Question 1

Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?

Accepted Answer

Hi Teddy, Pleasure to meet you. Thanks for asking. Please find the answers below. a) Our burn rate is extremely low as we are still pre-operational and most of our staff is on sweat equity. We've been taking our time with deployment because we hope to be profitable immediately. b) We do have enough cash on hand to make a small impactful deployment. The crowdfund will help strengthen this first critical step. c) We are open to many different types of funding including institutional, VC, and CF...

Question 2

Do you have full investor presentation slide ?

Accepted Answer

Hi Ky. Thanks for asking. We have put forward many pitchdecks for various investors. Per the crowdfund rules, all information pertaining to this raise needs to be on the wefunder page. Do feel free to reach out if you need anything further.

Question 3

Is it possible to lease land to the company?

Accepted Answer

Thanks for asking. Only if the land comes with a cheap and reliable power source.

Question 4

Hello, I have a question about the principal security holders How much equity have the directors personally contributed to the company? I noticed that Mati and Oz each own 29.16% of the company. Could you share Doug’s ownership percentage too? I’m interested in understanding e...

Accepted Answer

Unfortunately we cannot at this time. The form C represents the full financial disclosures pertaining to the crowd raise.

Question 5

Hello, I have a question about revenues. I'm assuming your revenue model revolves around earning mining rewards and fees from running your own miners in your own facilities, but in the offering it mentions, 'The Company plans to earn revenue by building and maintaining facilit...

Accepted Answer

Great question Mohd!! Yes, at the moment mining is our primary revenue stream and we also have a client hosting with us making for additional revenue each month. Without giving away too many secrets, In the near future we plan to offer more exciting products bringing additional value to our community and opening more revenue streams. -Mati

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