As we have seen that there has been a rapid growth in the cryptocurrency market in the year 2017 and there was unexpected all time high with market capitalization of approx. USD 570 billion with approx. 1,370 different cryptocurrencies. Aeternumcoins is made to focus on the necessity and opportunities of cryptocurrency mining and cryptocurrency market. The funds received from the Aeternumcoins ICO will be devoted in the purchase of state of the art mining rigs so that it can provide mining capacities operated by an affiliate and provided to the aeternum fund. Resulting from mining proceeds will be divided and invested as given: amount received from ICO proceeds will be delivered to the aeternum fund for further investment and exchange in cryptocurrencies. And the second part of the proceeds will be usage by the Mining Tec for further investment in and upgrading hardware and software for mining. https://www.aeternumcoin.com/
User can buy AET token with minimum of one Ethereum and token will be credited to their wallet following the ICO and the proceeds received from the ICO will be converted into EUR / USR so that mining rigs can be operated and purchased subsequently. Those who has brought AET tokens would be able to either invest or trade his AET tokens on any exchange in return to cash or any other cryptocurrencies.
The establishment and incorporation will takes place in the Cyman Island and its asset manager will be Lund Asset Management, Switzerland. MINING TEC has made available the abilities and resources of mining farms in Austria, they have collected a large experience in the field of establishing and operating mining rigs in hydro power plants which are located throughout the Austria. There are total 12,000 mining rigs can be installed in total, they have commenced in identifying further locations for hydro power plants in both Switzerland and the Slovak Republic.
ICO:
There will be 250 million total AET tokens will be issued and out of which 100 million will be offered for sale. Its founders, advisors, and employees will have 50 million token distributed among them. 100 million AET tokens will be created and retained by the MINING TEC.
If you want know more details about this project then you can visit the following links:
Website: https://www.aeternumcoin.com/
Whitepaper: https://www.aeternumcoin.com/aeternum_whitepaper.pdf
Telegram: https://t.me/aeternumcoin
ANN Thread: https://bitcointalk.org/index.php?topic=3078593
My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1993237