Oct 25, 2017 Uncategorized Comments Off on GMO Internet’s Bitcoin Mining Business Launches Token Sale (ICO) for the Sales of Next-Generation Mining Boards
TOKYO, Oct. 25, 2017 (GLOBE NEWSWIRE) — GMO Internet’s (https://ir.gmo.jp/en/) Bitcoin mining business will launch a token sale (ICO) in 2018, the purpose of which is to sell next-generation mining boards. We will issue tokens as a method to buy next-generation mining boards.
GMO Internet’s Bitcoin mining business
Cryptocurrency (Bitcoin) mining business requires computers enabling highly sophisticated and intensive computation and also requires securing stable power supply to operate and cool the computers. Accordingly, GMO Internet is currently preparing to provide the following with an aim to enter the Bitcoin mining business.
After the launch of the Bitcoin mining business, we will also sell our own next-generation mining boards.
Launching token sale for the sales of next-generation mining boards
GMO Internet’s Bitcoin mining business will launch a token sale (ICO) in 2018, planning the sales of next-generation mining boards.
We will consider properly the laws and regulations that are applicable to us under the current legislation including Payment Services Act and the Financial Instrument and Exchange Act, and will be conscious of the protection of token purchasers and stakeholders’ profits when designing the token sale.
GMO Internet Group
Group Public / Investor Relations