Facite (FIT token)
More on ICO
Token Sale Unspecified - Unspecified
TrackICO Rating 3.7 / 5 ICOMarks Rating 5.8 / 10
Whitelist/KYC Not needed
Token price Unspecified
Platform Ethereum

The main goal of the Facite investment project is to develop the financial and economic environment in Kazakhstan using blockchain technology.

The Facite Foundation built and operates a mining center in Pavlodar, Kazakhstan based on geographical conditions, government policies, and electricity schemes for the mining industry. The mining center can accommodate up to 2 million mining machines with a size of 180 hectares (ha) and can be expected to produce stable and consistent revenue generation based on cheap electricity.
Some of the revenues from the mining center are shared with Facite token holders and the profits from the Facite Foundation's projects in Kazakhstan are also allocated to the community.

Q2 2018

Facite Foundation established.

Q3 2018

Facite business began.

Q4 2018

Mining center site and electricity agreement.

Q1 2019

Mining center established.

Q2 2019

Installation of 100000 mining machines.

Q3 2019

Installation of 300000 mining machines.

Q4 2019

Installation of 500000 mining machines.

Q1 2020

Installation of 700000 mining machines. Expand bus card use.

Q2 2020

Installation of 900000 mining machines. Execute U-payment.

Q3 2020

Installation of 1.2 million mining machines. Solar power dividend.

Q4 2020

Installation of 1.5 million mining machines.

Q1 2021

Installation of 1.8 million mining machines. Commercialization of Facite coins.

Q2 2021

Installation of 2 million mining machines.