Blockchain Business Model In Kazakhstan
The main goal of the Facite investment project is to develop the financial and economic environment in Kazakhstan using blockchain technology. The Facite Foundation built and operates a mining center in Pavlodar, Kazakhstan based on geographical conditions, government policies, and electricity schemes for the mining industry. Some of the revenues from the mining center are shared with Facite token holders and the profits from the Facite Foundation’s projects in Kazakhstan are also allocated to the community.
The Facite Foundation also operates Kazakh bus cards and solar power plants.
The solar power plant will be built in Almaty, one of the three major cities of Kazakhstan.
The Facite Foundation will receive and provide a portion
of the profits generated in these two projects to Facite token holders.