KRG token; A cryptocurrency backed by a real estate business

The KRG token is a cryptocurrency asset based on Ethereum in ERC-20. It is supported by a real estate business. This is the Karaganda Hotel in Kazakhstan.

The coin is a transparent and simple blockchain-based tool. The token was made to facilitate investment in commercial real estate. All coins are secured by a share of the hotel's market price at the rate of 1 rupees and 1 dollar. Executive Director Lavrentyev Alexander believes that KRG Token will be a new stage of effective economic development for the crypto market.

About token
Commercial profit, which will be generated by the business in the future, will give the opportunity to buy KRG tokens at the stages of cryptocurrency exchanges. With these actions, you can reduce the total number of coins. In the future, these processes will increase the cost of the token. Until 01.09.20, it was worth 0.5 dollars. Now its value is 1 dollar, and this price is expected to rise in the future, though not immediately.

In total, there are 10 million tokens (this is the price of the hotel). The coin is already sold on two exchanges:

BTC Alpha - this became possible on September 1 this year;
Coinsbit;
In the future, it is possible to connect other, no less large exchanges. Thus, the coin will eventually become widespread among traders.

The token has an average level of volatility. This allows the company's clients to invest their funds profitably. They will also always receive a stable income.

As for the KRG wallet, it is located here.

Kazakhstan's tourism
Last year, the tourism industry accounted for about 5.6% of Kazakhstan's total GDP. The Government has developed a strategy that will be 8% by 2025.

In addition to the hotel, there are other places in Kazakhstan that attract tourists. For example:

Karkaralina State National Natural Park. It is located in the Karaganda region.
Bektau-Ata mountain range, which is located in the desert. Scientists consider it an unborn volcano. The mountain range looks like boulders of different shapes and sizes.
About the hotel
The Karaganda Hotel is a five-storey commercial property. The total area is 10,000 square meters. The first floors are given to offices. The rest are different hotel rooms. The hotel is located in the centre of the city. The hotel belongs to the economy class. This gives some advantages in terms of attendance. At the moment the hotel has 3 stars.

On the investment climate in the country
The Kazakh authorities are trying to benefit from the territorial situation of the country and want to turn into the "New Silk Road" which would connect Europe and China through Russia and Central Asia. The World Bank updates the Doing Business rating every year, and in 2020 the state is in 25 positions among 190 countries. It is worth noting that in 2018 the state ranked 36th, and in 2019 already 28th position.

Over the past 10 years, just over $250 billion has been invested in the national economy. Over the years, total investment has totaled $320 billion. Therefore, it can be said with certainty that such an investment policy works well. In the future, only minor adjustments are possible.

Kazakhstan is in the top 10 world countries in terms of various indicators, especially:

Protecting the rights of minority investors;
compliance with contracts.
The country has set itself the task of becoming an investment center of the EEC.

Investment in tourism
The entertainment and travel industry has invested an average of about 10% over the past 10 years. Capital investments increased by 46.2% last year.

Direct investment in tourism in 2019 was $368 million. Such figures were the highest in the history of the country.

Useful project links:

Official website: https://krg-token.com
Telegram (chat): https://t.me/krg_eng
Twitter page: https://twitter.com/KrgToken
Facebook: https://www.facebook.com/krgtokenworld
Instagram: https://www.instagram.com/krgtoken_eng
Whitepaper: https://krg-token.com/docs/whitepaper_en.pdf

Bitcointalk username; Gafman
bitcointalk profile link; https://bitcointalk.org/index.php?action=profile;u=1903236
eth address; 0x187E33326e2Af1E9Fc6EB67e1cc15c282a961e08