AETERNUM - The key to Financial Independence

in #ico7 years ago

AETERNUM1.PNG
Aeternumcoins objective and aim is to focus on the requirements and opportunities of cryptocurrency mining and also cryptocurrency market. The proceeds resulting from the aeternumcoins ICO will be invested in the purchase of state-of-the-art mining rigs for providing mining capacities operated by an affi liate and provided to the aeternum Fund, a Cayman Island based and licensed fund specialised and focused on automatized trading in cryptocurrencies based on well established algorithms and operated by experienced, renowned traders.

Aeternum Coin and its initiators have set themselves the goal of generating a crypto currency which in a kind of cycle ensures that the intrinsic value grows steadily. For this purpose, a team has been put together which consists of specialists from the IT, the programming, management, law, distribution, mining and especially from the high-frequency trading.

Proceeds resulting from mining will be split and invested as follows: one part of the proceeds will be provided to aeternum Fund for further investment and trading in cryptocurrencies; the other part of the proceeds will be used by Mining Tec for further investment in and upgrading hard- and software for the mining rigs. Therefore, the investment cycle will continue without a final end date, almost eternally (thus the name of the coin: aeternum, from Latin).
Only holders of the aeternumcoins will be entitled to invest – via a managed account – into aeternum Fund. The performance and the net asset value (NAV) of aeternum Fund will be published on its website (www.aeternumfund.com).

Smart Contract
The AET token functions on the Ethereum Blockchain Network with ERC20 conformity. The Ethereum Network provides key benefi ts for a wide-scale sale of the token including, but not limited to, support from existing Ethereum clients and the ability to be traded in exchange for one of the leading crypto-currencies on the market, ether. It also allows the AET token to take advantage of infrastructure already in-place for trading similar tokens all over the web. Further, the turning-complete nature of the Ethereum Blockchain, as well as its wide acceptance on the market, provides the dual benefi ts of allowing the contract to carry complex functions while still being predictable and secure.


With the minimum of one Ethereum contributors may buy AET tokens which they will receive credited to their respective wallet following the ICO . The proceeds resulting from the ICO will be, on the one hand, converted into EUR and/or USD in order to purchase and subsequently operate mining rigs (step 2 in fig above), and, on the other hand, provided in form of Ethereum to aeternum Fund for trading in cryptocurrencies (step 3 in fig above). Profits from the operation of the mining rigs will be split as further investments in the form of purchase of mining rigs and (2) providing further funds (in the form of cryptocurrencies) to aeternum Fund.

ICO
Name: AET token
Symbol: AET
Type: ERC-20
Amount of Tokens Issued: 100 million
Issue Price per Token: $ 1.30 as of March 1, 2018
Discounts: $ 1.00 as of January 1, 2018
$ 1.20 as of February 19, 2018
Presale Phase: January 1 through February 28, 2018
ICO Phase: March 1, 2018 until all 100 million tokens are sold or June 30, 2018
Accepted currency: ETH
Minimum threshold for participation: 1 ETH
Total Supply: 250,000,000 Tokens
ICO: 100,000,000
Advisors, Founders, Employees: 50,000,000
Created and Reserved by MINING TEC: 1000,000,000

Token Issue Date:

  • March 1, 2018 for those who invested prior to this date or immediately upon purchase, if purchase is made after March 1, 2018

Usage

  • Mining rigs (hardware) will be purchased, installed and operated in hydro power plants;
  • Ethereum will be provided as liquidity for aeternum Fund to commence crypto-currency-trading.
    Also, proceeds would be used for covering third party cost.

Mining
Mining Tec has secured the abilities and resources of mining farms in Austria. We have collected vast experience in establishing and operating mining rigs in hydro power plants (mining farms) located throughout Austria. These hydro power plants generate “green energy” which is used for mining. The mining rigs which we currently operate and service through an affi liate are, to a large extent, owned by third parties which receive the profi ts from mining.

Road Map

  • January and February 2018: code review of smart contract final testing of trading algorithms
  • Jan 1, 2018 through Feb 28, 2018: official pre-sale of AET tokens
  • March 1, 2018 through June 30, 2018: Initial Coin Offering (ICO) of AET tokens
  • On or about July 1, 2018: AET token is listed for trading on exchange aeternum Fund is open for investment by the use of AET tokens

Important!!! Download their whitepaper from link below and review the RISK FACTOR & LEGAL NOTICE.

More Info
Website: https://www.aeternumcoin.com/
Whitepaper: https://www.aeternumcoin.com/res/docs/aeternum_whitepaper.pdf
Telegram: https://t.me/aeternumcoin
Announcement: https://bitcointalk.org/index.php?topic=3078593

Author: Hurricanecol
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1576406

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