SNASSET
AN ETHEREUM | BURST | SIACOIN MINING AND
https://kiboplatform.net/en/landing.htmlKIBOLOTTO ASSET –
PROUDLY OFFERED BY
https://forums.burst-team.us/user/feltersnatchFELTERSNATCH
PHASE I: ETHEREUM OR DUAL ETHEREUM AND SIACOIN MINING COUPLED WITH BURSTCOIN MINING ON FELTERSNATCH RIG THREE:
https://doc.co/NSS4zo Mining Profitability Calculations (click for spreadsheet)
GPUs 1 & 2 --
https://www.cryptocompare.com/mining/gpushack/gpushack-r9-280x/R9 280x
GPUs 5&6 – Radeon RX 480
GPUs 3 & 4 –
https://www.cryptocompare.com/mining/gpushack/gpushack-hd-7950/HD7950
The ETH hash rate for each of these cards hovers somewhere between 13-15 MH/s and, when properly optimized will rival the hash rate of the R9 280x.
Proceeds from the issuance of shares will fund the purchase of 2 additional GPUs: Radeon RX 480s, which hash ETH at roughly 25 MH/s each. This would bring the total ETH hashing power for the rig to roughly 110-120 MH/s. See this spreadsheet for the current calculations of profit from this rig.
The ETH hash rate for each of these GPUs is currently 16-18 MH/s on a Linux Distro specifically designed for Mining ETH and related Hashimoto coins and tokens-Mainly ETH and SIA.
MOBO/Processor / HDDs
5% of the profits from the rig (BURST + ETH) will fund the purchase of an additional 2-3TB per month for the first 6 months, at which point a vote will be taken: stop the 5%/month reinvestment in BURST plot capacity, continue with the 5% reinvestment, or, increase the investment to 15% for 6 additional months (securing an additional 3-4TB/month).
In the first two months, 5% may not cover the cost of adding 2TB of HDD space, in this case, the asset issuer will make up the difference out of his personal funds.
MOBO: ASRock H81 Pro BTC - 6 PCIe Slots (1 PCI Express 2.0 and 5 x PCIe slots for 6 GPUs (eventually) running Linux Distro (either EthOS or ETH/Sia Dual Simple Miner).
Processor: Intel Core i5 4950 (Haswell)
With 2 internal SATA II and 2 internal SATA III ports: with a portion of the proceeds of the sale of this asset, two 6TB drives will be purchased and added to the 2 x 4TB drives that the Asset Issuer (me) will be supplying as part of the asset for a total of 20TB of BURST mining plots to begin this endeavor.
AND PURCHASE OF 2-3 KIBO PLATFORMS AT 10 ETH EACH AND 5000 KIBIT At 100 ETH – TOTAL COST: 120-130 ETH
KIBIT (KBT)
This is one of 350 million tokens issued by the company, among which 14 % of the turnover generated on the KIBO LOTTO platforms worldwide will be divided on a daily basis. As part of the marketing strategy at the crowd-sale stage, 100 million KBT are put on sale, and they will incorporate 4 % of platform turnover. These are 28.5 % of all issued Kibo tokens
The remaining 250 million are owned by the development team and will form the company's revenue. You can find more information about the allocation percentage on all platform operations, as well as the prize fund formation and other accruals in Kibo Lotto’s
https://kiboplatform.net/_alldata/files/kibowhitepaper.pdfWHITE PAPER.
INITIAL SHARES ISSUED | PRICE | DISTRIBUTION | ALLOCATION
SHARES ISSUED (PHASES)
250,000 TOTAL SHARES
PRICE
ALLOCATION/DISTRIBUTION
Phase I: 50,000 Shares Released Immediately
The proceeds are earmarked for: (1) 2 x 6TB HDDs ($325-$350) and misc. items related to BURST mining and upkeep of the ETH/SIA GPU Mining of the Rig and 2 Additional GPU for ETH mining -
https://www.cryptocompare.com/mining/sapphire/radeon-rx-480-ethereum-mining/Radeon Rx 480 ($400) (bringing the total # of GPUs on the rig to 6 (4 Donated by Asset Issuer) and the hashrate to ≈ 110-120 MH/s; new 1200w PSU (Tier IIA/Gold rated or better)($185.00) to get good power to the new cards, I have 1250w now that I will be donating to the asset, a used or GPU shacks open-air rig rack ($50-150) ; and,
(2) Purchase of KIBO LOTTO Platform and 5000 KIBIT (KBT) (110 ETH TOTAL=2.37 BTC)
70 BURST/share
25% (12,500 shares) to Asset Issuer for donation of Mining Equipment (4 GPUs, MOBO, RAM, CPU, 4TB HDD, etc. ≈ $1350.00 of equipment that now is owned by the shareholders), Upkeep and Maintenance of Rig, Distribution of Dividends, and Maintaining the Kibo Lotto Platform;
5% to be split equally between the BURST development fund and the remaining 2.5% to the BURST developers;
70% (35,000 shares) to be offered for sale to the Community at 70 BURST per share. Total BURST=2.625 million (3.2025 BTC or $1,964.70 US)
Phase II: 100,000 Shares Released (Date TBD)
Funding f0r BurstPoker and Off-Track Live Stream Betting on Horseracing.
