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SCAVO Technologies: construction of telecommunications data center infrastructure for crypto mining, using renewable resources


SCAVO:

Formally founded on August 1, 2017 as a result of 2 years of research and development of proprietary technology that together allow the energy self-sustainability of the entire crypto mining complex.

Through the Initial Coin Offering (ICO), SCAVO will build the large-scale crypto mining farm of bitcoin and altcoins, in a self-sustaining manner and put it into production according to the deadlines stipulated in the roadmap.

  • Scavo technologies is an innovative blockchain company established in Argentina specialized in the construction of data center infrastructure for crypto-mining using renewable resources. It offers an intelligent, scalable, environmentally friendly solution with the ability to maximize energy resources with zero carbon footprint, natural and self-sufficient.
  • SCAVO is responsible for finding the right location for the farm and the power plant, buying the hardware, deliver it to the destination. Build and maintain the farm, set up their cooling system.
  • Manage the internet connection service bills as well as to negotiate the interconnection with the existing power grid of the local energy distribution company to be able to inject the surplus generated energy (not needed for the farm) and be able to monetize it; and of course, any malfunction or problem that may occur during these processes.

Global Electricity Market

Although the world is developing fast still there are differences between the supply of electricity in developing countries and developed countries. For the next 30 years, the demand for electricity will rise by about 70%. The production of electricity for the future will mostly cover by fossil fuels. In the future electricity will be governed by new technologies like multiple intelligent actors creating a better equilibrium.

Token:

  1. The SCAVO Token will be entirely backed by the mining hardware as well as by other equipment that is part of the renewable energy generation plant that will exist in a real physical place generating crypto assets 24x7.
  2. The SCAVO Token is based on a smart contract on the Ethereum network. It is an ERC-20 token, the de facto standard of today′s tokens.

The maximum amount that can be raised (defined as Maximum Target in the Whitepaper) during the entire ICO process (including the PreICO) will be $ 83,600,000.

The minimum amount (defined as Minimum Target in the Whitepaper) will be $ 500,000.

The Team firmly believe that investments in crypto sustainable mining are the most profitable option for long-term profits and that is why our proposal is to strengthen the link with investors through clear rules. 

Scavo Technologies will create an environmentally efficient system for cryptocurrency mining that is sustainable for the long term. It’s nice to see them take a long-term approach to their business model.

Cryptocurrency looks like it’s here to stay, and with that comes the need for efficient cryptocurrency mining operations like Scavo Technologies.

Roadmap:

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Author: [https://bitcointalk.org/index.php?action=profile;u=2128758]


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