Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: Rottip on December 24, 2017, 10:18:18 AM
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GMT-Revolutionized Mining system.
GMT Token is an Ethereum based token representing the right to purchase and trade Cryptocurrency Mining Capacity, or Processing Power (“Hash Rate”) at a discount on the Global Mining Platform website provided by OR Realbit.
GMTs will provide cumulative and increasing discounts when purchasing different Hash Rates for multiple cryptocurrencies.Tokens will provide discounts on purchases of Hash Rates of choice(i.e. BTC/BCH/LTC/etc.
GMT Tokens provide a discount in the purchase of Hash Rate Tokens
Upon the purchase of a Hash Rate Token, you start mining to the wallet of your choice
Your GMT tokens will be frozen until you sell the Hash Rate Tokens
You may use your GMTs and discounts as many times as you want!
DEFINITIONS NATURE AVAILABLE DATE
BTCgh Bitcoin Hash Hate Token 1Gh/s Feb 1 2018
BCHgh Bitcoin Cash Hash Hate Token 1Gh/s Feb 1 2018
LTCmh Lite Hash Hate Token 1Gh/s May 1 2018
Ethmh Ethereum Hash Hate Token 1Gh/s Jun 1 2018
DASHmh Dash Hash Hate Token 1Gh/s Jun 1 2018
Actual Real Life Example:
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With GMT Token Discounts, your profitability can go up significantly.
The more you buy, the more profit you will have when you apply your discounts to you purchase of Hash Rate!
GMT Tokens USD Discount Discount/GHs BTCgH Price 30 Day ROI USD Capacity
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GMT BACKGROUND.
The GMT Project came into existence from a joint venture partnership between the people behind OR Blockchain Investments, which offers managed investment structures and vehicles for the world to invest in cryptocurrency markets and instruments, and RealBit Mining, official Bitmain distributor and premier datacenter manager and provider of hash rate, who joined forces to create OR-RealBit.
Blockchain Investments
The World’s First Bitcoin Mining Fund with over 170 investors
Realbit
Official Bitmain Distributor, expert datacenter manager an efficiency specialists mining BTC since 2012
RISK FACTORS
Token purchases involve high risk levels, including but not limited to the risks
described below Before obtaining a GMT token or a Hash Level Token at GMP, it is Each participant should carefully consider all the information and risks
in this White Paper, and, in particular, are the following risk factors.
A. Dependence on computer infrastructure
OR RealBit dependence on software applications that work, computer hardware and The Internet implies that OR RealBit can not guarantee that a system failure will not occur proportional to use of participant’s GMT token token. Despite OR RealBit’s the implementation of all reasonable network security measures, the server processing center vulnerable to computer viruses, physical or electronic disturbances or other interference similar properties. Computer viruses, break-ins or other disturbances caused by third parties may cause interruption, delay or discontinuance of services, which will limit usage GMT Token
B. Limitations of intelligent contracts
Smart contract technology is still in its early stages of development, and its application This experimental nature can bring operational, technological, regulatory, reputation and risk risks. As a result, even though the audit is done by Independent third parties improve the level of security, reliability, and accuracy, this audit may not function as a warranty of any kind, including any express or implied warranties of any kind GMT Smart Contract is for the purpose or contains no? Aws, vulnerabilities or issues which may cause technical issues or a total loss of the GMT token.
C. Risk of regulation
Blockchain technologies, including but not limited to token issues, may be new concepts in some jurisdictions, which can then apply existing laws or introduce new ones regulations on Blockchain-based technology applications, and those regulations may be in accordance with current GMT smart contract setting and token GMT concept. This is possible resulting in the need to make substantial modifications to smart GMT contracts, including but not limited to termination, loss of GMT tokens, and suspension or termination of all GMT token functions.
D. Taxes
GMT token holders may be required to pay taxes associated with the transaction contemplated here, whether in the United States or in their home country. This will be a the sole responsibility of GMT token holders to comply with US tax laws and other jurisdictions applicable to them and pay all relevant taxes.
E. Force Majeure
OR RealBit Performance may be interrupted, suspended or delayed due to force majeure circumstances. For the purposes of this White Paper, force majeure meansevents and circumstances that can not be prevented by OR RealBit and include: natural acts, wars, armed conflicts, mass civil disturbances, industrial acts, epidemics, lockouts, slowdowns, prolonged deficiencies or other energy supply failures or communications services, acts of municipal, state or federal, other government agencies circumstances outside OR control of RealBit, which does not exist at the moment White paper release If such a situation occurs before the token GMT and OR issues RealBit can not issue GMT tokens within a month of the projected date may request a refund upon request of GMT token buyer. Refund will be issued in the original amount and form of payment to the same digital wallet or bank account where the funds are transferred from
F. Disclosure of information
Personal information received from GMT token holders, information about the number owned token, used wallet address, and other relevant information disclosed to law enforcement, government officials, and other third parties at OR RealBit is required to disclose such information through statute, court order, or court order. OR RealBit completely not responsible for the disclosure of such information.
