Post
Topic
Board Tokens (Altcoins)
Re: [ANN] 💰⛏ 💰⛏ 💰⛏ ICE ROCK MINING ICO2 - LIFETIME PROFIT
by
CryptoSuperPanda
on 30/03/2018, 09:52:30 UTC
Hi guys!   Wink

I am very interested in your ICO and have some questions answers to which are vital for my decision to invest.

I have read your Whitepaper very carefully but unfortunately couldn't find this information  Huh

To be fair I asked similar questions in groups of other mining ICOs (don't think it is right thing to name them here since you are competitors)

1) Tokens give share in profits. So I need to know in details all info on the costs.

1.1) What is your estimation of other costs per KW/h apart from electricity (like salary, Internet, repairs, rent)?
1.2) What taxes (e.g. income tax) and at what rates will be paid?
1.3) How can we be sure that you will not knowingly increase costs (salary for example) to make profits zero and legally not pay anything to token holders?

2) You plan to build data center in Kazakhstan

2.1) What is legal status of cryptocurrency mining in Kazakhstan? Is it allowed? What taxes are applicable?
2.2) Which company produces electricity in your region? Do you have an agreement with electricity producer for electricity supply? What power is reserved for you? Can you please provide contract or an agreement of intent?
2.3) You state that the price of electricity is USD 0.03 per KW/h. Please provide support for this price. Is it stated in the contract?
2.4) What happens if you raise all $23 mln on ICO? Will there be sufficient electricity power and area to build such data center?

3) You plan to buy Antminer S9

3.1) Do you have contract or an agreement of intent with Bitmain? In case of success you will have to buy great amount of ASICs. How can you be sure that you will be able to buy ASICs in large amount?

4) You plan to list tokens on exchange in June

4.1) Do you have an agreement with any exchange?
4.2) Your token is defenetly a security token. How are you going to overcome this fact in order to be listed on exchange?

Thx for your time!

Wish you good luck in raising all $23 mln!!  Smiley