GLOBAL MINING PLATFORM AND TOKEN PROJECT
HELLO GUYS GO JOIN THIS ICO, I BELIEVE, YOU AND ME WILL BE A SUCCESS…!!
LEGAL DISCLAIMER
The purpose of this White Paper is to present the OR RealBit and GMT token to potential token holders in connection with the proposed ICO. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of the company with the intent of acquiring GMT Tokens. Nothing in this White Paper shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction, which are designed to protect investors. The product token is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act, the securities laws of any state of the United States or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident. GMT token cannot be used for any purposes other than as provided in this White Paper, including but not limited to, any investment, speculative or other financial purposes. GMT Token confers no other rights in any form, including but not limited to any ownership, distribution (including, but not limited to, profit), redemption, liquidation, property (including all forms of intellectual property), or other financial or legal rights, other than those specifically set forth below.
TOKEN LAUNCH SUMMARY
GMT Token is an Ethereum based token representing the right to purchase and trade Cryptocurrency Mining Capacity, or Processing Power (“Hash Rate”) at a discount on the Global Mining Platform website provided by OR Realbit. GMTs will provide cumulative and increasing discounts when purchasing different Hash Rates for multiple cryptocurrencies. Tokens will provide discounts on purchases of Hash Rates of choice (i.e. BTC/BCH/LTC/etc).
Hash Rate: The hash rate is the measuring unit of the processing power of the Bitcoin network. The Bitcoin network must make intensive mathematical operations for security purposes. When the network reached a hash rate of 10 Th/s, it meant it could make 10 trillion calculations per second. (https://bitcoin.org/en/vocabulary) Global Mining Platform (“GMP”): OR Realbit´s marketplace/website for hash rate purchasing and trading. At first it will feature BTC/BCH Hash Rates, then we will implement LTC, ETH and others according to popular demand. Hash Rates will be tradable and convertible to each other. Token Launch means the initial sale to the public of GMT tokens. Token Issue means a release of a specific batch of GMT tokens. ICO Date: Tokens will be offered on pre-sale for 30 days starting on November 1st, 2017. ICO date will be December 1st, 2017 and subsequent batch sales will take place each month until April 2018. There will be 3 batches after the pre-sale lasting one month each, ending March 31st, 2018. The offering will be open to the public globally. Token Pre-Sale Volume: 20 million GMT (1mm USD) Pre-sale Start Date: November 1st, 2017 12:00 PM PDT Pre-sale End Date: November 30th, 2017 12:00 PM PDT ICO Start Date: December 1st, 2017 12:00 PM PDT
OVERVIEW OF THE GLOBAL MINING TOKEN AND PLATFORM PROJECT
The GMT Project came into existence from a joint venture partnership between the people behind OR Blockchain Investments, which offers managed investment structures and vehicles for the world to invest in cryptocurrency markets and instruments, and RealBit Mining, official Bitmain distributor and premier datacenter manager and provider of hash rate, who joined forces to create OR-RealBit.
GMP aims to create, facilitate and maintain a global marketplace for hash rates as investment assets. Hash rate tokens will be sold at first, then be freely traded on our order book platform. GMT tokens will serve as facilitator offering cumulative discounts on hash rate tokens sold through the GMP.
OR RealBit will be able to provide hash rate or processing power in all of the most popular cryptocurrencies in the market. Moreover, it will also through the Global Mining Platform provide the ability for token holders to sell and transfer their hash rate tokens to each other and third parties. If holders use the GMT token to buy hash rate tokens, then the GMT Token will be frozen until they sell those hash rate tokens.
The GMT Token will be the first and only token to allow holders to enter AND exit cryptocurrency mining investments at any time at a cheap, profitable cost through its aggressive discounts.
CRYPTOCURRENCY MINING MARKET OVERVIEW
Purchasing equipment is probably the biggest barrier to entry into Bitcoin Mining. One needs a considerable investment along with strongest connections to equipment manufacturers. Once these conditions are met, it may cost millions to build a top tier datacenter and requires experts working 24/7 to maintain a profitable operation.
HOW GLOBAL MINING TOKEN (GMT) WORKS
For a full instructional video please refer to our website http://globalminingtoken.com/howitworks
The GMT Token provides cumulative discounts on hash rate tokens on the Global Mining Platform. The more GMT holders purchase the bigger the discount
Hash Rate per Second Measures Gigahash = (1000*10⁹) or 1 Billion hashes per second Terahash = (10¹² hashes) or 1 Trillion hashes per second Petahash = (10¹⁵ hashes) or 1 Quadrillion hashes per second Exahash = (10¹⁸ hashes) or 1 Quintillion hashes per second
Each GMT token represents the right to purchase Hash Rate Tokens at a discount. Example: Token Price 0.05 Dollars
Each Hash Rate Token (BTCgh) represents 1 gH/s worth of hash rate minus energy and logistics cost and rent fee.
Hash Rate Revenue: The revenue created from mining your currency of choice Effective Energy Cost: The energy cost paid out to mine your currency of
BTCgh Hash Rate Token Revenue Model + Hash Rate Revenue — Effective Electricity Cost — Logistics and Maintenance Cost — Rent fee (15% of Net Value) = Payout
Actual Real Life Example: Date: 10/15/2017 BTC Price: 5700 USD Difficulty: 1,196,792,694,099 Hash Rate: 1 Terahash/s (1000 BTCgH Tokens)
WEBSITE : https://globalminingtoken.com/
Posted By : Doni Ariyanto
BitcoinTalk profile Link : https://bitcointalk.org/index.php?action=profile;u=1098736
My ETH Wallet :0xe92958863d8A954041CC261b1A2ce13f647ecAc6
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