Flashtoken company, which has been operating since 2013, distributed mining equipment through the platform, including selling various server technologies and creating projects based on the blockchain technology. Flashtoken also develops applications and invests in the development of its own crypto fund.
Mining has recently become quite a popular area for investment, as it has a number of advantages. Namely: mining allows earning money even with the most minimal investments, it is possible to establish full control over the mining process, and there is the opportunity to sell tokens at any time. Thus, stability, safety and efficiency are key characteristics of mining. Flashtoken promotes collective mining for beginners, as the safest investment of funds. Flashtoken currently has two mining plants. The company plans to continue developing in this direction by establishing three more large companies, launching cloud-based mining, creating an online store with sales offices in offline mode.
Flashtoken BIF fund direction is also quite developed - at the moment, there is already a fund with investments and real profitability in 7 projects. The company is not going to stop there, and plans to invest in ICO, to attract investments in the company's economy in Fiat, to create and launch a crowdfunding platform for crowdsale.
In the direction of the development of blockchain technology and creating software, serious steps have already been taken, namely, demo versions of the pool, crypto wallet and miner have been developed. Using the current developments, Flashtoken plans to create a convenient and functional mobile crypto wallet, a miner with the choice of currency for working with it, a liquid pool with a minimum commission, and also an instant messenger with the ability to communicate on the platform.
The platform has its own cryptocurrency with the same name - Flashtoken, which is created on the basis of smart contracts of the Ethereum platform and complies with the ERC-20 standard. A total of 320 million tokens are planned to be released, of which only 65% will go for sale. The remaining tokens will be distributed in the following directions:
- 25% will be allocated for the creators of the project;
- 5% will be allocated for the development of the partnership program;
- 3% will be allocated for the bonus program;
- 2% will be allocated for referral registration and rewarding advisers in equal shares.
The purpose of the fund collection is to get 17.5 million dollars. Depending on the time of purchase, the price for 1 token ranges from $0.001 to $0.09. This cryptocurrency has a number of advantages, including the possibility of acquiring equipment for mining, the possibility of conducting trading on the stock exchange, as well as the possibility of investigating the basics of cryptocurrency and the key rules of working with it.
The crowdsale has already started, and it lasts until December 30, 2017. After the end of the token sale, their release will follow from 5 to 12 January 2018. After conducting the audit and verification in the test network, the tokens will be distributed, this event is scheduled for February 1, 2018. The creation of an online store and a website for the sale of mining equipment is planned for the 1st quarter of 2018.
A key feature of the platform is also that all collected funds from the ICO will be used to invest in their own project in order to increase the company's profitability and turnover. Each token holder will be able to receive Ethereum currency on crypto wallet as a profit. At the moment, more than 2000 participants have already invested in the project. But for all its investment appeal, only 2.8 million dollars have been raised to date, instead of the planned 17.5 million dollars.
Flashtoken positions itself in the market as a mobile business that provides any user with the opportunity to manage their assets and cryptocurrency, be able to receive services and purchase equipment, get training and receive timely and qualified help in case of questions.
Website: https://flashtoken.io/
White Paper: https://flashtoken.io/docs/eng_whitepaper_FlashToken.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=980049
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