Pieta.

About Pieta. 

The Pieta solution aims to reduce electricity consumption in the mining process by up to 50% enabling investors to gain better returns along with more bonus from their Pieta token investments. Pieta token enables users to engage in quick and cost-effective blockchain mining for returns. Asset Tokenization and Public Distributed Ledger is one of the key feature of Blockchain Technology.

It not only ensures creation of secure digital assets of all types and size, but also facilitates frictionless transaction of these digital assets among community members and crypto enthusiasts alike.

Bitcoin, the first known real world usage of Blockchain, was anonymously introduced to a specific list of renowned people who believed in decentralization and cryptography. Over the years Bitcoin gained great momentum and public response and in the process turned Blockchain the Apple of everyone’s eye in the global technology landscape. The rise and rise of Bitcoin and subsequent cryptocurrencies triggered a race for faster blockchain adoption among crypto enthusiasts, entrepreneurs and companies alike.

This is a technology adoption wave unwitnessed even during the great Industrial Revolution And the Internet Revolution of the early 90’s. But as they say “With Great Powers Come Even Greater Responsibilities”, the underlying needs for a seamless Blockchain Ecosystem has a set of prerequisites which if left unattended can trigger a whirlpool of unwanted events affecting one and all from Blockchain solution seekers, investors to solution providers at large. Key impact areas include primarily transaction speeds, block verification and subsequent addition. Key impact areas include primarily transaction speeds, block verification and subsequent addition. This is particularly evident in blockchain environments with a large active user base. This inadvertently affects Miners too.

Miners are the lifeline of a blockchain ecosystem. They are incharge of adding transaction records of a specific public ledger of past transactions or blockchain. Any significant increase in number of transactions requires proportional increase in mining speed for the Blockchain ecosystem to function uninterrupted. Miners are important support pillars for any Blockchain based real world solution. It employs large units of powerful computing machines to verify transactions for a self-sustaining middlemen free decentralised environment.

As the number of transactions increase the need for faster and efficient mining increases too. This pushes Miners to employ more powerful computing machines which overshoots their operational costs. In order to to keep the wheels moving either this cost has to be borne by the platform users or in the worst of cases shut operations all together. There also have been instances of Miners teaming up to form a cartel and selectively selectively exclude some transactions. Mining oligarchs is one threat that decentralised blockchain structures must be wary of.

About Pieta Ecosystem

Q. 1. Content of Teaser

In this teaser of the Pieta ecosystem, you will find brief details of the Pieta project, including the profit structure, revenue model, ICO sale, mining equipment, etc. These FAQs have been prepared based on the common questions of the existing and potential investors of the Pieta ecosystem. All your questions about Pieta have been answered here. 

Q. 2. What is the profit structure of Pieta? 

In this teaser of the Pieta ecosystem, you will find brief details of the Pieta project, including the profit structure, revenue model, ICO sale, mining equipment, etc. These FAQs have been prepared based on the common questions of the existing and potential investors of the Pieta ecosystem. All your questions about Pieta have been answered here.

● Mining Profits:

Mining of cryptocurrencies using Pieta’s solar energy platform will begin soon after the end of the ICO sale. 20% of the overall mining profits will be distributed among the Pieta investors, who purchased the tokens during the ICO/pre-ICO sale, according to their investment ratio. For instance, an investor who purchased 10% of the total ICO tokens will get 10% (of 20%), i.e. 2% of the overall mining profits generated by the ecosystem.

● Early investors:

(who stage during the pre-ICO stage) will further benefit as the price of the Pieta token will increase from $0.25 to $5 by the last ICO stage.

● Exchange profits: 

The price of Pieta tokens is expected to get double as soon as hits the major exchanges, because of the low-cost crypto mining service provided by our system. There is a huge demand for low-cost energy for the mining process which will increase the demand for Pieta tokens. As the demand increases and the supply is constant, the price of the token will increase heavily in just a few days of trading. Investors and holders of Pieta tokens will benefit immensely by selling their shares.

● Discount on Mining Contracts: 

For the first two years, buyers will get a 20% discount on purchasing Pieta mining contracts using their Pieta tokens.

