FRAS is a Self-sustainable Start-Up Incubator, backed by Online Taxi Supplier business. With its routine income from Taxi Business, FRAS able to incubate many projects in routine basis, also targets several goals in which will be usecases of blockhain and cryptocurrency.

Imagine someday in the futuristic world, where autonomous car is everywhere=

 

People don’t have to buy cars and bother maintain it, they only need to support certain %percent ownership of “electric autonomous taxi”, and the contributors could freely use and call the car for pickup anytime they need; His ownership %percentage will gave them a free usage quota and luxury/service level they can enjoy. The contributors are not only given free usage, meanwhile all ordinary user have to pay and queue to call the taxi, they also receive passive income and benefits.

 

FRAS ONLINE TAXI and INCUBATOR are providing “real life Blockchain & Cryptocurrency usecases” towards that vision.

With FRAS, members can suggest startup ideas, which then get voted by the community, and if enough votes are received, the developers team at Frasindo will make it happen by appointing them as project leaders. We will then provide all business needs, necessary funding, legality, and, shared-offices. It will then become a subsidiary / Child-project of FRAS, which makes this riskfree, hassle free and doesn’t require any expertise by the original contributors. (The child-projects will add giveaway 10% of its coins along with its benefits to FRAS Members).

FRAS is supported by PT. Frasindo Lima Mandiri and backed by many assets within the transportation industry, we also offers lifetime benefits to holders, +CARCOIN* voucher, asset backed-protection, and 24hour LIVE-surveillance to the public. Some of the certificate of assets are kept indefinitely by the NXT-ARDOR-Foundation in the Netherlands. FRAS fully complies with government regulations and has been fully legalized and approved by the Indonesian government (Transportation & Limited Fintech).

To support “the self-sustainable” and “the Vision”, FRAS needs routine income, and the main income comes from the “Online-Taxi + car rental + driver recruitment” business, as an Official TAXI ONLINE partner in Indonesia. With that routine income FRAS can last indefinitely  and  will not exhaust contribution funds.  

Frasindo’s current progression is only the initial step towards the company’s vast expansion plan as stated by the roadmap. We see this as the best way to develop IT & business without exhausting the community’s entrusted funding. In the future, the Community could enjoy the benefits without being involved in the ‘pump and dump’ culture.

The eligible FRAS Holders, are also could generate CARCOIN daily for free, the voucher can be use for vacation purposes; Bring your families visit Indonesia, while survey the assets, as easy redeem the CARCOIN for free rooms, free food, free tour, free guide, free car usage, ETC.