Facite investment project is to develop 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. 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.
|Soft cap||400,000,000 FIT (2,680,000 USD)|
|Hard cap||2,000,000,000 FIT (13,400,000 USD)|
|Token for sale||2,000,000,000 FIT|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Most people want a stable increase of their assets, but in general, stable increases refer to
low returns. There are a few different ways to accumulate assets, whether it be aggressive or conservative, depending on personal preferences, but the fact that people cannot predict
even a single second of the future applies to everyone, and is not limited to specific
individuals, groups, or countries. Even amidst a global economic downturn, one can make profits from aggressively investing, but if those investments rely heavily on high-risk assets that are not well positioned for a crisis, there will be consequences.
The trend of investing in international currencies or investing in long-short funds has long
since begun. However, fund investment, which focuses on making steady returns, regardless of the decline in monetary value and the fluctuation of stock prices caused by global financial crises and geopolitical risks, is a structure that is very difficult to secure a safe return for investors in challenging situations. As economies grow and incomes rise, everyone has trouble developing proper asset management methods, yet few people have clear solutions regarding how to invest well.
As a result, people with no previous investment experience have felt the need for dramatic
and reliable investment destinations, and as income inequality has become more severe,
people need an opportunity to quickly proliferate their assets with low entry barriers.
Meanwhile, Bitcoin garnered worldwide attention since early 2017. Although it was created in 2009, it had not received much attention from the market, but it has grown explosively worldwide as it emerged as a blue ocean of the investment industry since 2017.
This vision can be utilized by attracting promising companies via operating superproductive network that integrates hundreds of specialized computer systems. In addition, this plan will also be used as a strong axis for Kazakh citizens to get a healthy share of the domestic market. Due to such policies, a mining center was established by the Kazakh-based Facite Foundation, which is building and implementing a strategy to maximize Bitcoin mining profitability compared to other countries.
The Facite Foundation built and operates a mining center in 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.
To befit the purposes of this policy, Kazakhstan financially supports the expansion and
modernization of infrastructure related to roads, drainage, heating, waterworks, railways,
telephone networks, substations, and transmission and distribution facilities. Many projects
are emerging since they are supported by the government, one of which is called the “Oni
Card” project used in Almaty. Almaty currently prohibits using public transport without the
“Oni Card.” The public transit fees in Kazakhstan are 150 pence per ride in cash, but if you
use the “Oni-card,” the fee drops to 80 pence, approximately 50% savings.
The information and related materials provided in this white paper are for informational
purposes only and should not be considered legal or financial advice. Facite does not make
any guarantees or promises regarding any consequences of using Facite tokens. To the
maximum extent permissible by law, Facite shall not be held liable for any inaccuracies,
incompleteness, or unreliability of any particular information, analysis, advice, or
recommendation causing any economic loss.
Dmitriy Li FOUNDER AND CEO
Konstantin Park VICE PRESIDENT OF ENGINEERING
Chepenite Elina DIRECTOR OF GLOBAL MARKETING
Also Read – Click Here for Read All ICO Review
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