PITCH DECK Miny · 2020-06-13 · Out of the 50 million MINY tokens that will be released, 1...
Transcript of PITCH DECK Miny · 2020-06-13 · Out of the 50 million MINY tokens that will be released, 1...
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PITCH DECKYour Success Begins With Us
www.website.com
MinyWhitepaper
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“Many unwise people risk while chasing a higher profit. Clever
people, on the other hand, chase safety, but make it profitable if
it’s not!”
Thomas Norberg CEO, Miny
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ABOUT MINY MINY is a Hong Kong-based cryptocurrency mining company managed by entrepreneurial
and professional individuals. It was founded in November 2019 by a cryptocurrency
enthusiast and entrepreneur Thomas Norberg, who was born in Russia and completed
his Master in International Business and Management in Sweden. Norberg’s vision was to
create a platform that allows anyone from any corner of the world to earn through mining.
MINY provides varying computational power to meet the mining needs of everyone. Besides, the platform guides users to build wealth and attain financial freedom.
MINY presents you with an extremely simple, easy, and accessible method of earning passive income. Participating in the mining pools of this cryptocurrency mining platform can offer returns
of between 10% and 19% monthly depending on the balance retained in your mining pool.
All this is integrated with a simple multi-currency Miny Wallet, in where you can manage and earn Bitcoin, Ethereum, Litecoin and Miny Tokens.
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As you probably know, Bitcoin and many other cryptocurrencies are decentralized. Decentralization means, that the responsibilities of supporting the blockchain are spread among all cryptocurrency-network users all over the world. The various blockchains do not rely on any specific individual for support. Support here means legitimizing blockchain transactions and monitoring the cryptocurrency network.
MINING
Miners audit and verify previous transactions. Doing so avoids the possibility of “double-spending.” Mining is done by calculating a 64-digit hash. Of course, miners do not go to this trouble for fun. A miner who finds hashes to 1 MB (I Block) of transactions or the equivalent
of the hash that needs to be calculated, claims a reward. This principle is called Proof of Work (PoW). Mining one block of transactions earns a reward, which is 6.25 BTC at the moment. This amount will be halved again (3.125 BTC) in the next Bitcoin Halving slated to happen in 2024. The last one happened on May 11, 2020.
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Individuals that lack adequate capital and equipment investment cannot earn reasonable
profits from mining. This situation is rather unfortunate since the proceeds from mining should
not be a preserve of the capital-endowed. To make mining a profitable venture for everyone,
as such, access to machines with increased computational power should be a priority. Cloud
computing solves this problem by offering everyone access to machines that identify hashes
to transactions a lot faster.
THE SOLUTION
The concept of mining started with the invention of Bitcoin about 10 years ago. Initially, it was considerably easy. Over time,
however, beating the other miners to find the fitting hashes of a block of transactions has gotten difficult. Back in 2009, not many
users were mining Bitcoin, which probably explains the ease of mining then. The growing popularity of Bitcoin coupled with the
corresponding difficulty of the mathematical puzzles that come with verifying a transaction means that miners now need relatively
large computational power to increase their chances of beating the other miners in solving the transactions and hence getting
the block reward. This fact has transformed mining into a big business. As such, large corporations with adequate budgetary
allocations have set up mining rigs with large computational power. These corporations are reaping most of the block rewards.
The situation explained here above means that the profitability of mining is now a preserve of these corporations.
THE PROBLEM
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THE SOLUTION
CLOUD MINING
It has been established that miners with inadequate capital and equipment investment can still mine
BTC profitably. However, what if you have inadequate resources and are not knowledgeable about
mining? Is it possible for you to access profitable mining resources regardless of your location? Well,
if you answered yes to all these questions, then cloud mining may be what you need. Through cloud
mining, you lease computational power and can mine BTC without the need to own hardware.
POOL MINING
As highlighted above, the difficulty of calculating the mathematical puzzles of a transaction has
increased considerably over time. Miners, as such, came up with the idea to consolidate resources
in pools. Pool mining refers to sharing computational power to increase the chances of verifying
transactions in the blockchain. However, as the chances increase, the profitability decreases since it
is shared proportionately among all the miners that have contributed computational resources. The
share available to each miner depends on the hashing rates he or she provides.
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THE SOLUTION
MINY AI
Miny has incorporated Artificial Intelligence into its operations to make mining even more profitable.
The AI algorithm developed by our smart and professional IT-Team monitors and analyses current
market situations and makes a predictive analysis of the future. We can now calculate the probabilities
of cryptocurrency values using this AI algorithm. Our mining operations, as such, are not only about
the mining rewards, but also about increasing efficiency. The operations are set to shift to mine more
valuable coins depending on the market changes.
MINY CLOUD MINING POOL
Miny mines different cryptocurrencies. We use computational power to join mining pools to increase
the chances of profitability. We, then share the profits with our users. The amount apportioned
to each user depends on the balance the said user holds in the Mining Pool. Our mining farms
are located in Hong Kong, a perfect environment that helps us minimize the cost of mining while
maximizing profits!
