About MoonLite

https://www.moonlite.io/

MoonLite.io presents an opportunity to hold a token in a new generation industrial-scale cryptomining operation that focuses on efficiency using Artificial Intelligence and Custom Algorithms, and profitability using low cost and clean energy sources. We will establish our data centers in countries where contractual supplies are clean and green, reliable, cost-effective, and politically stable.

The MoonLite project will operate in Crypto-Currency Mining space, and is planned to start with most of which is Bitcoin, Bitcoin Cash, DASH & Litecoin on an industrial scale. The operation will begin in August 2018, and aims to be in time, one of the larger global crypto mining companies.

MoonLite will incorporate a number of emerging technologies and systems that will work in synergy to maximize the benefits and efficiency of large-scale cryptomining. The proceeds from the mining operations will be divided as follows:

Dissolve percentage into fiat currency for operational costs and traditional investment, re-invest ad-hoc into operation, and crypto & blockchain other opportunities
Maintaining a certain percentage of crypto-currency for the appreciation and value of investments through, investing in some crypto hedge funds, and investments despite other traditional investment channels
Maintain a certain percentage of the crypto currency to be used for purchase planning and expansion of equipment.

MILESTONES

All Milestones will be audited and reported on by an Independent Reputable Third Party Auditor. All reports will be published

February 2017

Concept and Business Plan Development

24 November 2017

White Paper Release & Pre-Swap Opens

30 December 2017

Pre-Sale Phase 1 Begins : 100%-300% Token Bonus

2018

10 January 2018

Smart Contract Audit Completed by ‘Smart Dec’

31 January 2018

Pre-Sale Phase 1 ends at 23:59 GMT ~ Pre-Sale Phase 2 begins : 50% Token Bonus

28 February 2018

Pre-Sale Phase 2 – Ends at 11:59 GMT

28 February 2018

ICO Opens – 50% Bonus During First 12 hours

15 March 2018

ICO Closes

02 April 2018

Begin Data Center Construction and Fitting

02 July 2018

Mining equipment to arrive and be installed

01 August 2018

Data Center to officially open and commence operations

Moonlite Strategy

The largest and most stable currency mine uses the most efficient equipment

Mine on an industrial scale and capitalize on economies of scale and reduce proportional overhead costs

Aggressive expansion and replacement of policy tools

Mining in some pools, and nodes inside the house for each currency

The cost of manpower and human resources is maintained at least in areas with low electricity costs

Redundancy is built into every system

The split results into a ratio of 60:20:20

Strength and Competence The essence, strength will be achieved in the introduction and maintenance of security and redundancy measures:

Some stable currencies are mined

Some pools are managed as well as local nodes

Some power supplies and internet connection

Some mining sites

Backup server

Some cool and cold storage wallets

Backup PSU, hardware and system

We are a blocking company and believe in 100% public transparency. All operational, investment, and executive decisions are sent to a public vote, where the token holder has the final say. In addition, all financial records, crypto, and trade records will be independently audited each year, with results publicly published.MoonLite will issue MoonLite Tokens (MNL) through an audited and tested Intelligent Contract, established to run in the Ethereum ecosystem .

ICO was launched on 28 February 2018 at 12:00 GMT and ended on March 15, 2018 at 12H00 GMT

Token Name:

Monlite Symbol: MNL

Standard token: Ethereum ERC20

Token Swap Price: 0.002 ETH = 1 MNL

1 ETH = 500 MNL

Swap Target

Token Buy-Back Information

Moonlite will allocate 35% of its annual corporate profits to buying back MNL tokens at a premium rate.

We see this approach as fundamentally different from most of the previous ICO’s that succeeded in raising funds for product development but failed to give investors any notable return.

We will employ the following methodology for calculation of the token repurchase price:

{[(35/100) x Annual Corporate Profit] x [number of tokens held/total tokens]} + Current Token Price

Simplified, Moonlite will distribute to a token holder who wishes to sell tokens in the repurchase, their share of the equivalent of 35% of the corporate net profits after Interest, Tax, Depreciation & Amortization in addition to the current market price for their tokens.

