Cryptocurrency is increasingly becoming one of the most enjoyable and profitable investment avenues for investors looking to invest in internet-based or advanced technologies. Cryptocurrency, as the name suggests is an alternative to the traditionally accepted and used fiat currencies of each nation or group of countries like the Euro. The major drawback of these fiat currencies, that may be either coin, paper, cotton based or even plastic, is that they are often limited to the boundaries of the nation of their origin and depend on regulations by government and other regulatory bodies. Cryptocurrency, on the other hand, is purely code based and allow users to perform transactions through their e-wallets without any fear of control by other parties due to the decentralized nature of the currency.
Most of these currencies are obtained by solving a complex mathematical function, which may often require the assistance of multiple computers with higher computational ability. This process of solving is called ‘Mining’. Earlier mining could be performed even on home devices, but with increasing demand, the required computational power and involved costs have also increased. Often some miners group together and share resources to mine successfully and cost-efficiently.
Scavo aims to construct multiple large-scale self-sustaining mining farms. Funds will be initially collected during the ICO and diverted to the construction of farms and the power plants needed to supply the required energy. Once the farms can work with independent energy, then maintenance costs can be covered by collected income and revenue generation increases.
Scavo vs Others
Scavo’s approach to the problem is modular, which results in a highly scalable solution, where energy (electricity) is produced from renewable sources, making the process sustainable and environmentally friendly. Scavo guarantees weekly payouts to users in a completely secure and automatic manner through the use of smart contracts which are based on the blockchain platform.
The Scalo ICO is scheduled between 15th July and 31st October 2018. The current Market cap for Scavo is at 100,000,000 with an expected 80,000,000 tokens to be made available. The Scavo tokens can be purchased via BTC, BCH, ETC, ETH, LTC, XMR, DASH, DCR, ZEC, XUN, Bank Transfers, or Credit cards.
The tokens are distributed to the team ( 4%), general reserve fund (8%), bounty campaigns (2%), Marketing (6%), and holders receive the remaining 80% of the tokens.
Calculations with inputs from industry experts estimate that a user who invests $ 5000 in Scavo for a period of 36 months (3 years) will generate almost $21,204.
- An R&D Unit to build the crypto mining farms
- Solar Power Stations with solar energy power generators and prototyped hardware that helps in automizing management
- R&D Cryptomining farms where prototypes for renewable energies and hybrid sustainable solutions.
- Ecological Miners Development so that miners can adapt with GPU and ASIC to operate with new energy sources and smart mining
Scavo has a team of 7 main members, 2 legal consultants and 3 external collaborators dedicated to achieving the mission of becoming the industry leader in regional markets for sustainable cryptocurrency mining.
Guillermo Nardoni – Executive Director, Hernan Bucciarelli – Director of Finance, Matias Nardoni – Director of Operations, Liliana Pizarro – Administration, Franco Ledesma – Networking, Enrique Bucciarelli – Logistics, Miguel Araya – Director of Technologies, Aldo Somoza and Alfredo Carlstein – Advisor are some of the members of the Scavo team.
Scavo has also partnered with INNOSILICON, panto, EBANG, EVGA in order to achieve market dominance.
For More Details of SCAVO:
Official Website: https://scavo.farm
ANN Thread: https://bitcointalk.org/index.php?topic=4832228
Post By Anton De Mel
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1770640