SCAVO Tech
Scavo Technologies is currently holding a token sale for fundraising. The token is an ERC-20 type of token. 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 being used for reinvestment into the operation including the purchase and maintenance of equipment.Scavo Technologies may also provide services to third parties. Thirty percent of profits from this may be distributed to token holders as well. Democratic decision making is important to Scavo Technologies, and holders of the SCAVO token will be able to vote on decisions with the use of smart contracts. The token sale started on July 15th, and will run until October 31st of this year. There is a maximum token supply of two hundred million tokens. Eighty eight percent will be offered for sale, with eight percent set aside for a reserve fund, two percent for rewards programs, and two percent for the team and founders.
Strategy
The strategy of Scavo Technologies is comprised of three main aspects. The autonomous mining unit is a ready to mine unit with all the required 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 mining for coins in a new location. Another aspect of their strategy is the energy generating unit. This will deliver power to the autonomous mining units by utilizing wind, solar, hydro power, or similar. Any excess energy created will be sent to the local energy company for monetization. Energy generating units will be very scalable and modular for ease of expansion. The third aspect to the Scavo Technologies strategy is a unified data center.This will manage all aspects of the mining farms. By creating their own power stations, they eliminate much uncertainty about fluctuation of electricity prices. It should also reduce costs and thereby increase mining profitability. Scavo Technologies is going to be creating an environmentally efficient system for cryptocurrency mining that is sustainably for the long term. It is great to see them taking a long term approach to their business model. Cryptocurrency looks like it is here to stay, and with that comes the need for efficient cryptocurrency mining operations like Scavo Technologies. The team is also very experienced.
SCAVO Token:
The SCAVO Token is based on a smart contract on the Ethereum network. It is an ERC-20 token, the defector standard of today′s tokens.Every obtained token permits the holder to get admission to the utilities produced based on the models of operations stipulated in the whitepaper. on this manner, the proprietor of the SCAVO Token acquires the proper to get hold of income proportionally to the quantity of token that he holds, for lifestyles. It’s miles understood as such, to the period by way of which running charges do not exceed the profits to be received.
SCAVO is accountable for finding the right place for the farm and the electricity plant, buying the hardware, supply it to the vacation spot. Construct and maintain the farm, installation their cooling device. manipulate the internet connection carrier bills in addition to to negotiate the interconnection with the present power grid of the nearby strength distribution employer on the way to inject the excess generated strength (not needed for the farm) and be able to monetize it; and of route, any malfunction or trouble that could arise at some stage in those tactics.
As mentioned above, the SCAVO Tokens holders will receive dividends, through a lifetime contract, or more precisely, as long as the profits of the mining farm operation exceed the utility bills. we believe that even with the increasing difficulty of mining in general, regardless of the crypto currency to be mined, we can develop a profitable investment program for the market through the creation of mutually beneficial projects that are accessible to the general public, easy to understand and based on cutting-edge technology.
For More Info :
- ICO Name: SCAVO
- Website: https://scavo.farm/
- ANN Thread: https://bitcointalk.org/index.php?topic=4832228.new#new
- Whitepaper : https://scavo.farm/download/WhitepaperEnglishv1.15.pdf
- Facebook :https://www.facebook.com/SCAVOTechnologies/
- Twitter : https://twitter.com/SCAVOTech
- Telegram : https://t.me/SCAVOTech_English
Author Profile :
- Bitcointalk ID: btc4future
- BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1771077
- ETH: 0xD8d4Ef13eAb0C88b2B7f37aa26E64247195A2Ee9
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