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THE MINY VALUE PROPOSITION
The Miny Wallet allows you to store,
send, and receive Bitcoin, Ethereum,
Litecoin, and MINY Tokens. When
you create an account at Miny, a
wallet is automatically generated.
The platform will send you the private
key to your wallet as well as a 12word
phrase. Both are encrypted with your
password and only accessible to you.
Your funds are safe!
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When you join Miny, create an account
and fund it with BTC, ETH or LTC, you
can join the platform’s mining pools
and earn mining rewards daily. The
rewards from the mining pool will
depend on the amount of crypto you
hold in the mining pools. The bigger
your balance, the bigger the reward.
You can take home up to 19% of your
balance monthly!
Aside from the safe cryptocurrency
wallet and the generous mining rewards
that you stand to get when you use
MINY, the platform provides a revenue
stream for users. If you promote MINY,
for instance, by referring people who
actively fund their wallets and participate
in the mining pool, then you will earn
commissions as a result.
The MINY affiliate program pays you for
your direct line of recruits and individuals
in your downline up till the 20th line.
MINY WALLET MINING AFFILIATE
The platform distributes these commissions as well as the mining rewards in MINY Tokens. And, because of the token’s artificial scarcity, your earnings get to increase in value.
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WHAT ISMINY
TOKEN? The Miny platform has developed a native token, MINY, which is a self-established cryptocurrency. This coin is not your average cryptocurrency.
First, it is deflationary, meaning it increases in
value. However, its deflationary nature is not
pegged on any economic principles, rather,
it does so after 12 months of its release
in external exchanges. The tokens will be
released with a starting price of $1, and,
every token is backed by real money. The
MINY Token reserves include the company’s
assets as well as fiat deposited in nominated
accounts, which are $ 50M in summation.
The reserve amount will be equivalent to
the value of the tokens in circulation in the
first 12 months. The Miny platform plans to
release a maximum of 50 million MINY in
the first 12 months, acquirable by investing
or affiliating. All rewards are paid in MINY
and every time, a person exchanges his
MINY into other cryptocurrencies, the
amount exchanged is burned, leading to
a decrease of total supply with a steady
market cap. The artificial scarcity caused as
a result spikes the value of MINY tokens.
Also, Miny reserve the right to hold 1 million
MINY meant for future listing, marketing
campaigns and other platform uses.
ABOUT THE MINY TOKEN
IN SUMMARY
A total of 50 Million MINY will be released
The supply of these tokens decrease with use
They are 100% Backed
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Join us early in the onset and get better rewards.
Investing in the Miny Token during the early stages of
the offer period will assure you of an attractive ROI. The
MINY token’s deflationary feature assures users of a
decent profit margin.
Early Bird
MULTIFUNCTIONAL MINY TOKEN
The Miny platform plans to list MINY on several notable
cryptocurrency exchanges 12 months after the token’s
launch. A list of these exchanges is available on the next
page. Anyone that creates an account on the platform
will have the option of buying and selling MINY tokens
as well.
Trade Miny Tokens
Miny wants to set up a branded shop that will deal
with mining-related products. Using MINY, you can buy
mining devices from several renowned manufacturers
directly from the Miny shop.
Medium of Exchange
The Miny platform will not distribute any more coins
12 months after the launch of the MINY coin. After this
period, holders of the coin will use it to among other
things, rent computational power on our platform. Users,
as such, will earn rewards based on the currencies that
Miny platform mines.
Rent Computational Power
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50M Tokens - Total Supply
10M Tokens - Min. Circulating Supply
1M - Miny Reserves
MINY TOKEN DISTRIBUTIONDETAILS AT A GLANACE
Total Supply: Starting: Market Cap: Token type:Decimal: Offer price:
50,000,000 Tokens $ 50M ERC-20 18 digits $1
Miny Token Supply 100% Backed
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As a platform, we risk users’
funds. To make it worth
everyone’s while, we went for an
artificial scarcity approach, which
increases the value of the tokens
with the decrease in supply. We
chose to do this because we are
very confident about the project.
And, since we are sure
about returns, we want
our supporters to get
good returns for trusting
in us and investing in
our project.
BENEFITSMiny will release up to 50 Million Miny Tokens with an offer price of $1. The company will back the total market cap 100% with both company assets and cash reserves in a nominated account. Among the assets that the company plans to put forth as part of the security setup include mining hangars, mining devices as well as software. The said security shall represent a fixed value of the market capitalization. Importantly, burning a specified portion of the tokens after every transaction is intentional; it makes the coin scarce thus increasing the value of the units in circulation.
THE MINYTOKEN CONCEPT
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Out of the 50 million MINY tokens that will be released, 1 million the circulating tokens will
be at the disposal of the platform for promotion and marketing campaigns. These tokens
shall be used only after concluding the coin offering, that is, 12 months after launching
the sale of the MINY token. The promotion budget proposed by the platform includes
the cost of listing the token in the various exchanges earlier mentioned as well as the any
other marketing campaign that the developers will deem necessary. The tokens shall be
sold in batches of 25,000 tokens every week after the offer phase with the intention to
maintain the stability of the value price of the token. The developers have evaluated the
marketing strategy and determined the current and possible future market conditions.
