Category Archives: Token

ICO Watch: HydroMiner

What is HydroMiner?
HydroMiner is a cryptocurrency mining company using green energy drawn from hydropower stations in the Alpine region of Europe. Hydropower is generally thought to be one of the most effective and affordable renewable energy resources. It is environmentally friendly, carbon-neutral, and natural. Hydropower allows us to manage resources sustainably and enables low-emission production. What’s more, the technology is simple, controllable, and has an excellent track record.

Using hydropower stations in the Alps region, we reach one of the lowest prices per kilowatt in Europe. In fact, our cost of electricity is currently 85% lower than the average in Europe. In addition, we realize further cost savings by using the water for cooling our mining equipment. In fact, we are able to compete with energy prices in Northern Europe and China. Not only is hydropower mining ecologically friendly, but it is also profitable.
Where possible, mining equipment is built inside standard sea freight containers. The advantage is that containers can easily be assembled near our headquarters in Vienna, Austria, and then taken to the hydropower station. Another advantage is that we have a proven method for equipping containers with mining gear using extremely effective cooling and ventilation equipment. In addition, the container can be moved to another location very quickly if needed, sometimes depending on water levels or the need for extensive maintenance on the power station’s turbines.

The average cost for one fully equipped container is between $350,000 and $650,000 USD, depending on the hardware and cooling technology. With our ICO, we are selling H2O Tokens that will act as vouchers that can be exchanged for mining contracts on the HydroMiner platform.

We have currently rented, with the option to buy, two hydroelectric power stations in Austria. We use the room inside the stations, or place containers nearby to avoid the high network costs for the power lines. Additionally, our proprietary cooling system allows us to save considerable space so that we can significantly increase the number of GPU cards per square meter compared to other mining projects.
We will use the ICO proceeds to further scale up our mining operation with additional hydropower stations.
— The HydroMiner Team

ICO Information
The token sale began on October 18, 2017 and ends November 15, 2017. Each HydroMiner token (H2O) is priced at 0.01 Ether and the bonuses throughout the ICO are as follows:

Week 1 (October 18–24): 20% Bonus
Week 2 (October 25–31): 15% Bonus
Week 3 (November 1–7): 10% Bonus
Week 4 (November 8–15): 5% Bonus

The H2O token is an ERC-20 token and only Ether is accepted as contribution. Funds should be sent from an ERC-20 compatible Ethereum wallet and tokens will be sent to that wallet.

There was a presale for 187,500 tokens that sold out in 36 minutes.

Token Distribution Information
There are 100,000,000 H2O tokens being created, with 25,000,000 available during the ICO. Tokens will be distributed to contributors immediately after the transaction is confirmed. Tokens will be sent to the wallet from which the Ether was contributed.


Use of Crowdsale Proceeds
The proceeds from the ICO will be allocated to hardware, expansion costs at the power stations, and mounting the equipment. ICO proceeds will also be used for marketing, legal, and advisory fees. HydroMiner plans to use 1% of the raised funds to buy BNT and create a Bancor “token changer” between BNT and H20, thus creating intrinsic liquidity for the H20 token. The following is the breakdown of how proceeds will be used:

Hydropower station leasing/electricity: 15%
Hardware: 55%
Operations: 15%
ICO Costs: 10%
Marketing: 4%
Legal: 1%
BNT Reserve Fund: 1%


ICO Watch: Datum

What is Datum?
Datum is a decentralized global scale database with blockchain characteristics that allows anyone to securely store structured data. Datum returns data ownership to individuals and lets them monetize their data on their own terms. This lays the foundation to a new marketplace powered by a new asset class. Datum turns structured data into a tradeable commodity and is building the $120 Bln Data Economy.
— Roger Haenni, Co-Founder and CEO of Datum

Crowdsale Information
The crowdsale will begin on October 17, 2017 at 14:00 UTC and will end on November 17, 2017 at 14:00 UTC.

For every one Ether contributed, 10,000 DAT will be received. DAT is an ERC-20 token and only Ether is accepted for contribution. There is a minimum goal of 5,000 Ether and a hard cap of 153,000 Ether.

Token Distribution Information
Tokens will be distributed one week after the crowdsale is complete, between October 19–26, 2017.

