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Quote from: ning_aric on July 24, 2019, 08:02:53 AM

Im very much interested in mining projects. I think they seem to be very profitable. Unfortunately, I cant mine bitcoin or any other cryptocurrency myself, and when I tried, I couldnt make the time to keep my miners working and maintained. I think Minedblock passive mining income is a better option.

This is why our Dual token structure will work to great effect!

Will it be possible to easily convert one token into the other? I can imagine that changing MTBU to MTBX should be possible from your side but the other way round?

MBTU can be used to purchase MBTX. MBTX holders will receive some MBTU for free (Limited to the first 30m MBTX holders)
MBTX is a security token and will deliver in a different way to MBTU, its not designed to be a payment currency

Will you offer to sell MBTX in exchange for MBTU on your website? If so, where do the MBTX come from that you sell and what do you do with the MBTU that you get in an exchange for them?

Yes
MBTX will be minted to order and MBTU will be treated the same as other MBTU transactions - 10% burned, 40% resold and 50% held for future long term customer rewards

So does this mean that you basically have the possibility to create new MBTX at any time? I must say that I don't really like that. Isn't there an other alternative way you can do that? Like, maybe sell the MBTU you receive for market price and use what you get to buy MBTX from market?

Its a security token! Like a share in a company, it will always allow future funding rounds, see the whitepaper for more information

Yeah, I can understand that you want to have the possibility to reopen the STO when you decide that you want to expand your business but for me the conversion of your security token to your utility tokens isn't really a reason to create new tokens imho and not really a "future funding round".

For most, the security route of investing isnt possible due to the regulatory restrictions meaning most will have to accredited or sophisticated to invest. The MBTU utility token is for this who cant get involved in the security offering. I very much doubt they will be in a position in which they can buy MBTX. So I feel this is a closed question really and a real life problem I dont think well encounter

MinedBlock_Paul

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