Our operation model and token distribution
Cryptosolartech is a digital asset whose tenure will indicate the rental of a fraction of a cryptocurrency mining farm and a photovoltaic solar energy plant as mentioned above. Initially, the location of the photovoltaic plant will be in the province of Seville (Spain), and the mining farm will be in Malaga (Spain) in an industrial warehouse already enabled for this activity.
Cryptosolartech is a type ERC-20 token that will work on the Blockchain of Ethereum. For this ICO a set of 1.126 million Cryptosolartech tokens will be launched. The initial value in the first phase will be € 0,05 per Token, reaching a maximum value, during the sale of Tokens of € 0,10. The purchase of these tokens will be carried out during the ICO process using a smart contract enabled for this purpose.
The total distribution of Tokens, the price per phases and the quantity issued per phase are the following:
The distribution of the Cryptosolartech fundraising will be as follows:
Cryptosolartoken is the basic token that will use the Decentralized Autonomous Organization (DAO). This token will be enlisted on the Exchange and has the possibility of being sold and bought. This token forms the basis of the DAO and is an ERC-20 token, so it can be present in the Exchange.
Once the DAO is underway, the possession of these tokens, automatically allows the rental of Asics in proportion to the partici-pation in the DAO. These Asics, that will be rented in correspondence proportional to the tenure of the tokens, will generate mining profits that will be delivered to the holders of said tokens with semi-annual regularity. Deliveries of these mining results will be sent automatically to Ethereum addresses in possession of them using ether currency.
Once the DAO is underway, the possession of these tokens, automatically allows the rental of Asics in proportion to the partici-pation in the DAO. These Asics, that will be rented in correspondence proportional to the tenure of the tokens, will generate mining profits that will be delivered to the holders of said tokens with semi-annual regularity. Deliveries of these mining results will be sent automatically to Ethereum addresses in possession of them using ether currency.
TOKEN CLASSIFICATIONThe token classification is specified below according to the CoinStakers classification model, one of the most used.
In summary we obtain the following:
Technical layer.- It is a non-native token that will run over Ethereum.
Purpose.- It is clearly a token whose specific function is to be used within a specific system such as in this case the Asics rental system.
Value.- The token is used as a claim for a specific asset, as in this case the mining Asics.
Utility.- It is a usage token, since it has a specific function within the network to allow access to a digital service.
Legal status.- It is a utility type token since it generates a utility in the network over a certain application, as it is in this case the mining application.
Purpose.- It is clearly a token whose specific function is to be used within a specific system such as in this case the Asics rental system.
Value.- The token is used as a claim for a specific asset, as in this case the mining Asics.
Utility.- It is a usage token, since it has a specific function within the network to allow access to a digital service.
Legal status.- It is a utility type token since it generates a utility in the network over a certain application, as it is in this case the mining application.
For more info about Cryptosolartech visit our website:https://cryptosolartech.org/en/and join our Telegram Channelhttps://t.me/cryptosolartechEN
Bitcointalk profil:
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