Successful greetings to all of my crypto buddies wherever you are. May you be healthy all Amiin. on this occasion I will inform you all about one of the ongoing ICO projects that is FRAS COIN .
FRAS COIN is a Mandiri Blockchain and StartUp Incubator. The main company has an advantage over a full-service car rental company, supplier for ONLINE TAXI. Frasindo is authorized by the government as an official partner of UBER, GRAB, and GOCAR in Indonesia. In addition to the Online Taxi, we also rent a car to the company.
How does this partnership work?
In Indonesia, UBER, GRAB, and GOCAR are referred to as TAXI ONLINE, they are given the opportunity to describe themselves (if they want to do business in Indonesia, and avoid the ban from this country). They choose to be "a ride-sharing app provider" (Basically they are just a company that rents out "apps", and NOT as conventional taxi companies, so the government legalizes it as it is).
FRAS COIN Supported by real companies, real assets (Mobil), and "asset certificates" are kept indefinitely by the NXT Foundation in the Netherlands, which is actually also endorsed by the Indonesian government This is the only asset available, offering multi-protection and multi-benefits and multi-monitoring (LIVE 24 / Hour) to the public. As an independent incubator for startups and blockchains in Asia, FRAS COINs can last forever, and will not spend money from our supporters. Random people can trigger any idea, chosen by the community, and Frasindo's growing team of developers will make it happen; Appoint as project leader / reward, Fras Coin will be provided with all business needs, regular funds as needed, Legality, our own Together Office, and then will acquire Subsidiaries / Children Projects FRAS COIN. (No need for RISK, EXPERIENCE, AND HASSLES to Contributor Ideas).
FRAS COIN will run entirely in accordance with government regulations, and the current progress is only the first step towards GREAT IMAGES on corporate expansion as seen on the roadmap, this is also the only way to develop an IT Business without devouring funds entrusted by society; The community can enjoy the benefits without getting involved in the pump and dump. FRAS COIN will also be released on several blockchain platforms, currently available on ARDOR, IGNIS and STELLAR.
Mission Frasindo
Our mission is to start a safe company for Blockchain community, Supported by real assets, and always 24 hours + 7 days all transparent. We at PT. Frasindo Lima Mandiri thinks one should start the principle of trust and transparency in the blockchain community, hoping to pioneer the first open and transparent company, as well as new standards for all other ICO and Crowdsale projects.
Every PT. Frasindo Lima Mandiri branded and well-crafted and well-planned products to have FAILPROOF capability, not only gives advantages and fun, but also generates revenue for its coin holders.
Purpose of Frasindo
- For Security and Safe Standards, Assets are open and transparent.
- Lifetime income generator in the blockchain industry.
- FAILPROOF company as a whole, and continues to grow with 10% share of all.
- Freedom and pleasure in living a friendly and lively life to enjoy.
- Built to serve, and become the use of blockchain technology.
- Be an observer who cares and protects mutual assets.
- Set standards in the blockchain industry and easy to remember.
- Being an angel, but also monopolizing at the same time.
COIN SHARING PROFIT
In order for the company to continue to grow and be healthy, there will be a share of crypto profits, from NETT INCOME between the holders of FRAS COIN and the Management of Profit shares;
- Members 65%.
- Management 35%.
The operational costs and salaries of workers will be deducted from the Gross Income that will be collected through FIAT every week, and then management will take part in the fiat, then the rest will buy back the CRYPTO and share it with the members.
Token Distribution
Token Symbol: FRAS
Total Supply 100,000,000 Token
8% of the total supply of 100,000,000 COINS FRAS Tokens was awarded to Founders and management, exactly at 8,000,000 FRAS COINS. This coin will be locked, and opened on August 15, 2019. The founders are not allowed to use and are not entitled to a dividend with no unlocked time. This amount in return for and compensation for risks associated with the commencement of the company, legal processing, government permits, burned in business and error, face fraud and fraud, R & D period, withdrawal.
CROWDSALE + BONUS + BEP + CAMPAIGN GIFTS
FRAS COIN will have seven Early Crowdsales rounds to ensure all FRAS coins are sold. A controlled take-off of any two periods will commence, to start the car indent from an authorized car distributor, and to hire the necessary workers and drivers, to speed up the car to work as soon as it arrives. The focus of the crowdsale is the collection of pure capital to buy cars. Which car will provide routine income to fund all roadmaps. There will be a democratic vote to determine the flow of corporate expansion throughout the Roadmap.Moreover, this will create trust in early Crowdsale participants who will support the values set by Frasindo.
There will be a total of 100,000,000 million FRAS COIN (FRAS), which can not be mined available in the Frasindo ecosystem that will be available on NXT, ARDOR IGNIS, and Stellar Blockchain:
- 1.260.000 FRAS will be ordered and distributed to new members currently funding 7 cars in operation; In detail 1,050,000 FRAS (7 cars x 150,000 FRAS) and + 20% Bonus (210,000 FRAS) .
- 8.000.000 FRAS is Tim token and locked for 3 years.
- 2% FRAS sold through Crowdsale is reserved for Bounty / Marketing (Max 1,814,800 FRAS).
- 20% FRAS sold through Crowdsale is reserved for 20% Bonus, in case of first day Crowdsale is hit ( Max 17,785,040 FRAS ).
- Having deducted all of the above from 100,000,000 FRAS, there is a Quota of71,140,160 FRAS to be sold.
- 71.140.160 FRAS will be sold in 7 rounds of Initial Crowdsale, which will take about 60 days. From where 12 days of PRE-ANN, and 48 days sales period.
CROWDSALE to Open on 1st of FEB 2018 GMT + 7
- Round # 1 is open for 3 days 20% BONUS FRAS.
- Round # 2 is open for 5 days, and members will get 18% BONUS.
- Round # 3 is open for 6 days, and members will earn 15% BONUS.
- Round # 4 is open for 7 days, and members will earn 10% BONUS
- Round # 5 is open for 8 days, and members will earn 7% BONUS
- Round # 6 is open for 9 days, and members will earn 5% BONUS
- Round # 7 is open for 10 days, and members will get NO BONUS
- IF at the end of Crowdsale, FRAS COIN is not for sale, then on the next sale there is no bonus at all.
- FRAS COIN has a fixed inventory.
PARTNER
TEAM
Contact us:
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author : triadks12
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