[ICO INDONESIA] Borneo First - The first blockchain project on the island of Borneo

in #ico6 years ago


About ICO It (Abstract)
By having a Borneo coin then you can participate in Blockchain projects managed by Borneo First (BF). Our projects aim to explore the original potential of Borneo island and maintain the harmony of its natural wealth and wildlife life.
Initially, we will focus on 3 (three) main projects: Coal Green Mining, Independent Power Plant and Cryptocurrency Mining. In addition, we also have several projects including CSR (Corporate Social Responsibility) projects that focus on the preservation of endangered species such as Orang Utan. We see that some of our projects have potential for other blockchain cryptocurrencies, which will benefit the BF community financially.
The BF team will strive continuously to value Borneo coin while communicating actively with the communities that support it to decide which BF projects to run.

Potential of Borneo Island:

North Kalimantan: (young province established in 2013): hydroelectric (has a total capacity of 17100 MW from more than 20 rivers); oil and gas (764 million barrels of oil and 1.4 trillion cubic feet of gas); biogas and oil palm plantations; an integrated industrial estate and a special economic area (15,000 ha will be projected as an integrated smelting center with an international port); coal; agriculture / plantation and tourism
South Kalimantan: gold, iron ore, diamonds (largest producer in Indonesia), chromite, marble, clay, quartz sand, kaolin, coal, crude oil, palm and rubber plantations, agriculture, fisheries,
East Kalimantan: Plantations (palm, rubber, coffee, cocoa, pepper, cloves, etc.), livestock, fishery, agriculture, oil and gas, coal and tourism
Central Kalimantan: coal, bauxite, diamond, gold, quartz sand, quartz crystals, phosphates, limestone, iron, lead, copper, zircon, titanium, oil and gas, oil palm plantations, agriculture, and tourism
West Kalimantan: molybdenum, clay, gold, copper, lead, antimony, bauxite, uranium, zircon, quartz sand, granite, coal, oil and gas, forestry, palm plantations, agriculture (biggest producer of aloe vera in Indonesia), fisheries, and tourism.
OUR PROJECT

The flagship formula of Borneo First is the creation of sustainable long-term assets for the community with a project portfolio that can protect each project's risk with others.

We combine multiple sources of income into a winning formula where these multiple sources of income will ensure not only value from investment but also investment growth into a prosperity expansion exponent.

Coal Green Mining (Coal Mine)

What is Coal Green Mining
The coal mining industry has gone through many major and critical changes in terms of how to make the mining process environmentally friendly and we at BF are committed to avoid the least negative impact possible.
Our coal mining project will produce environmentally friendly thermal coal coal which is characterized by low levels of ash and sulfur, making it the world's lowest hazard (Hazardous Air Pollutants / Hazardous Air Danger) coal.
This type of coal is appropriately used as a source of energy for low-emitting pltu, and has trademarked as coal from the island of Borneo and gained an international reputation.

Why Coal?

Although humankind is beginning to use renewable energy, it is hard to deny that until now we are still dependent on fossil energy such as coal. The fact is that since 1970, the use of coal-fired power has risen to 350% worldwide. Coal currently accounts for 41% of global electricity (about 33% in the US specifically). These numbers will continue to increase. Why? One reason is that developing countries in Asia, such as China and India, use coal is still increasing.

China and India are the two most populous countries in the world, meaning that more and more people want and need energy. By 2015, there are about 240 million people in India who do not have access to electricity. The Indian government hopes to change that, as access to electricity means better economy and quality of life for its citizens. India is building large-scale power plants to meet the increased demand for access.

Thus making coal mining stands solidly as a tested and proven business model by time. There is no further need for a proof of concept or proof of work. What we do to expand our business profits is simple: scale up!