● 20.0% Investors 

● 80.0% Overall Mining Profit 

Q. 3. How will Pieta Earn Profit?

As already explained, the major source of Pieta’s earning will be cryptocurrency mining, which will begin soon after the conclusion of its ICO sale. The Pieta mining platform will be enabled for low-cost mining of a range of top cryptocurrencies including the Pieta coin. The profits earned via mining will be shared among the investors, users and the Pieta team. 

Q. 4. How Pieta will Equip Machine For Bitcoin Mining? 

Pieta will make a contract/agreement with Bitmain, which is a famous cryptocurrency mining hardware company, for building its own custom mining rig which will operate by using solar energy harnessed through Pieta’s own solar plants. 

Q. 5. Where will be the Pieta mining workshop? 

Pieta will establish a number of offices/workshops across the globe. Our two major headquarters will be located in 1) Middle East (Saudi Arabia) and 2) Europe (Germany), while our primary solar workshop will be developed in South Africa. 

Q. 6. How much % dividend for investment in pieta? 

As already explained above, investors will get a 20% dividend in the profits earned via Pieta coin mining, which will be distributed according to their original investment ratio.

● 20.0% Divident

● 80.0% Overall Mining Profit 

Q. 7. How many people does your team have?

The primary team of Pieta consists of 7 people, who are experts in their respective industries and hold years of experience. 

They are: 

1. Rawi R. Alsayed (Investors & Founder of Pieta)

2. Mahmoud Ramadan (CEO & Lead Blockchain)

3. Islam Khairy (Senior UI/UX Designer)

4. Azedine Alexander (Networks Administration & IT Security)

5. Amed salioy ( Blockchain Developer)

6. Shehzad Khan (CTO)

7. Muhammad Kashif (PMO)

Besides the primary team, we have a strong team of advisors who are constantly helping the ecosystem improve through their valuable suggestions and assistance. 

The Pieta advisor team includes:

1. Adam S. Tracy (Legal Advisory)

2. Mohsin (Investment Advisor)

3. Divakar Singh (Programming Expert)

4. Tanveer (Blockchain Programmer)

As you can see, the Pieta team members are young people of different nationalities and different states, everyone works in collaboration to implement the idea of Pieta. In the next few days, a lot of new advisors will join the Pieta platform.

Q. 8. What is the total (current) rate of growth? 

In terms of investment, Pieta ICO sale is running quite successfully. The pre-sale is almost finished and we have already reached the soft target, with more than 12,000 investors have already joined the project. The public ICO sale of Pieta will start soon, and we are very hopeful to see more people investing in the project.

9. How will these funds be allocated? 

The funds raised through the ICO sale of Pieta will be allocated in the following manner:

● 35% Branding and Marketing

● 20% Development & Infrastructure

● 20% Investment & Charity

● 15% Group Operations & Administration

● 5% Legal & Finance

● 5% Platform Operations & Security Audits

10. Is there any risk to my investment in Pieta? 

What are they? 

As we said, we are very hopeful to complete the ICO sale on a happy note and receive all the funding we will need to develop the project in the best manner. There is a slight risk of not achieving the target funding to build the project, but we will not stop in any case. We will continue to try until the necessary funds are collected or the project will be started with the funds already collected.

As an investor, you have no risks whatsoever, as Pieta will certainly produce great returns on your investments.

For more detailed information, please visit the link below:

● Web: https://pieta.network/

● Whitepaper: https://pieta.network/WhitePaper.pdf

● Ann Thread: https://bitcointalk.org/index.php?topic=5120832.0

● Facebook: https://www.facebook.com/Pietacoin/

● Twitter: https://twitter.com/pietacoin

● Telegram: https://t.me/pietacoin

● Linkedin: https://www.linkedin.com/company/pietapitc/

● Medium: https://medium.com/@pietacoin

● Instagram: https://www.instagram.com/pietacoin/

● Youtube: https://www.youtube.com/channel/UCNCcxW9MwZc6UFqdPhuBkAg/featured

AUTHOR

Bitcointalk Username: Dewi08

Telegram Username: @ dhewio8

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088

Wallet address (eth): 0x53D1Ea8619E638e286f914987D107d570fDD686B