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.
Facite Foundation established.
Facite business began.
Mining center site and electricity agreement.
Mining center established.
Installation of 100000 mining machines.
Installation of 300000 mining machines.
Installation of 500000 mining machines.
Installation of 700000 mining machines. Expand bus card use.
Installation of 900000 mining machines. Execute U-payment.
Installation of 1.2 million mining machines. Solar power dividend.
Installation of 1.5 million mining machines.
Installation of 1.8 million mining machines. Commercialization of Facite coins.
Installation of 2 million mining machines.