Frasindo

Frasindo Rent it is a Self-sustainable Blockchain & Start-Up Incubator (have its own routine income). The routine income comes from the “Online-Taxi + car rental + driver recruitment” business, as an Official Uber, Grab and Gocar partner in Indonesia.

Abstract

Blockchain is a very interesting technology which is a distributed ledger or decentralized database that keeps records of digital transactions and . Yet for many, the technology remains an elusive concept. The tech also brings the invention of peer-to-peer computing technologies such as the infamous BITCOIN, NXT, ARDOR, IGNIS, Stellar Lumens, Ethereum, Dash, etc. This tech calls are simplified as coins, it’s so useful for transferring value, and the value is raising over time since its first appearances.

Not only a attracting many tech lovers and FINTECH enthusiasts, its value also a attracting scammers, and frauds, especially since the technology is still in baby steps, there is no code of ethics and no rules governing it. Ordinary people may not fully understand it, the transaction that happens can’t be reverted back.

Blockchain use case varies from tracking live tuna, as a currency, also creating any assets that could be pegged versus fiat currency, etc.

Nowadays scammers are even so skilled, fully equipped, very convincing, and somehow had strong funding, also have very good graphic design, often use the tech to mislead naivest tech enthusiast and newcomers in believing that they are strong and can be trusted. No different than the legit projects, scammers are also selling the concept and ideas, using the same approach as a startup and saying that what they plan is more advance than previous released coins.

With the intention of revolutionizing the blockchain community, PT. Frasindo Lima Mandiri which also an UBER GRAB and GOCAR Partner in Indonesia, launch all the scam prevention product/brand starting from its FRAS COIN “Frasindo Rent”, which is representing the main company. It is pioneering the first truly open, transparent and LIVE 24 hour, real in everything from the company to the founder and backed by real assets, with real income weekly, which could provide stable income. Confident to give guarantee income and most importantly a minimum warranty, makes it the first Blockchain Product to be FAILPROOF and never worried of any downturn times on the exchange markets.

The company planned to be fully cooperate with blockchain technology mentored by the NXT Foundation and Stellar Foundation. With its very ambitious ROADMAP which will voted by backers; Will speed-up if the initial FRAS COIN Offering is a success; Or faced the slow moving but still self-sufficient, with the same roadmap if the ICO/Crowdsale is not as expected. Whatever choice “Frasindo Rent” is fully active company, and definitely will survive even with or without the Crowdsale success.

The “Frasindo Rent” of PT. Frasindo Lima Mandiri generates regular income to the company up to 37.96%/year; Therefore it is very important and will be the KEY of ROADMAP, to self-fund all other FRASINDO PROJECTS which is 50% IT Information Technology Business and 50% Modern Conventional Business; Becoming Blockchain Incubator in South East Asia region, and will speed-up the Crypto Inclusion in Asia, which we hope to be able monopolize and bring crypto habituation to surrounding region. FRAS CON is the only way we know, on how to funding all the company expansions without burning the members funds.

Journeys will be fully documented on FRASINDO MEDIA, we aim big, and we are in race for Asia. Our ultimate goal is “Legitimate Online Bank, in Asia”.

And who knows someday, with the company becoming well recognized in the blockchain community, we also dream that we can afford to buy and operate Self Driving Autonomous Car as TAXI.

Read whitepaper

Information

Site
https://www.frasindo.com
Token
FRAS
Total Supply
100,000,000 FRAS
Country
Indonesia

Initial Coin Offering (ICO)

Crowd-Sale
Period: Feb 15, 2018 — Apr 15, 2018
Bonus: 20% (Round 1), 18% (Round 2), 15% (Round 3), 10% (Round 4), 7% (Round 5), 5% (Round 6), 0% (Round 7)
KYC/AML
No

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