Quote from: MarkNew on April 19, 2018, 09:17:47 AM

Quote from: MNRYIO on April 12, 2018, 02:17:48 PM

Quote from: MarkNew on April 12, 2018, 08:55:29 AM

what are your tokens for? do i own a share in your company or what?

MNRY token is an ERC-20 compliant Ethereum token that confers the right to place mining equipment at one of MINERY mining facilities for 30 years. One token is equivalent to one watt of power capacity of whatever equipment is placed. You can mine cryptocurrencies yourself or rent your tokens out. Token holders are not entitled to any property rights or a share in the company.

waht if after the ICO yr tokens just drop in price? Is it possible? and i will lose my money

MarkNew, thanks for your question. Let's see.
MNRY token price is determined by two primary factors. First of all it depends on how effective mining is as a business. Mining is one of the most profitable types of activity nowadays. If one bitcoin goes for $8000 on an exchange, mining one coin costs around $3400. It is only natural that when cryptocurrency prices rise, mining becomes even more profitable. The token may drop in price only if the expenses are higher than mining revenue. However, this is unlikely to happen. Second, MNRY token price depends on the price of electricity. In theory it is possible that somewhere sometime a virtually free source of energy appears, but it is unlikely to come in the next 30 years.