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Commons Foundation Signs Blockchain Business Agreement Supported by Paraguay Government | 11/19/18

By combining cost-effective electricity and the abundance of Paraguay with the Commons Foundation technology blockchain technology, he established the world's largest cryptocurrency mining center and international stock exchange.

  • Inside the frame The Golden Goose project will create the world's largest cryptocurrency mining center and international cryptocurrency exchange.
  • Paraguay, which operates one of the most important hydroelectric power plants in the world, has for Duration of 15 years of stable electricity prices, which is one fifth of the amount provided by South Korea.
  • Indonesian government Paraguay has an area of ​​five times for mining and infrastructure centers 10,000m2 (Total 50,000m2)
  • The shareholders in the "Golden Goose" project will receive a share of the profits from the mining center of 30% and 70% of the daily price increase.
  • Participants in the "Golden Goose" project receive a mining win and get paid every day at MicroBitcoin (MBC).

SEOUL, South Korea, 19. November 2018 / PRNewswire / – The Commons Foundation Foundation of the Blockchain Technology Foundation announced on November 6 that it had signed a contract to build the world's largest cryptocurrency mining center and international cryptocurrency exchange, with support from the government in Ciudad del Este.

The contract is designed to establish five mining centers (covering an area of ​​around 50,000 square meters) near the world's largest clean energy power plant, Itaipu hydroelectric power plant, and mining facilities for 15 years, one year while ensuring high-speed Internet networks and enforcing laws to all businesses needed for this project.

Itaipu hydroelectric power station in Paraguay has the most authoritative annual production in the world 103,1 TW.

"Only 10 to 20 percent of the power generated by the Itaipu hydroelectric power plant will enter Paraguay consumed. More than 80 percent of energy is exported abroad. We will enter Paraguay Using cost-effective and abundant clean energy reaches the largest mining center in the world, "he said Choi Yong-Kwan, Chairman of the Commons Foundation.

According to The Commons Foundation, this agreement allows us to focus on the "Golden Goose" project in Indonesia Paraguay to concentrate. In addition, the Commons Foundation announced that they plan to use MicroBitcoin (MBC), which is an open source project donated by the Commons Foundation. Project participants will receive 30 percent interest in the profits of the Cryptocurrency Mining Center and 70 percent of the profits of the International Cryptocurrency Exchange, which will be paid in MBC.

The Commons Foundation plans, with investment support from Paraguay to conduct pre-sales and offers for IPOs and business agreements for the establishment of the Cryptocurrency Mining Center and the Cryptocurrency Stock Exchange in Paraguay insurance.

He plans to participate in projects through various methods, for example. For example, through presale MicroBitcoin (MBC), BTC (Bitcoin) and Ethereum (ETH).

Choi Yong-Kwan "We will create a new world-class ecosystem through the Golden Goose project, which is the world's largest cryptocurrency mining center and the world's largest cryptocurrency exchange."

"Indonesian government Paraguay "will actively support the" Golden Goose "Foundation's project and create tax benefits through a constitutional review," said Hugo Velazquez Moreno, Vice President of PT Paraguay.

This project marks the first milestone in building a blockchain ecosystem in South America.

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