Quote from: AmbitICO on May 19, 2018, 02:32:34 PM

Quote from: Jordan Siyo on May 19, 2018, 05:13:34 AM

Where will I find smart Contract of this project ??

In your dashboard

Quote from: pat231 on May 19, 2018, 05:16:54 AM

I don't understand the "Ownership" concept here. What does it mean?

From the whitepaper:
Ambit Mining contributors will receive Ethereum based AMBT Tokens that
represent their share in Ambit Mining. These tokens will entitle the holders to the profit share from the Ambit Mining operation. 85% of the net profit will be available for token holders (Total Mining Yield), out of this 85%, 75% will be distributed as dividends, the remaining 25% will be reinvested to improve and upgrade our mining infrastructure, in order to match the increasing mining difficulty and maintain the same ROI over the years. If the cost of the actual reinvestment is less than 25%, then the remaining funds will be distributed as dividends as well.
You can read more here: https://ambitmining.io/doc/Ambit-WhitePaper.pdf

Quote from: the_viper on May 19, 2018, 06:05:42 AM

I'm looking for some excellent projects，Is there an air drop or bounty event for this project?

You can check out the bounty here: https://bitcointalk.org/index.php?topic=3131155

Quote from: tachi641 on May 19, 2018, 12:23:03 PM

What is the ROI if I invest in this project?

This here will help you determine that: https://ambitmining.io/#calc

Quote from: unsquidly on May 19, 2018, 12:26:20 PM

Can we mine the Token?

No

Quote from: Boi qaaf on May 19, 2018, 12:28:45 PM

What all platforms will the coin be listed?

We cannot comment on exchanges.

Quote from: Jordan Siyo on May 19, 2018, 12:32:19 PM

I don't get the purpose of your smart contract.
What makes this project different between other similar projects?

so there are few things:
1. We have experience in mining, we have successfully completed 2 projects that are fully operational and have achieved 100% on roi in 5 months. Cant say the same about the competition
2. We are located in Tbilisi free zone, which means we are exempt from taxes, such as income tax, corporate tax, and most importantly VAT. So that gives us around 20% saving on our hardware purchases which means more miners which means more profitability. i don't like to talk about competition as I am not fully aware of their projects but you can do your own research what is the VAT in other countries. As for IRM there has been lot of negative news coming from KZ about them planning to ban mining, again do your own research.
3. Electricity cost, we have electricity at 5cents per kW/h, which is very competitive price across the world and its on paper. MIO has 6.5 euro cent, IRM im not sure.
4. We are doing our due diligence, we are a resposnible company that understands that we are a security, so to be compliant with SEC we are not accepting any US investors and do KYC on all our customers. IRM as far as i know doesnt do KYC at all (which in my opinion is going to get them in lot of issues when they try to deal with banks) and MIO does KYC only on BTC (again i might be wrong)
5. We are not promising outrageous returns on investment compared to the above mentioned competitors (especially IRM which promises 350% ROI or something along these lines)
6. We are a diversified operation, meaning that we will be mining not only BTC but altcoins as well which minimizes the risk attached to one coin. Both IRM and MIO are only mining BTC
7. We are also offering hosting services as another option to diversify the risk to our token holders, as hosting provides a stable income despite the price on the market

That information about smart contract really helps clear things up, thanks for explaining it.