FRAS COIN is a Self-sustainable Blockchain & Start-Up Incubator which have routine income.
Members can suggest ideas, which then get voted by the community, and if enough votes are received, the developers team at Frasindo will make it happen by appointing them as project leaders. We will then provide all business needs, regular funding, legality, and, shared-offices. It will then be acquisitioned as a subsidiary/Child-project of FRAS COIN, which makes this risk free, hassle free and doesn’t require any expertise by the original contributors. (The acquisition-ed child-projects will add giveaway 10% of its coin along with its benefits to FRAS COIN Members).
FRAS COIN is backed by official companies, backed by many assets within the transportation industry, we are also the only company which offers lifetime benefits,+CAR COIN* voucher, multi-protection, and 24hour LIVE-surveillance to the public. The certificate of assets is kept indefinitely by the NXT Foundation in the Netherlands. FRAS COIN fully complies with government regulations and has been fully legalized and approved by the Indonesian government.
The FRAS COIN main income comes from the “Online-Taxi + car rental + driver recruitment” business, as an Official TAXI ONLINE partner in Indonesia. As a self-sustainable incubator for start up+blockchains in Asia, FRAS COIN can last indefinitely and will not exhaust funds from our members.
Frasindo’s current progression is only the initial step towards the company’s vast expansion plan as stated by the roadmap. We see this as the best way to develop IT business without exhausting the community’s entrusted funding. The Community could enjoy the benefits without being involved in the ‘pump and dump’ culture. FRAS COIN is set to be released on a multitude of blockchain platforms.
The eligible Fras-Coin Holders, are also could generate CAR COIN daily for free (POS Proof-of-Stake), the CAR COIN can be use for vacation purposes; Bring your families visit Indonesia, survey the assets and then sipping coconut at the beach, as easy redeem the CAR COIN for free rooms, free food, tree tour, free guide, free car usage, ETC.