Meteor Games: SWISS ALPS MINING (SAM) TOKEN REVIEW

FIND US ON :

https://tokensale.swissalpsmining.io/ INTRODUCTION

Mission
Swiss Alps Energy AG is the first company with a revolutinary solution to save up to 50% of its electricity costs by using mining cubes powered exclusively by renewable energy and ORC recovery of waste heat from the mining equipment. This represents a solution for a global problem facing the industry. The much lower boiling point of water at high altitudes where the cubes are positioned makes energy recovery considerably more efficient. This makes mining significantly more profitable, protects Swiss cultural heritage, and saves energy.

What is Swiss Alps Energy AG (SAE)?
Swiss Alps Energy AG (SAE) is a distributed ledger-based energy supplier and an operator of flexible modular mining infrastructures that are intended for long-term stationary use. Thereby, SAE preserves unused buildings in the Swiss alps and uses them sensibly and without interference with either building structure or the environment.

Swiss Alps Energy AG is Swiss Alps Mining & Energy's operating business. Members of the team come from fields such as blockchain technology, crypto currency mining and hyperledger applications developers and specialists, as well as civil engineers, infrastructure engineers, and energy experts.The team has successfully developed and launched several products, solutions and applications based on the blockchain technology. The company is currently going through the application phase in order to become a member of a Swiss self-regulatory organization (SRO).

SAE concept
Out of its unique position as an experienced Swiss provider of blockchain technology and hyperledger-based business applications, Swiss Alps Mining & Energy strives to:

• promote blockchain technology and its uses to a broader public

• provide clients/third parties the decentralized infrastructure to develeop their own blockchain-based projects

• address environmental issues associated with crypto mining worldwide

• support the local economy in Swiss alpine areas and facilitate the digital transformation in these areas

• be an electricity supplier using the distributed ledger technology

SAE cubes
A sophisticated modular cube system allows Swiss Alps Energy AG to build and implement prefabricated dust-protected mining components on-site. Ideto become a member of a Swiss self-regulatory organization (SRO).

SAE potential
Switzerland, a safe country with high environmental standards set in place, is growing into the center of blockchain technology. Due to a good and cheap supply of renewable energy, Switzerland is a very attractive location for mining facilities as profitable mining is possible.

SAE energy
Swiss Alps Energy AG uses renewable energy only. Long-term whole-sale purchasing agreements and the management of the company’s own small hydropower plants allow for a highly profitable operation of the mining facilities. This is especially significant since energy costs account for a major part of the total cost of crypto mining, and traditional mining facilites predominantly use dirty fossil energy sources. We are convinced that the next generation of electricity grids will be smart and flexible. Through the decentralized grid, they will be fed by private renewable energy providers as well.

SAE future
Swiss Alps Energy AG provides the foundation for many future-oriented applications: financial asset custody and transfer, product tracking through blockchain and IoT in logistics and transportation, electronic records in healthcare, and identity management to simplify the KYC process for any conceivable industry are just some examples of how distributed ledger technology can be used. In addition, SAE has developed a sustainable concept to address the disintegration of cultural assets in Alpine areas, while at the same time supporting their economy and digital transformation.

Swiss Alps Mining & Energy

Introduction
Swiss Alps Mining & Energy strives to enable environmentally friendly mining of crypto currencies in the Swiss alps. Swiss Alps Energy AG (SAE) is Swiss Alps Mining & Energy’s operating business. SAE is a Swiss startup company in the area of crypto mining and energy, located in Huenenberg, Canton of Zug.

Blockchain, crypto currencies, and environmental issues
Blockchain technology revolutionizes the view on conventional fiat currencies as it enables the mining of digital currencies. The introduction of bitcoin changed the entire landscape and became the gold standard for crypto currencies

Energy consumption of crypto mining
T infrastructure is one of the largest energy users worldwide. Its yearly energy consumption is estimated to be 416 TWh, of which 29 TWh are consumed by the mining of bitcoin and 10 TWh are used by Ethereum. This equals 0.18% of the worldwide power consumption.

Electricity market EU and Switzerland
The liberlalization and opening of the electricity markets in the EU has led to falling prices for electricity and also implications for Switzerland that are not yet entirely clear. But it is safe to state that the quality of the electricity supply in the EU is quite constant. However, discrepancies between the EU member states can be observed.

Situation in alpine areas
The referendum in 2013 on the revision of the spatial planning act has led to a disintegration of cultural assets in the Swiss alpine regions. «Maiensässe», simple mountain cabins in the Alps, are the product of traditional mountain farming with its classical tiered operation, «but with the decline of the number of farmers, the development of infrastructure and technological development, many buildings have lost their original function». This also applies to barns in the alpine areas. As a result of the legal framework, such unused buildings cannot be renovated profitably, and in many cases, they collapse, since there is no incentive to preserve them.

Opportunities
All the above mentioned arguments provide significant opportunities for Swiss Alps Energy AG’s operational activities:

• the blockchain technology has profound implications for the future IT infrastructure
• the exponential growth of the energy consumption of the crypto currency mining ecosystem requires more energy-efficient and environmentally friendly solutions
• the unsatisfactory situation in the Alpine areas spoils the landscape and is a burden on the residents
• the competitiveness of Swiss producers in the electricity market of the border areas is reduced

Swiss Alps Energy AG (SAE)
SAM Power Plants
By means of direct participation in or the purchase of green power plants such as hydropower plants, photovoltaic systems and wind power plants, SAE does not buy but produce the sustainable and cost-efficient power to operate the SAM Cubes. These power-generating units are the so-called SAM Power Plants. The energy produced is delivered to SAE’s own cubes or halls, which end users/miners can also equip with their own miners. Due to problematic cooling and noise emissions of mining facilities, the demand for suitable premises and electricity is high. SAM can lease both premises and electricity to competitors. Reverse feeding into the public power grid is also possible. However, the respective energy act does not allow for the supply of power to private households.

SAM Cubes
The flexible and modular mining cubes provide cutting-edge automation and require little maintenance. In addition to highly efficient ventilation units, there is an Organic Rankine Cycle (ORC) system, which is in its project phase. ORC systems use the waste heat of industrial processes (through a downstream steam power process) to generate electricity and thus use the waste heat generated by the mining process to recover energy. SAM Cubes are located at high altitude, which facilitates the process of energy recovery, as altitude lowers the boiling point of water. No additional air conditioning systems are needed in outside temperature of up to 30 degrees Celsius.

SAM Smart Mining – samaiX©
SAE customers have the option to join SAM Smart Mining, also referred to as samaiX©. SamaiX, SAE’s proprietary artificial intelligence, continuously calculates the coins are most profitable to mine, and then makes suggestions for miners so that they can adjust their mining accordingly. If a user joins SAM Smart Mining, their profile is powered by samaiX, which tracks and learns their claims in order for samaiX to be able to make appropriate optimization proposals. If a user confirms the suggestion, samaiX will adjust their mining operations to the respective coins.

SAM Centers

In each alpine area where Swiss Alps Energy AG will be operating cubes, a branch office will be installed, so-called SAM Centers. This ensures that in addition to the benefits from the protection of cultural assets the local municipalities may profit from tax revenues. Also, for on-site services such as on-call duty and security, local talents will be recruited and trained for deployment. The SAM Centers promote the economic viability of the respective community and may have a lasting postive impact on other sectors.

SAM Blockchain

SAM PaaS

The blockchain era began with the paper entitled «Bitcoin: A Peer-to-Peer Electronic Cash System», published by Satoshi Nakamoto in 2008. One aspect that is interesting to note is that the paper did not specifically mention the word blockchain. The concept of a blockchain is a peerto-peer network. It assigns date stamps to data sets in an ongoing chain of hash-based blocks via the hashing procedure following proof of work. The result is a data set that cannot be altered without going through the proof of work procedure again

SAM KYC-AML

SAM KYC-AML is a service of SAE that allows online service providers such as banks, the government or e-commerce shops to verify its customers in a simplified manner. This is possible without a customer having to disclose comprehensive data. The customer’s identity is always saved on the central data storage of the service provider and can thus be verified based of the available data

SAM Power Plant

With the SAM power plant, SAE connects two current technological worlds in order to offer a simple and smart solution to sell electricity to the industry

SAE business model

Business model

A sophisticated modular cube system allows Swiss Alps Energy AG (SAE) to build and implement prefabricated dust-protected mining components on-site. Ideal natural temperature conditions enable easy cooling of the mining facilities, which leads to a reduction of energy consumption of up to 30% in comparison to comparable installations. The flexible and modular mining cubes provide cutting-edge automation and require little maintenance. The individual cubes communicate with the central management platform, which in turn monitors the cubes and assigns to each cube the optimal parameter in order to maximize mining for maximum profit.SAE will rent out entire cubes or individual mining capacities from the SAM Cubes – while at the same time guaranteeing highly energy efficient and cost competitive mining. SAE will also give competitors and/or individual persons the possibility to rent mining facilities, and the power needed can be paid in SAM tokens.

Risk analysis

SWOT analysis

The token

The SAM token (Sam) is an ERC20 token. It can be used as a means of payment within the SAE mining and service universe and will be tradable outside the SAM platform on all relevant exchanges.

All services provided by SAE as well as the purchase of power and cubes will be paid in SAM tokens. This includes renting and buying of mining units, electricity supply from SAM Power Plants, hosting of blockchains on decentralized SAM Units, and the development of blockchain-based services such as global KYC.

Token Distribution