Frasindo- Online Transportation which is Blockchain Based in Indonesia

Introduction

Currently Initital Coin Offering is increasingly popular even last year to worth more than $ 4 billion, so many parties want to take advantage of this popularity, even every day there are new ICOs that appear in the market. But some of these ICOs sometimes do not have good quality and do not have products and services that are already running. Finally, many investors are disappointed, because in the end the token price after entering the market becomes lower and from the price of ICO. In addition, some ICOs have legal problems because the company that holds the ICO does not get permission from the local government and also from the United States government, in this case the SEC (Securities and Exchange Commission), so many ICOs do not accept investors from the USA.
On the other hand, the adoption of Blockchain technology can not be damaged anymore, many start ups-starts ups in the world develop their products and services using the benefits of this Blockchain technology. Even some starts ups and companies from Indonesia do not want to miss, one of them is PT.Frasindo Lima Mandiri. The company will use Blockchain technology to improve its products and services. And currently PT.Frasindo Lima Mandiri is in ICO, where the coin sale done by this company has got permission and legality from OJK (Financial Services Authority), and of course with the existence of this legality give advantage to investor because no worries again will be a matter of legality like other ICOs. Follow ICO's review of Fras coin further below to find out what benefits to be given to its investors.


What is FRAS COIN?

FRAS COIN is a Blockchain & Start-Up Incubator which have self-sustainability (have its own routine income), and offers lifetime passive income + CAR COIN* as dividend. The routine income comes from the “Online-Taxi + car rental + driver recruitment” business, as an Official Uber, Grab and Gocar partner in Indonesia.
Backed by real companies, have real assets (Cars), and “certificates of assets” are kept indefinitely by the NXT Foundation in Netherlands, also real legalized by the Indonesian government + many more; It’s the only asset available, that offers multi-protection & multi-benefits & multi-surveillance (LIVE 24hour) to pub.

Advantages & Benefits

Advantages

• Real activity that can be observed within 24 hours by GPS & Camera, Help us secure the company
• Supported by real assets, and asset certificates are auctioned by the NXT Foundation
• Fully managed company, not much research needed anymore, subtract
• Providing Passive Income Routine, may never worry about the down time of the market
• Ratified and ratified by the government, included in indobotport master plan 2020
• Everything about frasindo, anytime, anywhere, is as easy as from your phone

Benefits

• Drivers + free car use, take your family on a business vacation
• 10% COIN Profit Share of all company expansion + FREE COIN represents it
• Guaranteed COIN Dividend upto 37.96% *, do not get involved in the pump & dump
• Min COIN income warranty 8.88% *, make sure profit in difficult times

How does Fras Coin work?
As a company that has been established in 2013, of course they already have a lot of experience in the field of online taxi. And since Frasindo has authorization with the government then they have the authority to cooperate with online taxi like Uber, Grab and Gocar. Frasindo will have the task of improving the service and quality of online taxi in Indonesia by giving more benefit to society. Frasindo has a duty to supply cars and drivers to the online taxi company. So the profit of online taxi operation from Uber, Grab and Gocar is not only profitable and giving revenue to their party only, but also for Frasindo and also token holder of Frascoin later. Frasindo's token utility (FRAS Coin) is designated only for the Internal community, and also does not share dividends, rather than securities, but they are eyeing to go public. Fras Coin is released on the platform blockchain Ethereum, Ardor / Ignis and Stellar and later we can swap and sell this coin in the exchange Stellar / Ardor or also in other exchange platform. And in ICO they use various methode options in Fras coin delivery later, such as Ethereum platform and coin type will be ERC20, and also with Ardor and Stellar platform.

 For easier understanding of how Fras coin works are every purchase of FRAS COIN will get CAR COIN, and Fras Coin represents cars and 10% of all businesses under Frasindo company, Fras Coin release above blockchain Ardor, Stellar and Ethereum, Coin holders more from 20 thousand Fras Coin will get CAR Coin every day and CAR Coin can be used to get other services by reinning the Coin, such as hotel stay, tour, dinner at restaurant, hire driver and car free and others. The benefits of Frasindo Company come from real business, such as:

•  10% for all new child projects / projects that will also have a new coin-coin.

•  Car rental for taxi online

•  Driver registration

And the profits from the above businesses will be used again to increase company earnings such as adding new cars and fleets, starting up new business expansion projects and Fras Coin buybacks in the market to increase prices.

Mission Frasindo
 
Our mission is to start a safe company for Blockchain community, Supported by real assets, and always 24 hours + 7 days all transparent. We at PT. Frasindo Lima Mandiri thinks one should start the principle of trust and transparency in the blockchain community, hoping to pioneer the first open and transparent company, as well as new standards for all other ICO and Crowdsale projects.
Every PT. Frasindo Lima Mandiri branded and well-crafted and well-planned products to have FAILPROOF capability, not only gives advantages and fun, but also generates revenue for its coin holders.


Details of ICO Frass coin

Currently ICO Fras coin is already in progress and will end on 15 April 2018, Fras coin also provide some bonus to you and the size of bonus depends on the time you buy coinnya, and currently the bonus given Fras coin is 18% and this bonus will decrease, so the sooner you buy the coin then the bigger you get the bonus. And purchases from Frascoin can be through Bitcoin, Ethereum, and also other cryptocurrencies, and if buying Fras coin with crypto other than BTC or ETH then it must be through Changelly or Shape Shift. And Frass Coin price is very cheap if compared with other ICO, the price is 1 Fras coin = $ 0.15073031.
 

Who is the team and founder Fras coin?
The team and founders of Frascoin consist of several experienced people in their field, they are Sandy Budiman as Chief Executive Officer (CEO) and Founder with years of entrepreneurship experience, Lidya Francisca as co-founder with years of experience in hotel industry . Lidya also works for Singapore Airlines. And many more teams and other advisors, all of them can be viewed on their website.

CONCLUSION
 
Fras indo is a company that has been established and operating from 2013 which also has a clear legality from the Indonesian government in this case OJK (Financial Services Authority), and now they have a goal to develop the business they live through ICO and also want to provide passive income to coin holder. And this proves the fundamentals of this project is very good, so this is a plus for us to invest in this ICO. In addition, they have partnered with major online taxi companies such as Uber, Grab and Gocar, and this also makes Fras indo bigger forward, and certainly also passive income life time which is given is a good thing for the community economy for the common welfare.







More Information

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