Based on these conditions, and guided by a mathematical formula, the price of each
Miny token will range between $8.50 and $15 12 months after the offer period closes.
PROMOTION BUDGET
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Listings
Airdrops
Marketing
PROMOTION BUDGET
Listings: Promotion Allocation:
Binance
Kucoin
LaToken
Exrates
HitBTC
Liquid
OKEx
Bitfinex
$1M-$2M | 235394 Tokens
$300K-$500K | 58823 Tokens
$300K-$500K | 58823 Tokens
$300K-$500K | 58823 Tokens
$300K-$500K | 58823 Tokens
$200K | 23539 Tokens
$0
$0
*These statistics are not accurate as they are based on future situations and on the probability of the Miny Token Price after 12 months.
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INVESTING ON THE MINY PLATFORM
15% for 1-14 Days
10% for 15-28 Days
5% from 29 Days
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The Miny platform presents three 3 different investment categories. Each of these offers a
different rate of returns. The percentage return depends on the amount that the user holds as
his or her mining pool balance:
0.005 BTC – 0.08 BTC
0.63%/day | 19%/month
0.50%/day | 15%/month
0.33%/day | 10%/month
Bitcoin Ethereum Litecoin
0.08 BTC – 1.65 BTC
From 1.65 BTC
0.25 ETH – 4 ETH
4 ETH – 80 ETH
From 80 ETH
0.75 LTC – 11 LTC
11 LTC – 225 LTC
From 225 LTC
+1%+2.5%FOR
30DAYS
FOR60
DAYS
BONUSES & FEES
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PROFIT DISTRIBUTION
Miny proposes a wealth distribution structure that gives away a fixed percentage proportional to the amount a user holds in the Mining Pool. The wealth distributed shall also consist of the returns from the mining pool as well. However, Miny reserves the right to hold the reserve amount deducted from the profits of its users. The said amount shall be put to different uses as illustrated in the pie chart below.
Staff Compensation
Reserves
Marketing
SALES
Bonuses for Users
40%
25%
23%
12%
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Create a wallet
EARN WITH MINYIN JUST A FEW STEPS
Creat a free wallet with miny and
manage different cryptocurrencies
safely.
Fund your wallet
Send an amount to your safe wallets on
Miny. At the moment, you can invest with Bitcoin, Litecoin &
Ethereum.
Join a Mining PoolJoin our Mining
Pools to start earning with Miny. You will earn a daily fixed percentage on you
mining pool balance.
Benefit from Miny Token
All profits are paid out in Miny Tokens. The fact, that the Token is fully backed
and burned with every sold, causes a deflation, meaning
an increase in value.
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CAREER
As mentioned earlier in the whitepaper, the Miny platform offers its users with multiple revenue streams. The Multilevel Affiliate Program allows you to earn commissions not only on your direct referrals but also up to the 20th line in your network. As such, you can earn on the Miny platform not only by leasing computational power but also by promoting the platform’s novel mining idea among your networks. And, it is easy to invite prospective users. When you create an account on the platform, a referral link that is unique to you will be generated as well. You are free to share this link within your network. Whoever joins through the same becomes part of your team permanently. You will earn daily commissions from this network of referrals. Your commissions will be commensurate with the balance amount that your downline holds in the mining pool. As you grow your network, you can unlock more lines by solving the quests of the Miny platform’s
Level System.
Line 4 - 20
Line 3
Line 2
From 80 ETH
Line 1
1% of refferrals’ mining rewards
5% of refferrals’ mining rewards
100% of refferrals’ mining rewards
10% of refferrals’ mining rewards
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DEVELOPMENTAL ROADMAP
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Q3 2019
Q4 2019
20thAugust2019
Setting up the first facility
Laying the company’s foundation
Equip hardware for Cryptocurrency Mining
Q1 2020
. Establishing cloud mining Service for private groups Getting the Miny Online Platform live. Merging the AI System to Mining
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Q3 2020 Application
Q4 2020
Q2 2020
. Launching the Affiliate Program Equipment Optimization. Launching the Miny Token Offering
Equipment Optimization
Q2 2021 Concluding the distribution of Miny Tokens. Publication of ERC-20 and Distribution of Tokens
Q3 2021 OKEx, Bittrex and Bitfinex Listing
Q4 2021 Instituting the Explorer. Binance Listing
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Q1 2022
Q3 2022
Equipment Optimization. Setting up a new mining farm
KuCoin Listing . LaToken Listing
Q1 2023 Second Headquarter in Sweden
Q4 2022 Liquid Listing. Establishing the first Miny Mining Pool
. Exrates Listing
. Setting up the Miny Shop
Q2 2022 HitBTC Listing . Setting up the Internal Exchange
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APPLICATION
22
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