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Description

Description


Ambit Mining is a cryptocurrency mining project that aims to scale its operation to 20 MW and distribute the profits throughout AMBT token holders. The AMBT Token is an Ethereum-based ERC20 Token and holders will be entitled to the profit share from the Ambit mining and hosting operations, which will be paid out bi-weekly in ETH at pro-rata basis.

Full Name AMBT Token (AMBT)
Start Date 2018-10-04
Algorithm ETH Token
Proof Type N/A
Website https://ambitmining.io/
Twitter @AmbitIco
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Ambit Mining is a cryptocurrency mining project that aims to scale its operation to 20 MW and distribute the profits throughout AMBT token holders. The AMBT Token is an Ethereum-based ERC20 Token and holders will be entitled to the profit share from the Ambit mining and hosting operations, which will be paid out bi-weekly in ETH at pro-rata basis.

Team:

  • Beka Vashakidze: Founder & CEO 
  • Giorgi Inashvili: Chief Operational Officer 
  • David Kochiashvili: Lead Software Developer 
  • Aleksey Kuksin: Software Architect

Ambit Mining will be holding its ICO in two phases, the pre-sale will start on the 10th of April and is expected to end on the 27th of April. The main sale is set to start on the 1st of May and last until the 30th of May. The ICO token supply represents 85% of the total token supply and will be available for a 0.5 USD base price. The ICO funding target is set at 3M USD and the cap at 40M USD.

Token Reserve Split (15%):

  • Company Reserve 3%
  • Team & Advisors 9%
  • Bounty 3%

The AMBT ICO features a bonus campaign.

Bonus Structure:

  • Pre-sale: 0.40 USD
  • Main sale (first stage): 0.45 USD
  • Main sale (second stage): 0.475 USD
  • Main sale (Final stage): 0.5 USD
ICO Status Upcoming
Token Supply 104000000
Start Date 2018-04-10
End Date 2018-04-27
Fund Raised (BTC) 2,793,245 tokens sold
Fund Raised (USD) 1396622.5
Start Price (USD) 0.5
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction Georgia
Legal Advisers N/A
Blog https://medium.com/@ambit.miners
White Paper https://ambitmining.io/doc/Ambit-WhitePaper.pdf
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