SCAVO-ICO Review

in #blockchain6 years ago

SACVO

SCAVO technology is in the sector of telecommunications in Argentina. This is basically engineering of telecommunications data center system for crypto mining, utilizing alternative resources. The venture hopes to eliminate 3 difficulties present in the current cryptocurrency mining industry.

  1. Mining cryptocurrency demands a great deal of electrical power, which happens to be among the primary sources of expenses of miners. Scavo has designed a fresh process of offering mining sites with electrical energy utilizing alternative energy sources, the cost of that is virtually zero.

  2. Centralization of mining along with the positioning of farms in the countries with the most optimal circumstances. Thanks to the Scavo solution, that enables to considerably decrease energy fees, mining center owners will not anymore choose a location for farms depending on the price of power in the locations

  3. Developing a self-supporting mining center is a costly procedure. To accomplish this, miners require to construct their personal power station, however, the Scavo solution permits them to do without it. As a result of the technology of Scavo, it takes 1 year to set up a completely self-reliant mining center.

Scavo will be accountable for finding the optimal location for the farm and energy power plants, buying machines and delivering it to the destination. The company may also be associated with the Construction of farms and organization of the cooling system. The major principles of the company's work are to offer access to clean electricity at an incredibly low price, the utilization of industrial-class equipment for the production and construction of various blocks that make up the crypto mining complex, energy effectiveness and the necessary trustworthiness for the process of mining cryptocurrencies in the long run.

Energy self-sufficiency is becoming an important theory in the development of the project. Attaining this objective allows to eradicate binding places with the cheapest energy, and also shields against disturbance in electricity rates and changes in energy policy. Sustainable energy sources ensure it is possible to construct mining farms even with locations where electricity prices basically make mining unprofitable. Developing own energy source requires 1 year, after which energy costs will reduce from $0 .12-$0 .15 kW/h to $0 .01-$0 .015. Simultaneously, the minimum service life of such a facility will be 10 years.

Furthermore, SCAVO token will be based upon ERC-20 standard where total token supply is 200 000 000. The price of a SCAVO token is mentioned as USD 1 where all of the payments are accepted only from BTC, BCH, ETC, ETH, LTC, XMR, DASH, DCR, ZEC, XUN, BANK TRANSFERS, CREDIT CARDS . The minimum amount to be put is documented as USD 25.

Token Information

Token Ticker: SCAVO
Platform: Ethereum
Type: ERC20
Country: ARGENTINA
Total Token: 200,000,000
Price: 1 USD = 1.0 SCAVO
Accepting: BTC, BCH, ZEC, ETH, ETC, XMR, DCR
Softcap: 500,000 USD
Hardcap: 83,600,000 USD

Links
Website: https://scavo.technology/
Whitepaper: https://scavo.farm/download/WhitepaperEnglishv1.15.pdf
Telegram : https://t.me/SCAVOTech_English
Twitter: https://twitter.com/SCAVOTech

Details of the author
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1961626
Bitcointalk profile name: dollurs
Telegram: @sachidil

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