Hello everyone in this article I will present an interesting ICO analysis, called SwissAlps, based on the following criteria:
What is the Swiss Alps Energy ?
Swiss Alps Energy AG is the first company with a revolutinary solution to save up to 50% of its electricity costs by using mining cubes powered exclusively by renewable energy and ORC recovery of waste heat from the mining equipment. This represents a solution for a global problem facing the industry. The much lower boiling point of water at high altitudes where the cubes are positioned makes energy recovery considerably more efficient. This makes mining significantly more profitable, protects Swiss cultural heritage, and saves energy.
Swiss Alps Energy AG (SAE) is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for long-term stationary use. Thereby, SAE preserves unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment. Swiss Alps Energy AG is Swiss Alps Mining & Energy’s operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts.The team has successfully developed and launched several products, solutions and applications based on the blockchain technology. The company is currently going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO). a. Story The blockchain community worldwide faces strong headwinds due to the very energy-intensive mining process of crypto currencies and blockchain-based business applications. At the same time, in the Swiss alps, thousands of unused structures are disintegrating due to the fact that today’s spatial planning law does not allow for residential use of these buildings. Swiss Alps Mining & Energy connects these two worlds by offering environmentally friendly mining facilities in unused buildings in the Swiss alps, powered by renewable energy only. b. Company Swiss Alps Energy AG (SAE) is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for long-term stationary use. Thereby, SAE preserves unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.
Swiss Alps Energy AG is Swiss Alps Mining & Energy’s operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts.The team has successfully developed and launched several products, solutions and applications based on the blockchain technology. The company is currently going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).
Token supply
A total of 119`841`26913 Sam tokens (100%) will be issued on the Ethereum blockchain using a smart contract. Sam will comply with the ERC20 standard and will be freely transferable on the Ethereum platform. These tokens will be the only Sam ever issued.
Of this total:
- 14’583’333 Sam (12.17%) are allready sold in the token pre-sale. SAE has raised $5`000`000 in this initial funding round. Subsequent token sales will be made at significantly higher prices. -SOLD OUT-
- 75`296`269 Sam (62.83%) will be reserved for the main token sale and for future token sales and activities (see below).
- 11`984`127 Sam (10%) will be reserved for the founding team and partners, of which 70% will not be tradeable for one year.
- 9`587`302 Sam (8%) will be reserved for early angel token owners and advisors, of which 60% will not be tradeable for 3 years.
- 2`396`825 Sam (2%) was used for the first boutny campaign.
- 5`992`063 Sam (5%) will be reserved for future contributors (see below).
- (2.4 Mio of this 5% will be used for a second bounty Campaign)
Allocation of funding
The founders of SAE are responsible for the efficient and diligent use of all funds, thereby adhering to highest corporate governance principles.
Major expenses include:
- SAE cubes infrastructure
- SAE centers infrastructure
- Investments in hydropower plants
- Salaries for the SAE development team
- Salaries for staff for production and
- Maintenance of cubes
- Development outsourcing expenditure
- Cost of servers, office, tools, and software
- Marketing and promotion expenditure
- Fees for advisors related to the project
In the first phase of the project, the majority of SAE’s costs will be related to the set-up of the infrastructure and investments in small hydropower plants. Additionally, funds will be required to expand SAE’s userbase through marketing, promotion and business relationships, as well as for providing a legal contingency fund.
ROADMAP
After the initial development of SAE’s infrastructure and business activities in Switzerland, the expansion into foreign countries, especially in the area of renewable energies, is conceivable and desirable. The ability to pay by using crypto currencies and the settlement process via smart contracts is another novelty that can further help SAE to become the industry leader in the field of blockchain-based business models.
To find out more. You can connect more with SwissAlps at the link below:
WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
Author of article:
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| ETHEREUM WALLET | 0x20972209f08119939816158a1417b6E9c11Cd010 | |
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