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Moonlite is a new mining project. I always like mining, but where to start. The team is located in South Africa and the project will be in Iceland. so already, hum.
The team is rather weak and there’s no IT guy. They plan to recruit IT as employees. The founder already has a small mining company, so it’s a plus.
The roadmap doesn’t make much sense. They plan to be ready for 2018 Q2, but nothing is done yet.
The business opportunity is also unusual. they plan to buy back all tokens in exchange of a bonus from their profit. So for instance, if the token will be worth in one year time €1, they would pay somewhere around €1,15. so, it’s really a long-term token discount with high risks.
Nothing convincing here.