Problem:
Blockchain technology is bringing the era of digital currencies, cryptocurrencies are increasing
Bitcoin mining is consuming large amount of worlds energy it requires 24 hours running mining computers. Energy used worldwide for bitcoin mining is alone equals the electricity consumption of Ireland sometimes it increases the risk of market manipulation
Solution:
Swiss alps is proving solution for problems of mining, although it is independent of European union it is not fully utilizing the renewable energy sources
It is aiming to be energy supplier, energy sales platform and neutral network node provider through its SAM Power Plant, SAM Cubes, and SAM Centers.
It is proposed to transform the digital currencies by using climate friendly energy for mining of currencies and independent stabilization of distributed ledger network
SAM Power plants:
It uses the power from hydro power plants, photovoltaic systems and wind power plants to mine the currencies if any excess energy remains it will be reverse feed the energy into public grids
SAM Cubes:
It has high efficient and automated modular mining cubes which are aluminium cased, its Organic Rankine Cycle (ORC) system uses the waste heat generated by the mining process to generate electricity
Each cube is autonomous and self-contained they are equipped with Application-specific integrated circuit (ASIC) or Graphics processing unit (GPU), it does not require air-conditioning system up to 30 degrees Celsius.
It uses artificial intelligence called samaiX, it helps to calculate optimum number of coins to mine for the profit also provides suggestion for the miners by using trackers, its decision is based on the activity of the user profile
SAM centers are installed near SAM cubes
SAM token:
SAE issues tokens called SAM tokens it can be used in this infrastructure for the services such as Setting up the Swiss alps blockchain as a service blockchain for companies, securing electricity costs and selling energy to renters and Lease and sale of mining hardware and SAM Cubes
Team:
Gian-Carlo Collenberg-Founder and CEO
Gian-Carlo is a blockchain enthusiast and constantly strives for new applications and business models. He is a member of the commission of public buildings and facilities of the municipality of Hofstetten-Flueh, Switzerland. His experience in turning ideas into practical applications of the blockchain technology combined with his profound knowledge of the energy markets make him the undisputed driving force of SAE
Ramon Simon-Founder and CFO
Ramon, engineer and manager, keeps track of all project-related activities and manages the resources. With his technical and engineering skills, he also monitors the evaluation and acquisition of the hydropower plants. His interest in the blockchain technology grounds in his desire to develop faster, more transparent and safer payment systems
Michael Rava-Founder and CMO
Michael has been involved with various companies in the field of engineering, development, marketing, project management and consulting for more than 25 years. The rapid technological change of our time coupled with his untiring pursuit of innovative and promising projects, have led him to blockchain technology.
Verdict:
Pros:
• Roadmap is very clear about the milestones to be achieved till 2020
• It has currently 3 operational SAM Cubes
• Core advisory team is well experienced in technical field and blockchain
• Social media hype is good, its telegram community has 31k+ members
Cons:
• Whitepaper is not properly structured
• No partnership is mentioned in the website
Token metrics:
Token Symbol: SAM
1 SAM = 0.80 USD
Soft cap – 5,000,000 USD
Hard cap – 100,000,000 USD
Type: ERC-20
Total Tokens supply: 239,682,538
Public Sale- June 15th - October 29th
Country- Switzerland
Whitelist/KYC- KYC & Whitelist
Links :
Website: https://swissalpsmining.io
Whitepaper: https://swissalpsmining.io/pdf/whitepaper.pdf
Telegram: https://t.me/swissalpsminingICO
Twitter: https://twitter.com/swissalpsmining
Facebook: https://www.facebook.com/swissalpsmining/
Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a