Business Plan on Cryptocurrency Mining Executive Summary

Cryptocurrency mining, also known as cryptomining, is the process of using high-tech computers that solve complex mathematical equations that verify cryptocurrency transactions between peer-to-peer users, which is then added as a “block” on a blockchain public ledger. The first miner to solve the math equation that verifies the legitimacy of transactions is rewarded with a new coin. Essentially, cryptominers are accomplishing two things. One, miners are verifying crypto transaction “blocks” which are added to a blockchain. Two, miners are receiving payment in new crypto coins, thus releasing a new digital coin into circulation in the cryptocurrency market.

CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

This cryptocurrency mining business plan template can be very helpful for writing your cryptocurrency mining business plan, it can be used for government and non – government business grant applications, for bank loan applications, for business proposal writing, to write business concept notes, for business grant competitions, other competitions among others. The cryptocurrency mining business plan in Nigeria is a highly lucrative business idea, with a very high yield potential; given the right planning strategy. Also, seeking for technical support and expertise will go a long way to help. To kick start your business, you will need the help of a professional business consultant in Nigeria like Jude Okon to help you with the effective implementation of the business plan

BUSINESS DESCRIPTION OF THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

Business: CRYTOCURRENCY MINING

Industry: CRYPTOCURRENCY

NCS Cryptocurrency Inc is a Limited liability Company which is based in Ikeja Lagos. It is a Cryptocurrency company that enables a new generation of assets and contracts creating decentralized capital markets. NCS’s technology can create fast, scalable and customisable new products across complex and challenging financial infrastructures and asset classes. NCS is transforming the financial system for the digital age and creating transparent and frictionless global markets

NCS has a highly experienced team from the banking and Capital markets sector, along with top block chain developers and machine learning experts. NCS will become the preferred partner to banks interested in implementing smart contracts and making markets for traditionally illiquid asset classes.

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The Benefits of our Products and Services are;

– Availability of high quality cryptocurrency mining services and other related online payment system services

– Employment opportunities for so many people

– Unique periodic training program for our team

– Fair and best possible prices

OUR PRODUCTS AND SERVICES

We have developed our model with combined expertise in cryptocurrency, crypto mining and algorithms. Based on our current mining operation, we have upgraded the hardware/software specification to maximize profitability. We are offering a robust and lucrative investment opportunity. We are poised at the cutting edge of mining technologies and cryptocurrency investments. We are true advocates of digital currency

KEYS TO SUCCESS

The keys to the success of the cryptocurrency mining business plan in Nigeria are as follows:

– High quality cryptocurrency mining services

– Building trust with our clients

– Ensuring that we understand the needs of/ and can meet the needs of our clients

– Having a good location

– Modern solution and technology

– Maintaining a highly motivated and dedicated team of professionals

– Professional and experienced staff

OBJECTIVES OF THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

The following are the objectives of the cryptocurrency mining business plan in Nigeria;

– To create products whose primary goal is to exceed customer’s expectations

– To establish our brand throughout the country

– To create a partnership between our skill set and potential investors to drive forward our aspirations for the next generation of tender

– To achieve a net profit in year one, increasing in year two, by containing costs and meeting sales targets

– To achieve a net profit of $2,000,000 in four years

GOALS FOR THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

The goals for the cryptocurrency mining business plan in Nigeria are as follows;

– To provide employment opportunities for over five hundred people

– To become one of the top ten leading cryptocurrency mining companies in the world

VISION FOR THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

Our vision for the cryptocurrency mining business plan in Nigeria is ; to enable a new generation of assets and contracts creating decentralized capital markets.

MISSION FOR THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

The mission of the cryptocurrency mining business plan in Nigeria is; to build Internet of assets on the principles of bank as a service (baas) powered by internet of things and artificial intelligence(AI) technologies.

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MANAGEMENT TEAM OF THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

The management team of the cryptocurrency mining business plan in Nigeria is made up of the following people;

George Tammy: He is the founder and owner of NCS Crytocurrency Inc. He has had over seven years of experience in the cryptocurrency mining industry and has gained sufficient exposures to the rudiments of the business. He is an alumnus of the University of California, Berkeley, California.

Jude Okon: (B.AGRIC,MBA, and PMP). He has over fifteen years of experience in business management, financial management and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC), of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and also a strategic partner of the company.

We brought to the business;

– Educational skill and practical experience in the cryptocurrency mining industry

– The capacity to consistently deliver outstanding service

– Quality assured standards and a good understanding of the market trend

– Our staff brings operational, promotional, marketing, Educational and technical skills to the business

MANAGEMENT EXPERIENCE GAINED FOR THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

With over seven years experience in the cryptocurrency mining industry and through having numerous exposures to both the practical and technical aspects of service, I have been able to master the technical requirements, financial management, staff recruitments and organizational skills among other necessary factors to give us a good commendation from our clients. My managerial skills has also helped me to put up a strong workforce for the past two years and to organise the teamwork in most aspects of the company. I am the CEO of the company and I will be overseeing the day to day activities of the company.

MATERIALS AND EQUIPMENTS REQUIRED FOR THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

The following materials and equipments are needed for the cryptocurrency mining business plan in Nigeria;

Office space , office equipments, clerical tools and materials, licence, permits, company vehicle, software amongst others.

COMPETITOR ANALYSIS FOR THE CRYPTOCURRENCY MINING BUSINESS PLAN IN NIGERIA

We receive a lot of patronage due to these reasons;

– Availability of high quality cryptocurrency mining investments

– Our quality assured standards

– Prompt service delivery

– Our customer – centric company culture

– Excellent customer care services and packages

– Fair and lowest possible prices

Our three main competitive advantages are;