FACITE - The Block Chain Business Model In Kazakhstan

Increasing attention is being paid to the potential of blockchain technology to address long-standing challenges related to economic development. Blockchain proponents argue that it will expand opportunities for exchange and collaboration by reducing reliance on intermediaries and the frictions associated with them. The development of the financial economy has led to the stage where blockchain technology is considered as the driving force of current economic growth. So technology has innovated like blockchain technology, where progress in transferring funds is efficient, fast, safe and reliable. Just in time for the financial industry to embrace the wave of change as a way forward, by developing a sustainable and stable eco-financial system based on the blockchain. H ere is the deal, i will be introducing my dear readers to a revolutionary platform FACITE, a platform that will develop the financial and economic environment in Kazakhstan using blockchain technology.

ABOUT FACITE

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.

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.

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

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

Token Details

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

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.

ROADMAP