Post
Topic
Board Tokens (Altcoins)
Re: [ANN][STO] Pivent | A mining company focused on socioeconomic change - STO LIVE
by
Pivent
on 17/05/2019, 17:14:26 UTC
Is this open to anyone?

Since our offering is a Reg D 506c offering we are only accepting investments from accredited investors globally (US + International).

Thanks for the response.

What makes your project different than MinedBlock?

The main difference between Pivent and MinedBlock is that we are not only focused on building a mining operation that brings our investors a good ROI. We are also focused on how to solve problems of today, such as affordable housing, by building solutions that combine our mining operation's goals to expand and grow our operation with our vision to build diverse and inclusive communities.

Their approach of offering both a STO and utility token is different. It is interesting that the utility token came later, as opposed to with the launch of the STO. This shows that they are still changing what they are offering as a service/product. It's not clear why they created another token instead of using the existing token that was created before their security token. At the end of the day, it is about learning and adapting, so we both have that in common.

Other differences are:
  • We have built 2 proof-of-concept mining farms that are fully managed remotely.
  • We have developed our own web application, web services, and tools to manage and monitor our mining farms.
  • Our team is composed of current and former Microsoft/Amazon engineers with over 10 years of experience, so we have an advantage when it comes to building robust and scalable systems.