What are the Future Plans of Power Corp ICO?
Summary: Power Corp is one of the safest ICOs to invest in 2018. Why? Because it is one of the few ICO projects that are backed by real assets, that means the crypto-coin can be actually valued in the market. Know more about Power Corp project and their future plans.
Power Corp is one of the safest ICOs to invest in 2018. It is one of the few ICO projects that are backed by real assets, that means the crypto-coin will actually hold a real value in the market. In this release, you can find more about Power Corp project and the future plans of the company.
While the Power Corp investors are getting excited for the new venture and for making profits from their Power token investments, at the same time, it is natural for them to wonder what the future holds for the PowerCorp company, the project, the token and for its investors. Here you can find details about Power Corp crypto project plan and the future stages as well as the plans for utilization of the ICO funds.
Power Corp Project - Future Stages
ICO Funds Allocation
The proceeds from Power Corp pre-ICO and ICO sales will be majorly used for the development of solar and data farm infrastructure and acquisition of assets for power corp treasury, both of which are the fundamental requirements of this project. Find the Power Corp ICO fund distribution details below.
Solar and data farm infrastructure - 40%
Asset Acquisition for Power Corp Treasury - 40%
General and Administrative (G&A) Expenses - 10%
Marketing - 7%
Third-party consultants - 3%
The conclusion of Power Corp ICO sales will be followed by the official release of Power Token (PowerCoin), which is a decentralized asset-backed cryptocurrency. The tokens will be disbursed to the wallets of the ICO investors.
Waves Platform (with Dex Asset Exchange)
PowerCoins will be managed and traded on a dedicated blockchain environment, called Waves platform, which is used for the trading of assets and cryptocurrencies. The platform has been designed upon Ethereum blockchain and customized for faster and error-free transactions. It can easily perform hundreds of transactions every second, making it one of the fastest blockchains in the world. Waves is associated with Dex Asset Exchange for trading of Power Tokens with other cryptocurrencies, assets and cash.
Establishment of Mining Leases
The major stage of the project involves the establishment of dedicated mining leases across the world, including North Carolina (USA), New Jersey (USA), Canada, South Africa, Morocco and more. The leases can be purchased in exchange for Power Coins. These mining facilities have been designed with advanced mining features and resources including power and systems to allow anyone to mine the top cryptocurrencies at low-cost and earn more coins in less time.
Power Vault and Data Firms
Power Vault is a special storage reserve that holds around $100 million iron ore reserves, real estate, intellectual property and development rights for data farms and renewable energy. All these things are aimed at strengthening the market value and demand for the Power Coin. The Power Corp data farms completely run off low-cost solar energy that enables users to mine more crypto coins at low transaction cost.
If you would like to know more about the Power Corp project, the ICO or the token, visit the website powercorp.us or read the project white paper. The pre-ICO sale has started.
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Company Name: Power Corp
Contact Person: Timothy Webb
Country: Hong Kong