75 BURST/share
15% (15,000 shares) to asset issuer for procuring, developing, implementing and maintaining a first of it’s kind PokerRoom: the first BURST Poker room and the first with Off-Track wagering on the ponies.
85% (85,000 shares) to the community
This is an expensive endeavor, as a poker room source code, servers, etc. can start at the very low end, near $20,000 US. My hope is that with the development of Phase I into a 1.5-3.0 M BURST/month (after 3-6 months) revenue generating asset (before dividends are paid). That would be roughly 1.875 – 3.75 BTC/month by reinvestment in an additional mining rig and the exponential growth of the KIBO LOTTO though the marketing machine that is the BURST Community and SHASSET holders in particular.
Phase III: Looking at viability of Real Estate purchase through the revenue streams of Phase I & II. The legal aspects alone are daunting – and I’ve practiced law for almost 20 years (in 2018).
TBD
TBD
OUR OWN LOTTO PLATFORM-THE KIBO LOTTO PLATFORM
Surely, we can develop a global, uniform, international lotto only if there is a distributed affiliate network in place all over the globe.
To ensure a highly efficient launch and steady growth of KIBO we have designed a high-power marketing strategy , a component of which is a platform best suited for launching one's own lotto platform for everybody who joins us at the crowdsale stage.
KIBO Platform is the foundation of a uniform, international lotto as part of a global, independent, affiliate network that is fully protected against third-party interventions.
WHY KIBO LOTTO:
CHANGES IN THE SOCIAL ENTERTAINMENT MARKET
LOTTO MARKET TODAY
Today virtually every country has its own national and commercial lotteries that have been enjoying steady popularity for many years. The share of lotteries on the world's gambling market is above 30%. Annual turnover on the market currently stands at $284 billion. By way of example, it is 10 times higher than the turnover of the entire world's film industry.
‘‘ ‘‘The share of online lotto is already in excess of $4 billion. This figure continues to grow as the Internet penetrates new areas and the number of smartphone users rises, which, according to specialist estimates, will exceed 5 billion devices by 2020. ’’ ’’
The lotto is today's favorite national entertainment and is second to none both in popularity and the market share it holds among entertaining social games in the world. Globally, on average, every second person in developed countries plays the lottery on a regular basis. In some European countries, such as Spain, this figure is even higher and can be as high as 80% of the adult population.
LIMITED ACCESS TO TICKET PURCHASE
Residents of many countries still suffer from a lack of access to payment or banking systems. The lack of a universal payment method is a major constraint for organizing a single international lotto for people in all countries.
Evidently, lotto is one of today's most popular gambling practices
It is precisely the above problems, coupled with difficulties in attracting customers and the lack of an easy-to-access universal payment method, that are the key constraints for launching a global, 100% fair and transparent lotto.
How does KIBO Lotto tackle these challenges?
KIBO LOTTO offers a new approach to the organization and holding of lottos. Thanks to blockchain and Ethereum smart contract technology, we have eliminated key shortcomings in the most popular social gaming entertainment on earth.
DESPITE SUCH POPULARITY, THERE ARE STILL SOME MAJOR SHORTCOMINGS THAT BOTHER EVERY PLAYER:
FAIR DRAW PROBLEM
Licensed operators cannot rule out the role of human factors in the industry with a turnover of billions of dollars which, in turn, cannot guarantee a 100% fair draw. The problem of fair play is currently the main constraint on this market and not without reason.
THE PROBLEM OF COLLECTING WINNINGS
Collecting the prize in each country is governed by its own rules and , if you win, it can take several years to collect your winnings, and all kinds of fees are required which may make up to 50% of the prize, depending on the country.
LIMITED ACCESS TO TICKET PURCHASE
Residents of many countries still suffer from a lack of access to payment or banking systems. The lack of a universal payment method is a major constraint for organizing a single international lotto for people in all countries.
HOW DOES KIBO LOTTO TACKLE THESE CHALLENGES?
A COMPLETELY TRANSPARENT AND 100% GUARANTEED FAIR-PLAY PLATFORM
KIBO is built on blockchain technology and makes use of open-source smart contracts, whose logic and algorithms are available to anybody. Anyone can check out any transaction, any draw or any lottery.
The gambling rules and conditions are hard-wired into the architecture of the KIBO smart contract. After the network is set in motion they cannot be changed, doctored or deleted. This ensures a complete transparency of each lottery and a 100% guarantee of fair play.
PLAY FROM ANY PLACE ON THE PLANET
Using new forms of e-money, such as bitcoins, ether and other stable cryptocurrency, KIBO has been able to make access to the online lottery truly global. Playing lotto now has no geographic boundaries and is not tied into any local financial system.
