MoonLite

Crypto-currency has evolved over the last 9 years, and has grown from a concept to a relatively stable investment for many people. Establishment and certainty of market and currency is evident.

With the release of ASIC and other high-performance mining equipment, it has been possible to mine crypto currency efficiently and profitably. This opportunity lies in the ability to generate significant profits from large-scale mining agriculture because the level of difficulty has stabilized for many currencies. Other currencies are still at a relatively low level of difficulty and it is a fantastic opportunity for new miners with appropriate sized operations.

MoonLite intends to grow into one of the largest crypto currency mining organizations in the world by using low cost, sustainable, and green energy exclusively, run by the best team available, and using customized algorithms and Artificial Intelligence installations to dramatically improve operational efficiency and autonomy of all data centres, by implementing our custom “smart-mining” solution.

MoonLite will dedicate ASIC and special equipment to mine:

Bitcoin, and bitcoin derivatives
DASH (former Dark Coin)
Litecoin
Ethereum, depending on profitability at the time

The Company aims to continue mining of high value, proven and stable currencies with the view of converting some of the mined currencies into fiat currencies, while maintaining crypto currency balance in order to expand and value investments.

Mission

MoonLite Mining aims to add value to all token holders by employing the latest technology, rolled out in the most efficient manner, and run by the most suitable team in order to meet and exceed all performance and growth targets. MoonLite will embrace youth, technology, fun, and aims to be a preferred employer of the best talent available. We embrace Blockchain Technology, and will continue to advance the company and teams in parallel.

We are a blockchain company and believe in 100% public transparency. All operational, investment, and executive decisions are sent to public vote, where token holders have the last say. Additionally, all financial, crypto-currency, and trading records will be independently audited on an annual basis, with the results are published publicly.

MoonLite will issue the MoonLite Tokens (MNL) via an audited and tested Smart Contract, created to run on the Ethereum ecosystem.

MoonLite Project

Mining is the process of adding transaction records to Bitcoin's ledger on past transactions and a mining rig is a daily metaphor for a single computer system that does the calculations required for mining. The past big transaction book is called chain block because this is a chain block. The block chain serves to confirm transactions across the network as it has occurred. Binding nodes use block chains to differentiate legitimate Bitcoin transactions from attempts to refinance coins that have been issued elsewhere. Mining is purposely designed to be an intensive and difficult resource so that the number of blocks found every day by miners remains stable. Individual blocks must contain work evidence that should be considered valid.

The MoonLite Project will operate in the Crypto-Currency Mining space, and plans to begin by mining predominantly Bitcoin, Bitcoin Cash, DASH & Litecoin on an industrial scale. Operations are set to begin in August 2018, and aims to be in time, one of the larger global crypto-mining companies.

We will establish our data centres in countries where the contractual electricity supply is clean & green, reliable, costs are the lowest, and that are politically stable. Our first data centre is planned to be in the country of Iceland, where the average tariff for an industrial connection is around 0.045 USD per kWh.

We have the best operational team to oversee and maintain effective operations of our data centres, and we have the most experienced and qualified board of advisers to assist in planning and executing a smooth launch. We are very selective of who we invite to be part of our team, and only engage with the best talent. MoonLite will combine a number of emergent technologies and systems that will work in synergy to maximize the profits and efficiency of large-scale cryptomining.

The proceeds from mining operations will be split as follows :

• Liquidating a percentage into fiat currency for operational costs and traditional investments, ad-hoc re-investment into operations, and other crypto & blockchain opportunities
• Retaining a certain percentage of crypto-currency for the appreciation and investment value through, investment in a number of crypto-hedge-funds, and investment though other traditional investment channels
• Retaining a certain percentage of crypto-currency to be used for planned equipment purchase and expansion.

The opportunity to profit from mining comes from an ever increasing demand for crypto-currency, and the accessibility by way of dozens of platforms coupled with the capability to mine a significant amount of crypto currency that may be sold on to the consumers and traders.

MoonLite will fill this gap by addressing the demand for currency by way of mining at a suitably sized mining farm. Our planned capacity is as follows :

● Growth could surpass the above
● Equipment will be sold and replaced periodically to prevent a decrease in income due to increased mining difficulty levels
● A focus on more stable currencies (both price and difficulty)
● Cash reserves may be used to supplement the above

Our mining operation will not have a significant market share in global mining operations; however will be by far the largest mining operation in Southern Africa, we will easily be able to expand further due to the well capitalised and nimble nature of the operation.

Why Choose The Moonlite Project?