The first buyback will be offered to Presale contributors only, and will be offered in a closed purchase offer. If there is any remaining distribution available after the Presale Contributors buy back, it will open to all other token holders by way of a buy order on the public exchange.

Thereafter, we will offer repurchase deals using the same formula to all token holders every 6 months after the financial statements and auditing results have been prepared, by way of a buy order on the public exchange.

All token holders will receive notification of the offer amount within 2 weeks of releasing the half yearly financial statements, and will receive weekly reminders in the 4-week run up to the opening of the token repurchase session.

Effectively, Moonlite will place the buy order on the public exchange 6 weeks after the release of the financial results.

Coin holders will receive their buyback in the form of BTC or ETH.

BURN

All repurchased tokens will be immediately burned.

“Burning” means that purchased coins will be taken off the market, with the consequence that the total supply of MNL coins will decrease. This allows the net asset value of a coin to increase over time.

This option represents a fair way for everyone, especially when conducted transparently.

ICO TO IPO

Moonlite reserves the right to ‘go public’ by way of offering shares in a traditional IPO. At that time, MNL tokens will be redeemable for stocks.

This project will be run in iceland. Why Did we Choose Iceland:

The country of Iceland is highly conducive to the international data centre business.
First world European country that is highly technologically advanced, that is part of the European Economic Area
Ranked 12 out of 189 countries on the World Bank’s Ease of Doing Business Index for 2014
IMD’s World Competitiveness Yearbook 2014 ranks the Icelandic population’s IT skills as second in the world
Exempt from VAT, and VAT claimable on all Data Centre Equipment
Corporate Income Tax at 20%, with the possibility of a ceiling
Long term, fixed energy prices by contract
The World Economic Forum ranked the delivery security of energy in Iceland as the third best in the world
100% of electricity generated in Iceland is clean, and comes from hydro, geo-thermal, and wind sources
Iceland´s robust infrastructure, secure connectivity, renewable energy supply, business environment and other key factors combine to position Iceland at the top of Cushman & Wakefield’s 2016 Data Center Risk Index
Year-Round FREE cooling due to the cold Icelandic climate
Super low Power Usage Effectiveness (PUE) of 1.07
High speed, redundant fibre internet connectivity, both locally and internationally
Iceland ranks no. 9 out of 189 countries on the World Bank’s Ease of Getting Electricity Index
A large amount of correctly zoned land is available, as well as finished facilities suitable for data center operators, that is close to sub-station, fiber internet connectivity, and airports.

Modal Distribution

The allocation of capital will be broken down into the following:

Operating Assets 28.00% = $ 4 200 000.00

Operational Reserves 13.33% = $ 2 000 000.00

Advisory Team 2.00% = $ 300,000.00

Reserve 56.67% = $ 8 500 000.00

It should be noted that such equipment can be easily sold in local and international markets at the same purchase price due to high demand and low supply of miners. This is a good protection against the risks of project downturn and failure. Cash in hand will be used to cover unplanned costs and possible ad-hoc expansions to other data centers. This value is immediately liquid and not risky.

Roadmap MoonLite

Concept & Refinement Development February 2017

The Pre-Sale Seed Funding Stage begins — The White Paper and Website are released November 24, 2017

Iron Phase For Sale Previous closed 05 January 2018

Intelligent Contract Audit Results Released January 10, 2018

Phase 1 Pre-Public Sale Opens (100% -300% Bonus Token) 05 January 2018 at 12:00 GMT

Phase 1 of Pre-Sale Closes & Phase 2 Unlock (50% Bonus Token) January 31, 2018 at 12:00 GMT

Pre-Sale Phase 2 Closes

February 14, 2018

Main Sale of ICO Opened

February 28th at 12:00 GMT

ICO Closes