[ANN][IEO] FACITE - Blockchain Business Model In Kazakhstan

[eaglesonms]

How much electricity does your power plant averagely generate? Mining requires colossal reserves of energy, and in fact you are still planning to provide electricity for the needs of the city, and not just for mining

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[fenniKami]

What will be a digital product that users can work with? How can I track dividends? Through the Facite site or will the application be created?

[SoulPort]

Have you already launched a private sale? Or from where the funds for the construction of power plants?

Since the transition to renewable energy is the task of the whole country, the project is supported by the President of Kazakhstan and the government. Also part of the funds allocated by our partners

Do you have any evidence that your project is supported by the country's president himself? Your wp does not contain such information.

[derekeaton]

Have you already launched a private sale? Or from where the funds for the construction of power plants?

Since the transition to renewable energy is the task of the whole country, the project is supported by the President of Kazakhstan and the government. Also part of the funds allocated by our partners

Do you have any evidence that your project is supported by the country's president himself? Your wp does not contain such information.

On the project’s Facebook page, as well as in the telegrams, the team published presidential decrees. You can visit the group and see for yourself.
https://www.facebook.com/Facite-394735348032337/

[pinoycash]

Is your blockchain project approved by government of Kazakhstan? If yes then this is probably the first state approve IEO project that can turn out to be a good one.,

In what exchange your planning to held your IEO?

[Free1bitco.in]

You prepared 50% of the total supply for this project, do you know this budget exceeds the average of other projects?

[fenniKami]

Can users independently mine tokens? Or your project is not built for mining?

As I understood from their concept, one of the tasks of the Facite project is to build a mining farm for mining Bitcoin, but the FIT token itself is not mineable. Investors will receive their share of revenue as owners of FIT tokens, not miners

[derekeaton]

Hello. Have you seen mining pool in telegram chat? Looks good, right? Of course, the equipment is still not enough, but if they recently started the installation, I can understand. Given the size of the room, the scale of the upcoming production is impressive

[Axent_man]

Hello. Have you seen mining pool in telegram chat? Looks good, right? Of course, the equipment is still not enough, but if they recently started the installation, I can understand. Given the size of the room, the scale of the upcoming production is impressive

Did they just take up the installation? Do not they get out of the schedule? The second quarter of the year is already underway, but there is no news of whether they have already started mining

See road map, there indicated a gradual increase in the number of mining machines to 100 thousand in the second quarter. Now there are more than 20 shelves filled with at least 50 cars. And that is just visible in the foreground. I think the guys did their best to reach the right amount of equipment by the deadline.

[zinaq1230]

How about mining taxes and cryptocurrency restrictions in Kazakhstan? Is there any cause for concern?

[Birch_tartar]

Don't you think that your mining farm will not pay off? Cryptocurrency rates, and especially Bitcoin, after the summer crisis, jump strongly.

Of couse, the price has fallen by more than 80% compared with 2017. But Bitcoin mining still can be considered a safer asset class to maintain and enhance. Besides, now the main role will not be played by individual miners, but the primacy will go to large companies that are able to provide the mining center with an adequate supply of electricity, without violating environmental standards.

[SoulPort]

What is the new Oni Card system and how do you plan to improve the use of public transport with it? Will it work on the blockchain?

[mopsicus]

hey, what is the cost of the transport project and why was this type of card approved?

[ahmatainura20]

hey, what is the cost of the transport project and why was this type of card approved?

The white paper have the purpose of the card - they are multifunctional and will allow not only to be used in transport but will become a U-payment  system.

[Naminato]

I do not know how in other countries, but in Russia a similar system for transport with a cryptocurrency card as facite offers would fit perfectly. Since Kazakhstan and Russia are neighbors, it remains to hope that many entrepreneurs will find the idea excellent and will offer this to be realized here.

[borisenkoa420]

I do not know how in other countries, but in Russia a similar system for transport with a cryptocurrency card as facite offers would fit perfectly. Since Kazakhstan and Russia are neighbors, it remains to hope that many entrepreneurs will find the idea excellent and will offer this to be realized here.

I have long thought that the blockchain is ideal for such purposes as all possible payment systems. it is almost like a cashback system - the more you use, the more profitable. facite took to realize the right things

[derekeaton]

If it project is as good as it is described, then miners will no longer have a chance to earn good money. The era of large companies such as facite

haha, a couple of miners will definitely be less. they all leave to work in facite. By the way, are there still free places in the team?

Want to support the wave? Yes, the team seems to have a good share of capital? 20% or less?

Only 10% of the total number of tokens issued for the team. But do not forget about the blocking period of six months for the team and the advisors. so even if you are accepted into the team, you will not be able to sell them quickly

[Bon963]

which is convenient for the buyer, beneficial for the investor, I agree. although its peak payback project will pick up in a couple of years. When do they expect full system integration?

In 2021, it is planned to install 1.8 million mining machines. It’s hard to imagine such a number of devices, but if you look straight ahead, it’s not long to wait 2 years

[etoklassniyacc]

which is convenient for the buyer, beneficial for the investor, I agree. although its peak payback project will pick up in a couple of years. When do they expect full system integration?

In 2021, it is planned to install 1.8 million mining machines. It’s hard to imagine such a number of devices, but if you look straight ahead, it’s not long to wait 2 years

how much profit should be expected to that time? Was a sample analysis conducted? I saw that the command had already begun the installation of the device.

[kirkanrally]

which is convenient for the buyer, beneficial for the investor, I agree. although its peak payback project will pick up in a couple of years. When do they expect full system integration?

In 2021, it is planned to install 1.8 million mining machines. It’s hard to imagine such a number of devices, but if you look straight ahead, it’s not long to wait 2 years

how much profit should be expected to that time? Was a sample analysis conducted? I saw that the command had already begun the installation of the device.

On average, one can expect about 20% or more growth in electricity production using solar power plants. So it was in the description. Taking into account the attraction of other methods of green energy production will be highly efficient