En
  • En
  • Ru
  • Kr
  • Jp
  • Cn
  • Fr
  • It
  • De
  • Sp
  • Pt
  • Tr
  • Pl
  • Ar
  • Ph
  • Id
  • Hi
  • Nl
  • Vi
  • Cs
  • Gr
  • Ro
  • Hu
  • Dk
  • He
  • Hr
  • Sr
  • Lv
Sign in Sign up
#Mining All projects

Ambit: Next generation mining infrastructure

Mining operation established in the free economic zone

stage Ended crowdsale

KPLs

  • Employees19

Team

19
man Beka Vashakidze

Founder & CEO

Serial Entrepreneur & Blockchain pioneer in Georgia, CEO of BFgroup holding Company that operates in Cryptocurrency mining. Has been shareholder of the Companies operating in different industries such as Oil and Gas, Fintech, Digital Media and FMCG sector. Founder of the Youtube Channel: "CryptoCurrency Network" - CCN; online media channel with up to date information about Cryptosphere.
CCN became popular for its daily vlog about building the 1 Megawatt, diversified mining farm in the Free Economic Zone in Tbilisi.

man Giorgi Inashvili

Chief Operational Officer

6 years of experience in a multinational FMCG company running various projects ranging from sales and logistics to marketing. Managed the allocation of the marketing budget of over one million GBP on yearly basis. Blockchain enthusiast and investor in cryptocurrencies. Skilled in Negotiation, Business Planning, and project management. With a Bachelor of Arts (BA) majoring in Economics, from Macalester College.

man David Kochiashvili

Lead Software Developer

Solidity developer, NEO Virtual Machine Architect with 2 years of crypto developing experience and More than 20 years of professional experience as of software Development. Senior Developer of TBC Bank, Constanta bank, Geocell; Expertise: BigData, Blockchain, software for Banking and Telecommunication.

man Aleksey Kuksin

Software Architect

More than 20 years of experience in Software engineering and programing. Former Manager of Big Data Engineering at Nomis Solutions. Former Big Data Engineer at Motorola and former Software architect at Nokia Siemens Networks. Experience in working programming languages: [Scala, Java, C++, C, Go, Swift, kotlin, Python, ECMAScript, Solidity, Shell, R, SQL, HiveQL, PL/SQL, T-SQL].

man David Gelashvili

Partner at BDO Georgia

Experience in advising clients on corporate matters, real estate issues, tax planning, labor law matters, as well as representing clients before respective courts and administrative bodies. He has been providing legal support in incorporation of entities as well as in merger and acquisition transactions. Activities include consultancy in the processes of obtaining licenses and permits for various business.


Advisors

8
man Karan (Kay) Khemani

Chief Executive Officer of SPECTRE

CEO of a new blockchain based, decentralised trading platform aimed at disrupting digital options and B-Book FX retail trading – Spectre.ai; Former Executive Director at Goldman Sachs.

man Miguel Palencia

Chief Information Officer at Qtum Foundation

Software engineer. He has 5 years experience in blockchain technology and 16 years experience in web development, block explorers & mining pools. He is a Former CTO of VeChain, and currently is an integral part of QTUM team.

man Andrii Matiukhin

Chief Technical Director at Hacken

Andrei successfully managed complex technical solutions for dozen projects in several countries for commercial companies and Government Agencies, national Banks, Olympic Games. He has extensive experience in security and IT solutions.

man Davit Mrelashvili

Region Lead: CIS & Eastern Europe of ZenCash

Davit is a seasoned business executive with and entrepreneur originally from Georgia. He has both MD and MBA degrees, and graduated from the Singularity University executive program. He has increased his involvement in future technologies and fintech, and is passionate about making the economy more individualized, efficient, and friction-free.

man Nodar Kolmakhidze

Chief Investment Officer at Cindicator

8 years in Finance. 5+ years in trading and asset management. Master's degree in Finance. Black Swan catcher. Successfully shorted Russian market right before the Crimean crisis in February 2014, the U.S. stock market before the panic selloffs in August 2015 and January 2016, as well as before Brexit and Trump's election. Responsible for the development and implementation of new trading strategies.


