Saver Token

 

Saver Token - what is it?

Saver Token is a renewable energy cryptocurrency mining farm and SVR token.

As the price of electricity rises around the world, a smaller and smaller number of people can mine cryptocurrencies and benefit from it. As a result, most cryptocurrency mining remained in the hands of rich and powerful companies. Saver Token aims to fix this by creating a renewable energy cryptocurrency mining farm that anyone can join. At the same time, it would contribute to solving the environmental problem by abandoning the use of traditional energy sources in cryptocurrency mining.

 

About the founder.

The author of the idea became interested in cryptocurrencies in 2017 and since then systematically invested in various cryptocurrency projects.

The idea of creating a cryptocurrency mining farm, which would use renewable electricity for its operation, and a token based on its operation, was born in 2020.

Since then, a company of cryptocurrency enthusiasts has gathered who have continued to nurture the idea.

In August 2022, SVR token was created and project implementation started.

 

Community.

The developers of Saver Token understand how important it is to have a strong community, therefore one of the goals is to gather a community where every member could contribute to the development of the project with their ideas and works.

A strong community cannot be bought. A strong community is brought together by sticking together and working toward common goals.

Even the biggest goals are achieved when we are together.

 

Use of renewable energy.

With the increasing cost of electricity worldwide, mining cryptocurrencies using non-renewable electricity sources may simply not be possible in the future. The purpose of Saver Token for cryptocurrency mining is to use electricity obtained only from renewable sources of electricity.

 

Benefits of renewable electricity sources.

The biggest cost of mining cryptocurrencies is the ever-increasing price of electricity used to mine them. These costs can be minimized by installing solar and wind power plants. Reducing electricity costs leaves more funds for project development and that increases the benefits for investors.

 

Project Implementation.

Establish a company and split it into two divisions. The first division will manage cryptocurrency mining. The second division will manage the installation and maintenance of renewable electricity sources. Splitting the company's activities into two divisions will make it easier to monitor and ensure the smooth execution of tasks, achievement of set goals and optimal use of funds, thereby maximizing value for SVR token holders.

 

SVR is a deflationary token.

The SVR token will be continuously purchased from holders who sell it on exchanges and burned, thereby continuously reducing the number of units of the token in circulation.

 

SVR Token Holder Benefits.

The goal of the Saver Token team is to continually increase value for SVR token holders. This will be done using the profits generated from cryptocurrency mining.

Net earnings will be used as follows:

40% of profit - buying the SVR token from circulation and burning.

20% of profit - cryptocurrency mining farm development.

20% of profit - renewable electricity power plant development.

20% of profit - company and project development.

 

Staking.

20% of the total supply will be used for SVR token holders staking rewards. The staking platform is planned to be created in the near future.

 

Mining strategy.

Most of the Saver Token team members have a long-term interest and experience in cryptocurrency mining. With this experience, it is expected to become one of the most efficient cryptocurrency mining companies.

The strategy is very simple - mine the most profitable coin at the time. The pattern and proportions of the distribution of profits from cryptocurrency mining do not change regardless of which coin or coins are mined.

During the development of the project, it is expected to invite more professionals with as much knowledge and experience as possible in the field of cryptocurrency mining to the team.

For mining will be use a combination of Application-Specific Integrated Circuits (ASIC) and Graphics Processing Units (GPU).

Versatility is key to the profitability of the mining operation so selected equipment will be versatile to mine different coins, depending on market and mining conditions.

 

Safety and security.

When starting a project and moving from idea to actual work, special attention is paid to keeping assets and equipment safe. A cryptocurrency mining farm is a private property that will be equipped with physical security measures such as surveillance equipment, alarms, etc.

Cryptocurrency mining experience and information will be used to select the most appropriate solutions to ensure that farm and mining equipment is adequately insured to minimize the impact of equipment failure. Particular attention is paid to reducing the risk of cybercrime.

 

The future.

As the project grows and increases cryptocurrency mining capacity, it is planned to use part of the profit to implement the ideas of community members related to the project. By developing the project in this way, when every member of the community will be able to submit their ideas and contribute to the development of the project, it is expected to create an entire ecosystem with the widest possible application of the SVR token in everyday life.

 

Notice and disclaimer.

The information in this whitepaper is for informational purposes only and does not constitute investment or financial advice.

The information in this whitepaper is not all-encompassing. The main purpose of this whitepaper is to provide potential SVR token holders with relevant information to enable them to thoroughly analyze the project and make an informed decision.

It is recommended that you read this whitepaper carefully before you purchase an SVR token. Do your own research before making investment decisions. Certain statements and information contained in this whitepaper are forward-looking statements.

Cryptocurrencies have become a major regulatory target in many major countries around the world. It is impossible to predict how and when regulatory agencies may develop new regulations related to such technology and its application.

This whitepaper contains the latest information regarding SVR. The SVR whitepaper can still be adjusted and updated by the SVR team as needed. The SVR team may, but is not obligated to, inform the SVR holders of every detail related to the project.