The popularity and demand for cryptocurrency continues to grow. With that comes the need for people to mine cryptocurrency. Scavo Technologies is developing an environmentally friendly cryptocurrency mining operation. Over time, the difficulty of mining cryptocurrency generally increases.
This causes an increase in the use of electricity to mine coins. At present, there is a large amount of electricity used to mine coins throughout the world. To be environmentally friendly, a green energy source is needed. Scavo Technologies is located in Argentina, and they plan to build independent mining sites using renewable energy such as sun, water and wind.
Scavo Technologies currently holds sales of tokens for fundraising. Tokens are types of ERC-20 tokens. There are a number of benefits associated with being a token holder. Eighty percent of mining profits will be distributed to token holders with the remaining twenty percent used for reinvestment into operations including equipment purchases and maintenance.
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Scavo Technologies can also provide services to third parties. Thirty percent of the profits from this can be distributed to token holders as well. Democratic decision making is important for Scavo Technologies, and SCAVO token holders will be able to vote on decisions by using smart contracts. Token sales begin on July 15, and will last until October 31 this year. There is a maximum token supply of two hundred million tokens.
Scavo Technologies strategy consists of three main aspects. An autonomous mining unit is a unit that is ready to be mined with all the necessary hardware, an active and passive cooling system, it is ready to receive power, has an information control center for data management, and has video recording capabilities. This makes it easy to start coin mining in a new location. Another aspect of their strategy is the energy generation unit. This will give power to autonomous mining units by utilizing wind, solar power, hydropower, or the like.
Any excess energy created will be sent to the local energy company for monetization. The energy generating unit will be very scalable and modular for easy expansion. The third aspect of the Scavo Technologies strategy is an integrated data center. This will manage all aspects of mining. By creating their own power plants, they eliminate a lot of uncertainty about electricity price fluctuations. It must also reduce costs and thereby increase mining profitability.
Scavo Technologies will create an environmentally friendly system for cryptocurrency mining that is sustainable for the long term. It’s nice to see them take a long-term approach to their business model. Cryptocurrency looks like it’s here to stay, and with that comes the need for efficient cryptocurrency mining operations like Scavo Technologies. This t
Token Details and ICO
eam is also very experienced. To read more about their business ideas and plans, be sure to look at their website and whitepaper listed below.
Token SCAVO is a token based on the Ethereum ERC-20 standard. The SCAVO token guarantees the holder the right to:
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1 - Receive 100% of the profits from our mining operations through the following scheme.
A. 80% of what is generated by mining operations will be paid immediately.
B. 20% of what is produced by mining operations will be reinvested to increase future payments through renewal and changes in mining equipment that is more efficient and achieves self-help from mining.
2 - Receive 30% of profits for services to third parties provided by SCAVO Technologies.
3 - The right to vote in important company decisions.
Tokens will be offered for a period of up to 108 days, starting on July 15, 2018 and ending on October 31, 2018.
SCAVO ICO will be conducted by SCAVO Technologies. This offer will become a public opento and restrictions will only apply to residents in countries where they must meet certain requirements to be selected as investors.
Number of Issuance of Tokens - 200,000,000. Maximum. (Tokens not donated, will not be generated).
Value Token at issue - $ 100
Accepted forms of payment - Bitcoin, Ethereum, Litecoin, Monero, Bitcoin-Cash, Dash, Ethereum Classic, ZCash, Decred, Bank transfer, credit cards.
Minimum investment amount - $ 25 (or equivalent in cryptocurrency)
Start ICO on - July, 2018 - 00:00:00
ICO is completed on - 31 October 2018 - 23:59:59
ICO time zone - GMT - 03: 00 (Argentina? Buenos Aires)
Token issuance date - November 1, 2018
Minimum Target - $ 500,000
Medium Target - $ 3,500,000
Maximum Target of $ 83,600,000
ICO STAGE DETAILS
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180,000,000 SCAVO WILL BE DISTRIBUTED TO TOKEN HOLDERS
50% BONUS 1 SCAVO = USD 0.50 FROM 07-15-2018 UNTIL 07-20-2018 6 DAYS
30% BONUS 1 SCAVO = USD 0.60 FROM 07-21-2018 FOR 07-31-2018 11 DAYS
25% BONUS 1 SCAVO = USD 0.70 FROM 08-01-2018 UNTIL 08-10-2018 10 DAYS
20% BONUS 1 SCAVO = USD 0.75 FROM 11-11-2018 UNTIL 08-20-2018 10 DAYS
15% BONUS 1 SCAVO = USD 0.80 FROM 08-21-2018 UNTIL 08-31-2018 11 DAYS
10% BONUS 1 SCAVO = USD 0.85 FROM 01-01-2018 UNTIL 09-15-2018 15 DAYS
5% BONUS 1 SCAVO = USD 0.90 FROM 09-16-2018 UNTIL 09-30-2018 15 DAYS
0% BONUS 1 SCAVO = USD 1.00 FROM 01-10-2018 TO 10-31-2018 31 DAYS
Token Distribution
88% for Token holders
8% for the General Reserve Fund
2% for prize and incentive programs
2% for founders and teams
Use of Results
92% - hardware and electricity generation
8% - Administration, R & D, and Investment
Roadmap
What we will build together! With more than 10 years of experience in the telecommunications industry and having finishied the different stages of R&D, we will build the first large-scale, self-sustaining and scalable crypto mining farm, thus facilitating access to blockchain technology in a predictable manner and friendly with the environment.
We extend the invitation to all people to participate in the acquisition of the SCAVO Token and join this project through our official channels. All your suggestions, which strengthen the project, will be considered.
About Us:
WEBSITE : https://scavo.technology/
WHITEPAPER : https://scavo.farm/download/WhitepaperEnglishv1.15.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=4832228.new#new
TELEGRAM : https://t.me/SCAVOTech_English
FACEBOOK : https://www.facebook.com/SCAVOTechnologies/
TWITTER : https://twitter.com/SCAVOTech
my bitcointalk url – https://bitcointalk.org/index.php?action=profile;u=1281298
