RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Windmine STO (WMD)

Wind powered cryptocurrency mining farms

Windmine AG, aims to build a state of the art windpark facility near Liepaja, Latvia. The windpark will run 15 latest tech wind turbines (Enercon E-126 EP3 4MW with 86m HH) with a total capacity of 60 MW. The project has an estimated construction time of one year, annual energy output to North European power grid over 145.000 MWh and expected economically active lifespan of 25+ years.

The team behind Windmine, has taken an innovative approach to funding the project, via STO (Security Token Offering) and a token issued on top of the Ethereum blockchain. Token issuing is registered at FMA Liechtenstein making it secure digital asset ensuring protection of token holder interests to the highest existing standards.

Start: Apr 1, 2019
End: Sep 1, 2019

Windmine Score Analysis

  • Total 0
  • Integrity 1
  • Team 3
  • Vision 0
  • Product 0
  • Marketing low-mid
  • Community low
  • Risk high

Wind Mine ICO is aiming to create a cryptocurrency mining operations' that is powered from the electricity generated from windmills. There are a number of both centralized and decentralized competitors in this saturated market with a more mature product. The project’s whitepaper forgoes mentioning any competition and is missing important information about the ICO such as a roadmap, information about the token, and market analysis. There are a number of concerns with this project. Although team members have experience in working in renewable energy, the project does not make clear who does what in the project, and there are no designated positions. There is no stated CEO, CTO, dev team, or CMO. None of the apparent team members have their place of work listed on linkedin. The level of development for this project is unclear. The marketing and community status for this project is also abysmal with a below average amount of posts and followers.

Windmine Use of Token

Token will represent debt bonds in our company. The annual interest rate will be 6%.

  • Organization

    Windmine AG

  • Platform

    Ethereum

  • Coin type

    Security Token

  • Category

    Energy & Utilities

  • Soft cap

    1,000,000 USD

  • Max cap

    65,000,000 USD

  • Max supply

    65000

  • Price

    1.13 USD

  • Website

    outlink
  • Socials

    • outlink
    • outlink
    • outlink
    • outlink

Windmine Use of Proceeds

Windmine Team Members

  • Kristaps Stepanovs
    Kristaps Stepanovs Team Member Linkedin logo
  • Maris Brieze
    Maris Brieze Team Member Linkedin logo
  • Kaspars Zvaigzne
    Kaspars Zvaigzne Founder and CEO Linkedin logo
  • Guntars Vempers
    Guntars Vempers Team Member Linkedin logo
  • Maris Linde
    Maris Linde Team Member Linkedin logo
  • Viesturs Brakovskis
    Viesturs Brakovskis Team Member Linkedin logo
  • Cal Evans
    Cal Evans Team Member Linkedin logo
  • Kristaps Mikasenoks
    Kristaps Mikasenoks Team Member Linkedin logo

    Windmine Past Events

      Windmine Future Events

      • 31 March, 2019

      • 30 June, 2019

      • 30 September, 2019

      • 30 June, 2020