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karvuon Ico Review

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Karvuon is a blockchain-based platform built to construct a wide variety of energy-producing plants in Mongolia. Because of its natural resources, land, and over 300 sunny days, this country is the perfect fit for mining farms where renewable energy sources will be utilized. Our goal is to become a world leader in the production of energy through the construction of wind farms, solar power farms, power plants, and a blockchain data center. By generating enough energy, we plan to support an industrial park to host data processing centers as well as cryptocurrency farms to create a highly profitable company for our shareholders/token holders. Karvuon will hold an IEO to collect funds for platform development. The allocation of Karvuon utility tokens will represent tokenized energy produced by Karvuon coal-powered plants or solar/wind farms. Users will have the chance to exchange them for security tokens supported by platform-produced incomes. The STO campaign will be launched on our platform to provide holders of security tokens with the opportunity to receive dividends distributed each reporting period after official financial statements. Our team aims to make noticeable changes and improvements in the mining sector, providing Karvuon Token will produce and supply the Blockchain industry with the energy it needs to fulfill the ever-growing appetite for energy consumption while bringing energy to other industries. Karvuon currently owns 327 million tons of JORC-approved coal deposits in Mongolia, and plans to start with this traditional energy source in order to build and operate renewable energy plants. low computing costs and better power alternatives.

Essential Information

Ico Time
2019-12-10 – 2020-01-10
Token Name karvuon
Token Symbol KVN
Whitepaper View Whitepaper
Website Link https://www.karvuon.com
Price
0.02 USD
acceptable
ETH
Hard Cap
5,000,000 USD
Hard Cap
17,206,392 USD
Whitelist/KYC KYC & Whitelist
Country Mongolia

More About karvuon:

Mission and Goals
Utilizing Mongolia for its natural resources, land, and over 300 sunny days per year, Karvuon, LLC is planning to construct a wide variety of energy-producing plants where renewable sources will be the target.
With a JORC-confirmed 327 million tons of coal deposits, Karvuon LLC plans to start with this traditional energy source in order to construct and operate an industrial park in central Mongolia.
Our goal includes:
● A coal-powered 200MW power plant
● A solar farm
● A wind farm
● A crypto mining facility with a capacity of up to 500,000 mining machines.
Karvuon is launching an initial exchange offering to attract investments for initial platform development, with the distribution of Karvuon utility tokens that represent tokenized energy produced by Karvuon facilities. Further, it will be possible to exchange them for security tokens backed up by platform-generated revenues. Our STO campaign will be launched on our platform to provide security token holders with the opportunity to earn payments, which will be distributed every reportable period after official financial reports.

MARKET OPPORTUNITY
Global Energy Demand
According to BP Energy Outlook, the growth in global energy demand is broadbased across all primary sectors of the global economy. A range of trends in energy use and consumption bears heavily on the projected energy transition.
Expansion in global output and prosperity is driving massive growth in global energy demand. Energy consumption is increasing at the rate of around a third over past projections. As is the case with GDP growth, the vast majority of this increase stems from heightened prosperity, as billions of people move from low to middle income. This allows them to substantially increase their energy consumption per head.
Considering the fact that overall growth in global demand for energy is materially offset by a decline in energy intensity (energy used per GDP unit), the world is quickly learning to produce more with less.

Karvuon’s goals in terms of energy-source establishment meet the abovementioned conditions. Our renewable technology, based upon solar and wind resources, will be utilized to guarantee industry improvements and decrease carbon emissions. Though our first goal is to supply the blockchain mining industry, over time, we will be able to produce enough energy to support other industries in need.

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