• Our project has the hottest talent, from its senior leadership all the way through to our mining floor. We have focused on attracting only the best, and those who understand that efficiency and profitability is our goal, and who are experts in their respective fields

• Most relevant and industry leading advisors who are involved in the project add a great amount of highly valuable expertise to all areas of our launch

• Our data centres are to be some of the most efficient in construction, cooling, configuration, and mining efficiency due to advanced algorithms and artificial intelligence employed in the mining operations

• Redundancy and security in every single system, from energy, to networking, to management software, to security

• The Moonlite project offers complete transparency to all stakeholders and the general public by way of our social media channels and investor newsletters in the following aspects:

Progress with the ICO
progress with the project and data centre construction
Progress with mining operations
Allowing investors to visit the facility after opening
Direct contact to senior management without delay

• We invite investors to partake in voting around operational endeavours such as currency distribution, new data centres and the like

• Best in class token buy back and profitability structure

• Superior advantage using economies of scale and light weight overhead structures

• Team tokens are in lockup for 180 days, providing security and commitment to investors

• Smart Contracts are fully audited by an independent professional smart contract auditing firm

• Re-purchased tokens are burned and removed from circulation

Strengths and Core Competencies

Strength will be attained in introduction and maintenance of security and redundancy measures :

● Multiple stable currencies mined
● Multiple pools managed, as well as local nodes
● Multiple power supplies and internet connections
● Multiple mining sites
● Backup servers
● Multiple hot and cold storage wallets
● Backup PSU’s, hardware, and systems

Only the best talent will be invited to be part of the team, and will be experienced in all parts of cryptography, networking, and hardware maintenance.

Strategy

● Mine the largest and most stable currencies using the most efficient equipment
● Mine on an industrial scale and capitalise on the economies of scale and proportionately reduced overhead costs
● Aggressive expansion and equipment replacement policy
● Mining in several pools, and local in-house nodes for each currency
● Power and HR costs kept to a minimum – mining in areas with low power cost
● Redundancy built into every system
● Proceeds split into a 60:20:20 ratio

Simple Business Model

1. Establish a data center in a location where there is an appropriate and stable energy supply at an effective rate. Data centers can be consolidated or moved to more suitable locations as the business grows. Each data center will be an independent facility with operational staff, power source, high speed fiber internet connection, server etc.

2. The equipment will be configured to mine in the most efficient way, using a combination of a common mining pool, and a special node (part of the pool) on our local network. The machine will be reconfigured for me in different pools depending on profitability and latency.

3. Each machine will be monitored and operated using special mining management software. This allows easy and effective local and remote performance monitoring, and mass adjustment of miner settings (such as stratum info). Minimum uptime of at least 90% is required from the team.

4. Performance is monitored and adjusted by the team 24 hours a day.

The capital allocation will be broken down into the following:

Currency Flow

All mined currencies (rewards) will be paid at the specified threshold. This threshold will be set up so that gift payments are made daily, or twice a day. These payments will be paid from the mining pool to our hot purse with multi-sig requirements for each currency. At the end of each day, or as often as necessary, the full contents of the hot wallet will be transferred to our cool wallet for secure storage.

We will have a cool wallet for each currency, and have a spare wallet in case of theft, damage or failure of the main wallet. All private keys will be stored in the safe at our bank. There will be no copies of the private key stored, printed or stored elsewhere.

Periodically, but at least 2 weeks, MoonLite will liquidate 60% of the newly mined currency into the currency of the currency. This will be used for payment of operational costs to vendors who do not accept bitcoin as a method of payment. The fiat currency balance will be invested in traditional investment and invested through our investment arm, Capitevo Investments.

1. 20% of the mined currency will be retained, and will be fenced off for the purchase of additional equipment to expand operations

2. 20% of the mined currency will be stored in cold wallet and considered an investment in crypto currency, and actively traded by our dedicated crypto merchant team.

From time to time, and depending on the value of operations or investments, currencies may be exchanged for other currencies. For example, replace DASH to BTC to take advantage of profitable price changes. Certain parts of our static currency that are not used in operations or provided for liquidity and security can be invested with some crypto-protection funds to increase returns on static currency.

Critical Success Factors and Assumptions

● The company needs to continuously update equipment increase or maintain the available hash-rate to keep up with rising mining difficulty levels.
● Income is based on the business keeping up with rising difficulty levels of volatile currencies such as DASH. The risk is offset by mining stable currencies such as BTC, however focus on maintaining constant income levels will need to be primary
● Maintaining a cost effective energy supply
● Keeping costs as per the cash flow projection/budget
● Overall equipment uptime at 90%+
● Additional equipment after phase 1 will be purchased with mining proceeds only
● Maintaining a healthy available cash surplus

Simplified Team Structure

Data Centre Teams:

