For the sake of those who have not fully caught up with the technical know-how, ventures such as FiveStar Mining Network do present a less sophisticated means to understanding cryptocurrency mining. Here's how investing in their token could gain you a share of apparent physical mined cryptocurrency tied to hardware components.
FiveStar Mining is a blockchain-based venture that seeks to allow its users to get a share of the revenues made from cryptocurrency mining operations. With their crypto token, FiveStar Mining Network will receive the backing of other cryptocurrencies mined by the platform's hardware.
The mined coins go into a profit-sharing mechanism with the investors while part of them also go into being sold to facilitate buying back of the token from holders.
Watch this video
WhitePaper : https://fivestarminingnetwork.com/wp-content/uploads/FSMN.pdf
With revenues made from cryptocurrency mining rising from after each year FiveStar Mining Network is looking to focus on becoming part of their big market. Their ERC20 token (FSMN coin) will have the backing of minder crypto coins such as Bitcoin and ethereum.
FSMN Token ICO Details
Private Pre-Sale
August 2018
1 ETH = up to 900 000 FSMN
1 BTC = up to 1 125 000 FSMN
Up to 50% bonus FSMN on a private sale.
Pre-Sale September 2018
1 ETH = up to 780 000 FSMN
1 BTC = up to 975 000 FSMN
30% bonus
2 000 000 000 FSMN.
All unsold tokens will be burned.
Crowdsale November 2018
1 ETH = up to 660 000 FSMN
1 BTC = up to 820 000 FSMN
Up to 10% bonus
Total coins at crowd sale 4 000 000 000 FSMN. All unsold tokens will be burned.
Token Structure
Community distribution- 70%
Reserved funding- 15%
Founders and Team- 9%
Advisors- 3%
Bounty campaign- 3%
Budget Allocation
Product development- 57%
Marketing, sales, merchant acquisition and partnerships- 19%
Operations- 9%
Legal- 6%
Management- 9%
It's very interesting project. Join this project to growth your capital. Bitcoin is ready to new ATh again. Let's make a multiple profit with participate in FSMN tokensale.
Official site
https://fivestarminingnetwork.com/
https://twitter.com/FiveMining
https://www.facebook.com/Fivestarminingnetwork
https://t.me/fivestarminingnetwork
https://www.reddit.com/user/FiveStarMining
Bitcointalk thread : https://bitcointalk.org/index.php?topic=4300340.0
Author : https://bitcointalk.org/index.php?action=profile;u=2189354