The innovation and development via the current cryptosystem are necessary, indispensable, as well as imperative for mining of cryptocurrencies and their technologies. SCAVO project which is a mining project believes that mining operation decentralization is necessary for elimination of government dependencies, use of fossil fuels and being mining pools circumscribed. However, it can be achieved if the investors enter the project community with no heavy investing in development, research, hardware, and technology. It obtains energy source that supplies crypto mining needs throughout the world.
ICO details:
The sales token of SCAVO is solely based on ERC-20 Ethereum standard. The token guarantees holders some rights which are mentioned below-
1. The token holders receive 100% profits through the below-mentioned scheme, from proprietary mining-
• 80% of generated profit by mining operations gets paid immediately
• 20% of generated profit by mining operations gets reinvested to improve future payments via updating as well as changing mining equipment of the farm.
2. The token holders receive 30% profits to the 3rd party that gets provided by SCAVO technologies
3. The token holders have the correct to vote while making an important decision regarding the company
The sales token from SCAVO gets offered to the investors for a time period of about 108 days, starting from 15th July 2018 to 31st October 2018. The SCAVO ICO is carried out by the project. The offers are open to both public as well investors. The restrictions get applied to residents within countries that must meet requirements for investors.
Token detail-
• Tokens issuance amount- 200,000,000 maximum
• Token value- USD 100
• Distribution of tokens- 88% to token holders, 2% to the general reserve fund, 2% to team and founders, 8% to the general reserve fund.
• Minimum investment amount- USD 25
• Accepted payment forms- Bitcoin, money, Dash, Ethereum, Ethereum classic, credit cards, decreased, Zcash, litecoin, bitcoin-cash, and, bank transfer.
• ICO start date- 15th July 2018
• ICO end date- 31st October 2018
• Use of proceeds- 8% administration, investment, and R& D, 92% power station and hardware
• Maximum target- USD 83,600,000
• Minimum target- USD 500,000
• Medium target- USD 3500000
Distribution of Tokens-
After completion of ICO or initial coin offering, all the acquired tokens get distributed immediately to the investors, subjected under the roadmap. The availability of distribution is immediate for cryptocurrency or bank transfer operations. For credit card operations, the tokens get blocked for 180 days from the beginning of accreditation. The investors or a token holder is able to dispose of freely, after that period. The investors receive corresponding profits during this period according to stipulated blockage.
It is essential that all the investors meet needs correctly to apply. You too, can validate KYC or “Know your customer” procedure- KYC<<see-restrictions for investors>>.
Summary-
The goal of SCAVO is to construct mining farms all over Argentina and allow development by SCAVO technologies. It is imperative to implement the idea of “industry 4.0” which gets achieved by automation and high-efficiency degree for decision making. You can read the guidelines and proposal from the official website and buy the tokens at a very low cost.
Website Link: https://scavo.technology
Join Telegram group : https://t.me/SCAVOTech_English
Join Announcement Channel: https://t.me/SCAVOTechnologies
Join Official Bounty Miner Group: https://t.me/bountyminer_chatbox
Whitepaper Link : https://scavo.farm/download/WhitepaperEnglishv1.15.pdf
Lightpaper Link : https://scavo.farm/download/LightpaperEnglishv1.15.pdf
ANN thread Link : https://bitcointalk.org/index.php?topic=4832228.new#new
My Bitcointalk username: marcuscolin
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1781890