About Eminer - Fifth Project of OK Jumpstart

 Digital Assets    |      2019-07-29

About

Eminer aims at transforming “hash rate into a more efficient and circulating digital pass, thus redefining the value of the mining industry, and creating a blockchain hash rate financial service platform integrating hash rate services, financial services, investment services and information services.

 

Overview

Eminer hash rate service platform has been operated for more than half a year. With a large hash rate (320O), based on the hash rate of tens of thousands of mining machines, and combining ecological partners which might join Eminer platform in the future, Eminer has provided convenient mining services for users. Currently, Eminer supports the third-party mining field to provide hash rate services for users via competing for EM nodes, and gain EM at nodes or BTC and EM dual rewards.

Combining Trustworthy Delegated Proof of Stake (TDPoS), EMchain can achieve high concurrency under the prerequisite of data security and reliability to satisfy needs of financial service (DeFi, Decentralized Finance) on the chain. In this way, EM serves as a payment tool of Eminer financial service fees.

  • Project name: Eminer
  • Ticker: EM
  • Protocol: ERC-20
  • Issued date: 2019
  • Total Supply: 2,100,000,000 EM Tokens
  • Official Website:http://eminer.pro
  • Telegram:https://t.me/eminerfans
  • Private Sale Price: 1 EM Token= $0.03

 

Distribution & Lock-up Period:

9.5% of team incentives

To pay back the contributions made by the founding team in the exploration and development in projects in the past and maintain the technology and operation development of the project, EM is issued as returns. This part of the Token will be equally divided and released according to 24 months.

16.8% Early investors

Early investors have made outstanding contributions to the project development process in terms of financial support, resources, strategic planning, and talent support. So far, this project has built a complete team, and has actively cooperated with multiple mining machine manufacturers and pools. 50% will be directly released, and the remaining 50% will be released proportionally by 12 months.

3.2% Token exchange

During the project development process, the early community members and the early Eminer users have made remarkable contributions to market promotion and project operation of Eminer. Eminer has launched Token exchange activities to further expand the community in the early stage and the global influence, thus boosting the development of Eminer project.

28.5% Hash rate funds

This part of tokens will be released by 50% of the total remaining tokens annually, and distributed to every hash rate node according to the contribution of the hash rate provided by the hash rate node to the total hash rate and the time when the node is switched into the platform. After weighing of these two dimensions, the tokens will be distributed and released proportionally in 12 months. The first release is the end of node competition or around January 2020.

18% Mining foundation

This part of tokens will be released by 50% of the total remaining tokens. There is one attenuation every four years, and the annual released quantity is around one quarter of the total released in four years. The quantity of tokens distributed to every platform mining user is calculated by the percentage of the hash rate used by the user’s mining in the hash rate of all miners and the users mining time on the platform. After weighing of these two dimensions, the tokens will be distributed.

24% Ecosystem development

This part of tokens will be used to support the ecological development of the whole project, and the tokens are released according to 50% of the total remaining tokens annually.

 

Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

 




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