo will have a good chance to actually achieve these returns because:
- The ICO is backed by an already functioning platform
- Margin trading will make the platform more attractive for traders
- Exmo has grown very rapidly as an exchange the past 3.5 years, and we believe this might continue for another while
One Exmo token will be sold in ICO for $1.
The Pre-Sale will be held from April 21st till April 23rd. Where investors will receive a 5% bonus amount of tokens. The presale has a hard cap of $5.000.000 = EXO 5.000.000 (including the bonus this will be 5.250.000)
The Crowdsale will be held from April 26th till May 26th. Unfortunately there will be no bonus. The hardcap will be $295.000.000 = EXO 295.000.000.
The total amount of tokens to be issued is EXO 300.250.000.
Minimum investment is EXO 15, which is (one of) the lowest minimal investment(s) we have seen so far. This is likely because you can also contribute to the ICO through the Exmo Exchange, so this way they probably are trying to get as many of their existing customers to invest as possible. We think it is very attractive for users of the exchange to purchase tokens, because it basically gives them the opportunity to get part of their interest fee back!
Otherwise any ERC20 wallet will suffice, and the contributions will be made in Ethereum.
To find out more about Exmo, click the image below
Have any questions? Ask us on telegram:
We made contributions to Gimmer and WePower today. We’re very excited to use both platforms. The WePower ICO has already been sold out. This happened shortly after the expiration of the individual caps. WePower was an incredibly succesful ICO by raising $40 million in a little over 5 hours! We hope that our readers did not miss the opportunity to contribute to this project!
The Gimmer token sale is still open for contributions. The current bonus is 20%, this will be lowered in a little under a week. Make sure you read our article about Gimmer if you haven’t already: Gimmer- A new way of bot-trading
Have any questions? Ask us on telegram:
Starting today you can receive 12% bonus tokens on your investment!
We’d like to remind you that TRM2 goes for $4.5 per token, and each TRM2 entitles you to the profit from 1 Mh/s of our mining hashpower.
How’s our project better than cloud mining?
First, contracts with TerraMiner are lifetime, meaning you are receiving profits indefinitely, for as long as you hold the tokens of the TerraMiner project
Second, you can always sell your tokens on an exchange, fully returning your initial investment at a profit
Third, your profits won’t go down because of the rise in network difficulty since our tokens have a built-in reinvestment program that allows us to override the ever-climbing difficulty.
In just three days the bonus goes down to 9% – don’t miss out on the best possible terms.
7 unique features of the LHCrypto project, from their ICO website:
We already have a working business model. Moreover, it has a long history and we have a large client base.
Larson&Holz is not just a web-site, it is a real company. We have been in the market since 2004, we have a large number of offices and partners in different countries of Asia, Europe and Latin America. Over a hundred first-rate professionals, fluent in 10 languages, are employed by the Company.
We only need to adjust the current efficient business model and the marketing campaign to the crypto-environment.
ICO is designed to bring profit to the investors immediately after the PRE ICO stage. This is called the “Early Bird Bonus”.
Token holders’ revenue depends on the asset market price growth and on the fixed part of the incoming payments flow to the crypto broker’s account. In every way this is similar to dividend payments. These pay-outs are warranted by the smart contract. And this is “CASHBACK”.
Since we already have an effective and profit making broker, we can provide unique guarantees for our token holders. The min. token yield we guarantee during the first year is 20%. And this is the “Token Rate Insurance System”.
Our clients are active Internet users, their financial resources are limited and they look for a chance to earn profit online. Therefore, among our target audiences is the huge crypto-currency community.
In our ICO assessment, we highly value the experience of the management team, the growth stage of the business model and the economic viability of the token. And we prefer tokens that pay out a periodic cash flow to the token holders.
What is Gimmer?
Gimmer is an automated trading platform for cryptocurrencies. Gimmer connects to a customer’s cryptocurrency exchange account and then uses advanced algorithmic trading bots to make the trades on behalf of the customer – at parameters that the customer has set. No programming skills, no previous trading experience and no in-depth knowledge of cryptocurrencies is needed. As the cryptocurrency market is highly volatile, the trading bots work 24/7 so that users do not have to monitor their trades and exchanges all day long. But the possibility to see them working in real time exists.
How it works
Gimmer has an easy-to-use interface which makes it ideal for beginners. The Gimmer team has set up good learning grounds with community driven forums and real time results of bots. Experienced traders can create their own strategies and rent them to other users, thereby making additional revenue and allowing users to learn from each other.
A useful tool offered on the Gimmer platform is the free backtest option. When the user configured a trading bot – including any number of indicators, safeties and currencies – the backtest shows how this particular strategy would have worked out in a previous period, i.e. using historical data.
