Saltmine is a blockchain infrastructure company monetizing consensus.
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Saltmine Token (NACL) is a burnable and distribution bearing ERC223 token which is directly backed by the Saltmine production revenue via the Saltmine smart contract. NACL cryptocurrency will be minted to distribute the value generated by Saltmine blockchain infrastructure systems to the holders of the NACL token using the Saltmine smart contract.
What is Saltmine
Saltmine is a Fintech company which seeks, for the benefit of Saltmine and its token holders, to create the infrastructure for blockchains and distributed technologies.
Build and maintain the hardware, data infrastructure, and financial systems essential to blockchain technologies by investing in cryptocurrency infrastructure, as well as support blockchain technologies.
The intent of Saltmine is to monetize the production and infrastructure of blockchain and distributed technologies through consensus, mining blockchain technologies, and blockchain infrastructure using the NACL token to pay distributions to NACL token holders using the model laid out in this white paper. First let’s learn about consensus.
What is Consensus?
In blockchain technologies, consensus is the mechanism which is used by the distributed agents to agree on what will be written on the blockchain. Participating agents realize revenue by means of a block reward of the given cryptocurrency. The two most common consensuses models are:
DetailsTotal tokens for sale: 10,000,000 NACL
Soft cap: 50,000,000 USD
LegalBlockchain Platform: Ethereum
Token infoTicker: NACL
Token standard: ERC223
Token price in USD: 1 NACL = 1 USD
Accepted currencies: ETH
MINING FACILITY BUILDOUT
Start profitable by building out a blockchain infrastructure facility using datacenter management techniques.
Create working betas of our virtualization technology and our tokens.
Scale up our existing operation to realize our self-sustaining revenue model
Open the Saltmine ICO to the public. This will allow anyone to support and invest in blockchain technologies.
LAUNCH WHITEBOX PLATFORM
We are keeping this under wraps for now, but subscribe to our social media pages to be the first to hear our announcements!
Subscribe to our social media pages to be the first to hear our announcements!
Hope your sick CEO finds a great husband in prison!