What is Scavo Technologies
Scavo Technologies currently holds sales of tokens for fundraising. Tokens are a combined form of ERC-20 tokens. There are various benefits associated with being a token holder. Eighty p.c of mining profits are distributed to token holders with the remaining one-fifth used for reinvestment into operations together with equipment purchases and maintenance. Scavo Technologies may also offer services to third parties. Thirty p.c profit from this can be distributed to the same token holder. SCAVO controls finding the right place for agriculture and electricity generation, buying hardware, offering it to vacation spots. Build and maintain farms, install their cooling devices.
Democratic decisions are very important for Scavo Technologies, and SCAVO token holders can vote on choices by hiring good contracts. Token sales begin on July 15, and can run until the first October thirty of this year. Alcova Technologies offers a scalable, intelligent, environmentally friendly answer that maximizes the use of energy resources with "zero carbon footprint."
Crypto-mining is currently hampered by a number of problems, such as the cost of equipment, the cost of electricity, the centralization of mining, declining profitability.
Scavo Technologies has found an approach to solving these problems based on the concept of "Industry 4.0" - it is an intellectual, self-managed, unique and innovative solution on the market. Unlike competitors, Scavo Technologies solves the main problem - electricity costs.
In order to obtain electricity at a very low cost, Scavo Technologies developed its own technology - a hybrid solution for generating electricity through the combination of different power sources (sun, wind, water and biomass). This technology is able to meet the needs of the entire complex mining industry independently.
The first offering of coins (ICO) will enable Scavo technologies to carry out extensive mining activities in full by building a power plant that uses renewable energy sources. This will allow investors to maximize their profits and receive various benefits in the short, medium and long term.
The SCAVO token created during the initial issue of coins (ICO) will be used to generate a profit that will be distributed in accordance with the terms of Scavo Technologies' business model.
SCAVO technologies are based on the commercial model of the SCAVO token. Each SCAVO token purchased by the investor represents the right to benefit from everything that is being managed for life (as long as he holds the token), which is the period during which the profit exceeds the operating costs for the business maintenance in the operation of a farm.
The technology developed by SCAVO Technologies and third parties will be used to create self-supporting and scalable mining centers that use renewable energy sources to generate electricity.
SCAVO Technologies will finance the construction of the entire system forming the mining center by seizing and distributing SCAVO tokens during the initial issue of coins (ICO).
The maximum amount that can be captured during the entire ICO process (including PreICO) as the maximum target in the technical document is $ 83,600,000.
The minimum amount (defined as the minimum target in the technical document) is $ 500,000.
88% - SCAVO tokens can be purchased during pre-sale to ICO (PreICO) and during the ICO sale using the crowdsale mechanism, which will take up to 108 days.
The remaining 12% of the SCAVO tokens are reserved as follows:
8% - reserve funds, legal advice, research and development.
2% - premiums for the bounty program.
2% - for the founders and the team SCAVO Technologies.
For more information on the fund allocation process and any questions about the Scavo Technologies project, you can find answers from Whitepapper or the Telegram group and personally address them to the Scavo team.
EXCAVATION - ETH Token ERC-20 Standard
More information about the project you can follow:
WEBSITE https://scavo.farm
WHITEPAPPER https://scavo.farm/download/WhitepaperEnglishv1.15.pdf
Telegram https://t.me/SCAVOTech_English
TWITTER https://twitter.com/SCAVOTech
mit Facebook https: // www .facebook.com / SCAVOTechnologies /
MEDIUM https://medium.com/@SCAVOTech
YOUTUBE https://www.youtube.com/channel/UC97baGa2bnwnxolojO8LsjA
LINKEDIN https://www.linkedin.com/company/e-scavo/
ANN the thread https://bitcointalk.org/index.php?topic=4832228.msg43604596#msg43604596
Author: wakanada10
Profile : https://bitcointalk.org/index.php?action=profile;u=2145207
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