GMT - The Global Mining Token



GMT - The Global Mining Token Project pursuits to provide and preserve continuous liquidity and market for tradable, worthwhile cryptocurrency mining processing electricity.

he motive of this White Paper is to give the OR RealBit and GMT token to ability token holders in connection with the proposed ICO. The information set forth below won't be exhaustive and does not mean any factors of a contractual relationship. Its sole cause is to offer relevant and reasonable records to ability token holders so as for them to decide whether to undertake a radical evaluation of the enterprise with the intent of obtaining GMT Tokens.

Nothing in this White Paper shall be deemed to represent a prospectus of any kind or a solicitation for funding, nor does it in any way pertain to an providing or a solicitation of an offer to shop for any securities in any jurisdiction.

This document isn't always composed according with, and is not challenge to, legal guidelinesor  policies of any jurisdiction, which might be designed to protect traders. The product token isn't a digital currency, safety, commodity, or some other type of financial tool and has no longer been registered underneath the Securities Act, the securities laws of any nation of the United States or the securities legal guidelines of any other united states, together with the securities legal guidelines of any jurisdiction in which a capability token holder is a resident.

GMT token cannot be used for any purposes other than as provided in this White Paper, including however no longer restrained to, any funding, speculative or different monetary functions.

GMT Token confers no different rights in any form, which include but no longer confined to any possession, distribution (such as, however now not constrained to, income), redemption, liquidation, belongings (together with all forms of intellectual belongings), or different financial or criminal rights, aside from the ones particularly set forth underneath. Certain statements, estimates and monetary information contained herein constitute ahead-searching statements or facts. Such ahead-searching statements or statistics entails acknowledged and unknown dangers and uncertainties, which may purpose real events or results to vary materially from the estimates or the effects implied or expressed in such forward-looking statements. This English language White Paper is the primary legitimate supply of facts approximately the GMT token. The records contained herein might also sometimes be translated into other languages or used in the direction of written or verbal communications with present and potential customers, partners and so on. In the path of such translation or verbal exchange a number of the records contained herein can be misplaced, corrupted, or misrepresented. The accuracy of such opportunity communications cannot be guaranteed. In the occasion of any conflicts or inconsistencies between such translations and communications and this
legitimate English language White Paper, the provisions of this English language original document shall succeed.


TOKEN LAUNCH SUMMARY


Global Mining Platform (“GMP”): OR Realbit´s market/website for hash price purchasing and buying and selling. At first it'll characteristic BTC/BCH Hash Rates, then we will enforce LTC, ETH and others consistent with famous demand. Hash Rates will be tradable and convertible to each other.

Token Launch way the preliminary sale to the general public of GMT tokens.

Token Issue way a launch of a specific batch of GMT tokens.

ICO Date: Tokens can be provided on pre-sale for 30 days starting on November 1st, 2017. ICO date might be December 1st, 2017 and subsequent batch income will take location every month till April 2018. There might be 3 batches after the pre-sale lasting one month each, finishing March 31st, 2018.

The offering might be open to the general public globally.

  • Token Pre-Sale Volume: 20 million GMT (1mm USD)
  • Pre-sale Start Date: November 1st, 2017 12 00 PM PDT
  • Pre-sale End Date: November 30th, 2017 12 00 PM PDT
  • ICO Start Date: December 1st, 2017 12 00 PM PDT


CRYPTOCURRENCY MINING MARKET OVERVIEW

Purchasing gadget is probably the most important barrier to access into Bitcoin Mining. One wishes a extensive investment in conjunction with strongest connections to equipment manufacturers. Once these conditions are met, it might cost millions to construct a top tier datacenter and requires specialists working 24/7 to preserve a worthwhile operation.


In early 2016 OR Blockchain Investments became based to offer a formal funding automobile for bitcoin mining investments. Investors could buy shares of its company, and hash fee might be allotted to them, in which they would receive month-to-month dividends in bitcoin denominations. As a personal equity mission, OR Mining Fund has yielded a go back of over three hundred% in best 15 months. As a result, Raymond nowadays is a regarded speaker and presenter in the bitcoin world, commonly in Brazil and South America. However, setting up a personal fairness venture fund became no longer sufficient as sales were accomplished head to head and that took a long time – from explaining what bitcoin mining become to the contracts and investment system, one investor at a time. A new device needed to be created – one that might attain extra people and show them that investing in bitcoin mining changed into indeed worthwhile if carried out proper.





