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No minimum investment has been fixed yet.
Bitzep does not exclude persons from any nations from participating in the ICO. US residents, citizens, and Green Card holders will need to confirm their eligibility as accredited investors (details here). All participants are encouraged to check up on any local ICO rules.
Investors whose country of residence is Germany may not invest in BZP tokens. Please be advised that this restriction is due to Bitzep's special status as a security token.
As an alternative to providing financial documents, US investors can be automatically accredited if they instead demonstrate proof that they posses a wallet containing at least USD $1 million worth of cryptocurrency.
Austrian residents may only invest amounts greater than 125000€.
There will be no affiliate or referral program for the first round of the ICO. Join our Telegram channel #Bitzep_announcements to receive information when it becomes available:
We accept Ethereum (ETH) and Bitcoin (BTC) cryptocurrencies. Investors can avoid transaction
fees and receive the highest number of tokens by paying with ETH.
Your tokens will be locked (no sales and no payments) until we can secure the community from chargebacks. This period could be anywhere between 2 months and one year. You will not receive any payments during this time, though dividend payments will be made retroactively for the locked period after tokens are unlocked.
Tokens will be purchased directly from Bitzep during the ICO. There is a hard cap of 150 million tokens. Any unsold tokens will not be generated.
The BZP security token is fully compliant with US and Swiss financial authority regulations. BZP tokens may be traded on secondary exchanges after the ICO in addition to public regulated exchanges.
Secondary markets are not controlled by Bitzep. We expect the trading price to rise steadily, but dividend payments for token holders are tied to the real value of mining profits and will not be affected by positive or negative trading price fluctuations.
Weekly payments will be paid to BZP token holders in Ethereum (ETH), although Bitzep hopes to support additional currencies in the future, maybe also USD in case the community asks for it. Payouts are expected to technically begin in January 2018. As mass production starts in spring there will be just a very small number of MMUs online in January. To make sure that the transaction fees do not exceed the payout amount or represent a big part of the payout, we will automatically set minimum payouts based on the transaction fees. Example: If you have just a few tokens and your payout would be one USD and at the moment of payout the transaction fee is also one USD, we will not do a payout for you but save the amount for the next payout period to make sure you do not pay a high percentage of transaction fees. Payouts will continue as long as mining is profitable and will not expire.
You will need an ERC20 compatible wallet to store your BZP tokens. We recommend to use the MetaMask plugin for Chrome as it is the easiest way and does most of the work for you.
Bitzep does not sell our Mobile Mining Units to individuals. We do have options for third-party co-operations for our industry customers.
If you are not an industry customer, then the best option for you is to participate in our ICO. Dividend payouts will begin almost immediately and you will profit from the entire Bitzep MMU operation. https://www.Bitzep.com/en/ico/
If you are an industry customer, then please send us an email to info@Bitzep.com, subject: Purchase Request, with the following information so that we can direct your request to our sales team:
Type of electricity generation for your power plant
Indication of electricity prices at you location
Estimate of how many units you would like to purchase
Bitzep encourages everyone to do thorough research before investing. Our founding team has decades of experience in the German business community and all of their activities are public. Our token is fully compliant with regulations set by the SEC and Swiss financial regulators and outside auditors from one of the Big Four auditing firms will vet every aspect of the business, including prior to the ICO. You can even come to Berlin and see the mobile mining unit in operation for yourself.
Our mobile mining units have multiple layers of security to keep your investment safe.
The first layer of security is provided by virtue of their placement near power plants, which already offer a high degree of physical security.
The available security on site is one of the criteria that are taken into account when choosing an installation location.
The second layer will come from the maintenance and security staff hired to monitor the units deployed in large arrays at the first sites. For example, this might include an external security company that monitors a multi-unit array.
The third layer consists of standard physical barriers like barbed wire and our automated doorman system including heavy locks operated by our servers. This level includes motion sensors, etc. that all report directly to our cloud application.
This software is already running in our first generation of MMUs!
Last but not least, our mobile mining units are insured against theft, damage and natural disasters like floods, so even unavoidable natural catastrophes and adverse events will not threaten our operations.
Bitzep is solving a problem in the green energy industry that has a large impact on the environment: wasted capacity and high costs for renewable plant operators. Renewable energy providers like solar and wind plant owners sell energy below cost or pay to feed into the grid when there is too much capacity. We incentivize the construction of green energy power plants by rewarding plant operators for producing at full capacity. We also reduce the environmental impact of the energy-intensive infrastructure of the blockchain with a patent-pending cooling system that does not use air-conditioning.