The bots in the following picture are available at launch:
The gimmer team is already working more kinds of bots, for example: arbitrage and lending bots.
Gimmer trading bots connect to your chosen cryptocurrency exchange wallet meaning your cryptocurrency never leaves the exchange. Gimmer never directly holds your cryptocurrencies. This is a positive aspect since Gimmer does not have direct access to the funds of a user, i.e. that they will always stay in the external exchange wallet.
Gimmer’s beta success
In early 2017, Gimmer released a beta version available for
four months which was mainly used to validate the trading bots core functionality. In total, over 800 active users signed up, 7,170 active crypto-trading bot strategies were created, over 12,000 backtests were completed and the best
performance achieved an 87% return.
The Gimmer ecosystem has its own form of currency called Gimmer Tokens (GMR). Every purchase, rental, sale, exchange or fee made in the ecosystem will require the use of GMR Tokens. They are also used as reward for creating content in Gimmer’s integrated social network or expanding the Gimmer community by inviting friends for instance.
The GMR token will be implemented using the Ethereum/ERC20 technology and will not be tradable until the close of the public sale on 28 February 2018. The tokens are valued 1 ETH per 2,500 GMR (plus applicable bonus).
A drawback for investors is the fact that GMR Tokens are not offered as a security and do not pay any dividends, commissions or shares.
There will be no new tokens generated after the initial coin offering. They will be distributed through their in-app store which is also their only way of monetization. This also means that there will be no token burning.
The funds raised will be used as follows:
Gimmer’s core team consists of two senior developers, a global macro hedge fund manager and a creative design veteran. As compared with the majority of ICOs, Gimmer’s team is in-line with the relative standard, i.e. the quality of the team meets basic expectations. The CEO and CTO (both co-founders) have more than 13 years’ experience in the field of development, Blockchain and cryptocurrencies.
However, three of the four core team members are balancing two other jobs next to Gimmer which is a possible risk.
Gimmer has a mathematician in their team, along with an advisor with a PhD in artificial intelligence and several other advisors that are important for this type of company.
Why to invest
Gimmer is an application for both unexperienced and experienced traders who are interested in cryptocurrencies and trading with bots. It includes advantages like not having to monitor the exchanges 24/7, using many build in features and renting profitable strategies from others and to others. In addition to that, the inner workings of the strategies rented will be kept secret to stop other users from copying them.
The Gimmer Token is seen as a utility token. There is no direct cash flow from investing in it, i.e. the main way to achieve a return on the investment is to use the token in the Gimmer ecosystem. However, it can be quite simple to use the Gimmer token and the platform – without costing much time. The user decides how much time, money and effort to spend on it.
Furthermore, the Gimmer token will be listed on Ether Delta as soon as the token sale ends. They are currently making arrangements for listings on other exchanges too.
Gimmer has plans to expand their platform. Some of them are:
- Automated arbitrage bots (Quarter 3 2018)
- Automated lending bots (Quarter 4 2018)
- Added to 8 new exchanges (Quarter 2 2019)
The main reason to participate in the Gimmer ICO is to buy the GMR tokens at a discount. If the platform gains popularity and people will start using it intensively, the price of the tokens might increase, therefore, the ICO could be a good opportunity to purchase the tokens at a lower rate, to have the lowest possible cost of running a trading bot. The risk here is that Gimmer will not be as popular as hoped, and the exchange price will fall below ICO price, but then still you will have tokens that are perfectly good to use.
We are excited to see a platform that allows users to create their own strategies for trading and we believe that bot trading could play a big part in the future of the crypto market. Gimmer could be a great way for people to start learning how to capitalize on this opportunity.
To Participate in the ICO, click the picture below!
Have any questions? Ask us on telegram:
This is the second article in a line of updates about the WePower ICO. The team from Crypto Rating Desk is very active in telegram chats from upcoming ICO’s to be able to further elaborate on questions that many people have and details that people want to be further informed on. The main questions that we see are asked to WePower are answered below.
There are nearly 100,000 people whitelisted for the ICO meaning that there is incredible attention for this ICO. We hope that not many of our readers will miss out on it.
What is the Hard cap?
The total sum WePower wants to raise is 35 million dollars. This amount is quite reasonable for a non-asset-backed token of this scale and function, and this amount compares well to other ICO’s.
How will the ICO proceeds be utilized?
The entire capital that will be raised during the ICO will be used to further develop the platform(45%), connection to the energy infrastructure(15%), making sure they comply with energy market requirements(15%) and finally to expand their operations.
How many tokens do I receive for 1 eth?
