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.
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 team is also very experienced. To read more about
their business ideas and plans, be sure to look at their website and
whitepaper listed below.
Feature
Token Details and ICO
Token SCAVO is a token based on the Ethereum ERC-20 standard. The SCAVO token guarantees the holder the right to:
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
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.
SCAVO Team
Guillermo Nardoni - CEO & Founder
Hernán Bucciarelli - CFO & Founder
Matías Nardoni - COO & Founder
Liliana Pizarro - Supervisor
Franco Ledesma - Technician
Enrique Bucciarelli - Logistics
Aldo Somoza - Chief Officer of the Cooling System and Renewable Energy Resources
Miguel Araya - CTO
Alfredo Carlstein - Advisor
for more token information follow link bellow:
Website | ANN Thread | Whitepaper | Lightpaper | Twitter | Facebook | Telegram | Medium | Youtube |
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