Opened
President Khazakh Nazarbayev has seen that so many benefits are generated from the use of blockchain technology. But now there are still some countries that have not paid more attention to this technology. For example, like China, which is currently also listed as one of the favorite destinations for technology activists to do cryptocurrency mining. But at this time there were several obstacles which caused the mining results in the country to decline.
The president is the leader of a country responsible for crucial decisions. Although each country’s government has a minister who has duties in various fields. But still the policies taken by a ministry will not be valid without the approval or confirmation from the President. Even a smart president has the right to create a new breakthrough that can boast his country’s name to the world level. Similar to Khazakh Nazarbayev, President Khazastan, who is currently incessant — is building heavily to support the “Economic Digitization” project.
The main goal of the Facite investment project is to develop the financial and economic environment in Kazakhstan using blockchain technology.
The Facite Foundation built and operates a mining center in Pavlodar, Kazakhstan based on geographical conditions, government policies, and electricity schemes for the mining industry. The mining center can accommodate up to 2 million mining machines with a size of 180 hectares (ha) and can be expected to produce stable and consistent revenue generation based on cheap electricity. Some of the revenues from the mining center are shared with Facite token holders and the profits from the Facite Foundation’s projects in Kazakhstan are also allocated to the community.
FACITE FOUNDATION’S BUSINESS MODEL AND DIVIDENDS
The Facite Foundation also operates Kazakh bus cards and solar power plants. The solar power plant will be built in Almaty, one of the three major cities of Kazakhstan. The Facite Foundation will receive and provide a portion of the profits generated in these two projects to Facite token holders.
Khazastan’s seriousness towards global economic digitalization is also evidenced by the design of the facilities and infrastructure needed to accommodate more than 2 million miners from all over the world. As we know, the proceeds of project revenues held by the government will certainly be allocated to support the country’s development, in order to prosper the people.
Therefore, currently the Khazastan government has arranged various strategic schemes related to this allocation system. Facite Foundation, the company that initiated the establishment of the Facite platform, divided several schemes oriented to the construction of transportation facilities, the construction of solar electricity, and data centers. Where the profitability gained from the construction of these three projects will be given to Facite token holders.
Holders of Facite tokens will receive dividends of the profits earned from the Pavlodar Facite mining center, the Shimkent City bus card project, and solar power plant project. The profits allocated to holders can be checked in detail through the Facite Foundation’s dividend chart.
The main reason for the Khazastan government to make transportation development as its main project is to realize equal distribution of public transportation tariffs and make some improvements to the transportation infrastructure that is not feasible to use. The transportation facility built was a bus card manufacturing project licensed by INNOB CO. Ltd. Where all users of this card will get a discount of as much as 30% for each transportation used.
Actually this transportation payment system is also one of the government’s steps to introduce a digital payment system. Because later when this system has spread widely with a level of understanding of the society that has been evenly distributed, then this payment system will be adopted in general for all payments for public facilities provided by the government.
SOLAR POWER STATION
Promoting the renewable energy business of the government of Kazakhstan
KHAN 21 HOLDING entered the field of solar energy. Purchase of a business license
Selected as an investment corporation – the Talgar city, a solar power station and a project area of a hydroelectric power station
The first pass gate of Korea in Kazakhstan to the final report of the Ministry of Commerce, Industry and Energy
Renewable energy sources are indeed one of the mainstay solutions of the world government to deal with climate damage. Therefore the revenue from the blockchain technology project will also be allocated for the construction of solar electricity centered in Talgar City. For the construction of this project, the Facite Foundation took a strategic step to acquire the Khan 21 Holding company, which has been known as a company that has 100 ha (330,000 pyeong) with a capacity of 60 MW in the Almaty region.
The last allocation is to build a data center that can provide all the facilities and infrastructure provided for the construction of 2 million mining machines. This development is certainly done to show that Khazastan is a country that is friendly and open to the use of blockchain technology. Through Facite, Khazastan Country will certainly become the second home and a global renewable technology tourist destination.
TRANSPORT PAYMENT CARD
- Acquired license for INNOB CO., Ltd
- Introduction and operation of a public transport
- It is planned to introduce the U-payment system
DATA CENTER
- Optimum environment, low-cost electricity
- Electrical equipment data center with the support of the city
- About 2 million mining machines are available
- 49-year lease contract
DIFFERENTIAL OF OTHERS
The FACITE with Block Chain Business Model, blockchain In Kazakhstan will be Promoting the renewable energy business of the government of Kazakhstan, since since Khan 21 HOLDING has entered the field of solar energy, with the Purchase of a commercial license and to be Selected as an investment company, the city of Talgar with its grandediferençial, a solar power station and a project area of a hydroelectric plant, with the first gate of passage of Korea in Kazakhstan for the final report of the Ministry of Commerce, Industry and Energy, we can deduce that FACITE is in a position where the leaders are in full acceptance of this new market of opportunities and their solutions, with the Transportation Payment Card License acquired from INNOB CO., Ltd, Introduction and operation of a public transport , Is planned to introduce the payment system U, Data center Ideal environment, low-cost electricity Data center d and electrical equipment with the support of the city About 2 million mining machines are available, lease contract of 49 years, seeking a better in the mining market with abudante sustainable energy the FACITE has one step ahead but in front of all because with several innovations to be exploited would also guarantee a sustainable return.
TOKEN SUMMARY
Category: IEO
Token Name: FACITE
Token Symbol: FIT
Price: 1ETH = 30,000 FIT
Bonuses:
IEO Primary – 10%,
IEO Secondary – 5%
Total Supply: 5,000,000,000
Soft Cap: 400,000,000 FIT
Hard Cap: 2,000,000,000 FIT
Facite will be doing IEO in https://www.namebit.co.kr/ exchange on 27th to 29th of May.
The next IEO round will be announced in different exchange soon!
TOKEN DISTRIBUTION
Tokens will be distributed as follows:
- 40% will go on sale
- 20% of the company’s operating activities
- 10% team members
- 10% marketing
- 10% to developers
- 5% advisors
- 5% reserve
Tokens issued to team members and consultants will be blocked for 6 months from the first day of listing on the stock exchanges. This concludes the review. In conclusion, I would like to say that such a global and effective project will make a breakthrough in the cryptocurrency sphere and bring profit to its investors in the near future.
FOR MORE INFORMATION
Website: https://www.facite.org/
Whitepaper: https://docs.wixstatic.com/ugd/8f0e7c_3b99c6eebe30449f9b30e0b477c01848.pdf
ANN: https://bitcointalk.org/index.php?topic=5124497
Telegram: https://t.me/faciteofficial
Facebook: https://www.facebook.com/Facite-394735348032337/
Twitter: https://twitter.com/faciteofficial
Author
Username : girang
Profile: https://bitcointalk.org/index.php?action=profile;u=2430877
Eth: 0xAC6dCDaf4103c4b389A1974A7F78b3b0f2099a60