BOUNTY KRG - backed by a real estate business 500 000 KRG pool

 KRG token is an Ethereum-based ERC-20 crypto asset backed up by real estate business: Karagandy Hotel & Office complex in the heart of Karagandy city (Kazakhstan).

KRG token is a simple and transparent blockchain-based tool designed to make investment in commercial real estate straightforward and easy. Each token is backed by a share of the Hotel & Office complex market value at the rate of 1 KRG per $1 of the market value which amounts to $10,000,000.

Future commercial profits generated by the business will allow for a phased buyback of KRG tokens from crypto exchanges — a process aimed at reducing the total supply of KRG tokens in circulation and strengthening their value. During pre-sale (until the 1st of September) KRG tokens are available for purchase at a discounted value of $0.5 per 1 token. On September 1, 2020, the KRG token is to be listed on BTC-Alpha cryptocurrency exchange and sold at the rate of $1 per 1 KRG token.


Karagandy Hotel & Office Complex

Karagandy Hotel & Office complex is a commercial area which has a total area of 10,000 sq.m. and 5 floors of buildings, each of which is commercialized for various purposes such as offices and hotels.

Karagandy is a 3-star hotel which is strategically located in the city center with easy transport connections giving an edge in terms of customer flow.

If we look at business opportunities, the Karagandy Hotel & Office complex is quite good to look at, considering the potential of Kazakhstan's tourism industry, which is expected to increase every year.

Tourism potential in Kazakhstan

The direct contribution of the travel and tourism industry accounted for 5.6 percent of the total GDP of Kazakhstan in 2019. According to the official government strategy published in May 2019, the goal is to make it 8% by 2025.

Tourism investments

Over the past decade (2009 - 2019), the average annual investment growth in tourism and entertainment enterprises amounted to 10%, and according to the results of 2019, the increase in capital investment reached 46.2% per year.

By the end of 2019 direct tourism investments amounted to 153.7 billion Tenge (approximately 368 million USD), thereby breaking the record level in the history of Kazakhstan. Government funds accounted for 40.2% of the total investment amount, 46.2% accounted for equity, and 13.6% were borrowed funds and bank loans.

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Investment climate in Kazakhstan

The Central Asian nation of Kazakhstan seeks to profit from its geographical location and become the “New Silk Road” linking China and Europe through Central Asia and Russia. Kazakhstan aims to become the Eurasian Economic Union’s investment center. In the Doing Business 2020 rating from the World Bank, Kazakhstan ranked 25th among 190 countries (in 2019 - 28th, in 2018 - 36th). The country is in the TOP-10 of the world countries in such indicators as compliance with contracts and protection of the rights of minority investors.

Over the past decade, the national economy received $250.2 billion, or about 80% of all foreign direct investment flows over the years of independence ($ 320 billion). This trend is an eloquent evidence of investment policy efficiency.

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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. Following are the details of the KRG token:

  • 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.


The token is sold on the crypto exchange

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Team

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Lavrentiev Alexander

CEO

To get more accurate information, please visit the link below:


AUTHOR

BTT username  -  albertjohn2020

 BTT link  -  https://bitcointalk.org/index.php?action=profile;u=2849107

 ETH-  0xbd88Ee47b8b03Ee312FC1ccb3AFE8Bd90B2c8665

Proof: https://bitcointalk.org/index.php?topic=5299539.msg56038436#msg56038436

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