Topic: 🚧[ANN][PreCrowdsale]🚗FRAS🚕Official UBER partner | Crypto TAXI +Real Use Cases - page 58. (Read 25798 times)

yes, CAR COIN is meant to be a loyalty points/voucher,
the supply+value is decided by the usage(burn) and the pricing of product/service that can be bought by CAR COIN.

CAR COIN is limited in some way, since only minimum of 20,000FRAS can stake for CAR COIN
in value, initially(during crowdsale) 1fras is fixed 0.14USD
20,000FRAS = 2800USD minimum to start producing CAR COIN/day



for every 100,000FRAS we could only gave 10days of Free car usage/YEAR,
100,000 / 10days free = 10,000FRAS
10,000FRAS = 1day free car usage/year

so, the rate of CAR COIN to be burn to redeem 1x free car usage = 365 CAR COIN


this is why, even though the supply seems unlimited, it is very hard to collect, not to mention the product/service pricing could rise too..

Which countries will be your main market to operate this business beside Indonesian?

we are not Car Taxi (that project also release on ethereum),
however we will have our own car taxi (only 1unit is needed/200cars) to support our own armada,

frasindo company is already running since 2013, and the business is finance,
(similar to our sister company AGRA MULTI NIAGA, which will doing ICO someday, to backs future FRAS's Child Project BitXplor)

we started enter bitcoin as a bitcoin mining farm company, and we have 7small mining farm (you can confirm our purchase directly to bitmaintech)
1venue can only host 30unit of antminer S5 (the electricity cable in indonesia is not enough for fullscale)
then we did not proceed to expand bitcoin mining farm anymore, because it is wasting resources, and indonesia climate is hot+humid

overtime we do bitcoin trading only,
while following Taxi Online (UBER GRAB GOCAR), we are collecting all permit and all terms required to be partner of Taxi Online, then become fully legalized by government, in other occasion also start to funding some developers to create some projects

even thou the company is build and running since 2013, in terms of new business (IT and Taxi Online) we are considered still a StartUp
frasindo didnt fail, we do have own assets, own company, own office, etc..(not rely on investor funding)

all frasindo projects focus on providing the real use-case for blockchain technology.

i did not read the whitepaper yet, but from what i have just found on the website, it say's thar FRAS COIN will be released on multiple blockchain-paltform.

The project is supported by NXT, Ardor, and Stellar but the token will be built on Ethereum Blockchain?

They are not comparable, Frasindo and CarTaxi have different service though. And Frasindo is partnering with 3 successful companies in Indonesian market (Uber, Grab, GoCar).

that means you can make CAR Coin anytime and you can burn it anytime?

Yes, it's dividend coin but you are saying it is a start-up company and how can they play to pay for the investors because previous company car taxi failed in terms of value.

Indonesia is a big market, I think the idea is great. I want to dig deeper about this project.

Thank you so much for help explaining
we got news, that we had to delay the crowdsale again.. this is because United-States's regulation

the delay is 2weeks, to change all the text in website and whitepaper.
we were told to erase all "dividend" words, and find other ways/concept to describe it

we will not erase all features, only find ways, so we're not going to be branded as "securities"

CAR COIN will be still a bonus coin/daily airdrop

because CAR COIN is given for free to all FRAS COIN holder that are met criteria, whom hold their coins in their own wallet(any wallet supported), this is POS part.
anyone that hold their coin on other exchange/ non registering members will not get CAR COIN

the CAR COIN that redeemed will be burned,,,

not many people can get car-coin, its because the rules to stake it,
must have minimum 20,000FRAS, and for each 10,000FRAS will produce 1CAR COIN
so only the people have enough FRAS could own CAR COIN, and only they can sell it to public, with their own pricing (we dont control the value)

however there are some rates of CAR COIN to redeem the benefits.
the rate of services also will inflate/deflate,depends on the CAR COIN supply and usage
only CAR COIN can be use to redeem features like = FREE FOOD, FREE STAY, FREE TOUR, etc

thank you for the criticism, the roadmap is with branch, so the community could vote its path, all of those business is related to each other
but still community could propose/input their ideas, and also to be voted by the communities


the platform=
you mean the business? it is already running since october 2016, you can already see the GPS section and trace it to 1month back
(while the company itself being build slowly since 2013-2014, you can see the incorporation documents, also shared)

in terms of  frasindo backend and all features, we're still speed up the work

we dont want to sell ICO with just an idea and hope to be funded to build a private company, that is IF the funds not really being used in honest project.
what we try to provide to the community is a fully build projects, and half finish, we dont just sell some ideas..
so you can expect all FRAS Child-Project will also the same(build first and market it in already running product)

Read here,

https://www.frasindo.com/

FRAS COIN is a Blockchain & Start-Up Incubator which have self-sustainability (have its own routine income), offers lifetime passive coin income + CAR COIN* as dividend

its dividend coins

okay, the team is already on the main page, now ..
why total CAR COIN = Unlimited supply?
what will you do with this COIN?

I've read your one page, and when I see its roadmap, it just confuses me.
Link roadmap without aproximately date : https://drive.google.com/file/d/1N42UKF1xKStwQo_zn8bL_moOOyBnwoXg/view

can you give me an estimate, when will this platform launch? thanks for your response

I think that's right, the team is an important part of a project. therefore, it is necessary to embed on the main page
project controller is the core team and the advisor can be a consideration for investors to participate

Edited : the core team is already in the main page, thanks

When is the pre-sale about to start? The project seems promising.

Update,

Design of ONE PAGER is finish, please give review

This campaign is looking great for a startup investor it's a great project will lesser risk.

Thank you for giving testimonials, there will be reward for those testify in honest