Ice Rock Mining STO (ROCK2)
Establishing a mining farm in a cave located inside a cold mountain in Kazakhstan.
Start Date
20 Jan, 2018
End Date
25 May, 2018
Ice Rock Mining Score Analysis
Ice Rock Mining has a very clear vision and product as its goal as well as a sound marketing effort that receives some acceptance from the community. On the other hand, IRM doesn’t have any team members with past experience or recommendations in mining or cooling systems. As a company that aims to create a mining farm in a mountain, that may affect its ability to create such farms as well as deal with the mountain ambient. Moreover, the team doesn’t have a long-term plan that spreads further than “starting of the farm” and guarantees a very large profit by investing in them, which is a very difficult thing to commit to in the current changing and fast-developing crypto ecosystem.
Ice Rock Mining Use of Token
ROCK2 is Ice Rock Mining's ICO token. It is an Ethereum based ERC20 token. There is a total supply of 20 million ROCK2 token. 88% of the total token supply will be sold via the ICO. 10% will be reserved for the development team, and 2% will be allocated for bounties. Revenue from selling of ROCK2 tokens will be used to expand IRM's mining operations. ROCK2 tokens will be also used to distribute profits among holders of the mining contracts.
Organization
Woodland Networks L.P
Platform
Ethereum
Coin type
Security Token
Category
Mining
Soft cap
1
Max cap
13,500,000
Max supply
23000000 ROCK2
Price
1
Ice Rock Mining Token Sale Stages
- Stage
- Start date
- End date
- Amount of Tokens
- Price
- Discount
Ice Rock Mining Distribution
Ice Rock Mining Use of Proceeds
Ice Rock Mining Team Members
Ice Rock Mining Past Events
- 07 November, 2019
Carrying out an early sale of ROCK tokens and the primary ICO of the first phase. Preparation of the cave for installation. Flooring with special antistatic material.
- 23 December, 2019
Electrical work. Initial launch of the miners, analysis of the hashrates of the Ice Rock farm. The start of sales of two-year mining contracts, the launch of the first payments to investors of the first phase
- 01 February, 2019
The first payments on mining contracts! First profits of investors Ice Rock Mining! Floating stock exchange, making contracts with other exchanges with the support of ERC-20.
- 20 March, 2019
Analysis of the market of miners. Search for analogues of Bitminer. Conclusion of contracts for the wholesale supply of the latest mining equipment
- 25 May, 2019
Increase in the power of transformers, preparation for the installation of shelves and relay protection. Purchase of miners. Relay protection installation. Floating of the stock market
- 10 July, 2019
Completion of installation. Running the miners, checking all the elements. Alpha testing. Publication of the total capacity of the entire Ice Rock farm. Running Dashboard Ice Rock. Start MINING