How GMT Works

GMT Token is an Ethereum primarily based token representing the right to buy and exchange Cryptocurrency Mining Capacity, or Processing Power (“Hash Rate”) at a discount on the Global Mining Platform website supplied by way of OR Realbit. GMTs will provide cumulative and growing reductions when shopping exclusive Hash Rates for more than one cryptocurrencies.Tokens will offer reductions on purchases of Hash Rates of desire(i.E. BTC/BCH/LTC/and so forth).


How GMT´s Cumulative Discounts Works


GMT Tokens provide a discount in the acquisition of Hash Rate Tokens. Upon the purchase of a Hash Rate Token, you start mining to the pockets of your desire. Your GMT tokens may be frozen until you sell the Hash Rate Tokens. You can also use your GMTs and reductions as regularly as you need!

[ANN] Global Mining Token - FIRST EVER FULL FLEDGED HASH RATE MARKETPLACE
November 23, 2017, 06:forty eight:32 AM
Reply with quote  #1


The Global Mining Token Project pursuits to offer and keep continuous liquidity and marketplace for tradable, worthwhile cryptocurrency mining processing strength ICO Website based totally token representing the proper to buy and alternate Cryptocurrency Mining Capacity, or Processing Power (“Hash Rate”) at a discount on the Global Mining Platform internet site provided by OR Realbit. GMTs will offer cumulative and increasing reductions when shopping distinctive Hash Rates for more than one cryptocurrencies.Tokens will provide reductions on purchases of Hash Rates of choice(i.E. BTC/BCH/LTC/and so on).


How GMT´s Cumulative Discounts Works


GMT Tokens offer a discount in the purchase of Hash Rate Tokens. Upon the acquisition of a Hash Rate Token, you begin mining to the wallet of your preference. Your GMT tokens could be frozen till you promote the Hash Rate Tokens. You may use your GMTs and reductions as normally as you want!


Actual Real Life Example


  • Date: 10/15/2017
  • BTC Price: 5700 USD
  • Difficulty: 1,196,792,694,099
  • Hash Rate: 1 Terahash/s (one thousand BTCgH Tokens)
  • Revenue At Current Difficulty:   36.48 USD⁴ / Month
  • Effective Electricity Cost: 6.5 USD / Month
  • Logistics and Maintenance: 1.0 USD / Month
  • Gross Profit: 28.98 USD / Month
  • Rent Fee: 4.35 USD / Month
  • TOTAL MONTHLY PROFIT   24.Sixty three USD = four.Ninety two% ROI⁵


With GMT Token Discounts, your profitability can cross up extensively.

The extra you purchase, the extra profit you'll have when you follow your reductions to you purchase of Hash Rate!

Token Sale Details

Token Supply 2 hundred,000,000 GMT


Global Mining Platform might be available February 1st, 2018. Discount Tokens may be issued 2 months after every batch.


Roadmap


  • August 2017 - Start of the OR RealBit challenge development
  • September 15, 2017 - GMT Project release
  • 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 prices operational
  • May 1st, 2018 - Issuance and distribution of all ultimate tokens
  • June 1st, 2018 - LTC hash charge operational
  • July 1st, 2018 - ETH and Dash hash fees operational

GLOBAL MINING TOKEN 


For a complete academic video please refer to our website http://globalminingtoken.Com/howitworks

The GMT Token provides cumulative discounts on hash fee tokens on the Global Mining Platform. The more GMT holders purchase the bigger the bargain.


Hash Rate per Second Measures

  • Gigahash = (1000*10^9) or 1 Billion hashes in step with 2d
  • Terahash = (10^12 hashes) or 1 Trillion hashes in keeping with 2d
  • Petahash = (10^15 hashes) or 1 Quadrillion hashes consistent with 2d
  • Exahash = (10^18 hashes) or 1 Quintillion hashes consistent with second
  • Each GMT token represents the proper to purchase Hash Rate Tokens at a bargain.


