FrasCoin,Self-Sustainable Blockchain And Start-Up Incubator Which Have Routine Income

A lot of start-ups in the world develop products and services using the benefits that exist on the Blockchain technology. Even some start-ups and companies from Indonesia do not want to miss, one of them is PT.Frasindo Lima Mandiri. The company will use blockchain technology to improve products and services. And this time, PT.Frasindo Lima Mandiri conducted the ICO(Initial Coin Offering), where the sale of the coin will be undertaken by this company have permission and the legality of the FSA (Financial Services Authority), and of course with the legality of this gives advantage for investors because there is the concern again will be the problem of the legality like ICO other.

What is it Frasindo?

Frasindo is a company established in the year 2013, this company is engaged in online taxi, car rental and the hiring of a taxi-driver. And the company this is a company who has a relationship and authorization with the government of Indonesia, which also has a working partner with online taxi company that are already famous such as Uber, Grab and Gocar. And of course, many of you never use the services of a taxi, in between online taxi such that Gocar which is the work of their own nation that the current taxi this online grow to be large by having many members in many cities in Indonesia.
Frascoin is the Created token using the technology of blockchain which will give Carcoin from every purchase Frascoin, which Frascoin representing the cars and 10% of the entire business under Frasindo. Company profits can be sustained because basically all people need transport each day. In addition it also Frasindo collaborate and partner with online taxi company that is very famous and huge in the community such as Uber, Grab and Gocar. The online taxi company grow quickly and rapidly because it provides a better service and safe, and very affordable prices.

How To Work of Frascoin

As a company that has been established since a few years ago, surely they already have a lot of experience in the field of online taxi . And also Frasindo have the authorization with the government so that they have the authority to cooperate with online taxi such as Uber, Grab and Gocar. Frasindo this will have the task to improve service and the quality of the online taxi in Indonesia with more provide more benefits to the community. Frasindo has a duty to supply cars and drivers to the online taxi companies . So the operating profit online taxi from Uber, Grab and Gocar not only profitable and provide revenue to their parties, but also for Frasindo and also the token holder Frascoin later. Utility tokens belonging to the Frasindo ( FrasCoin) meant only for the community Internally, and also not distributing a dividend, and is not classified as securities, but they are indeed eyeing to go public. FrasCoin was released on the platform Blockchain Ethereum, Ardor/Ignis and Stellar and later we can swap and trade buy this coin in exchange Stellar / Ardor or also on the platforms of the exchange the others. And in ICO they use a different selection method in the delivery of Frascoin later, as the platform Ethereum and type of token will be ERC20, and also with the platform Ardor and Stellar.

To more easily understand the workings of Frascoin is every purchase Frascoin will get CarCoin, and FrasCoin representing the cars and 10% of the whole business under the company Frasindo, Frascoin made on blockchain Ardor, Stellar and Ethereum, Coin holder, who has more than 20 thousand Frascoin will get 1 Carcoin/day of every 10,000 frascoin received.Carcoin can be used to obtain other services with the help of a Coin, such as hotel stay, tour, eat in the restaurant, renting a driver and car free and others. Then, the Profit of the Company Frasindo obtained from things such as 10% of all new projects in the future also there will be a coin-coin,Car rental foronline taxi and Registration of the driver .Then profits from the that business will be in use again to increase the income of the company such as adding a new car and fleet, expand the project start-up a new business and buyback Frascoin in the market so the price has increased.

The Advantages Of Frascoin

Benefits of Frascoin

Seeing a population that is very high in Indonesia, even state this is the state with the largest population ranked 4 in the world, then surely the need for transportation becomes very important and very needed by everyone. And during this online taxi such as Gocar (from the Website), Uber and Grab very help the people of Indonesia in meeting the needs of transportation, but on the other hand, some of the transport company city can also be disadvantaged due to inferior in competing. And actually online taxi (Grab, Gocar, Uber) at the time of his arrival and since the operation, in the beginning, they did not have the legality, but the government can not do much because people prefer online taxi service because of its nice and the price is cheap.
The Frasindo partnered with online taxi , then they can participate in the business of online taxi and to earn profits through a rental car and hiring a taxi-driver. And this time Frasindo hold the ICO to sell FrasCoin, with the goal of coin holder can earn passive income from a sustainable profit that gets from the growth of the online taxi business . And passive income this will in getting for lifetime and sustainable, and this became possible because, basically, every day people who live in urban areas need a taxi service, so almost no possibility of these companies suffered losses, and even will continue to evolve see the population in Indonesia is very large and the needs of the community transport is increasing.

Token Sale

Token Sale will begin on February 15, 2018, and will last until April 15, 2018. There are various bonuses to be gained for the participants of the investment. 1 Fras Coins will be valued at $0.14 USD. Payment can be using Ethereum and Bitcoin.