Press




Crowdsale details

Distribution of tokens
  • Crowdsale (85%)
  • Team & Advisors (9%)
  • Company Reserve (3%)
  • Bounty (3%)
Budget allocation
  • Total Hardware + Hosting (85%)
  • Operation (6%)
  • Research and development (5%)
  • Marketing (4%)
Details Indicators
Token Symbol AMBT
Full Token Name AMBT Token
Pre-crowdsale Start April 10th, 00:00 GMT+03:00
Pre-crowdsale End April 27th, 00:00 GMT+03:00
Crowdsale Start May 1st, 00:00 GMT+03:00
Crowdsale End Hard cap is reached or May 30th, 00:00 GMT+03:00
Crowdsale Hard Cap Fixed, $40000000
Crowdsale Soft Cap Yes, $3000000
Domain registration date 2017-12-10
Domain owner Beka Vashakidze

Cost of the token

1 token for 0.5 $

Price without discounts

Accepted currency

  • Bitcoin
  • Ethereum


Rate the project

Estimate the project on a five-point scale or switch to the simple scale

Five-point scale Simple scale

Relevance of the problem and Market size

1 2 3 4 5

Product competitiveness

1 2 3 4 5

Founders, Team & Advisors

1 2 3 4 5

Budget allocation and roadmap

1 2 3 4 5

Token economy, Tokenization & Business model

1 2 3 4 5

Distribution & Lock up of tokens, Discounts for early buyers

1 2 3 4 5

Summary rate the project

1 2 3 4 5

FAQ

FAQ

WHERE IS AMBIT LOCATED?

Ambit mining is located in Tbilisi Free Industrial zone, Georgia, One of the most crypto friendly countries in the world, with favorable regulations, abundant green energy, and very business supportive environment.

WHAT ARE THE ADVANTAGES OF AMBIT MINING?

Ambit is located in Tbilisi free economic zone. We have low-cost green electricity at 0.05 USD per kW/h, exemption from corporate, income and value-added taxes. We will be using the most advanced available mining equipment from major hardware manufacturers, as well as cutting-edge cooling and wiring solutions to ensure maximum efficiency and profitability.

IS AMBIT ECO-FRIENDLY?

Ambit Mining will run on 100% green hydroenergy, Which is the main power source in Georgia. Our goal is to use only renewable and sustainable energy resources. Green energy is the future of the blockchain and mining business, with our eco friendly approach we will make the mining business adaptable for a wider audience.

WHO CAN INVEST?

People from all nations can participate in Ambit mining ICO except residents of the United States and green card holders. All participants need to check their local legislation before investing in an ICO.

WHAT IS MINIMUM INVESTMENT?

The minimum investment is 100$ equivalent of ETH or BTC.

WHAT FORMS OF PAYMENTS ARE ACCEPTED DURING THE ICO?

Investors can pay by transferring BTC or ETH from their personal wallets (note: do not transfer funds from exchanges, as those transfers cannot be credited).
When paying in cryptocurrencies, a transaction fee is charged by the relevant blockchain's infrastructure. You set its amount, and the transaction speed is determined by the transaction fee you have set.

WHEN WILL THE PAYOUTS BEGIN AND HOW WILL THEY WORK?

The first payments will begin from the hosting facility within 4 months after the end of ICO, full payouts are planned to start 6 months after the ICO.

DO I NEED A SPECIAL WALLET FOR THE TOKENS?

You will need an ERC20 compatible wallet to store your AMBT tokens.

WHAT IS THE KYC PROCESS?

Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients and it is very important for any financial institution. KYC process is essential for Ambit's future growth.
Verified KYC profile is mandatory to unlock your AMBT tokens during Pre-Sale and ICO sale. All KYC documents would need to be uploaded to our website. Only post verification, you will be able to activate your AMBIT tokens.

WHAT HAPPENS TO UNSOLD TOKENS?

Unsold tokens will be burnt at the end of the ICO.

WHO RECEIVES THE REST OF THE TOKENS?

The rest of the tokens get distributed between Management, Advisors, Partnerships, Bounty and Community.

WHAT IS THE PRICE OF AMBT TOKEN?

1 AMBT is worth 0.5 USD

WHAT IS THE MINIMUM INVESTMENT REQUIRED TO INVEST IN PRE-SALE?

The minimum investment required to participate in AMBIT ICO Pre Sale is 1 ETH.

IS THERE A DISCOUNT STRUCTURE FOR AMBIT ICO?

Yes, we have a discount mechanism for the ICO sale and it is given below:
Pre-Sale
Tranch I - 17,000,000 tokens 20% discount | 10 April, 2018
Main Sale
Tranch II - 20,000,000 tokens 10% discount | 20 April, 2018
Tranch III - 20,000,000 tokens 5% discount | 27 April, 2018
Tranch IV - 31,000,000 tokens no discount | 04 May, 2018

CAN I SEND ETH FROM EXCHANGES?

No. To participate in the Ambit ICO, you would need to send Ethereum or Bitcoin from your personal wallets only. You can use one of the following wallets: MyEtherWallet, MetaMask, Mist, Parity etc.


or

or