F1 racing has millions and billions of fans all over the world, and the number of people wanting to participate or sit in the audience is no less. The F1 captures people imagination with superb machines and mind-blowing speed. It will not be wrong to say the F1 race is the perfect combination of the fantastic capabilities of machines and human efforts. It is this racing that has introduced fantastic racers and champions to the world. There is no surprise that the popularity of the F1 has compelled various countries to try a hand and conduct it for their people. However, the amount of investment required to put in the F1 is not everyone’s cup of tea and is a very big issue.
The reason why F1 has become so popular in all round the world is that it uses the top most machines and champions from all over the world. Also, the racing tracks are no less than wonders. However, anything grand comes with a cost and so does the F1 racing. The amount used to organize it and make the tracks is a big deal and requires a handsome amount of money. It needs real financial resources to arrange for the ecosystem of racing, and this is what discourages the government of various countries to take part in this mega event. It puts a great pressure on the organizers to manage this high fees conducting event.
However, there are many way in which a country can arrange the funds and get this sporting saga in their countries. Here we will discuss about the best and the most trending way in which can help to raise funds for this event and add value to the economy.
Bitrace Investments
BITRACE is one such helping project for the people of Tunisia and the entire world which aims to build a sports compound spread in around 300 hectares which will have an F1 racing track along with the exhibition centre, museum and various other sporting entities. The total cost that has been estimated to build an F1 track is around 270 million dollars. However, when we talk about Tunisia, the cost is estimated to be half of it due to the cheap and skilled man power. The BITRACE Investment Company is a British investment company which is based in London and has achieved success in many countries of the world.
How the BITRACE Company does manage the investments?
As it was mentioned in the above section that building an F1 track is not an easy job for a country as it involves huge costs and investments. Many people wonder how does the BITRACE company manage to build such a major sporting event and where does it brings the financing. The company has been successful in finalizing the deal with the BDSwiss, to allow the investors or the BITRACE Buyers to Trade Shares, FOREX, Indices, Crypto currencies, and Commodities with CFDs, using the BITRACE Tokens. The Bitrace tokens have been considered to be a great source of investments for the people, and millions of people have benefitted with it in a great deal. To know more about the BITRACE Tokens, you must keep reading the information given below.
All about the BITRACE Tokens
The BITRACE Tokens are kind of a crypto currency that the investors use to invest in the BITRACE Company. People from any part of world are allowed to invest in this currency besides the people of USA and Republic of Singapore. The symbol of BITRACE Token is BRF, and it values around 0.10 US dollars. Here is more information about the BITRACE Tokens in brief:
• Symbol of token- BRF
• The hard cap- 57626400 dollars
• The soft cap- 3000000 dollars
• The tokens ICO- 356, 264,000 BRF
• Platform of the token- Ethereum
The payment method of BITRACE Tokens is the ETH, BTC, USD and the BCH where the token standard is ERC20. To get the smart contract details, you can find it on the company’s website. For the premium purchase of the tokens, the limit during ICO is set up to 100 tokens. If by the end of the ICO soft cap of the 3000000 dollars is not raised then all the investors will be returned with their investments with the help of the refund options in the smart contracts.
The ICO registration is said to be held from 5 January to 25 January 2018. The BRF price from 25 March to 5 April will be of 0.1 dollars, and from 5 April to 15 April, it will be around 0.12 US dollars. The price of BRF will be 0.15 US dollars from 15 April to 25 April in the year 2018.
All about the token distributions
The token distributions are also done in different parts. The data of token distributions are mentioned here in percentages. The ICO part stands up to 35 percent. The further token distributions are mentioned below as follows:
• Crowd sales bonus- 7.4 percent
• Operating- 20 percent
• Founders and management- 10 percent
• Advisors- 5 percent
• Pre ICO- 22 percent
This token distribution will help you to understand more about the working of the token distribution of the company and will help you estimate about how much you can invest in the project.
Some of the benefits for using the BITRACE Tokens holder
If you are planning to invest in these tokens then here are some of the benefits that you must know and remember about the process:
• You can Start trading in the platforms like FDs BDSwiss using the Bitrace tokens
• You can also Purchase the flight tickets from the tour operators for certain destinations using the Bitrace currency
• You will be able to rent the cars in certain Mediterranean countries using the BITRACE tokens
• The holders of Bitrace tokens can also purchase the holiday packages
• You can Purchase the services worldwide at LaBelle & LeBeau Beauty Salons by using the BITRACE tokens
• You will be able to Purchase all the products and services with in Tunisia Racing F1 City using BITRACE
• You can also Purchase the Timeshare for our Holiday resorts with the help of BITRACE tokens
• You will also Receive the return on investment out of holding activities as the 20% of net profit will be distributed among BITRACE token holders
These were some of the advantages that you can avail by purchasing or investing in the Bitrace tokens. Millions of people have already invested in it and are enjoying a great deal of convenience and top-class facilities with the help of them. Therefore if you are planning to purchase them then read about all its rules and regulations and get started now.
From where and how to purchase the BITRACE tokens?
After knowing about all the benefits and facilities of the BITRACE tokens, this is the next question that arise in the mind of most of the aspiring investors. To purchase the BRF tokens, you can go to the BRF ICO or the Crowdsale. There will be no additional token created after the ICO and after which you can purchase the tokens from the BRF holder through the help of exchange market. The process of purchasing these tokens is extremely easy and understandable.
Vision, objective and strategy of Bitrace
The vision and strategy of Bitrace in itself is a very impressing thing. To know more about any company, it is important that you understand their future goals and objectives. Here are the vision, strategy, and objective of the Bitrace Company:
• Vision- the vision of BITRACE is to achieve nothing less than the full potential of the project by deriving the new era of growth, development, creativity and innovation of it.
• Objective- The objective is to bring the BITRACE Company to the surrounding Mediterranean countries so that they too can be benefitted from the innovative idea of the company.
• Strategy- the growth strategy of BITRACE will introduce the innovation of crypto currency market through its platform that not only aims at revolutionizing the funding and provides the services within the project of Tunisia formula one racing. The BITRACE will be bringing access to some seamless transactions as well as services to all of them wishing to be involved. They have a strategy for success by creating an environment where all the services as well as products in the project can be accessible from the platform of BITRACE.
By the year 2018, it is estimated that the Bitrace token will be available in all the major international exchanges of the whole world. The BITRACE Company has made it very easy for the people to invest in one of the most promising projects of the world. Therefore if you are a fan of formula one racing and want to access its best facilities provided by the BITRACE in various countries and more to come then investing in the Bitrace token is the best option ever. Now, you might have all the information on what is BITRACE and Bitrace tokens.
ANN Thread : https://bitcointalk.org/index.php?topic=2678267
Website Url : https://www.bitrace-token.com/
Whitepaper : https://www.bitrace-token.com/whitepaper
Author : IsabellaSophia
https://bitcointalk.org/index.php?action=profile;u=1646474
