The current token price is 1 ETH for 575 SBM tokens during token sale. Hodl the tokens in your erc20 compatible wallet and receiving lifetime ETH dividends directly into your wallet at the end of each consecutive month. A token sale in June will entitle SBM holders to receive their first dividend payout at the end of June.
Dividends will deploy on the last day of each month. It would not be advised to trade your tokens until you receive your dividends on such days. Factors such as rising difficulty and addition of more miners will affect rewards and percentages of dividends. We expect payout to average out at 10% per month of your capital investment.
Snowball Mining is a running operation and all capital raised will leverage the network hash rate that will benefit the entire community through sustained dividends during volatile difficulty/price fluctuations.
Sustainability is key. With therising mining difficulty of Bitcoin, our growth must negate these challenges as we continue operation and prep for the long-term.
This project is unique in the sense it is already in operation and the funds raised through this token sale will be used to expand the network hashrate while rewarding the investor with sustained dividends each month.
Started as a Graphic Designer and expanded towards Filmmaking and Branding with an experience of 8 years with clients such as Jägermeister and Vice. After discovering the blockchain and crypto world, he decided to focus on building an identity for Snowball Mining.
Has 4 years experience with a telco vendor as application integrator and worked 8 years for a telco operator as a monitoring expert. Currently managing a team to build a network operation center. Now working as a developer on web applications.
His interests include learning, networking and empowering others. Michael has a bachelor’s degree in International Business Administration, which he obtained from Lauder Business School.
Worked as a community manager for various companies in various industries since 2015, in the recent bull run discovered the crypto market and its potential. Started learning as much as possible and loved the technical side of the crypto community. Blockchain Enthusiast since.