Scavo-Technologies holding a market sale for fundraising (ICO REVIEW)

4 min readSep 17, 2018

The popularity and need for cryptocurrency is now growing. With That comes the demand for folks to mine cryptocurrency. Scavo Technologies is creating an eco friendly cryptocurrency exploration procedure. As time goes , the problem of mining a cryptocurrency usually raises. This induces a rise in electricity use to mine. Today, there’s a large quantity of power used to mine coins across the world. Scavo Technologies can be found in Argentina, and they intend to construct self sustaining mining places employing renewable energy like water, solar, and end.

Scavo Technologies is now holding a market sale for fundraising. There are lots of advantages related to being a token holder. Eighty percent of mining earnings will be dispersed to token holders together with the remaining twenty per cent being used for reinvestment to the operation involving the purchase and upkeep of equipment. Thirty percent of earnings from this could possibly be spread to token holders too. The token sale began on July 15th, and will operate till October 31st of the year. There’s a maximum token distribution of two hundred thousand tokens aspects.

INTRODUCTION

This is the revamped plan of Scavo Bounty program. The reason is that the bounty program has to be modeled in a such a way that it should exploit the exposure of that particular blockchain project. After a lengthy discussion and a careful consideration, we have come to a conclusion that the existing model is not fully utilized for our main requirement. Hence, we have cut and chopped a few items and introduced a couple of new bounty tasks for gaining maximum exposure to Scavo Project.

WHAT IS SCAVO?

Scavo technologies is an innovative blockchain company established in Argentina specialized in the construction of data center infrastructure for crypto-mining using renewable resources. It offers an intelligent, scalable, environmentally friendly solution with the ability to maximize energy resources with zero carbon footprint, natural and self-sufficient.

GENERAL INFO

Bountyminer.io company is responsible for the whole Scavo bounty campaign. If you have any technical question regarding this project, please ask it in Announcement Thread or hop into the SCAVO telegram group and contact one of the admin. Stakes which you will get from the campaign will be swapped for the SCAVO tokens at the end of the campaign. This campaign will last until the end of Scavo ICO (early October or before if the ICO is a success).

Token detail:

Platform: Ethereum
Token code: SCAVO
Total supply: 200,000,000
Price 1SCAVO = 1USD
Soft capacity: 500,000
Hard capacity: 83,600,000
Accept: BTC,ETH,LTC

Pre-Sale
Start date
15 Jul 2018 00:00 UTC
End date
20 Jul 2018 23:00 UTC

Crowdsale
Start date
21 Jul 2018 00:00 UTC
End date
31 Oct 2018 23:00 UTC

MISSION

At SCAVO Technologies we have three simple principles we always follow. The work must be done as a team. The implementation of the solution must be easy to understand. The solutions must be accessible by the general public.

Using these three principles as a guide, we believe that even with the increasing difficulty of mining in general, regardless of the crypto currency to be mined, we can develop a profitable investment program for the market through the creation of mutually beneficial projects that are accessible to the general public, easy to understand and based on cutting-edge technology.