Josef Ajram Answers Your Questions
Some Thoughts from Cryptosolartech’s advisor

Josef Ajram is ambassador for Cryptosolartech and advisor to the project, contributing with his years of experience in the financial sector. In the following lines, he answers some questions.
Why do you think Crytosolartech’s ICO is so successful?
The success of Cryptosolartech’s capital raising at the ICO is relevant because it is supported by institutional investors, as well as by the efforts of many small contributions. You always have to take into account what big investors do because they are supposed to have a greater capacity for analysis and vision. For this reason, this commitment by institutions to raise almost 60 million euros stands out, because it inspires clear confidence in the project. The success of the ICO is undoubtedly due to the solidity of the project and the transparent presentation and numbers of the steps and profitability of each phase.
How will Cryptosolartech seek profitability?

The profitability is given by the mining in the first place, to obtain with the 3000 servers the highest probability of resolution of the hashes to go obtaining the different cryptocurrencies that the professionals of Cryptosolartech determine, and in the second place the profitability is given by the trading actions that are going to be carried out. In this case I am involved as an advisor to provide insights into cryptocurrencies investment systems. In addition, there is a profitability that comes from solar energy and the contract with Respira Energia, which means that Cryptosolartech has a double profitability path.
What does the agreement to purchase solar energy from Cryptosolartech for 15 years imply for Respira Energia?
The agreement with Respira Energía for the next 15 years is one of the points that is least taken into account by people who are unaware of the project. The general comment is that it makes no sense to do such a project in a city like Malaga due to its high temperatures, people who point this out should know that the highest cost of mining is the cost of electricity which in this case is fully compensated by the generation of solar energy so that this 15 year supply contract allows this is that one of the highest costs that could have Cryptosolartech is fully compensated and the profitability that can be obtained each time the mine is much higher.
Why is it profitable to mine crypto-coins?
Mining crypto coins is profitable if you know how to do it. Clearly, not everyone is capable of making mining profitable. Pablo and Alain’s experience in this field is considerable and remarkable, and has been seen in the project because the highest cost that the company can have, energy, is fully compensated by the agreement with Respira Energía. Would it be profitable for everyone? for anyone from home?…that would be more questionable…Once again it proves that professionalism in any field is fundamental.
What is the future of cryptocurrencies in the economy of the next decade?

The future of cryptocurrencies in the economy is unstoppable, and it is true that I have been critical of the valuation of some of the cryptos, for example when the bitcoin was in the $15K-20K range, not so much because it was in that range but because of the speed at which it reached that range of prices, and of course a message of caution had to be sent. The reason is that many small investors without knowledge of the subject thought that the bitcoin could reach $100k without any technical stops, and that was a very big mistake. But it’s clear that cryptocurrencies are the future. So, what cryptocurrencies are the future? That is the big question that we will be revealing in the next few years, but I am sure that many of the current ones will not exist in a few years’ time.
Cryptosolartech is a DAO that will invest in green photovoltaic energy and cryptocurrency mining to allow its users to rent their Asics based on the possession of the tokens. More info about CryptoSolarTech:
