TECHNO GADGET: August 2019

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