
Matt Ruff
CSO
MinedBlock is the first crypto mining service to announce a Security Token Offering.
MinedBlock offers the opportunity for investors to purchase our ST20 Security Token which is a digital asset backed by a corresponding Preference Share in MinedBlock Holding Limited (the Special Purpose Vehicle) that enables holders to receive a revenue share produced by our mining farms. Collectively, MBTX token holders will own 95% of the Special Purpose Vehicle and the associated costs and revenue so, therefore, will receive the revenue share each month based on the profit generated. Revenue will be shared respectively and equally between all token holders on a ‘payout per token’ model.
Each MBTX token sold will represent 1 Preference Share A in MinedBlock Holding Limited.
Security Token Offering
Security Token sale participants will be required to pass KYC (Know Your Customer) checks via our Website to enable whitelisting within the Smart Contract. To satisfy the requirements of the US Securities and Exchange Commission (SEC); US investors will need to qualify as Accredited Investors.
The cost for KYC and Accreditation checks will be passed to the investors at our cost price, upon successful completion of the required checks you will be credited with the equivalent number of MBTX tokens at a discounted value of $0.075 each. This is to ensure only serious participants go through the process to reduce the unnecessary cost for the Company.
Following a successful pre-sale, we will start the main sale stage, details of which will be available on our website.
Fri, Feb 15th, 2019 12:00 AM (UTC)
Fri, Mar 15th, 2019 12:00 AM (UTC)
Sat, Mar 30th, 2019 12:00 AM (UTC)
Fri, May 31st, 2019 12:00 AM (UTC)
United Kingdom
MBTX
Ethereum/Polymath
ST20
BTC, POLY, ETH, Fiat
365 000 000
1 MBTX = 0.15 USD
1 000 000USD
300 USD
MinedBlock Ltd.
United Kingdom
130 Old Street, London, EC1V 9BD
Yes
Required
Required
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