REVIEW Swiss Alps Mining&Energy ICO 2018
Swiss Alps Mining & Energy offers mining facilities in unused buildings in the Swiss alps, powered by renewable energy
What is Swiss Alps Mining & Energy about
The blockchain community worldwide faces strong headwinds due to the very energy-intensive mining process of crypto currencies and blockchain-based business applications. At the same time, in the Swiss alps, thousands of unused structures are disintegrating due to the fact that today’s spatial planning law does not allow for residential use of these buildings. Swiss Alps Mining & Energy connects these two worlds by offering environmentally friendly mining facilities in unused buildings in the Swiss alps, powered by renewable energy only.
Swiss Alps Energy AG will hold an Initial Coin Offering (ICO) in early 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants.
Swiss Alps Energy AG provides decentralized blockchain infrastructure and mining facilities by means of a sophisticated modular cube system. The pre-fabricated cubes contain the mining components and are installed on-site in unused buildings in the Swiss alps. They allow for ecologically sound and highly efficient mining. With the help of an Organic Rankine Cycle (ORC) system, energy consumption will decrease by up to 50% in comparison to similar installations.
The ORC system
The ORC system uses the waste heat that is generated by the mining process in order to recover energy. SAM Cubes are located at high altitude, which facilitates the process of energy recovery, as altitude lowers the boiling point of water. No additional air conditioning systems are needed. Swiss Alps Energy AG is the first company worldwide to use an ORC system to recover energy from waste heat from mining facilities. SAE therefore offers an effective solution to a global mining problem. SAE customers have the option to join SAM Smart Mining, also referred to as samaiX©.
SamaiX is SAE’s proprietary artificial intelligence and a Decision Support System that helps miners to optimize their operations. The decentralized distribution of the various facilities allows SAE to offer equally decentralized hosting of individual company blockchains and enables SAE to rent out these infrastructures.
TEAM
Swiss Alps Energy Advisory Board
Roadmap
After the initial development of SAE infrastructure and business activities in Switzerland, expansion into foreign countries, especially in the field of renewable energy, can be imagined and desired. The ability to pay by using crypto currency and the settlement process through smart contracts is another novelty that can help SAE to become an industry leader in the field of blockchain-based business models.
Crowdsale
PRE-ICO
Pre-ICO token supply: 29166666
ICO
ICO start date: 17.06.2018
ICO end date: 22.06.2018
ICO token supply: 157440475
TOKEN DETAILS
Ticker: SAM
Type: Utility-token
Token standard: ERC-20
Additional Token Emission: No
Token price in USD: 1 Token = 0.800000 USD
Accepted Currencies: BTC, ETH, USD
Bonus Program:
Token Price:
Pre-ICO Tier 1 - $0.30
Pre-ICO Tier 2 - $0.40
ICO Tier 1 - $0.50
ICO Tier 2 - $0.60
ICO Tier 3 - $0.70
ICO Tier 4 - $0.80
Token distribution:
-50.6% - ICO
-9.4% - Pre-ICO
-25% - Founders, Partners
-8% - Early Angel Token Owners, Advisors
-2% - Bounty
-5% - Future Contributors
-Funds allocation:
-60% - Mining Facilities, Hydropower Plants
-18% - Administration, Salaries, Rent
-10% - Marketing and Promotion Expenditures
-5% - Workshop (Cube Construction)
-5% - Development, Blockchain, Certification
-2% - Legal Costs
Conclusions
SAM is the evolution of the cryptocurrency mining farms in which they combine electrical efficiency, favorable conditions, state-of-the-art technology, eco-friendly mining and a team that has the necessary expertise to carry out the project. All the levels of efficiency that they implement reduce the electric cost up to 50% compared to other mining farms, which is a great advantage since the electric cost is the highest cost in the mining activity of cryptocurrencies, allowing the cryptocurrency mining industry to become both more sustainable and more profitable.
Website :https://swissalpsmining.io/
Whitepaper :https://swissalpsmining.io/pdf/whitepaper.pdf
ANN BITCOINTALK :https://bitcointalk.org/index.php?topic=3799103
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