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KRG token is an Ethereum-based ERC-20 crypto asset backed by a real estate business: the Karaganda hotel and office complex in the very center of Karaganda city (Kazakhstan).
The KRG Token is a simple and transparent blockchain-based tool designed to simplify and simplify investing in commercial real estate. Each token is backed by a share of the market value of the hotel and office complex at the rate of 1 rupees for 1 dollar of market value, which is $ 10,000,000.
Over the past decade, the national economy received $ 250.2 billion, or about 80% of all foreign direct investment flows over the years of independence ($ 320 billion). This trend speaks volumes about the effectiveness of investment policy.
Wallet: visit krg-token.com and go to our web wallet for ERC-20 tokens.
Trading: KRG tokens can only be traded on a third party cryptocurrency exchange (BTC-Alpha).
Token Economy: Future revenue from the hospitality industry will be used to phase out KRG token buyback, which will reduce the total KRG supply in circulation and stimulate demand and value.
Hotel and Office Complex is a 5-storey commercial property with a total area of 10,000 sq.m. The 1st and 2nd floors are leased for retail and office premises, and the 3-5th floors are occupied by mixed-type hotel rooms.
KRG Token will be launched under the name "KRG" with a limited supply of 10,000,000 KRG. KRG will be a token that will be traded on the market for 1 USD, but in the initial phase, the team will reduce the price to 0.5 USD per 1 KRG with a time limit. The team plans to do a pre-sale until 1.09.2020 and IEO (BTC-Alpha): 1.09.2020. In the future, the tokens will be used for various purposes, and when the profit is met, the team will buy back the tokens circulating in the market to stimulate demand and value. Following are the details of the KRG token:
Ticker : KRG
Total Supply : 10,000,000 KRG
IEO Pre-sale : till 1.09.2020
IEO (BTC-Alpha) : 1.09.2020
Pre-sale price : 0.5 USD per 1 KRG
Description : KRG token is a highly volatile crypto asset backed by an established business: Karagandy Hotel & Office complex in Kazakhstan.
KRG token is a cryptocurrency backed by a real estate business.KRG token is a simple and transparent blockchain-based tool designed to make an investment in commercial real estate straightforward and easy.
Future commercial profits generated by the business will allow for a phased buyback of the KRG token.
Karagandy is a three-star hotel in the city centre and is considered economy class, which along with easy transport connections gives an edge in terms of customer flow.
By the end of 2019 direct tourism investments amounted to 153.7 billion Tenge (approximately 368 million USD), thereby breaking the record level in the history of Kazakhstan. Government funds accounted for 40.2% of the total investment amount, 46.2% accounted for equity, and 13.6% were borrowed funds and bank loans.
By being backed by real assets, the value of cryptocurrency tends to be more stable and increases investor confidence in the token. KRG Token is a cryptocurrency backed by a real estate business namely Karagandy Hotel & Office complex, which is a commercial area with a total area of 10,000 sq.m. with 5 floors located in the central and most lively area of the city of Karaganda, which is quite a promising investment. KRG Tokens will be used for various purposes, when commercial profit is reached, the team will buy back tokens circulating in the market which will increase the value of the KRG tokens in circulation.
KRG token is a cryptocurrency backed by a real estate business.
KRG token is a simple and transparent blockchain-based tool designed to make an investment in commercial real estate straightforward and easy.
Future commercial profits generated by the business will allow for a phased buyback of the KRG token.
ACCURATE INFORMATION
Website : https://krg-token.com/
Whitepaper : https://krg-token.com/docs/whitepaper_en.pdf
Twitter : https://twitter.com/KrgToken
Telegram : https://t.me/krg_eng
Meduim : https://medium.com/@krgtoken
Instagram : https://instagram.com/krgtoken_eng?igshid=192oj2k2ac0zf
Reddit : https://www.reddit.com/user/krgtoken
VK : https://vk.com/krg_token
Facebook : https://www.facebook.com/KRG-tiken-world-102621584890722
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=5271239
Author: Rvsingla11