Hi Netizens We are delighted to announce
the launch of Batmine decentralised cryptocurrency
BatMine has chosen to use the Silent
Partnership legal framework resulting in contractually guaranteed fixed 30%
profit sharing rights for ICO investors for a period of 10 years
Blockchain system gaining pace among the
governments and economic professionals alike, this system will eventually enter
mainstream and may likely see a rise in the number of miners to the current
mining population.
BatMine
Company Overview
We strive for full transparency and
therefore we disclose our full Company structure.
BatMine is a project from:
Blockchain Applied Technology Ltd
Mara Gidik street N21, et,1
8000 Burgas
Bulgaria
And it’s 100% subsidiary company
Blockchain Applied Technology Ltd., Rybna 24, 110 00 Praha 1,
Czech Republic, that will be established
within one week after the ICO/IEO ends.
We have chosen Bulgaria and the Czech
Republic for several reasons. First and foremost, both are
stable European jurisdictions.
There are several reasons why we have
chosen to set up our parent company in Bulgaria. The first is
a stable European legal jurisdiction with
crypto legislation that allows us to legally operate the mining
facilities, and repatriate profits derived
from profitable mining operations and hardware sales worldwide.
The flat tax rate in Bulgaria is 10%, the
lowest effective rate in Europe. Labor costs are low, and quality
team members are readily available.
The Czech Republic has a stable economy,
low-cost electricity rates through strategic Partnerships with
local energy providers, and a legal
structure that allows us to pay profit sharing to investors. The Czech
Republic has a moderate climate leading to
less cost for cooling and heating the facilities, moderateto-low
labor costs, and is the sixth safest
country in the world. We plan to build our first mine in the
Czech Republic. For a mine it is very
important that services like Internet and electricity are reliable and
are provided continuously. The Czech
Republic has heavily invested in building a reliable backbone for
both networks, so that BatMine and all
stakeholders can be ensured of a fully functional mining facility.
All activities under this ICO/IEO,
including but not limited to token management, marketing, operations,
technical development, management,
hardware sales and mining operations, will be executed in these
countries.
Profit sharing will be distributed worldwide
from Bulgaria over any and all profits made by any of the
current and future companies in the BAT
Group.
BatMine
Vision
BatMine is
more than just another crypto mine. It is Blockchain Applied Technology
at its best, crafted to an art by skilled Cyber artisans and Blockchain
professionals. We are creating the most advanced, profitable, fastest crypto
currency mine that ever existed. A Mine that you can join, and become a member
of our BatMine community. We will bring this amazing
opportunity to life together and build the BatMine for visionaries – our
Community!
Blockchain technology is indeed
revolutionary and we do believe it is the future, but there are still things to
be perfected. Two of those things are costs and energy efficiency. Bitcoin or
any other currency mining can get very expensive and can drain a lot of
electricity. As an example we mention the problems during the peak moments back
in December 2017 until January 2018 when a lot new people were coming in and a
lot of trading was going on. With the former speed and efficiency transactions
were getting stuck in the system, causing people to wait for weeks until their
transaction went through.
See here for information
For Airdrop on Bounty0x
https://beta.bounty0x.io/bounties/1139667
For Whitepaper
