KRG TOKEN is a cryptocurrency backed by a real estate business

davidtosin (8)in #cryptocurrency • 3 years ago (edited)

Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service.

Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Counterfeiting and anonymous transactions are impossible to achieve.

INTRODUCING THE KRG TOKEN
We are here to discuss a new Revalishing and very high-class cryptocurrency token named KRG which is based on ERC-20 blockchain and basically comes in emergence to make investments in commercial real estate transparent and easy. KRG token, a simple and transparent blockchain-based tool designed to make investment in commercial real estate straightforward and easy has arrived.

BASE OF PROJECT
KRG is a Hotel KARAGANDA which is located in the central and the busiest area of the city Karaganda. Karagandy is a three-star hotel and is considered economy class, which along with easy transport connections gives an edge in terms of customer flow. Hotel “Karaganda”- is recognized as one of the best options for a comfortable and exotic stay with beautiful interiors which are Being imported from different parts of the world to attract the customer mean tourists who came from across the world to enjoy their holidays.

In addition, The immediate commitment of the movement and the travel industry represented 5.6 percent of the absolute GDP of Kazakhstan in 2019. As per the official government system distributed in May 2019, the objective is to make it 8% by 2025.

The KRG Tourism Investments

According to the KRG whitepaper, over the previous decade (2009 - 2019), the normal yearly venture development in the travel industry and amusement endeavors added up to 10%, and as per the aftereffects of 2019, the expansion in capital speculation arrived at 46.2% every year.

Before the finish of 2019 direct, the travel industry ventures added up to 153.7 billion Tenge (around 368 million USD), in this manner breaking the record level in the history of Kazakhstan. Government reserves represented 40.2% of the aggregate venture sum, 46.2% represented value, and 13.6% were obtained assets and bank credits.

The KRG Investment Climate

The Central Asian country of Kazakhstan tries to benefit from its geological area and become the “New Silk Road” connecting China and Europe through Focal Asia and Russia. Kazakhstan expects to turn into the Eurasian Economic Association’s speculation place. In the Doing Business 2020 rating from the World Bank, Kazakhstan positioned 25th among 190 nations (in 2019 - 28th, in 2018 - 36th). The nation is in the TOP-10 of the world nations in such pointers as consistence with contracts furthermore, assurance of the privileges of minority financial specialists.

FEATURES OF KRG

KRG is a unique type of crypto asset which is made for the enhancement and development of Hotel and real-estate business. In non-digitalize real estate, business is still having very difficulties and non-transparency people are getting being scammed and brokers make fool of the common person and earn a very high rate of fees and as a result in many countries, I must say in most of the countries are adopting Blockchain technology so that transactions and trading can be transparent and bit easier.

WHY KRG IS UNIQUE

The first time in crypto history that project krg will improve the value of tokens by the process of buyback from the cryptocurrency exchanges from the funds and benefits generated from the hotel and real estate businesses. This unique mechanism KRG asset has a total supply of 10 million.

INITIAL COIN OFFERING

Pre-sale price: 0.5 USD per 1 KRG. ICO price starts at 1 USD per 1 KRG.IEO will soon to start on Btc-alpha and coinsbit.io

WHICH WALLET IS BEST FOR KRG STORAGE?

You can use both our official wallet https://wallet.krg-token.com and any other supported ERC-20 tokens. The best way to keep KRG is to make a wallet on the official wallet suggested above because many new investors or traders may not have knowledge about M.E.W i.e how to restore and also how to keep it secure, but on the other hand, an official wallet provides you a key of seed phrase which can write on a paper and can keep it safe without any fear of getting hacked also you will provide an encryption password by which you can encrypt your wallet easily. Rest is up to your choice and ease of use

About The KRG Ecosystem

KRGCredit, KRGInvestments, KRGPay, KRG.Exchange, KRGTrade, and KRGWallet. There will be even more ways to receive benefits and discounts for staking and using KRG tokens.

Trade

KRG tokens must be exchanged on an outsider crypto trade (BTC-Alpha).

Token Economy

Future incomes from the inn business will be utilized for a staged buyback of KRG tokens, in this manner contracting the all-out inventory on KRG available for use and animating interest and worth.

About The KRG Token

KRG Token will be launched under the name "KRG" with a limited supply of 10,000,000 KRG. KRG will be a token that will be traded on the market for 1 USD, but in the initial phase, the team will reduce the price to 0.5 USD per 1 KRG with a time limit. The team plans to do a pre-sale until 1.09.2020 and IEO (BTC-Alpha): 1.09.2020. In the future, the tokens will be used for various purposes, and when the profit is met, the team will buy back the tokens circulating in the market to stimulate demand and value.

Token Details

Ticker: KRG

Total Supply: 10,000,000 KRG

IEO Pre-sale: till 1.09.2020

IEO (BTC-Alpha): 1.09.2020

Pre-sale price: 0.5 USD per 1 KRG

Description: KRG token is a highly volatile crypto asset backed by an established business: Karagandy Hotel & Office complex in Kazakhstan.

Wallet Please visit krg-token.com and proceed to our web-based wallet for ERC-20 tokens.

Trade KRG tokens can only be traded on a third-party crypto exchange (BTC-Alpha).

Token economy Future revenues from the hotel business will be used for a phased buyback of KRG tokens, thus shrinking the total supply on KRG in circulation and stimulating demand and value.

KRG is listed on the following exchanges;

BTC-Alpha: https://btc-alpha.com/ru/exchange/KRG_USD

Coinsbit: https://coinsbit.io/ru/trade/KRG_USDT

The CEO