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Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 42. (Read 8718 times)

full member
Activity: 686
Merit: 101
When you say that you'll burn 10% of each MBTU transaction, will you do this for an unlimited time or only until the total supply reaches a specific amount?
newbie
Activity: 154
Merit: 0
newbie
Activity: 154
Merit: 0
They’re separate tokens that have been created to complete separate tasks? One is a security token that can only be purchased by certain individuals but gives a higher level of protection to the investor and the other is a way in for those who can’t get in via the STO, The IEO will sell 100m MBTU, The only way to then purchase will be via the secondary market.


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That's mean we have to buy both tokens in different transactions? Or if we are holding MBTX  then we will get MBTU also? I am confused here.🤔
full member
Activity: 686
Merit: 101
MBTX will be available in future funding rounds and MBTU will only be available in the IEO


Got another question about MBTU and MBTX.

In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?

Ahh yeah I remember that you mentioned these future funding rounds already earlier in this thread. Will this mean you'll get a discount then when paying with MBTU tokens?
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value  Wink




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Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?

What's the projected Token supply for both CS and TS for both tokens?
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This strategy in most of the cases have faced difficulties in helping price retain good value. I could  point projects that used this and didn't have much success. What other strategies does the team have in mind to help token price in the future?
copper member
Activity: 658
Merit: 0
Empowering crypto w/ sustainable energy
MBTX will be available in future funding rounds and MBTU will only be available in the IEO


Got another question about MBTU and MBTX.

In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?

That's mean we have to buy both tokens in different transactions? Or if we are holding MBTX  then we will get MBTU also? I am confused here.🤔
jr. member
Activity: 280
Merit: 1
Yes. But initially only Bitcoin or Bitcoin Cash will be available though until we make GPU mining available




Can MBTU token holders that rented mining equipment decide on their own what they wanna mine with it? Or will it be chosen by you?

That's nice to k know. So I can decide which coin we want to mine. But there might be list of coin from which we need to select?
newbie
Activity: 154
Merit: 0
5% of total supply is allocated to Founding team. MBTU unsold tokens will be burnt but MBTX will continue to be sold in Private Placements until hardcap has been reached.




The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value  Wink




Quote
Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?

What's the projected Token supply for both CS and TS for both tokens?
[/quote]

How much tokens project team will be keeping for themselves ? Also, What will happen to unsold tokens?  I hope you will burn unsold tokens? 
[/quote]
jr. member
Activity: 406
Merit: 2
The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value  Wink




Quote
Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?

What's the projected Token supply for both CS and TS for both tokens?
[/quote]
[/quote]

How much tokens project team will be keeping for themselves ? Also, What will happen to unsold tokens?  I hope you will burn unsold tokens? 
newbie
Activity: 154
Merit: 0
The Total supply for MBTX will be 365,000,000 & for MBTU 200,000,000. I can't speculate on circulation quantities as that's dependant on the success of MinedBlock's sale. But don't forget the MinedBlock will operating a Buy Back scheme to reduce the circulation of MBTX thus increasing token value  Wink




Quote
Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
[/quote]

What's the projected Token supply for both CS and TS for both tokens?
[/quote]
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr

Both tokens will be tradable.

They will be completely separate as one will mine to central wallets, that we manage and pay dividends from, whilst the other will mine directly to users wallets





Quote
Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?

What's the projected Token supply for both CS and TS for both tokens?
newbie
Activity: 154
Merit: 0
MBTX will be available in future funding rounds and MBTU will only be available in the IEO


Got another question about MBTU and MBTX.

In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?
full member
Activity: 686
Merit: 101
Got another question about MBTU and MBTX.

In the one-pager it's said that you can also use MBTU to buy MBTX. I don't understand exactly. Will you sell MBTX tokens even after the IEO is over?
newbie
Activity: 154
Merit: 0
Yes. But initially only Bitcoin or Bitcoin Cash will be available though until we make GPU mining available




Can MBTU token holders that rented mining equipment decide on their own what they wanna mine with it? Or will it be chosen by you?
copper member
Activity: 425
Merit: 0

Both tokens will be tradable.

They will be completely separate as one will mine to central wallets, that we manage and pay dividends from, whilst the other will mine directly to users wallets





Quote
Will both tokens be traded in the future?
Will they have separate storage system since one generates passive income?
This is fantastic news, team plan was little delayed but is on schedule and focused.
Good to see they are adhering to their said deliverable.
full member
Activity: 686
Merit: 101
Can MBTU token holders that rented mining equipment decide on their own what they wanna mine with it? Or will it be chosen by you?
newbie
Activity: 154
Merit: 0
The Token metrics can be found on previous pages via our one pager, when the dates are confirmed with the exchange we will release an update but provisionally the IEO will be held the last two weeks of May. You can follow (and interact) on our telegram Group https://t.me/MinedBlockOfficial



MBTU is completely different to the security tokens you offer. I’ll like to know the token metrics of MBTU, when does the token sales for MBTU start and the requirements needed to participate in the token sales?
I think it’s a nice idea to sell both tokens same time, that would leave investor with multiple choices to invest.
newbie
Activity: 154
Merit: 0
Yes ETH will be the token all our investors will receive their passive income. This will be distributed via a smart contract to the wallets that you added to the whitelist.



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Once mining start,  how will you pay to token holders?  I mean you will be mining multiple coins,  so as a token holder I will get payments in certain currencies (say ETH)  or it will be in multiple currencies?

jr. member
Activity: 280
Merit: 1
We are waiting on two investors making their final decisions within the next week, so hopefully we will have good news very soon. The team are itching to get this project going.

We have a ‘plug and play’ facility lined up with capacity for 75,000 asic miners and are working on building an MVP/POC




MinedBlock are Unicorns within this space and have a "sleeping giant" in need of awakening. Minedblock is bringing back the trust this industry needs and deserves. The research this team has conducted will piece together the failures of previous "genuine" projects within their risk assesment strategy to heavily reduce the risk of failure and our aggresive growth strategy will help emcompass MinedBlock to be a major player in this industry.


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So far I have not seen a single company implemented the "share profit" policy with their users and succeeded, I have seen the likes of Bankera in spectracoin attempted that and never continued, what make Mineblock so sure they could pull this off??



Can you give us any updates about how close you are of reaching the softcap? I guess a lot of us here are eagerly waiting for the good news that you have reached it and that you have started setting up your mining farm.

Once mining start,  how will you pay to token holders?  I mean you will be mining multiple coins,  so as a token holder I will get payments in certain currencies (say ETH)  or it will be in multiple currencies?


I think token holders will get payment in ETH only. I am not 100% sure, but they mentioned at their site for portfolio growth that "ETH will appear in your wallet in a regular basis."
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