HashRental ICO Review

lelvin (8)in #cryptocurrency • 6 years ago

HashRental commercial center associates venders (mineworkers) of hashing power with hashing power purchasers through smart contracts, decentralized Escrow. It offers a simple to-utilize and simple to-utilize tool for all crypto-showcase members to make however much benefit as could be expected. The main existing substantial cryptocurrency mining commercial center has been hacked in late 2017. Thus, the market customers lost $60 million. So this appeared like an issue that we could take care of.

Problem:

Existing other commercial center is a concentrated service. It's a state of shortcoming. It wouldn't have been long before programmers chose to assault this platform, which is precisely what happened.

Solution:

We've made the First Decentralized Hashing Power Marketplace.

WHY OUR ICO?

Working MVP. Hashrental mining framework and diverting framework have been tried and propelled. $544000 has just been paid to the MVP members in cryptocurrency

Least measure of hashing power for 1 Luhn is dictated by the current weighted normal benefit from digging altcoins for every calculation. After the service is propelled all clients can exchange Luhn coins on hashing power and get benefit

1 Luhn cost on ico, without reward = $0.04. Least benefit from mining of one hour with Current estimated cost that assurance you some hashing power is $0.128, in this way, token rate will increment up to $0,128 in the wake of propelling Hashrental framework.

Decentralized platform enables clients to securely exchange (Luhn coins → hashing power → some other cryptocurrency) with each other and pools.

HOW IT WORKS?

For Hashing power venders:

Dealers (excavators) can run HashRental programming or associate their mining equipment (GPU Rigs, ASICS, Pcs and smartphones) to HashRental servers (stratum ports). Their hashing power is sent automatically:To the pool that the purchaser has decided for mining. At that point Sellers get paid* in ETH for leasing from smarts contracts after them affirms.

To the HashRental pools, if there is no required volume of requests. At that point Sellers get paid in ETH from HashRental pools.

This is altogether done automatically and the procedure does not require complex specialized aptitudes.

*The cost for lease is dictated by the current weighted normal and revived every moment.

For Hashing power purchasers:

Select the cryptocurrency that you need to mine

Select a pool on which you need to mine

Set required measure of hashing power

Set required request day and age

Place figured sum (or more) of the Luhn coins into the smart contract*. This gives verification of-stores and takes into consideration a considerably more secure exchange. At that point:

– Successfully affirms receipt of required measure of hashing force, and discharges the escrow.

– A gathering raises a debate, and gets an outsider arbitrator, giving them the keys to decode the messages and work with the two gatherings to make a resolution.Get remunerate from chosen pool in cryptocurrency (Btc, ETH, and some other)

Exchange finish!

*The smart contract enables clients to securely exchange (Luhn coins → hashing power → some other cryptocurrency) with each other and pools, and to name a trusted outsider to intervene an exchange if a question emerges. At present, the trusted mediator is dependably hashrental.io, yet the agreement will be adjusted later on to change over to a notoriety based appropriated arbitrator pool.

MVP | STRUKTUR MARKETPLACE

ABOUT LUHN TOKEN

Token named for Hans Peter Luhn. Beginning in the 1940s, Luhn contrived machines and plans for parsing data, most strikingly the now generally utilized hashing calculation, which he recommended as an approach to sort the two numbers and content.

The ERC20 token standard, which remains for Ethereum Requests for Comment, is a standard arrangement of programming "rules". Luhn coin is Ethereum-based token. The Ethereum blockchain is an appropriated, open-source blockchain-based computing platform.

DISTRIBUTION TOKEN & USE OF FUNDS

62%: 620000K Luhn

Pre-sale total number of LUHN: 384400K Luhn

Sale total number of LUHN: 235600K Luhn

Bonus Pre-Sale: 62%

Price (including bonus): $0.024

Bonus Pre-Sale: 38%

Price (including bonus): $0.029

Sale price: $0.04

CORE TEAM

Ian Edwards: Co-Founder

Janice Hopkins: CDO & Co-Founder

Omkar Patel: CTO & Blockchain Developer

Narendra Santra: Blockchain Developer

Sandra Markevich: Marketing Director

Larry Kim: Business Development

Sarvesh Singh: Blockchain Developer

Sayan Dey: Blockchain Developer

ICO DETAILS

Tokens will be offered on pre-sale for 30 days:

Pre-sale Start Date: April 17th, 2018 9:00 PM UTC
Pre-sale End Date: May 17th, 2018 9:00 PM UTC
Token Pre-Sale Volume: 384,400,000 LUHN
Bonus Pre-Sale: 62%.
Price (including bonus): 1 LUHN=0.000048ETH ($0.024)
Minimum contribute 10ETH = 208330LUHN
Bonus Pre-Sale: 38%.
Price (including bonus): 1 LUHN=0.000058ETH ($0.029)
Minimum contribute 0.1ETH=1724LUHN
Sale Start Date: May 18th, 2018 9:00 PM UTC
Sale End Date: June 18th, 2018 9:00 PM UTC
Token Sale Volume: 235,600,000 LUHN
Sale price: 1LUHN= 0.00008ETH ($0.04)
Minimum contribute 0.1ETH=1250LUHN
Total Supply: 1,000,000,000 LUHN
Distribution to the Token Pre-Sale and Sale (summarily): 62%: 620,000,000 LUHN.
Soft Cap: 5000ETH ($2.5M)
Hard Cap: 49600ETH ($24.8M)
Payment: Accepted Forms of Payment: Ether (“ETH”).

HashRental ICO Review

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