STARTER INFORMATION
Despite the insurgence of coronavirus, with strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, KRG token, a simple and transparent blockchain-based tool designed to make investment in commercial real estate straightforward and easy has arrived.
"Blockchain technology has thus far been the true star of the cryptocurrency revolution. Although the value of popular digital coins like Bitcoin and Ethereum have been in near-constant flux in recent months, the technology that powers them has been making headway into industries of all kinds all over the globe. Naturally, some of the earliest adopters of blockchain technology are in the fintech sector, but they’re far from alone.
There are already functional, blockchain-powered platforms bringing disruption to industries ranging from global shipping to diamond mining, and that’s just the beginning. Lately, though, blockchain technology has been making some visible inroads into another, enormously valuable market: real estate. Here’s what’s happening.
One of the primary friction points in global real estate markets is the complex and lengthy contract procedures that one must go through when a property changes hands. The existing legal frameworks that govern real estate transactions generally mean that the transaction itself must be reviewed and executed by a series of intermediaries such as real estate agents and lawyers that can not only interpret and verify the language of the legal documents, but also verify that the predetermined conditions have been met. That process does work, but it adds additional layers of costs and delays to the transaction."
By contrast, the goal of KRG is to make commercial real estate investments as simple and transparent as possible!
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is KRG Token?
As depicted above and as indicated on the official whitepaper of KRG Token, KRG token is an Ethereum-based ERC-20 crypto asset backed up by real estate business: Karagandy Hotel & Office complex in the heart of Karagandy city (Kazakhstan).
Furthermore, KRG token is a simple and transparent blockchain-based tool designed to make investment in commercial real estate straightforward and easy. Each token is backed by a share of the Hotel & Office complex market value at the rate of 1 KRG per $1 of the market value which amounts to $10,000,000.
A Brief Introduction: Karagandy Hotel & Office complex
Karagandy Hotel & Office complex is a commercial area which has a total area of 10,000 sq.m. and 5 floors of buildings, each of which is commercialized for various purposes such as offices and hotels.
Karagandy is a 3-star hotel which is strategically located in the city center with easy transport connections giving an edge in terms of customer flow.
In addition, The immediate commitment of the movement and the travel industry represented 5.6 percent of the absolute GDP of Kazakhstan in 2019. As per the official government system distributed in May 2019, the objective is to make it 8% by 2025.
The KRG Tourism Investments
According to the KRG whitepaper, over the previous decade (2009 - 2019), the normal yearly venture development in the travel industry and amusement endeavors added up to 10%, and as per the aftereffects of 2019, the expansion in capital speculation arrived at 46.2% every year.
Before the finish of 2019 direct, the travel industry ventures added up to 153.7 billion Tenge (around 368 million USD), in this manner breaking the record level in the history of Kazakhstan. Government reserves represented 40.2% of the aggregate venture sum, 46.2% represented value, and 13.6% were obtained assets and bank credits.
The KRG Investment Climate
The Central Asian country of Kazakhstan tries to benefit from its geological area and become the “New Silk Road” connecting China and Europe through Focal Asia and Russia. Kazakhstan expects to turn into the Eurasian Economic Association’s speculation place. In the Doing Business 2020 rating from the World Bank, Kazakhstan positioned 25th among 190 nations (in 2019 - 28th, in 2018 - 36th). The nation is in the TOP-10 of the world nations in such pointers as consistence with contracts furthermore, assurance of the privileges of minority financial specialists.
About The KRG Ecosystem
The KRG Token will include:
KRGCredit, KRGInvestments, KRGPay, KRG.Exchange, KRGTrade, and KRGWallet. There will be even more ways to receive benefits and discounts for staking and using KRG tokens
By staking KRG, You can Earn
Staking Pools conditions:
Monthly profit: +3%
Min Investment: 1000 KRG
Max Investment: 50 000 KRG
No sell
Withdrawal is available after a month at 12:00 PM GMT
Monthly profit: +3,5%
Min Investment: 1000 KRG
Max Investment: 50 000 KRG
No sell
Withdrawal is available after 2 months at 12:00 PM GMT
Monthly profit: +4,5%
Min Investment: 1000 KRG
Max Investment: 50 000 KRG
No sell
Withdrawal is available after 3 months at 12:00 PM GMT
Monthly profit: +5,5%
Min Investment: 1000 KRG
Max Investment: 50 000 KRG
No sell
Withdrawal is available after 4 months at 12:00 PM GMT
Monthly profit: +6%
Min Investment: 1000 KRG
Max Investment: 50 000 KRG
No sell
Withdrawal is available after 5 months at 12:00 PM GMT
Monthly profit: +6,5%
Min Investment: 1000 KRG
Max Investment: 50 000 KRG
No sell
Withdrawal is available after 6 months at 12:00 PM GMT
The KRG Features
Description
KRG token is a profoundly unstable crypto resource upheld by a set up business: Karagandy Hotel and Office complex in Kazakhstan.
Wallet
If you don’t mind visit krg-token.com and continue to our webbased wallet for ERC-20 tokens.
Trade
KRG tokens must be exchanged on an outsider crypto trade (BTC-Alpha).
Token Economy
Future incomes from the inn business will be utilized for a staged buyback of KRG tokens, in this manner contracting the all-out inventory on KRG available for use and animating interest and worth.
About The KRG Token
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.
Token Details
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.
Wallet Please visit krg-token.com and proceed to our web-based wallet for ERC-20 tokens.
Trade KRG tokens can only be traded on a third-party crypto exchange (BTC-Alpha).
Token economy Future revenues from the hotel business will be used for a phased buyback of KRG tokens, thus shrinking the total supply on KRG in circulation and stimulating demand and value.
KRG is listed on the following exchanges;
BTC-Alpha: https://btc-alpha.com/ru/exchange/KRG_USD
Coinsbit: https://coinsbit.io/ru/trade/KRG_USDT
Meet The Amazing CEO
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://krg-token.com
Wallet: https://wallet.krg-token.com
Whitepaper: https://krg-token.com/docs/whitepaper_en.pdf
English Telegram chat: https://t.me/krg_eng
News Telegram: https://t.me/krgnewseng
Bitcointalk: https://bitcointalk.org/index.php?topic=5271239.new#new
Instagram: https://www.instagram.com/krgtoken_eng
YouTube: https://www.youtube.com/channel/UCaqwqg8y2a-oXvGU9AqfQ0g/?guided_help_flow=5
Facebook: https://www.facebook.com/KRG-token-world-102621584890722
Twitter: https://twitter.com/KrgToken
Medium: https://medium.com/@krgtoken
Reddit: https://www.reddit.com/user/krgtoken
Bitcointalk Username: Cryptoholical
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2487106
Telegram: @Cryptoholical
ETH Address: 0xF3f7b9c45864006DBd1571De53d5847C0d11438c