Indonesia-Based Car Rental Company Frasindo Join the Cryptocurrency World with Launch of FRASCOIN and Car Coin

“Bitcoin Press Release: ​Frasindo; Indonesia’s rapidly expanding car rental company is set
to break into the Cryptocurrency market with the launch of their Fras Coin token.

30th January 2018, Kualar Lumpar, Malaysia – ​The recent and unprecedented speed at
which the Blockchain community has expanded has given birth to some wonderful and
innovative ideas, however, it is not without its pitfalls. The dedicated team at Frasindo have
conducted extensive research into the Cryptocurrency industry and highlighted key issues
surrounding the market.

Understanding that the current Cryptocurrency ecosystem is awash with extreme volatility,
combined with a total lack of regulation; Frasindo incentivised a solid concept, designed to
defend investors and protect their investments.

The Birth of Frasindo
Frasindo’s solution to the many issues surrounding the cryptocurrency market is to provide a
coin with its foundations backed by physical assets in the form of vehicles. These vehicles
provide the income from which Frasindo was built. The company has already secured
prestigious partnerships with the dominant ride sharing companies operating within

Frasindo provide a multitude of vehicles for Uber, Go Car and Online Taxi. The investments
generated from the purchase of Fras Coins will allow Frasindo to continue the expansion of
their rental armada, ensuring the coin will always be backed by physical assets.
Gaining the Trust of Investors

Aspiring to set themselves apart from the various alt coins available, Frasindo has
implemented multiple platforms which will provide true transparency to their investors. Once
an investor has acquired the Fras Coin token they will be given the opportunity to download
the Frasindo App which will allow the users to view the 24-hour cameras fitted to Frasindo
office, track the GPS location of the vehicles and also view the onboard cameras.
This will allow investors to get a constant view of how Frasindo operates and expands.
Frasindo also has a voting mechanism in place which will allow investors to vote on the next
course of action for the company expansion as stated by their roadmap expansion plan.

Free Car Hire
Frasindo see innovation as the key to the success of their business and as such they
continue to visualize and expand upon various ideals. Their most recent implementation is a
reward system which will be both beneficial and exciting to their investors.
Introducing the ‘Car Coin’ voucher as a reward for investors. ‘Car Coin’ vouchers will be
given out daily to Fras Coin holders who meet certain criteria. Car Coin enables:

Free Car Usage
Free Drivers
Free Tour Guides
Free Accommodation
Free Food
Free Entry (to some events)
Frasindo Token Sale
Fras Coins’ crowd sale will begin on February 15​ th​ 2018 ​and will run until April 15​ th​ 2018​.

There are varying percentages of bonuses available depending on which round of the sale you participate in.

1 Fras Coin will be valued at $0.14 USD. Fras Coin team will accept Ethereum and Bitcoin.
To learn more or participate in the crowdsale visit: ​
Connect on Telegram:​
Meet the team
View the Whitepaper:
Connect on Facebook: ​

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