Independent Power Plant (Power Plant)

The reason we include a power plant project in our portfolio is to maximize profits from coal mining projects through the production of electricity that can be monetized through sales to the government and use it as a power generator for our third project: Cryptocurrency Mining. The electricity industry itself is able to survive in an economic crisis.
Min quantity of coal that can be mined will be calculated after further drilling and investigation, as an illustration with a quantity of 30,000 MT of coal can provide a power source for a 12 MW steam power plant for 90 years.
We also intend to take the opportunity of the island of Borneo located in the equatorial region by establishing a solar power plant (PLTS).

In the early stages, the BF team plans to build the PLTS in a sustainable manner until the capacity reaches 10 MW. With a land requirement of 15 Ha, the project is expected to become the largest PLTS on the island of Borneo, even in Indonesia.
We hope this project will draw more attention to Borneo First as well, so we can increase our generating capacity to 50 MW on the same land in Central Kalimantan
Solar power plants with a capacity of 10 MW will take 1 year in construction with a cost of about 10 to 20 million USD depending on the capacity of the battery.
We plan to partner with solar panel suppliers from Japan for this project and use the best panels in the industry.

Cryptocurrency Mining (Cryptocurrency Mine)
Access to cheap electricity has always been the key to a successful mining site as electricity costs dominate up to 50% of the total cost of running a mining site.
We have seen how the Chinese government has damaged the crypto mining industry by its plan to ban such activities and force entrepreneurs to seek other more lucrative locations in other parts of the world. Is that a solution? As far as we can see, the displacement of this location is like removing broken glass.

From the map below, China is at the center of Crypto mining. However, due to the high consumption of subsidized electricity, it has made the Chinese government banned such activities and forced to relocate to the region
Corporate Social Responsibility Program (Donate)
Our project not only provides financial benefits, but also social and environmental benefits. We recognize that our projects can have an impact on society and the environment, and these impacts need to be reduced for business smoothness.
For coal mining projects, as part of the project legal prerequisites and corporate social responsibility (CSR) program, a community development program will be designed based on the needs and needs of the local community. For each environmental impact, it will be reduced through the work of our coal mining rehabilitation division, which consists of engineers with educational backgrounds in the fields, environment, civil and agriculture.
Our social responsibility project will run side by side with other projects. The project will be managed in isolation but also prioritizes communication and coordination with the project that connects it.
First of all, the program to be run will be made on the recommendation of the final project feasibility report, and will be further developed after getting input from our advisors and government recommendations.

The scope of our CSR program is community service (such as renovation of public facilities and worship, tree planting, orphanage development), community empowerment (such as scholarships, SME training and agricultural training), and community relations (such as assisting communities in solving their problems) .

Purchase Terms
Minimum purchase is 100 BMG and we accept payment in ETH and BTC.

Presale

1 BMG = USD 0.30

Referral Bonus: 30%

Token available on Presale: 10,000,000 BMG

ICO Phase 1

1 BMG = USD 0.50

Referral Bonus: 20%

Tokens are available on ICO Phase 1: 70,000,000 BMG

ICO Phase 2

1 BMG = USD 0.80

Referral Bonus

Week 1 15%

Week 2 10%

Week 3 - Completed 5%

Tokens are available on ICO Phase 2: 55,000,000 BMG

Regular Sales

1 BMG = 1.00 USD minimum (will be determined later)

Referral Bonus

All-time 5%

The remaining tokens from ICO will be sold until the maximum supply rate is reached.

This offer is open to the global community where KYC and AML will be implemented. Restrictions apply to residents of Singapore, South Korea, China and American investors.
OUR ECONOMY OF TOKEN

ROAD MAP from BORNEO

Highlights of Borneo


TEAM

OUR PARTNERS (POTENTIALS)

FOR MORE INFORMATION PLEASE ASK FOR LINKS BELOW:

Website -https://ico.borneofirst.com/
Whitepaper -https://ico.borneofirst.com/assets/files/white-paper.pdf
ANN - https://bitcointalk.org/index.php?topic=3587008

username:Semokmok
BTT:https://bitcointalk.org/index.php?action=profile;u=1856165
ETH:0xf93C1eC0F49d10298A27B9DED495269Ff395666c

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70734.57
ETH 3561.52
USDT 1.00
SBD 4.75