There is a total of 3,000,000,000 DAT being created, and 1,530,000,000 will be available during the crowdsale.

51% of all minted DAT tokens will be offered for purchase across the pre-sale and crowdsale.

29% of all minted DAT tokens will be held in a reserve by the Datum Foundation for community initiatives, user growth, business development, academic research, and future market expansion.

20% of all minted DAT Tokens will be allocated to DAT core developers, founders, and advisors over a two year vesting period as incentive to ensure long-term alignments of interest and commitments towards the future value of the tokens.

Use of Crowdsale Proceeds
The proceeds from the crowdsale will be used as follows:

60%: Development
15%: Marketing
15%: Operations
5%: Legal
5%: Security


ICO Watch: STeX Exchange

What is STeX Exchange?
SteX is a cryptocurrency exchange aggregator. The algorithms and technology put into place within our platform will pull markets from other exchanges into one place — our secure and smart platform. This will provide our users with the highest liquidity and best rates across over 10,000 of the trading pairs we make available.
— Nikolay Prays, CEO and CTO

ICO Information
The ICO began on November 25, 2017 and runs until December 31, 2017. If the hard cap of 5,000,000 STE is reached during the first stage, it will end immediately. The current price is 500 STE per 1 Ether and ends on December 10, 2017, at which point the price will be 1.25 Ether per 500 STE.

STE is an ERC-20 token and so an ERC-20 compatible Ethereum wallet must be used to receive and hold tokens. Exchange wallets should never be used to send funds or receive tokens. The minimum contribution amount is 0.1 Ether and contribution takes place on the STeX Exchange website. Once contributors provide an Ethereum address, a smart contract address will be provided, where contribution should be sent.

For more information, visit the STeX Exchange website.

Token Distribution Information
Tokens will be distributed immediately after contribution once the transaction is confirmed. There are a total of 100,000,000 STE tokens being created, 47,586,030 being sold and there is a minimum goal of 95,172 Ether during the ICO.


Blockchain Platform to Help Small Firms

An established technology company is using Blockchain to dismantle barriers to entry for manufacturing firms and their buyers, with a new platform billed as “the way forward into the Industrial Revolution 4.0.” SyncFab, which launched in Silicon Valley five years ago, is working with the US Department of Energy’s Clean Energy Smart Manufacturing Innovation Initiative and the cities of San Leandro, San Francisco and Oakland. The team believes smart technology will help smaller manufacturers with minimal marketing budgets who struggle to gain free exposure on search engines- allowing them to bid for more contracts and showcase their capabilities with ease. Meanwhile, purchasers looking for precision parts have a greater chance of finding a provider who is local to them. Expenses also tumble because the procurement process, where brokers, agents and inefficient software cost time and money, is streamlined dramatically. SyncFab argues that local sourcing lowers the minimum number of parts that a buyer needs to commit to while creating a more responsible and eco-conscious supply chain at the same time. At the heart of this Smart Manufacturing Blockchain is the MFG Token, a utility token which doubles up as a payment method and a reward mechanism for manufacturers who participate in auctions quickly, offer competitive rates and maintain production records on the Blockchain.


Crowdsale For DISCIPLINA

DISCIPLINA is a multifunctional blockchain for projects in the fields of education and recruitment. It ensures the transparency of the platform’s activity and creates the conditions for maintaining the confidentiality and reliability of information entered by the ecosystem participants. The system will allow to keep a unified register of academic achievement and qualifications, and generate a personal score for every user of the platform. DISCIPLINA is a private-public blockchain. The private element has been introduced in order to store private and personal user data, as well as those materials that are protected by copyright or commercial confidentiality. The private segment does not allow any data except hashes into open access. The public segment provides access to the data that verifies the integrity of the private chains and the reliability of the data stored by the network. Since the blockchain will store confidential information (such as students’ personal data, grades, and test results), public blockchain solutions that store all of their transactions in open access — Ethereum or EOS, for example — are unacceptable. At the same time, private blockchain solutions, such as Hyperledger, do not provide enough verifiability of the data stored on them. That is why DISCIPLINA is being developed as a specific blockchain to ensure the full support for the needs of the educational and recruiting spheres.