Example: Token Price zero.05 Dollars



Each Hash Rate Token (BTCgh) represents 1 gH/s worth of hash charge minus electricity and logistics fee and rent charge.

Hash Rate Revenue: The revenue made out of mining your currency of desire Effective Energy Cost: The power fee paid out to mine your currency of choice2 Logistics and Maintenance Cost: The fee keeping the software, peripherals


and machines, consisting of operational costs inclusive of salaries, lease and maintenance.
Rent Fee: OR RealBit´s price for handling the operation.

BTCgh Hash Rate Token Revenue Model

  • + Hash Rate Revenue
  • – Effective Electricity Cost
  • – Logistics and Maintenance Cost
  • – Rent fee (15% of Net Value)
  • = Payout
  • Actual Real Life Example:
  • Date: 10/15/2017
  • BTC Price: 5700 USD
  • Difficulty: 1,196,792,694,099
  • Hash Rate: 1 Terahash/s (one thousand BTCgH Tokens)


All expenses are automatically deducted daily from hash price sales, or mining rewards. Our data center engineers hold and restore our device every day. Mining sales and dividends can be paid out as long as sales are extra than expenses.

Meet OR Realbit


The GMT Project came into lifestyles from a joint task partnership among the human beings at the back of OR Blockchain Investments, which offers managed funding structures and cars for the sector to put money into cryptocurrency markets and contraptions, and RealBit Mining, reliable Bitmain distributor and top-quality datacenter manager and company of hash fee, who joined forces to create OR-RealBit.


The World’s First Bitcoin Mining Fund with over 170 buyers


Official Bitmain Distributor, expert datacenter supervisor, an efficiency professionals mining BTC when you consider that 2012

HISTORY PROJECT OF GMT 


It all started in 2012 while Bernardo Schucman, a self-taught laptop scientist moved to California to search for new opportunities. After completing an legit degree at Miracosta University, he made a buy inside the net which had the option to checkout the use of bitcoin. Inherently interested in this new asset, he discovered out a brand new manner of earning profits using his place of know-how. He then purchased a dozen machines and established them in his storage, in which he noticed his money
begin to multiply. Bernardo discovered out he changed into a completely professional programmer, while it got here to mining software which brought him to create his personal, more green mining software program. It turned into in 2013 that he teamed up with longtime buddy and associate Denis Mandelbaum to create a huge bitcoin mining operation: RealBit.

RealBit raised over 30 Million USD in capital, bringing unprecedented returns to non-public high internet really worth buyers. 2015 – The year wherein bitcoin had risky pricing and the sector become now not absolutely aware about it, turned into the yr that derivatives trader Raymond Nasser became delivered to Dennis Mandelbaum and Bernardo Schucman – who have been already set up bitcoin miners. After making an investment into their organisation, Raymond noticed the returns have been a great deal better than traditional usual financial marketplace units. Having managed diverse spinoff portfolios for price range and family offices, he had the idea of selling hash charge, and teaching people in his closest circles approximately bitcoin and mining.

How to high-quality promote hash fee thru a obvious platform with truthful pricing and a honest agreement with out a complicated hidden clauses. 2017 – The technology of the ICO begins. Millions of dollars are poured into projects with the promise of short, aggressive income. Some were the real deal, maximum have been now not.

It become at this moment that the OR RealBit group began looking for a method to imbue hash price into smart contracts. The first concept became to establish a clever settlement which would pay token holders day by day dividends. It was nonetheless uncooked and new, but it become some thing. Then brains started to paintings and after confidentially speaking with many key human beings within the marketplace, a miles broader and bigger idea, the GMP/GMT Project became born. Why could we offer one cryptocurrency hash fee whilst we will provide them all, and STILL permit token holders to sell their stake available on the market? It became then clean in team contributors minds what needed to be executed.

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Content writer: 
Bitcointalk name  : dervish doff
Email                    : dervishdoff@gmail.com
Url profile            : https://bitcointalk.org/index.php?action=profile;u=1045561

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