SCAVO Technologies is a company established in Argentina specialized in the construction of telecommunications data center infrastructure for crypto mining, using renewable resources. Formally founded on August 1, 2017 as a result of 2 years of research and development of proprietary technology that together allow the energy self-sustainability of the entire crypto mining complex.
SCAVO is responsible for finding the right location for the farm and the power plant, buying the hardware, deliver it to the destination. Build and maintain the farm, set up their cooling system. Manage the internet connection service bills as well as to negotiate the interconnection with the existing power grid of the local energy distribution company to be able to inject the surplus generated energy (not needed for the farm) and be able to monetize it; and of course, any malfunction or problem that may occur during these processes. As mentioned above, the SCAVO Tokens holders will receive dividends, through a lifetime contract, or more precisely, as long as the profits of the mining farm operation exceed the utility bills.
INTELLIGENT SOLUTIONS TO REAL PROBLEMS
To reach the objectives proposed in their development, it was imperative to work on the concept of “Industry 4.0”; this is to achieve the highest degree of efficiency and automation of the possible processes for decision making. The guidelines that guide their proposal contemplate access to clean energy and at a very low cost, the use of industrial grade components for the manufacture and assembly of the different units that make up the crypto mining complex, energy efficiency and the necessary robustness to carry out the crypto mining process in the long term. This has allowed us to offer an intelligent solution to the problem of access to energy at competitive costs and thus contribute to the principle of decentralization as well as ease access to the use of technology to the general public.
USE OF CUTTING-EDGE TECHNOLOGY
They understand that innovation throughout the current system is something indispensable, necessary and imperative for crypto currencies and their technology to be accepted in a massive way. Due to this, it was necessary to align the development of the different parts that make up the crypto mining complex to the concept of “Industry 4.0”. At SCAVO Technologies they have developed different software/hardware components that automate several processes of the crypto mining complex. These components provide essential information in real time to the company’s computing center for decision making, while these processes are fed back with their own and external information that will optimize and help predict certain behavior in the future more accurately. All this could be achieved using complex technological processes and industrial grade technology.
THE SCAVO TOKEN
The SCAVO Token will be entirely backed by the mining hardware as well as by other equipment that is part of the renewable energy generation plant that will exist in a real physical place generating crypto assets 24×7. The SCAVO Token is based on a smart contract on the Ethereum network. It is an ERC-20 token, the de facto standard of today′s tokens. Each acquired token allows the holder to access the utilities produced based on the models of operations stipulated in the whitepaper. In this way, the owner of the SCAVO Token acquires the right to receive earnings proportionally to the amount of token that he holds, for life. It is understood as such, to the period by which operating expenses do not exceed the profits to be received.