3-5 years technical IT and networking experience
Responsible for:
Ensuring miner and data centre up time
Effecting changes to miners
Monitoring miners and mining statistics
Daily reporting to operations manager
Fixing hardware faults where possible
Cabling and networking
Maintaining certain server roles

Data Centre General Manager:

● 8 years + experience in IT systems and 5 years + experience in managing teams
● Ensuring group uptime and targets are met
● Managing the data centre teams
● Electricity supply and management
● Maintaining all server roles
● Planning changes to be effected on miners (pools, stratums, nodes etc)
● Continuous performance monitoring
● Expense and supplier management (ordering)
● Reports to director and responsible for all operations
● System and network audits

Director:

● Monitoring and refining goals and targets
● Financial management of Fiat and Crypto currencies
● Ensures that operations are on the set growth plan
● New data centre and equipment planning
● Supplier and client relations management
● Asset management
● Ensures all targets are met
● Sales of crypto currencies
● Investment of currencies
● Oversight of all operations
● Forms part of the board of the international holding company

The data centre teams have not been placed yet, and there are currently 3 candidates for the operations management post. These teams will be assembled closer to the launch date, and as and when needed. Each new team member will go through thorough company induction and training courses prior to being placed in operations.

Equipment Replacement Policy:

As the mining difficulty rates increase and the manufacturers release more powerful and efficient equipment, we will replace existing equipment with the new, later versions. The old equipment will be sold on local and international markets using online and offline methods. These equipment upgrades will be planned to be cash positive (i.e., no downtime) and will be done in bulk.

The reason for the upgrades will be to maintain a ‘constantly increasing’ profitability even though difficulty levels are constantly increasing.

The Moonlite Project Milestones

Moonlite will provide the following assurances to investors regarding project delivery :

• The appointment and commissioning of an independent and well respected auditor to audit and regularly report on the progress of the project milestones
• The circulation of the formal supplier commitment with respect to the volumes and delivery dates of our equipment
• Weekly progress updates via all of our social media channels and email newsletter

Token Buyback Information

Moonlite will allocate 35% of its annual profit to buy back MNL tokens at premium rates. We see this approach fundamentally different from most of the previous ICOs that managed to raise funds for product development but failed to provide an important return investor.

We will use the following methodology to calculate the tokens buy price :

{[(35/100) x Annual Company Profit] x [number of tokens owned / total tokens]} + Current Token Price

Simply, Moonlite will distribute to token holders who want to sell tokens on repurchases, their share equivalent to 35% of net income after Interest, Tax, Depreciation & Amortization in addition to the current market price for their tokens.

The first buy is only offered to presale contributors only, and will be offered in closed purchase offerings. If there are remaining distributions available after the Top Contributors return, they will be open to all other token holders via purchase orders on the public exchange. After that, we will offer buyback transactions using the same formula to all token holders every 6 months after the financial statements and audit results have been prepared, by ordering orders on the public market.

All token holders will receive a notice of offer amount within 2 weeks after the release of semi-annual financial statements, and will receive weekly reminders within 4 weeks until opening token buy back session.

Effectively, Moonlite will place a buy order on the general market 6 weeks after the release of financial results. The coin holders will receive their buyback in the form of BTC or ETH.

Value Offering To Investors :

• Repurchase of tokens at a premium, creating immediate liquid returns
• Tokens that are repurchased are “burned” and removed from circulation. This will increase the value of existing tokens still in circulation
• Tokens are freely transferrable on a public exchange
• Monthly operational and financial updates
• Formal signed financial statements produced and distributed to token holders half-yearly
• Annual financial audit and audit of the smart contracts. Results to be circulated
• Voting over certain operational aspects
• Direct access to senior management
• Perfect operational and financial transparency
• Team tokens are in lockup for 180 days, providing security and commitment to investors

ICO TO IPO

Moonlite reserves the right to ‘go public’ by way of offering shares in a traditional IPO. At that time, MNL tokens will be redeemable for stocks.

Token Distribution

Token Information :

Token Name : MoonLite

Token Symbol : MNL

Token Standard : ETH ERC20

Token Price :

0.002 ETH = 1 MNL

1 ETH = 500 MNL

Token Target : Max 0f 70.000.000 MNL

Token Supply : 100,000,000 MNLT in total. Tokens left undistributed after the token swap will be immediately burnt (destroyed), thus reducing the post-token swap token supply and thereby increasing each token holder’s share of the total supply of MNL proportionally.

Token Distribution :

3% Bounty

5% Team

5% Developers and Advisers

17% Pre-Sale

70% of the issued Tokens to be sold during the actual Token Swap Campaign.

Bonus : 50% bonus in the first 12 hours

Lockup Period : 180 days for Team

ICO Launch :

Start Date : 28/02/2018

End Date : 15/03/2018

Exchange : Ether Delta