eGOLD MINING - A Cryptocurrency That Incentivizes Token Holders Through Mining Dividends

Welcome my friends to the exciting new Project today and let's see their great idea:

About eGold Mining

eGold Mining is a community of people who want to mine crypto currencies by combining resources to achieve savings on cutting-edge equipment, professional care, and very cheap electricity. We are conducting a Token Sale to build the world’s largest crypto crowdfunded mining operation. The eGold Mining Token will be an eGM Token.

Why eGold Mining?

Unmatched benefits which no other competitor can provide

Profit Sharing

50% of the net profit is shared with token holders every month, six months, and year depending on accumulated G-points and the length of time the eGM tokens were held. Payouts will be in ETH via smart contracts.

Legality

eGM is taking proper steps to comply with all security laws set by the United States government. The goal is to be the first US-based profit sharing company in the mining industry. eGM plans to operate legally under South Dakota, USA jurisdiction.

Trust

Being a registered company in the United States allows for security of investment compared to similar companies around the world. eGold Mining’s official business entity registration can be found here.

Cheap Electricity Rates

The electricity costs for eGold Mining is under 4.5 cents per kWh with all additional cost factors included. eGM has the cheapest electrical costs of all profit-sharing mining companies.

G-points

Opposed to traditional profit sharing methods, eGM rewards investors through a point system referred to as ‘G-point’. The G-point system is there to reward long-term token holders the most.

No Contracts

Unlike Cloud Mining, eGM does not require the purchase of contracts or hash power to receive mining profits. Profits are shared by simply holding eGM tokens and accumulating G-points.

Our Mission

eGM Mission

eGold Mining will become the largest and most trustworthy dividend paying cryptocurrency mining operation in the world. The eGM team is dedicated to maximizing dividends for all token holders.

Making money during a bear market is almost impossible. But it doesn’t have to be anymore.

eGold Mining plans to be the first SEC-compliant cryptocurrency mining operation that pays eGM token holders dividends every month regardless of the state of the market.

With eGM’s wholesale prices on all expenses associated with mining, diversification of mining services, and team of experts dedicated to a successful operation, an investment in eGold Mining will be extremely beneficial for all those who love to ‘HODL’.

By eliminating the risks, fees, and maintenance issues associated with cryptocurrency mining, everyone can benefit by earning a passive income through a trustworthy, halal, and profitable venture.

How it Works

A brief description of eGold Mining’s process.

Buy eGM Tokens

Hold them in a ERC20 private wallet

Accumulate G-points

The more points you accumulate, the larger your profit share.

Get Paid!

Dividends are paid once every month in ETH via smart contract.

You simply have to buy eGM tokens and hold them in an ERC20 private wallet (we recommend Metamask). Holding these tokens allows you to accumulate G-points every day. You compete with others to see who can accumulate the most G-points and earn the largest share of the profits! Learn how G-points are calculated here.

eGM greatly incentivizes long term token holders as the longer they hold, the higher profit share they receive. This is made possible by the payout structure below.

Short Term Holders

Dividends paid every month

G-points reset every month

25% profit share

Must hold tokens for full month to receive profit share

Long Term Holders

Dividends paid every six months

G-points reset every six months

15% profit share

Must hold tokens for at least three months to receive profit share

Elite Holders

Dividends paid every year

G-points never reset

10% profit share

Must hold tokens for at least six months to receive profit share

There are three softcaps for the project: $ 8 million, $ 12 million, and $ 20 million. The first softcap is the minimum amount needed to start a profitable operation.

The second softcap is the amount needed to meet the projections set out under ‘Projections and Returns on Investment’, below.

The third softcap is the amount needed to buy land, build a warehouse, invest more, and buy more ASIC miners.

With a larger number of startups, we will be able to eliminate a lot of costs in the future and will be able to buy more to support the eGM tokens.

ITO Budget Requirements and Allocation

Soft Cap 1 = $ 8m

Soft Cap 2 = $ 12m

Soft Cap 3 = $ 20m

Hard Cap = $ 50m

Calculation is based on 8/02/2018 mining difficulties (subject to change)

Calculations are based on Soft Cap 2

Energy Levels ~ 4.5c / kWh

Energy costs can change by market for