Miner One is a different breed of mining operation. It can´t be labelled a mining pool, because it doesn’t rely on participants’ computing power to operate. It can´t be catalogued as the familiar and standard mining companies we are used to, as it doesn’t rent hashing power and charge administrative fees to profit. The main difference and what's at the basis of the Miner One business model is the ERC20 MIO Token, which represents membership in the Miner One community and a share of what the Miner One mines.
The ICO token supply represents 82% of the total token supply, so there will be a total of 287,000,000 tokens available, for a starting price of 0.00065 ETH each at the offering. The ICO funding target is 3,000,000 USD, the funding cap is 200,000,000 USD and is expected to end on 15 May, 2018 or when the funding cap is reached.
Token Reserve Split (18%):
The Miner One ICO campaign will feature Bonuses, a Bounty campaign, and the token will not be mineable.