The current estimate is 4000 tokens per Ethereum, but this might change due to fluctuations in Ethereum price.
Where will the tokens be listed?
Unfortunately the WePower team cannot answer this question for now. They say that it will become clearer near the end of the ICO.
Do I need WPR tokens to purchase energy tokens?
You do not need to own WPR tokens to access the platform, anyone can access it. But WPR token holders do get priority.
What are the benefits of owning WPR tokens?
First of the all the 0.9% tokenized energy donation from energy plants financed through WePower is a big benefit. You receive free energy that you are able to spend or sell. Another benefit is that you need to have WPR tokens to be able to participate in crowdfunding a new plant, meaning holding the WPR tokens allows you to purchase energy at a discounted rate. If you have 1000 WPR tokens, you can purchase 1000 energy tokens. This last part instantly makes some bells ring in our heads. Because this means that there is a possibility that people that are successful with profiting from energy trading will come to the platform, and want to increase the volume of their trades by having to purchase more WPR tokens, increasing the demand. Or even just a homeowner that consumes electricity and wants to be able to purchase all their energy at a discount so they purchase more WPR tokens.
We were unaware of the fact that you need WPR tokens to purchase energy tokens at a discount, but this has only made us more excited about this investment opportunity. Maybe one day WePower will provide power for the Crypto Rating Desk office, who knows.
We hope that you are as excited as we are to participate in this ICO. For everyone that has not signed up yet, we have provided a link below, just click the picture!
Have any questions? Ask us on telegram:
From the corporate website:
Click this link to visit the LHCrypto YouTube Channel.
This is good news, as it brings us one step closer to a working business model. And as soon as it is operational, we expect to receive the cash flow from the cash back program, the main reason we participated in this ICO.
Join the ICO here, you have until January 31, 2018.
What a news to end the month with!
The first mobile TerraMining farm is launched and is already bringing profits!
29 December marks the day when after a few test launches the farm went operational with 36 ASIC-miners out of 108 available. You can see live worker stats via this link ►
TerraMiner plans to launch the other 72 ASIC-miners and thus make the first batch of hardware fully operational. As you may know, the second batch comes January 2018.
And something else to brighten up the day! 30 December at 8:00 AM GMT TerraMiner launched their second TerraMiner ICO! During that time they offer TRM2 tokens that represent a share in the next mining farm that they’re building next year. TRM2 can be purchased on the TerraMiner ICO website, at this time the minimum investment is set at $100.
Good news for everyone that contributed to the UnikoinGold ICO: as of today, it trades at Bittrex and price is up by 114%. Although we have the UKG position for the long term, we do like the way it is going.
The exponential growth of cryptocurrencies’ usage as a medium of exchange creates a huge demand for mining capacity that is required to safely conduct and validate all the transactions performed in cryptocurrency networks.
The number of transactions in the cryptocurrency networks grows at an unprecedented rate that is expected to keep growing in the foreseeable future. Cryptocurrency networks experience a sharp demand in higher and higher hashrate by the day. And that provides opportunities to invest in.
TerraMiner has created an engineering solution of highly mobile mining farms that are easy to deploy anywhere in the world. The mobile mining farms are mounted inside a shipping container and are equipped with an alarm system, a fire safety system and an advanced immersion cooling system.
Investments in this high-tech solution will give investors access to the most flexible and reliable mining farm with an attractive projected ROI and a short payback period.
We will contribute to this ICO, as we expect TerraMiner to deliver diversification to our Portfolio of 100 and contribute to a periodic incoming cash flow. This is, next to envion, our second contribution to a crypto mining facility.
The risk of the Terraminer project, as with any ICO, is simple: our contribution could end up worthless. That’s the risk we take into account and for this reason, we keep the individual contributions and our total ICO contributions as % of the total portfolio, limited. Especially if we take into account that the crypto market could see some more downside pressure in 2018 before a new uptrend starts. Currently, we have 15 contributions and we expect to increase it to 100 during 2018 and take advantage of a market slump.
Out of the 15 contributions, we have two small contributions to the mining sector (envion and TerramMiner), for two reasons: 1. get exposure to the growing crypto mining business and 2. we’re interested in the periodic cash flow from the tokens.
If you want to contribute to this ICO, then you can do so by setting up your account on the TerraMiner ICO page or click on the button below.
ICO SUMMARY & FAQ
Mission and Goals
The TRM2 Token is an ERC-20 token based on the Ethereum blockchain.
TRM2 tokens grant the holders the following privileges:
- The right to own 1 Megahash per second (Mh/s) for each TRM2 token the investor holds;
- 50% of the mining revenue earned with the hashrate the tokenholder owns, the other 50% goes to the founders;
- The right to reinvest 10% of the project’s revenue and increase the effective hashrate behind the tokens.
