Indonesia-Based Car Rental Company Frasindo Join the Cryptocurrency World with Launch of FRASCOIN and CARCOIN
The recent and unprecedented speed at which the Blockchain community has expanded has given birth to some wonderful and innovative ideas, however, it is not without its pitfalls.
The dedicated team at Frasindo have conducted extensive research into the Cryptocurrency industry and highlighted key issues surrounding the market.
Understanding that the current Cryptocurrency ecosystem is awash with extreme volatility, combined with a total lack of regulation; Frasindo incentivised a solid concept, designed to defend investors and protect their investments.
The Birth of Frasindo
Frasindo’s solution to the many issues surrounding the cryptocurrency market is to provide a coin with its foundations backed by physical assets in the form of vehicles. These vehicles provide the routine income from which Frasindo was built. The company has already secured prestigious partnerships with the dominant ride sharing companies operating within Indonesia.
Frasindo provide a multitude of vehicles for Uber, Grab, and Go Car as Online Taxi. The investments generated from the purchase of Fras Coins will allow Frasindo to continue the expansion of their rental armada and the different start-up projects submitted by community.
It is ensuring the coin will always be backed by physical assets, and gave birth to a lot of …
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