FiveStarMiningNetwor is a pioneering crypto mining project that promises guaranteed profit to investors each month by securing their investment with other ERC20 tokens. FSMN is the token ticker of this ICO with a total token supply of 10,000,000,000.
The project, founded in 2018 in London, uses an encryption method backed up by encrypted coins. This state-of-the-art technology used by this digital assets mining farm maximizes the benefits and efficiency of mining while maintaining low emissions. With regards to the timeline, the private ICO pre-sale started in August 2018, while the pre-sale is scheduled for September 2018.
How does it work?
80% of the raised funds from the Initial Coin Offering are going to be used for Bitcoin and other ERC20-type token mining processes. The revenue gained from crypto coins mined by the FiveStarMiningNetwork farm is going to be used for covering maintenance, utility bills, and other expenses. The remaining revenue will be used for a buyback scheme.
FSMN coins are bought directly from token holders at exchanges, which helps to maintain high demand and coin price levels, as fewer coins are left, which become more valuable.
The pre-sale price of FSMN is 0.001$ per coin; its value is expected to increase continuously in the next months.