About Swiss Alps Mining
Swiss Alps Mining & Energy.
The blockchain community worldwide faces strong headwinds due to the very energy-intensive mining process of crypto currencies and blockchain-based business applications. At the same time, in the Swiss alps, thousands of unused structures are disintegrating due to the fact that today’s spatial planning law does not allow for residential use of these buildings.
Swiss Alps Mining & Energy connects these two worlds by offering environmentally friendly mining facilities in unused buildings in the Swiss alps, powered by renewable energy only.
Swiss Alps Energy AG will hold an Initial Coin Offering (ICO) in early 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants. The SAM token, Sam, is an ERC20 token. It can be used as means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.
Swiss Alps Energy AG (SAE) – the company.
Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger 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 going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).
Swiss Alps Energy AG is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for longterm stationary use. Thereby, SAE preserves the
aforementioned unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.
Rated on Jun 15, 2018
Modified on Jun 15, 2018
Interesting project and green mining is a good sign. There are a lot of tokens going to angel investors and advisors
23’968’250 Sam (10%) will be reserved for the founding team and partners, of which 16’777’775 (70%
of the 23’968’250) will not be tradeable for one year.
• 19’174’600 Sam (8%) will be reserved for early angel token owners and advisors, of which 11’504’760
(60% of the 19’174’600) will not be tradeable for 3 years.
What is split betwen angels and advisors ? Are the angel s also intersted in the equity of the project and if so how much and what is the capuital they have introduced ? How does the amount they have contributed relate to the value of tokens acquired at the general sale price ? What is the revenue model between token hodlers and equity holders ? Wont the equity holders won the hydroassets purchased so in effect a considerable part of the rasie will go direct to the benefit of the equity holders ? What protections do token holders have that the equity holders will not just realise the value of the hard power assets ? How does the ROI compare for token hodlers v alternatives where pwoer is purchased by use rather than the funds being used to buy hydro assets for the equity holders ?
Rated on Jun 23, 2018
Team and advisors board looks good.....
Hardcap it too big. And I need more technical information and business plan , product planning in the whitepaper .....
And ROI is the most important factors here ...... we saw in previous many mining companies but very few of them are successful .....
Rated on Jun 16, 2018
Modified on Jun 16, 2018
Good vision but needs clarification to be grasped on an investor level. Questions of ROI and processes as well as environmental protection are hurdles which should be clarified for more adherents. Reusing of abandoned buildings is just a small factor but the greater part would be logistics. There must be financial advisors and knowledgeable miners among the team.
Rated on Jun 20, 2018
To be honest, I don't see how this project can be a green project. If you disturb nature in any way, the result on the environment is only going to be negative.
On top of that, 100 million USD is absurd in terms of a raise. The business model and revenue projections are just not high enough to be able to give a decent return to the common man.
100 mio is a hardcap , but 5 mio was our softcap and unsold tokens will get burned.
Rated on Jun 21, 2018
Having already 5 million+ pledged to the project, it shows the trust received by others! As this will be monitored, I do not believe it will harm the environment as others point out.
Am sure the challenge would be in regards to infrastructure, but all are sorted with money!
All the best to your project!
Rated on Jun 22, 2018
This is a good vision, but I am a little concerned about the overall mining conditions. When mining at negative outside temperatures, sweat can appear on the inside walls, making it a technical nightmare.
Also, mining will never be environmentally friendly. The most environmental thing you can do for mining is...not doing it.
Rated on Jun 17, 2018
The team and vision is promising. When tangible products are involved in fund raising projects then it brings a sense of security to investors as well. But also there is one concern on product side which they should work out like they should be ready with their MVP before ICO start, if they make it live I can improve the rating on product side. The need of purchasing of hydro plants and producing mining cubes justifies the amount they want to raise but they should make the revenue models more clear otherwise. Good luck to the team
Rated on Jun 19, 2018
- CEO does have experience running other companies ++
- CFO onboard to focus on the funds. +
Facets to explore:
- CEO show presently working on 4 different ventures (that do not appear advisory). Concern about focus here.
- CFO only has 2 years of executive finance experience. That is a concern for a raise of this amount $100M
-CMO also has several active participating roles in other companies (that do not appear advisory). Concern about focus here.
- Would like to see a plan from the management team on how they will handle multiple ventures.
- Seem to have some solid technical people from the white paper, but it is not blatantly clear that the team has an edge on building and maintaining efficient mining gear rigs from their LinkedIn experience.
- Also unclear where the ORC expertise is coming in from, could be all vendor (which is ok)
- Green anything projects are a plus.
- Multiple vectors of revenue with combination of mining bridging to hydroelectric energy, mixed with real estate re-use.
Facets to explore:
- $100M raise is way out of the hotzone for ICO's especially in this particular climate.
- There are a lot of angles that must work in this deployment. Would like to see a more stage gated raise approach with a more limited scope to prove out the infrastructure / business model. $25M would provide a much higher probability of a successful raise and less exposure for the investors. If the mining facilities are as lucrative as suggested in the white paper, at least 50 of them could be deployed to provide the funding for future phases on this capital, with plenty of capital to spare for a couple of years operational run rate.
- I am also very confused about the business case:
If a lease of 16 TH is $4k for 24 months + 10% or mint proceeds (BC= $10k whitepaper prices) = $5600 Every two years = $233 Monthly
That same 16TH mints .8 Bitcoin a year or 1.6 Bitcoin per year @ $10k (current prices). = $9.6k Annually = $800 per month..
Why would you lease the 16TH to anyone.. Why SMA just not run the miners?
- Further $800 per Month * 44 (16TH units in a SAM) = $35,200 a month in Cash per pod. Each pod pays for itself in 6 Months. Why does the company need so much cash?
**Note: Gian-Carlo, please do feel free to reach out if you feel I have misrepresented or misunderstood something.
Notice: I do not provide investment advice. Please see my profile for important disclosures.
first of all, i`m not integrated into multiple projects as a ceo - i am co-founder of cryptocoinexchange.com and others but i work there as an advisor, another position is my work for swiss government for public buildings and facilities witch has advantages for this project.
our hardcap is set high because our business model is scalable, for us the desire was to reach 5 million and to burn unsold tokens. so that they have no influence on the investment if the hardcap is not reached. the hardcap was to be understood as the maximum usable sum rather than a needing target to be reached.
the ORC project is a cooperation between us and another company.
to be able to operate the miner ourselves we need a security token and we even work on that - but it still needs the green light from our lawyers - stay tuned :)
Rated on Jun 17, 2018
Mining farms infrastructure that they are building is excellent. Using the unused houses and converting them into mining farms to reduce the cost and increase the mining earnings.
They are also using renewable energy to reduce more cost that will increase the mining profitability. Already they have product and shown profits.
Rated on Jun 22, 2018
Make swiss mountains great again, I like the vision of the project. The team has also a strong advisory board.
On the other side, I don't feel the numbers regarding the tokens are clear enough, it needs more details to understand if the investment is a good deal.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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TeamApply as an advisor
Founder and CEO
Founder and CFO
Founder and CMO
Founder and CTO
Founder and CDO
Head of construction mining cubes
Head of electronics
Head of human resources
Work on project commences.
Founding of AG.
First cube running .
Development of SAM mining pool and SAM platform.
ICO private sale.
Project identification processes and KYC.
Purchase of first power plant.
Commissioning and leasing of first cloud-mining cubes.