TerraMiner2 Profit Calculation
If you contribute 1 ETH ($800) to the Terraminer ICO, the Terraminer Profit Calculator projects that the tokens deliver a monthly cash flow of $85.71, and this equals a monthly yield of 11.3% (simple interest = 136% per year) based on a hash rate of
This compares to the 161% projected annualized ROI of envion. As with any projected return: the higher the expected pay off, the more risk the project should have. So be aware of this, there’s no free lunch.
The cash flow is expected to increase after the 10% reinvestment plan (compounding effect).
10% Reinvestment Plan
Distribution of Revenue and Cost
All the investments in the project are allocated towards purchasing mining hardware and other technical expenses.
The TerraMiner Team takes on all the operational expenses: operational, legal, marketing, staff, PR and communication and advertisements, using its own budget for these causes.
Gross Revenue from the mining operation will be distributed as follows:
Investors receive 50% of mining operations profits and cover no operational costs such as electricity, maintenance, rent, security costs, personnel salaries and other. Token holders receive profits as long as revenues of a particular farm exceed energy costs.
So that means that the profit of the token holder is dependent on the price of energy and the price of cryptos (revenue from mining). If the crypto market experiences downside pressure in 2018, then the TerraMiner business model will likely be negatively impacted and it might not reach the targeted return of a 11% monthly cash flow yield.
Token Sale Phases & Cost
Some interesting questions, from the ICO page.
If the Chinese government bans mining, what then?
I read there is a Revenue Share program?
The revenue from mining is shared between the token holders and founders on an equal basis, 50/50%. The calculator on the website shows your profits after the company’s 50% cut. To find out about your profit projections, use the calculator, for example, if you invest $840 when the token price is $8.4, divide 840 by 8.4 and you get 100 TRM2. Enter this number in the calculator and see your projected daily, weekly and monthly profits as well as your estimated payback period.
When does the farm start?
What’s the minimum investment amount?
How will I receive my dividends in BTC?
You enter your BTC wallet and the withdrawal amount, then click “withdraw”.
Blockchain transaction fees are only paid by the company if the withdrawal amount is greater than $100, otherwise, the fee is on the user.
When do I receive my first profits and how is it going to go down?
What are the token growth drivers here?
For how long will I continue receiving profits?
You will continue receiving profits for as long as you are holding TRM2 tokens, it is a lifetime contract. The farm will be bringing you dividends for as long as its mining revenue exceeds operational cost.
Have any questions? Ask us on telegram:
What is WePower?
WePower is a platform for energy producers, consumers and investors. Consumers can purchase clean energy (solar, wind and hydro) with cryptocurrency, to then consume, or to sell the energy later, and even gift the energy to someone they know. This is all made possible by tokenizing the energy. One energy token will be worth 1kWh.
These are current problems in the energy industry:
Why is WePower interesting for investors?
WPR token holders will be given free energy tokens. WePower receives these tokens as donations from energy producers that crowdfund a new clean energy plant through the WePower platform. Energy producers can raise funds to create a new energy plant by having a sort of ICO on the WePower platform. They sell tokens that will be exchanged for energy in the future (usually within 4-6 months). Smart contracts are supposed to aid the fulfillment of the delivery of energy from crowdfunded plants. The energy plants that are funded through WePower are not limited to selling the energy on their platform, but 20% of energy produced has to be sold through WePower.
0.9% of the total energy produced will be donated to the token holders in the form of energy tokens. The donated energy to token holders in euros is illustrated below:
Why would energy producers want to fund their plant through WePower?
A big problem that WePower is solving is the length of the process to set up a new plant. Currently the process looks like this:
But the way WePower would like to see this process is:
If WePower can really make this possible, it will be a big leap forward for clean energy in Europe. This business model seems to have positive effects on four parties; investors, producers, consumers and the environment. It’s easier for investors to participate in clean energy projects, and they get a nice return. Producers will receive a bigger return on equity on their energy plant projects. Consumers will be able to buy energy when it is cheap and be able to redeem it any time they want. Producers that want to fund a new plant through WePower will sell the energy tokens under the current market price of energy, meaning that investors can profit when the energy is produced, and consumers will have cheaper energy.
The proceeds from the ICO will be used as follows:
We are very excited to see a platform like WePower since we are advocates of clean energy. Big changes in huge markets usually have to come from the top to go down, but WePower is fighting this issue bottom-up by giving the people a louder voice. We are closely following this ICO to see developments that we would like to report to you; stay tuned.
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