KIBO is the first international lottery that can be played even by residents of those countries where there is no banking infrastructure; all that is needed is Internet access.
INSTANTANEOUS PAYOUT OF WINNINGS AND ANONYMITY
By using new technology KIBO LOTTO has reduced the time needed to collect a prize, which in some countries can be up to several years. In KIBO, the smart contract logic makes payments automatically, with no intervention from third parties.
Now, when a person wins in KIBO LOTTO their prize of any size is paid virtually the same moment to any place on the globe without any fees.
KIBO Platform
The KIBO Lotto platform is translated into 14 languages, has an intuitive interface and contains a series of the most popular types of lotto on European and Asian markets. As KIBO moves forward with technological advances, they enthusiastically offer a product which represents the next step in market development and which transforms it in every direction.
You can try it too. Right now you can learn about the alpha version of the platform at
http://kibolotto.net/http://kibolotto.net
In pursuing the goal of familiarizing a large number of users with the advantages of the KIBO LOTTO platform, the KIBO team has designed a special marketing strategy capable of drawing the attention of tens of millions of users to the product in the shortest time frame.
Growth Strategy
or
How to tell the world about KIBO
The key problem of any service or product is the need to have a large user base at the start of the project.
As we have had this problem in mind since the very start of working on KIBO, we have made
the solution of the problem a priority task.
Viral effect
Underlying the KIBO Lotto market release strategy is a mechanism similar to the UBER taxi service model or PayPal. As is well known, the rapid growth of the customer base of these companies is based on the proper motivation of existing users into referring them to their friends.
To make sure that referring UBER to friends is not obtrusive, the company suggested to its customers that they could not just refer a convenient service to their friends but also give them free journeys. If a friend takes up the option of this free journey, the sender of the invitation will also get a free journey. This is a nice and easy thing to give as a present, as it is dramatically different from selling friends a new product that they are not yet familiar with. This way an invitation to try a new product transforms from an obtrusive suggestion into an opportunity to give a nice present to a friend
This is why this model has been such a success and has allowed companies that have managed to incorporate it into services they offer to see such a quick and stable growth of their customer base.
Speaking about efficiency and promotion methods, advertising is now becoming less and less efficient. Ads sent from strangers give a 5% response, at best. At the same time, referrals from a close acquaintance or friend who enjoys a certain level of trust give a conversion rate for close product familiarization of up to 95% of message recipients. It is precisely for this reason that the Uber viral effect yields such good results.
When developing a market release strategy for a decentralized lotto we set ourselves a task not only to build a very powerful motivation to refer KIBO to friends. Another task we set ourselves was to motivate users to work out for themselves the benefits of our platform, which are down to decentralization and cryptocurrency. To address these tasks we have developed a step-by-step launch strategy divided into two main stages.
FIRST STAGE
The first stage includes attracting funds and building a network of independent platform owners all over the globe, who will have a vested interest in a powerful launch and active build-up of the customer network during the launch, and in further development of the platform.
CROWDSALE STAGE TASKS
Accumulate sufficient funds to conduct a high-power promotion campaign in the form of a prize draw (from $10,000 a day to several prizes of $100,000 and larger, to be drawn free of charge over the course of more than three months);
At the moment of the launch, have a distributed network across the world of affiliates who will have a vested interest in rapid development. The affiliates will receive a percentage of future platform turnovers and will be able to increase their profit many times over by actively building their customer base. At the launch, each platform owner will be inviting new users to participate daily in a free prize draw within a 100% honest lottery with instantaneous payouts. globe without any fees.
KIBO Platform
The KIBO Lotto platform is translated into 14 languages, has an intuitive interface and contains a series of the most popular types of lotto on European and Asian markets. As KIBO moves forward with technological advances, they enthusiastically offer a product which represents the next step in market development and which transforms it in every direction.
You can try it too. Right now you can learn about the alpha version of the platform at
http://kibolotto.net/http://kibolotto.net
In pursuing the goal of familiarizing a large number of users with the advantages of the KIBO LOTTO platform, the KIBO team has designed a special marketing strategy capable of drawing the attention of tens of millions of users to the product in the shortest time frame.
Growth Strategy
or
How to tell the world about KIBO
The key problem of any service or product is the need to have a large user base at the start of the project.
As we have had this problem in mind since the very start of working on KIBO, we have made
the solution of the problem a priority task.
Viral effect
Underlying the KIBO Lotto market release strategy is a mechanism similar to the UBER taxi service model or PayPal. As is well known, the rapid growth of the customer base of these companies is based on the proper motivation of existing users into referring them to their friends.
To make sure that referring UBER to friends is not obtrusive, the company suggested to its customers that they could not just refer a convenient service to their friends but also give them free journeys. If a friend takes up the option of this free journey, the sender of the invitation will also get a free journey. This is a nice and easy thing to