Swiss Alps Energy AG (SAE)

Mining is one type of activity that extracts minerals and other mining materials from within the earth. Mining is the process of taking materials that can be extracted from the earth. Mine is the place where mining activities occur.

all phases of activities in the framework of mineral or coal research, management and exploitation which include general investigation, exploration, feasibility studies, construction, mining, processing and refining, transportation and sales, as well as post-mining activities, planned, systematic activities and continuing after partial or all mining business activities to restore natural environmental functions and social functions according to local conditions in all mining areas.

Currently a very powerful platform because of the energy-intensive mining process of cryptocurrencies and blockchain-based business applications. On at the same time, in the Swiss Alps, thousands of unused structures are split due to the fact that today the law of spatial planning does not allow for housing the use of these buildings.
Swiss Alps Mining & Energy connects both the world by offering environmentally friendly mining facilities in unused buildings in the Swiss Alps, powered only by renewable energy.

Swiss Alps Energy AG (SAE) will hold an Initial Coin Offer (ICO) in June 2018. Funds collected at the ICO will be used to finance the development and expansion of mining facilities and to gain ownership in hydropower plants. SAM Token, Sam, is an ERC20 token. This will be used as a means of payment in the SAE mining and service universe and will
can be traded outside the SAM platform on all relevant exchanges.

Swiss Alps Energy AG provides decentralized blockchain infrastructure and mining facilities by means of advanced modular cube systems. Pre-fabricated cubes contain mining components and are installed on site in unused buildings in the Swiss Alps. They allow for ecologically sound and high efficient mining.

Take the quick tour

Swiss Alps Energy AG (SAE) is a distributed ledger-based energy supplier and operators of flexible modular mining infrastructures that are intended for long-term stationary use. Thereby, SAE preserves unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.

Swiss Alps Energy AG is Swiss Alps Mining & Energy's operating business. Members of the team come from such fields as blockchain technology, cryptocurrency mining and hyper ledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts. The team has successfully developed and launched several products, solutions, and applications based on the blockchain technology. The company is currently running through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).

The token

The fact that SAM Cubes and SAM Power Plants operates with blockchain-based contract solutions enables the purchase as well as the settlement of transactions by means of cryptocurrencies and smart contracts.

The SAM token (Sam) is an ERC20 token. It can be used as a means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.

All services provided by SAE as well as the purchase of power and cubes will be paid in SAM tokens. This includes renting and buying of mining units, electricity supply from SAM Power Plants, hosting of blockchains on decentralized SAM Units, and the development of blockchain-based services such as global KYC.
Important note: The ICO smart contract code can be viewed on GitHub.

Token supply
A total of 11984126913 Sam tokens (100%) will be issued on the Ethereum blockchain using a smart contract.
The standard and will be freely transferable on the Ethereum platform. These
tokens will be the only Sam ever issued.
Of this total:

• 14'583'333 Sam (12.17%) are already sold in the pre-sale tokens. SAE has raised $ 5000000 in this initial funding round. Subsequent sales token tokens will be made at significantly higher prices. -SOLD OUT-

• 75296269 Sam (62.83%) will be reserved for playing token sales and for future tokens sales and activities (see below).

• 11984127 Sam (10%) will be reserved for the founding team and partners, of which 70% will not be tradeable for one year.

• 9587302 Sam (8%) will be reserved for early angel owners and advisors, of which 60% will not be tradeable for 3 years.

• 2396825 Sam (2%) was used for the first bounty campaign.

• 5992063 Sam (5%) will be reserved for future contributors (see below).

• (2.4 Mio of this 5% will be used for a second bounty Campaign)

Allocation of funding
The founders of SAE are responsible for the efficient and diligent use of all funds, which is relevant to the highest corporate governance principles.

Major expenses include:

• SAE cubes infrastructure
• SAE centers infrastructure
• investments in hydropower plants
• salaries for the SAE development team
• salaries for production and maintenance of cubes staff
• development outsourcing expenditure
• cost of servers, office, tools, and software
• marketing and promotion expenditure
• fees for advisors related to the project

In the first phase of the project, the majority of SAE's costs will be related to the set-up of the infrastructure and investments in small hydropower plants. Additionally, funds will be required to expand SAE's userbase through marketing, promotion and business relationships, as well as for providing a legal contingency fund.

ROADMAP

FOR INFORMATION DETAIL:
WEBSITE:https://swissalpsmining.io/
WHITEPAPER:https://swissalpsmining.io/pdf/whitepaper.pdf
MEDIUM:https://medium.com/@swissalpsmining
TWITTER:https://twitter.com/swissalpsmining
TELEGRAM:http://t.me/swissalpsminingICO
REDDIT:https://www.reddit.com/r/swissalpsmining/
FACEBOOK:https://www.facebook.com/swissalpsmining/

BTT:https://bitcointalk.org/index.php?action=profile;u=1112705