Ambit

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Ico logo ambit.jpg The Next Generation Mining Infrastructure
Rating 3.7
Team Vision Product
4.3 4.3 3.9


Summary[edit]

We are experienced miners, who managed to build 1 MW mining and 5MW hosting facility in Georgia, Tbilisi Free Industrial Zone. We have achieved ROI in jus

Token AMBT
Price 1 AMBT = 0.50 USD
Platform Ethereum
Type ERC20
Accepting BTC, ETH, Fiat
Minimum investment 100 USD
Distributed in ICO 85%
Soft cap 3,000,000 USD
Hard cap 40,000,000 USD
Tokens for sale 88000000
Country Georgia
Restricted areas USA
preICO start preICO end ICO start ICO end
2018-04-10 00:00:00 2018-04-27 00:00:00 2018-05-01 00:00:00 2018-06-10 00:00:00


About[edit]

Ambit Mining is a mining operation established in the free economic zone, Tbilisi, Georgia. In October Ambit Mining completed the construction of its first fully disclosed and diversified Mining farm, with the capacity of 1 Megawat (MW). Ambit Mining aims to expand the existing operation with crowdfunding (using Ethereum based smart contract) and make a large scale cryptocurrency mining operation accessible to community.

Low cost, green electricity (0.05$ per kW/h), favorable government regulations, tax free zone, cutting edge technological solutions, all these factors ensure that Ambit Mining is one of the most profitable mining operations in the world. (100% ROI Achieved in just 5 months for the existing farm). Community members who will contribute to this project will have the opportunity to become part of the mining family at Ambit. Each Community Member will have access to regular and transparent information regarding the mining operation.

Ambit Mining contributors will receive Ethereum based AMBT Tokens that represent their share in Ambit Mining. These tokens will entitle the holders to the profit share from the Ambit Mining operation. 85% of the net profit will be available for token holders (Total Mining Yield), out of this 85%, 75% will be distributed as dividends, the remaining 25% will be reinvested to improve and upgrade our mining infrustructure, in order to match the increasing mining dificulty and maintain the same ROI over the years. If the cost of the actual reinvestment is less than 25%, then the remaining funds will be distributed as dividends as well.

On the existing mining operation, Ambit Mining has managed to achieve 100% ROI in just 5 months. However, due to the volatility of cryptocurrencies, the ROI might rate, at bitcoin prices of USD 13,000, Ambit Token will generate a yearly ROI of 171%, or over 500% over 3 year period. Which means that every 1 ETH invested will yield 5 ETH within 3 year timeframe.

In total there will be 104 million Ambit Tokens issued, out of which 85% will be available for crowdsale. The reminder will be allocated as follows: Team & Advisors 9%, Bounty Campaign 3%, Company Reserve 3%. All unsold tokens will be burned and there will be no further distri of the tokens. All tokens allocated to team and advisors, will be vested for 6months, to ensure the interest in the success of Ambit Mining.


Team[edit]

Team photo 2544-27449.jpg
Beka Vashakidze
Founder & CEO
Team photo 2544-27450.jpg
Giorgi Inashvili
Chief Operational Officer
Team photo 2544-27451.jpg
David Kochiashvili
Lead Software Developer


Team photo 2544-27452.jpg
Aleksey Kuksin
Software Architect
Team photo 2544-27453.jpg
David Gelashvili
Partner at BDO Georgia
Team photo 2544-27454.jpg
George Khmaladze
Chief Financial Officer


Team photo 2544-27455.jpg
Levan Nadiradze
Chief Project Manager
Team photo 2544-27456.jpg
Tato Tsintsadze
Chief Energy Officer
Team photo 2544-27457.jpg
Mikheil Todua
Head of Marketing


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Nino Lazarashvili
Graphic Designer
Team photo 2544-27459.jpg
Revaz Kuparadze
Marketing Strategist
Team photo 2544-27460.jpg
Zakro Gogolidze
Senior Web Developer


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Tornike Sekhniashvili
Visual Specialist
Team photo 2544-27462.jpg
Lasha Nozadze
Digital Strategist
Team photo 2544-27463.jpg
Vasil Otiuridze
Hosting & Mining Manager


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Ioseb Kistauri
Chief Technology Officer
Team photo 2544-27465.jpg
Giorgi Jakonia
System Administrator
Team photo 2544-27466.jpg
Markus Baist
Project Manager


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Daniel Bianchini
Project Manager


Advisors[edit]

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Karan (Kay) Khemani
Chief Executive Officer of SPECTRE
Team photo 2544-27442.jpg
Miguel Palencia
Chief Information Officer at Qtum Foundation
Team photo 2544-27443.jpg
Andrii Matiukhin
Chief Technical Director at Hacken


Team photo 2544-27444.jpg
Nodar Kolmakhidze
Chief Investment Officer at Cindicator
Team photo 2544-27445.jpg
Davit Mrelashvili
Region Lead: CIS & Eastern Europe of ZenCash
Team photo 2544-27446.jpg
Vasil Revishvili
Partner, CIO at Thales Investments


Team photo 2544-27447.jpg
Hitesh Juneja
Chief Marketing Officer at SPECTRE
Team photo 2544-27448.jpg
Daniel Espaillat
Entrepreneur/Cryptocurrency Investor/Bitcoin Enthusiast/ICO Advisor



Milestones[edit]

  1. July 2017
    Initial round of private funding of 1 million USD.
  1. September 2017
    Construction of 11000 megahash GPU farm.
  1. November 2017
    Construction of 1 MGW diversified farm in TFZ.
  1. April 3, 2018

    Presale of Ambit MiningICO.
  1. February 2018
    Existing 1MGW farm 100 % ROI.
  1. January 2018
    Existing GPU Farm 100 % ROI.
    
  1. April 14, 2018

    Main sale of Ambit Mining ICO.
  1. May 2018
    Laying foundation for Ambit Hosting and mining facility.

  1. July 2018
    Hosting Services go live.
    
  1. October 2018
    First full dividend payout from Ambit Hosting and Mining Farm.
  1. September 2018
    Ambit Mining Farm is completed.
  1. August 2018
    First dividend payout from the Ambit hosting income.
  1. May 2019
    100% Return on Investment achieved, Cloud mining service offered to the token.


  1. Q2 2020
    Acquisition of hydroelectric station for the extra source of electricity.
  1. Q3 2021
    Production of own ASICS chips.

Ratings[edit]

Expert photo vladimir-nikitin-1530028867.jpg

Vladimir Nikitin - ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on 2018-04-24

Rating
Team Vision Product
3 3 2

Expert photo paul-mears-1517780392.jpg

Paul Mears - ICO investor, cryto trader
Rated on 2018-03-30

I saw these guys in Zurich this week. They have a very good project with many benefits whihc you will not be aware of unless you read the white paper and look into more. They are in a economic special zone, no VAT, no taxes , low power costs in one of the upcoming countrie sthat is very good for new investments. They have done well so far , have a modular system and are a lot in their favour. They are a way better bet than some of the other ones in this field who have failed to deliver like the two girls. Good luck to team and I hope that coming from Georgia does not impact the raise for you. They have also not got a shopping list of name plate adviosr but a lits of advisors who will be very beneficial on the business side, shame more dont follow that example

Rating
Team Vision Product
5 5 5

Expert photo benchy.jpg

Benchy - ICO Analyzer Bot
Rated on 2018-10-17

Rating
Team Vision Product
0 0 0