EXECUTIVE SUMMARY
Today, the world is fascinated by the words 'bitcoin', 'blockchain' and 'cryptocurrency'. Well, the core feature of the blockchain technology is 'decentralization', which is essential in building a transparent system. However, there are certain drawbacks in maintaining such decentralized ecosystem. The foremost being that it requires miners to be rewarded with tokens for mining blocks, which involves very energy intensive mining process of cryptocurrencies and blockchain based commercial applications. Also, in the Swiss Alps, due to enforcement of spatial planning law, thousands of unoccupied structures are dismantled as the law forbids their usage for residential purpose.
The Swiss Alps Mining project aims to connect these two drawbacks by providing environmentally friendly mining facilities in these unoccupied buildings in the Swiss Alps, powered only by renewable energy.
The company leading the Swiss Alps Mining project is registered as "Swiss Alps Energy AG (SAE)" in 'Bösch 73, 6331 Hünenberg, Canton of Zug, Switzerland'.
Swiss Alps Mining Project
The Swiss Alps Mining project will deploy Organic Rankine Cycle (ORC) system, where the consumption of energy will be reduced by up to 50% compared to similar mining installations.
SAE Concept - The company (SAE) strives to use its experience and competency in the field of blockchain and hyper-ledger technology to meet the following objectives: -
A. Promote blockchain technology and provide customers and 3rd parties the decentralized infrastructure for developing their own blockchain-based projects
B. Address environmental issues facing the crypto mining operations worldwide
C. Support the Swiss Alpine’ local economy by facilitating digital transformation
D. Be a net electricity supplier by deploying the distributed ledger technology
SAE Cubes - A sophisticated modular cube system which allows the company (SAE) to build and maintain prefabricated dust-protected mining components on-site.
SAE Energy - The company (SAE) will use only renewable energy for this project. The company plans to build crypto mining farms in the Swiss Alps in 2018.
SAE BUSINESS MODEL
The company’s (SAE) business model will include three steps: -
Step 1 - The company has installed several mining facilities in the Swiss Alps providing guaranteed financial cash flows.
Step 2 - The company will either build hydroelectric power plants or acquire such plants through investment holdings. The primary cost of generating one unit (kWh) of hydropower comes to around CHF 0.026 (2.6 cents) which provides a competitive advantage globally.
Step 3 - The company will develop a decentralized blockchain ecosystem supported by the SAM mining infrastructure.
The primary source of company’s income will be leasing the infrastructure for mining and server facilities. The company (SAE) will charge a fixed fee for 2-year period along with service fee (to cover the electricity and operation costs) of 10% of the mining revenues.
SAE TOKENS
The SAM Tokens will be the utility tokens used on the Swiss Alps Mining ecosystem. SAM Tokens will be used to purchase power and cubes.
The SAM ecosystem will be hosted on the Ethereum Blockchain Network and the SAM Tokens will be ERC-20 compatible tokens. A total of 239,682,538 tokens will be issued on the ETH blockchain network using smart contracts.
The target of the ICO is to raise $100 Million or more with the following breakup targets for 'Token Private Sale' and 'Token Main Sale': -
Token Private Sale - 14,583,333 SAM Tokens [Target $5 Million]
Token Main Sale - 165,178,571 SAM Tokens [Target $95 Million]
SWOT ANALYSIS
MEDIA COVERAGE
The Swiss Alps Mining project has received a lot of accolades from some of the reputed names in the business and cryptocurrency media. Please refer below for the articles published in reputed media links: -
CNN Money - https://www.cnnmoney.ch/shows/big-picture/videos/swiss-renewables-cryptocurrency-mining-gian-carlo-collenberg-swiss
Crypto Core Media - https://cryptocoremedia.com/swiss-alps-energy-bitcoin-mining/
Agefi - http://www.agefi.com/nc/quotidien-agefi/suisse/detail/edition/2018-05-09/article/cryptomonnaies-la-societe-allie-protection-du-patrimoine-et-ecologie-pour-decentraliser-les-reseaux-blockchain-475407.html
Cash.ch - https://www.cash.ch/news/top-news/initial-coin-offerings-was-kuenftig-zu-einem-erfolgreichen-ico-gehoert-1173680
For more details on the media coverage, please refer the website (weblink referred below) of the Swiss Alps Mining project.
TEAM
The core team of the Swiss Alps Mining project has diversified experience in the fields of cryptocurrency mining, blockchain technology, hyperledger technology. It includes developers, specialists, civil and infrastructure engineers and energy experts. The team has successfully developed and launched many applications, solutions and products based on the blockchain technology.
The founders of the projects are: -
- Gian-Carlo Collenberg - Founder and CEO
- Ramon Simon - Founder and CEO
- Mike Rava - Founder and CMO
- Raja Yogarajah - Founder and CTO
- Gnana Yogarajah - Founder and CTO
For more information on the Swiss Alps Mining project' Team, kindly refer the following link
https://swissalpsmining.io/en/team
CONCLUSION
Thus, the Swiss Alps Mining (SAM) is a revolutionary project with an objective to solve the problems facing the crypto mining industry, by offering crypto mining using only renewable energy and energy efficient solutions (around 50% energy efficient than existing solutions). Thus, the SAM project aims to make crypto mining more environmentally friendly.
For more information on the Swiss Alps Mining project, please refer the following links: -
*Website - https://swissalpsmining.io
*Whitepaper - https://swissalpsmining.io/pdf/whitepaper.pdf
*BitcoinTalk ANN Thread - https://bitcointalk.org/index.php?topic=3799103.0
*Join at Telegram - https://t.me/swissalpsminingICO
*Follow on Twitter - https://twitter.com/swissalpsmining
*Join on Facebook - https://www.facebook.com/swissalpsmining/
*Follow on Reddit - https://twitter.com/swissalpsmining
*Follow on Instagram - https://www.instagram.com/swissalpsmining/
*Subscribe on YouTube - https://www.youtube.com/channel/UCG0TZgQ_J3TEFCFs64YnpLg
*Follow on Medium - https://medium.com/@swissalpsenergy
ICO Links:-
- [ICO Link] https://swissalpsmining.io/en/ico#SAM-ICO
- [Track ICO] https://www.trackico.io/ico/swiss-alps-mining/
- [ICO Bench] https://icobench.com/ico/swiss-alps-mining
- https://icoholder.com/en/swiss-alps-energy-ag-swiss-alps-mining-21672
- https://icomarks.com/ico/swiss-alps-mining
Published by 'Sameer S'
Telegram ID - @Sameer_R
BTalk Profile URL: - https://bitcointalk.org/index.php?action=profile;u=1978491
Disclaimer: - Kindly conduct your due diligence before making your decision on this project from the investment and legal perspective.
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