Topic: 🚧[ANN][PreCrowdsale]🚗FRAS🚕Official UBER partner | Crypto TAXI +Real Use Cases - page 54. (Read 25816 times)

Yes correct, we will have both LOCAL and GLOBAL

FRAS COIN is for local, not even UBER+GRAB+GOCAR joined together can satisfy the needs of Indonesia (country scale). Indonesia have 35province consist of hundreds of cities

While
bitXplor will release its own coin
CoinRupiah will also release its own
Warnamu, coinvit, and all other child-projects will also release its own coin and do ICO.
And ALL will give 10% of its coins+earning to FRAS Holders



Yes, the price of FRAS been fixed in FIAT
1FRAS = 0.14USD

Yes we have expansion plans to other countries, but it is not done by FRAS COIN

The expansions are through FRAS Child-Projects such as=
MyStellar.org, bitXplor.com, coinvit.com, coinRupiah childs, etc..

Remember..
1. All of those child projects will do ICO (10% of ICO earning also owned by FRAS Holders)
2. and will airdrop 10% of its coin to FRAS COIN Holders for FREE
3. Also since 10% of its coin is given to FRAS Holders, as a FRAS Holders you also entitled to 10% of its bonus dividend.


Coinvit is upcoming exchange market
CoinRupiah is stellar based anchor/gateway (will have KUPU-government regulation)
BitXplor is stellar based remittance +multi blockchain wallet backed by credit union (can receive deposit+give intrest)

MyStellar is the largest stellar forum, currently already have income(upto100,000XLM/periode)
and in the near future 10% of its income is owned by FRAS Holders

20% bonus FRAS And 78% bonus dividend is different but related
You GET BOTH of it
If you have more FRAS you get more dividend
Note=
(Currently The dividend feature is under re-format by law-firm)


Here are the example=
A. You bought 1000FRAS during 20%crowdsale period
Then you get 1200FRAS

B. Since you got 1200FRAS, meaning you have 200FRAS more than you should 1000FRAS.
you get additional 20% of bonus dividend
While in default..
Any fras holder only get 65% bonus dividend
So 65+20% = 78%

This bonus dividend will be shared per-period (by vote)
Or be compounded to add more armada, in which will generate more income..

Most of our project (use-cases of blockchain technology) will be build for Ardor and Stellar

Ardor&NXT feature is the most easy to use
Will use its feature such as
Decentralize exchange market (mix with CoinRupiah)
vote (optional)
token creation (ICO service)
child-chain (all our projects will below our own chain)
Finance management (multisig+related to all childprojects)
Marketplace
 


While
Stellar is the most supportive for micro-transaction and we love stellar since 2years ago, we actively help its vision fight poverty
In fact stellar already indirectly help us thrive
There are so many projects will be for stellar


There are already to much project for ethereum, all our projects will connecting/add ethereum, but will not focussing on ethereum for now.. (But maybe in the very far future, such as logistic or autonomous taxi)


For bitcoin, we plan to support OMNI and Counterparty

FRASCOIN will be supported by many blockchain platform and will have its own blockchain eventually
All child-projects will also migrate+focussed in our own blockchain..

For the moment, FRASCOIN available for ethereum ardor and stellar
Further expansion will be voted by the community

  hehehe.. for them (bankers) to read
BANK OF INDONESIA, DO NOT own our country and they DO NOT create the law

The Government DO NOT reject nor forbid Bitcoin and any coin

We at PT.FRASINDO LIMA MANDIRI and PT.AGRA MULTI NIAGA love cryptocurrency and fully support it, especially we support "Deflation" and "Token Economy", we help people to know and use cryptocurrency, and help them facing the law (not confront it directly)

We are law abiding company, and=
1. We are not allowed to use any coins as legal currency, and replacing IDR (Indonesian Rupiah), it is mutiny and very serious crime.
(Well.. We dont use crypto as a currency to buy noodle and ramen)

2. We must have legality
(As a company we already are legalize by government)

3. Crypto coin/token is a utility coin within crypto community, it is a token/collection items among us

4. We are not allowed to fundraising through fiat
And we do innitial funding by own funds.
(We're only collecting utility coins)

5. We are not allowed to give intrest
(Since AGRA will have koperasi backing it, also our company is in cooperation +same office with "koperasi permai", we can overcome this regulation, and soon bitXplor-AGRA can receive savings/deposits+intrest)

6. Etc..

Currently there are many crypto based company in indonesia, and some of them in fact already backed by BUMN the Child company of government (ANTAM and POS)

There is reason why we dont do pre-sale
I will explain below

(it is not officially open, However the frasindo.com/shop is already fully active, if anyone want to contribute they can do so.(currently there are already some member contribute) The FRAS COIN it self will be distributed manually because we dont fully trust all IT among frasindo team, so the distribution is not automatic, and will be held after the crowdsale ends)

We cant do bombastis bonus of coin, because
NO REAL BUSINESS with 1 on 1 asset comparison could give so many bonus..

