Hodler Mining ICO (HODLR Token): Crowdfunded Crypto Operation?
The Hodler Mining ICO
Hodler Mining is a revolutionary cryptocurrency mining platform that aims to compete with cloud mining services that are based on monthly and annual contracts. As of now, the company is currently conducting its ICO after the successful completion of its presale event. Since this establishment is located on a substantially large mine, its old-fashioned approach has been overly prosperous. Notably, Hodler mining primarily concerns itself with the minting of altcoins.
Ideally, Hodler mining intends to create a crowdfunded digital currency mining activity to guarantee the profitability and sustainability of the given cryptocurrency. The mining is performed using cutting-edge equipment with state-of-the-art technology such as immersion or submersion cooling technology. The platform’s codebase comprises eight different programming languages and is based on the blockchain 3.0 architecture. During the presale, a total of 2,020 HODLR were sold, with an additional 997,750 HODLR being allocated for the ICO.
Previously, Hodler has conducted successful crowd sales, with the most notable being the Qredit ICO. For this reason, the company has an excellent reputation in the crypto space. Essentially, Qredit is a blockchain project whose primary objective was to facilitate the use of cryptocurrencies as a mean of payment. Moreover, customers could easily exchange tokens using the NFC feature on their mobile devices. In addition, Qredit had a feature known as Qreditcard through which clients would receive funds on the Neblio platform.
Due to its innovativeness and rich history, the Hodler Company has been considerably successful, especially in its ongoing token sale. Also, the HODLR token is profitable and easy to convert, making it a useful asset to investors. Furthermore, Hodler deploys a distinctive compensation model that replaces periodical contracts with snapshots of the blockchain. However, the clients still receive their profits on a monthly basis.
Distinctive Features of Hodler Mining
- The enormous potential of the Neblio Platform and Blockchain 3.0, the most advanced distributed ledger infrastructure.
- The facility is located at Chemelot in the Geleen region of the Netherlands, formerly the largest coal mine in the country.
- The durability and transparency of the digital currency.
- The availability of two ICO phases ensures that the event is all-inclusive.
- Since Hodler relies on its proprietary mining pool, the overall expense are significantly reduced. The saved funds are redistributed among HODLR token holders.
- The Hodler mining pool is reinforced with impenetrable security features that guarantee the safety of investor funds. Also, the system has a mechanism of monitoring all transactions that go through it.
- The infrastructure on which the Hodler platform is built is first-rate. The fast processing speeds ensure maximum output is achieved, while the efficiency of the system translates into low power consumption rates as well as continuous availability of services.
- The project is ran by a team of seasoned professional with vast experience in the industry.
- The governance model will ensure that the company is sustainable and therefore future proof.
Lastly, the HOLDR token is listed on several cryptocurrency trading platforms, a factor that enhances its accessibility to investors.
Parameters of the ICO
- Token name: Hodler Mining
- Ticker: HODLR
- Token supply: 1,000,000 HODLR
- Presale starts: June 1st, 2018
- Presale ends: July 15th, 2018
- ICO starts: July 16th, 2018
- ICO end: undefined (until all designated tokens are sold)
- Hard cap: €150,000,000
According to the company, the ICO might be paused severally to further the development of the physical mining facility. As a result of regulatory restrictions, the ICO will not be accessible in the USA, North Korea, South Korea, Bangladesh, and Syria. The price of the HODLR token is dependent on the hardware costs and other prevailing factors.
Benefits of Hodler Mining
- It is a form of investment – upon subscription, users are entitled to a lifetime’s worth of passive earnings.
- Hodler mining guarantees regular profits because of the heavy investment in advanced technological infrastructure.
- The system is compatible with popular fiat currencies as well as leading cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, Monero, and so on.
- Investors will have access to a lion’s share of the HODLR tokens during the token sale. In comparison, the county will receive a paltry 0.0005%. The tokens will be distributed according to merit, in a transparent and fair manner.
- Similarly, the majority of the profits from the mining activity will be allocated to the investors.
- As opposed to its contemporaries, Hodler mining allows its clients to visit the physical mining facility.
- The company is located in a prime location with access to world-class infrastructure and resources.