The KRG token is an ERC-20 Ethereum-based crypto asset backed by a real estate business: Karagandy Hotel & Office complex in the heart of Karagandy city (Kazakhstan). KRG token is a simple and transparent blockchain-based tool designed to make investing in commercial real estate straightforward and easy. Each token is supported by a share of the market value of the Hotel & Office complex at the rate of 1 KRG per $ 1 of the market value which amounts to $ 10 million. The future commercial profits generated by the business will allow the gradual repurchasing of KRG tokens from crypto exchanges - a process that aims to reduce the total supply of KRG tokens in circulation and strengthen their value. During the pre-sale (until September 1), KRG tokens are available for purchase at a discounted value of $ 0.5 per 1 token. As of September 1, 2020, KRG Tokens must be listed on the BTC-Alpha cryptocurrency exchange and sold at the rate of $ 1 per 1 KRG token.
Tourism potential in Kazakhstan Direct contribution from the travel and tourism industry contributed 5.6 percent of the total GDP of Kazakhstan in 2019. the average annual investment growth in tourism and entertainment companies was 10%, and according to 2019 Results, the increase in investment reached 46, 2% per year. The country of Kazakhstan in Central Asia takes advantage of its geographic location and becomes the "New Silk Road" linking China and Europe Central Asia and Russia. Kazakhstan aims to become the Eurasian Economic Center for investment union. In the World Bank's 2020 Doing Business ranking, Kazakhstan is ranked 25th among 190 countries (in 2019 - 28, in 2018 - 36). The country is in the TOP-10 countries of the world in indicators such as compliance with contracts and protection of the rights of minority investors.
The token
The token economy has a total supply of 10,000,000 KRG. Each token is supported by a $ 1 share of the market value of the Hotel & Office complex. Initial Coin Offering at pre-sale price: USD 0.5 per 1 KRG. ICO price starting from 1 USD per 1 KRG Buy back and burn Strengthen token value through revenue from hotel commercial activities.
| NO | INFO | DETAIL |
|---|---|---|
| 1 | Ticker | KRG |
| 2 | IEO Pre-sale | till 1.09.2020 - IEO (BTC-Alpha): 1.09.2020 |
| 3 | Pre-sale price | 0.5 USD per 1 KRG |
| 4 | Description | KRG token is a highly volatile crypto asset backed by an established business: Karagandy Hotel & Office complex in Kazakhstan. |
| 5 | Wallet | Please visit krg-token.com and proceed to our webbased wallet for ERC-20 tokens. |
| 6 | Trade | KRG tokens can only be traded on a third-party crypto exchange (BTC-Alpha). |
| 7 | 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. |
The token is sold on the crypto exchange
Conclusion
The KRG token is a simple and transparent blockchain-based tool designed to make investing in commercial real estate straightforward and easy. The future commercial profits generated by the business will allow the gradual repurchase of KRG tokens from crypto exchanges. Tourism potential in Kazakhstan Direct contribution from the travel and tourism industry contributes 5.6 percent of the total GDP of Kazakhstan In the World Bank's 2020 Doing Business ranking, Kazakhstan is ranked 25th. The token economy has a total supply of 10,000,000 KRG. Each token is backed by a $ 1 share of the Hotel & Office complex market value.
More Info
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
FB : https://www.facebook.com/KRG-tiken-world-102621584890722
ANN : https://bitcointalk.org/index.php?topic=5271239
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My ETH Address : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d