.
That bonuses of FRAS is real money and real cars..
IF we gave to much, then we are sacrificing other supporters too.. +harder to BEP (Break Event Point)

.
We dont doing ICO where we could take as much coin and %average all contributions (smaller supporter will lose to the larger supporter)
By this ICO percentage.. Supporter own small+floating ownerhip and that asset ownership is hard to divide.
+NXTfoundation dont allow us do ICO

Instead we are doing CROWDSALE
Crowdsale is based on ASSETS Directly
Meaning.. The fraction of that assets is owned by yours, counted by individual car

if CAR Coin is so useless, you can give it to me.
I live in Jakarta and if you know, that transportation here is needed by people like, office employees.

Why office employees desperately need an online transportation?

1. In Jakarta parking lot is very difficult, so for users who do not get a parking space will feel confused

2. Online transportation services are very cheap compared to traditional transportation services

3. Good services will be obtained by passengers online transport

4. We do not need to jostle like train users

Indonesia is so big there are hundred of cities.. In total population of 250million people need of cheap+easy but comfy transportation

For FRAS COIN, We will expand to other country if we already have enough armada in many city in Indonesia

We think, it is better to focus on indonesia where we are experienced with this country culture+regulation+people behaviour+cost+ most importantly expanding to tourism, logistic, etc

By aiming the FRAS COIN in indonesia, we could focus open many opportunities, to produce alot of child-projects



CHILD-PROJECTS
No worry for child projects, we will directly expanding to surrounding country
Here is the example=
we aim bitXplor and CoinRupiah will expand its businees legally in Singapore, Malaysia, Thailand, etc (we're focussing the market at foreign workers whom want to send their income to their family in villages)

There are few ways that you can investigate which one will be better:
1) create (develop) all needed functions/functionalities on Frasindo platform (the one that uses see after logging in) and, for those functionalities that touch values, under the hood use blockchain (for example: keep one Ardor node up and communicate with it using JSONs)

2) use as much as Ardor wallet (to be precise: Fras Coin child-chain) can give (functionalities that are currently there and ready to use) and only for those very custom develop them by hand on Frasindo platform.

And maybe one minor thing: to eliminate barriers Frasindo platform should support many languages. In case of Ardor wallet there are few translations already done. We (Polish community) are in progress of translating it into Polish.

if I am a driver from UBER CAR, can I do a car rental using FRAS Coin?

and if I am a passenger who wants to go to Ancol, do I have to have CAR Coin to pay the tariff?

Ethereum is the 2nd largest crypro
Only Bitcoin, Ethereum, Dash, and DOGE can maintain the volume..

The purpose of FRAS COIN is adding more armada, thus producing more routine income, by sticking to Uber Grab Gocar..
Adding armada = sell coin and buy car

The volume of ARDOR and STELLAR is not strong enough to withstand the cashout


For CAR COIN
Only the supporter that big enough could produce car coin
Most of the contributor will not be able to producing car coin, we have carefully math the contribution..
Since the minimum to produce carcoin must have 20,000FRAS
(Not all people could have 20,000FRAS)

and thos fras must be stored in their own wallet
So.. Anyone do not register and do not store it on exchange are not eligible

Also the value of CAR COIN and the price to redeem any benefits by car coin also fluctuates

if CAR coin is distributed daily as dividends and plans from developers to include CAR Coin on exchangers, it may be useless

"free hotel"

Using IGNIS

• may be temporary until Frasindo's dedicated child-chain will be created - the blockchain 'home' of Fras Coin and all Frasondo's assets, votings etc.

(I need to add that I am also huge fan and supporter of Ardor platform with all its possibilities like issuing coins, tokens, assets, internal messages/chat, file store, mentioned voting system, marketplace, exchanges and many more; all done on blockchain and through blockchain of course.)

* - IGNIS is a child-chain on Ardor platform

Glad to know you,
we already OFFICIALLY listed as member of ANG (Ardor Nxt Group)  we both supporter of ARDOR


We have no other ideas for The messaging except for military or airlines code
Even if we create it.. We still dont have links and ideas to applicate.. And what purpose of it..

However
Voting will be use eventually.. We are preparing vote mechanism at frasindo platform and will migrate to vote through blockchain.. Or create a vote app for government/institution purposes

Already have plan for multisig and dividend feature and phasing + shuffle
Also legal papers and marketplace also decentralize exchange

No, just a fan of this project as probably others here .

My answers "go, read whitepaper and come back to us with answers" may look offensive but if someone really needs this answer she/he will do that and will be happy to share with others. If not then she/he would only spend someone's time but not being really interested in answer.

We will only accept BTC Bitcoin and ETH Ethereum

However the dividend FRAS COIN is still in discussions.
We have some options=
1. Buyback from market and burn the coin, however the coin will lost its supply (we might need the supply to be intact)
2. Push button Lottery tipe
3. Or an airdrop / donation tipe

If you guys have any solution, please advice us

can someone mention Frasindo’s Child-Projects? It seems more convincing that Frasindo is a big company

if you take a case from Bitconnect, everyone will have a different perspective. Where a limited total of coins is not necessarily a consideration for investors to ensure that prices will actually go up.

Quite the contrary, the consideration of many investors is the quality and work experience of the team and developers. Because the team and the developer is the main role player to bring this project