G. Bitcoin Prices
OR RealBit service to companies and individuals engaged in mining
cryptocurrencies, especially Bitcoin. Such operations depend heavily on Bitcoin prices on local exchanges. Sharp and protracted price reductions can affect customer’s ability OR Reality to fulfill their contractual obligations to pay rental fees token holder whose token they lease.
H. Rapid technological changes may be detrimental to the mining business
Cryptocurrency mining is a very dynamic and fast business. To stay competitive, OR RealBit will use the best tools to follow and immediately introduce the latest technology on amenities. However, ORBit failures persist despite the efforts poses an impairment risk for GMT / Hash Rate token holders. Likewise, tokens holders are advised to monitor the performance of their own mining equipment and update it as needed. As an alternative, because the performance of their equipment is weakening over time, they have to do it consider hiring their token to other miners to avoid decreasing the return on mining.
I. Fluctuations in mining revenues
Cryptocurrencies mining is a risky business and many factors must be carefully considered before commencement. BTC price fluctuations, price increases for mining equipment and electricity, growth of the interest rate of mining, decrease of block rewards, and many other factors may generate profits from mining and result in losses.
J. Changes in electricity tariffs
Electricity rates are not guaranteed and may change from time to time. Any changes Electricity tariff will cause a direct change in the value of the current and current GMT tokens mining operation costs.
L. Changes in maintenance costs
The maintenance costs listed in this document are based on current and labor costs hours required to run the company’s operations and maintain the projected amount facilities and equipment. Over time, maintenance costs can change for a wide range reasons, including but not limited to the ultimate minimum wage increase by the relevant government operations held in. Any change in maintenance costs will lead to immediate change the value of the GMT token and the hosting fee you are currently living equipment.
Q. Value of GMT Token
Once purchased, the Token GMT score may be significant? Problematic because it varies reason. OR RealBit does not guarantee the specific value of any GMT Token certain period. OR RealBit is not responsible for the change of value of the GMT Token Assumptions in connection with the foregoing, inter alia, assessment of future economic conditions, competition and future markets and business decisions, which are largely beyond the control of the OR RealBit project team and It is therefore difficult or inappropriate to predict accurately. Although the OR RealBit team believes that the assumptions underlying his forward-looking statements make sense, one of these may prove inaccurate. As a result, the OR RealBit team can not? assurance that the forward-looking statements contained in this White Paper will be proven
accurate Given the significant uncertainty inherent in foresight
The statements contained herein, the inclusion of such information shall not be construed as warranty from ORBit or other entity whose purpose and plan from OR the RealBit project will be successful. Please note that the OR RealBit project may be subject to other risks not currently foreseen by its management.
TOKEN SUPPLY
200,000,000 GMT
Global Mining Platform will be available February 1st, 2018
Discount Tokens will be issued 2 months after each batch
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TOKEN SALE DETAILS
Sale Date Issue date Cap
Pre-Sale Nov 1 — Dec 1 1 Feb 2018 20 Million
Batch 1 Dec 1 — Jan 1 1 Mar 2018 60 Million
Batch 2 Jan 1 — Feb 1 1 Apr 2018 60 Million
Batch 3 Feb 1 — Mar 1 1 May 2018 60 Million
ROADMAP
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August 2017
Start of the OR RealBit project development
September 15, 2017
GMT Project launch
October 15, 2017
Public GMT presale start
December 1st, 2017 — March 1st, 2018
General sale of GMT tokens
February 1st, 2018
Issuance and distribution of first GMT tokens to buyers in PRE-Sale BTC and BCH hash rates operational
May 1st, 2018
Issuance and distribution of all remaining tokens
June 1st, 2018
LTC hash rate operational
July 1st, 2018
ETH and Dash hash rates operational
GMT OFFICIALLY LINKS
https://globalminingtoken.com/docs/GMT_White_Paper.pdf
https://globalminingtoken.com/
https://twitter.com/ProjectGmt
https://www.facebook.com/GlobalMiningToken/
written by: idrix1
Btct link: https://bitcointalk.org/index.php?action=profile;u=1328628