Italian based crypto-mining giant, Bitminer factory has announced that it would be starting its ICO with a limited discount of 12% on the 21st of July, 2018. This news came after the launching of their presale on July 1st till 20th of July.
Their startup enables the blockchain by making use of renewable energy to mine digital currencies and partakes in the benefits with prospective token holders. The factory plans to use the mounting demand for renewable energy to power worldwide crypto-mining activities, for the increase in profits for crypto enthusiasts, investors and miners alike.
The ICO starts the day after the presale ends (20/07/2018) and 100,000,000 tokens are for sale, the presale which is currently active is sold at an 18% discount, a three months lockup period and the token is sold at the price of 1 USD. The ICO is meant to last for 72 days (till 30th September this year) the discount tier till 20/08/18 is between 1-12% (tier 1) discount tier 2 will be at 2-6% to 20/09/18, the tokens will sell for 1 USD per token, soft cap at 0.5 million USD and hard cap at 100 million USD.
In less than a year, the energy needs for crypto-mining on a global scale have increased fivefold and is anticipated to double in 2019. Investors in the factory will gain profit by partaking in the revolutionary transformations initiated in the energy sector, changing from the ‘old’ fossil fuel to the new and improved zero carbon.
The Founder and CEO of Bitminer factory, Gabriele Angeli, stated that “Our tokens represent a mining contract that allows anyone to benefit from the production of our mining and renewable energy plants.” He further said that:
“We’re so confident we’ll succeed, we’re offering a Buy-Back plan for our tokens every three months where investors can sell back their tokens at an increasingly higher price.”
The Angeli group contractors and energy, which has been in existence for 40 years, is the parent company of Bitminer factory, with more than $3 million in revenue and over 20 collaborators. The startup is the biggest industrial cryptography-mining enterprise in Italy. Gabriele Angeli has deep-rooted experience as a general contractor in the energy sector, which is a family business, the Angeli group are veterans and have been in partnership with large corporations around the globe for 50 years.
The co-founder also talked about what prompted the factory to start an ICO, Angeli said that:
“We decided to go to the next step and allow everyone to participate in our project by purchasing tokens. We want to make the Blockchain sustainable by using renewable energy to mine cryptocurrencies and share the benefits with our token holders.”
Large-scale web project and web marketing know-how is the area of expertise of the co-founder of Bitminer factory, Gabriele Stampa and Bitminer’s “army” of 20 collaborators bring a lot of experience in venture capital, E-business, finance, HI- tech, renewable energy, web development and IOT. This fruitful partnership has made Bitminer factory the biggest crypto-mining company in Italy with more than 18 months of active business experience, including the selling and operating miners for business or other purposes.