More Power For The Blockchain Industry
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. 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 low computing costs and better power alternatives.