FACITE FOUNDATION: BLOCKCHAIN PROJECT REVIEW



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
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.
ROADMAP

Q2 2018
Facite Foundation established.
Q3 2018
Facite business began.
Q4 2018
Mining center site and electricity agreement.
Q1 2019
Mining center established.
Q2 2019
Installation of 100000 mining machines.
Q3 2019
Installation of 300000 mining machines.
Q4 2019
Installation of 500000 mining machines.
Q1 2020
Installation of 700000 mining machines. Expand bus card use.
Q2 2020
Installation of 900000 mining machines. Execute U-payment.
Q3 2020
Installation of 1.2 million mining machines. Solar power dividend.
Q4 2020
Installation of 1.5 million mining machines.
Q1 2021
Installation of 1.8 million mining machines. Commercialization of Facite coins.
Q2 2021
Installation of 2 million mining machines.

For more information, please visit:
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: jacobtemi10
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=2015283


Comments 0