PACKETMINING – Smartphone Cryptocurrency Mining

JigaMola

The World’s First Packet Switched Cryptocurrency Mining Only for Smartphones-Powered by the blockchain for the non-technical user – PacketMining is a cryptocurrency mining platform that is built to operate exclusively on a smartphone application. PAKT coins are mined by users with packets switched through a network of app peers that ensures the technology can be utilized by the entire global smartphone user base.

PacketMining is a blockchain based augmented application and server side code set that allows general consumers to utilize their smartphones to mine for reward coins without the inherent complexity of distributed ledgers and algorithmic decryption as a known aspect.

‘Packet Miners’ earn PAKT coins for performance of tasks during hourly ‘Mining Cycles’ and save their earned coins on a secure wallet. PacketMining allows users new to blockchain technology to easily launch into cryptocurrency mining without all of the technical obstacles normally associated with this domain.

MOTIVATION

The development of PacketMining was entirely motivated by the inaccessible way in which high market capitalization cryptocurrencies like Bitcoin are prohibitively expensive to mine and that the technical skills required to mine lesser coins or node them is technically out of the range of the vast majority of the public.

So an opportunity was born; push the OG mining fun of the early days back into the realm of accessibility and make it considerably less technically burdensome by utilizing the most ubiquitous available platform, the smartphone, with it’s 2 Billion rabidly active user community.

Attempts were made previously to algorithm mine on the smartphone platform, mostly unsuccessfully, as the base rudiment of calculation requirement ensures difficulty in providing a comfortable and consistent user experience.

Given another fundamental approach must be then taken, we envisaged the use of the packet switching model along with gamey elements to provide a perfect synthetic mining experience, that would be accessible to all and authentic with its delivery of coin rewards to the miner user participants.

OPPORTUNITY - Developing Smartphone Mining

We are helping the 2 billion global smartphone users to access cryptocurrency mining. Currently this community of users can’t access all of the benefits of blockchain mining technology so we want to get them an application and provide a very simple solution.

GOAL - Bringing Crypto Mining to the Masses

The PacketMining Team is dedicated to being the first globally recognized smartphone only cryptocurrency mining platform.

By providing an uncomplicated solution, we plan to attract a large audience of users and bring PAKT to an exchange Q3 2018. Our users will access the entire services they need from a single device and access our blockchain technology through their mobile wallet. Simplicity equals adoption!

BENEFITS OF PACKETMINING

Ease of Use
Global Market
Proprietary Blockchain Coin
Targets Smartphone Platform
Free Application on Android/iOS
Encrypted Storage of Mining Rewards

WHY CHOOSE PACKETMINING?

A smartphone friendly application interface that leverages the blockchain to allow for fun and relatively easy coin mining.
A platform that creates a new class of ‘Packet Miners’ that’s sticky gamey, approachable and provides an exciting new way to participate in the blockchain technology hype without the encumbrance of technical hurdles.
An internal exchange that allows for coin removal and transfer of coins between Packet Miners.
A finite model that distributes post ICO coins from the total distribution in a manner consistent with the number of cycle miners and the one hundred and twenty month post-ICO end date for full PAKT coin distribution.

ICO DETAILS

Seed Stage

Start Date: March 10, 2018, Saturday, 00:01 AM (GMT)
End Date: April 10, 2018, Tuesday, 23:59 AM (GMT)
Purchase Rate: USD $1.00 = 22 PAKT
Seed Stage Amount: USD $100,000.00
Number of Seed Stage PAKT: 2,200,000
Coin: PAKT
Seed Stage Purchase Bonus: 19,969%
Project protocol: Litecoin Fork

Pre-ICO Stage

Start Date: April 11, 2018, Wednesday, 00:01 AM (GMT)
End Date: May 11, 2018, Friday, 23:59 AM (GMT)
Purchase Rate: USD $1.00 = 1.7 PAKT
Pre-ICO Stage Amount: USD $1,000,000.00
Number of Pre-ICO PAKT: 1,700,000
Coin: PAKT
Pre-ICO Purchase Bonus: 1,543%
Project protocol: Litecoin Fork

ICO Stage

Start Date: May 12, 2018, Saturday, 00:01 AM (GMT)
End Date: June 12, 2018, Tuesday, 23:59 AM (GMT)
Soft Cap: USD $3,000,000.00
Soft Cap Purchase Rate: USD $1.00 = 0.40 PAKT
Number of Soft Cap PAKT: 1,200,000 PAKT
Soft Cap Purchase Bonus: 363.08%
Hard Cap: USD $10,000,000.00
Hard Cap Purchase Rate: USD $1.00 = 0.11 PAKT
Number of Hard Cap PAKT: 650,000 PAKT
Coin: PAKT
Hard Cap Purchase Bonus: 0%

PAKT Coin Distribution

80% of the PAKT Coins will be distributed to the Miners over a 120 month period through rewards. The remaining 20% is allocated to the ICO and management.