BORNEO coin is your gateway to Borneo island investment. Help us unleash the true potential of Borneo island while maintaining harmony with its rich nature and wildlife.
Our projects are community driven. Your investment and voices will decide how we will shape the future of Borneo island.
Owning Borneo coin will allow you to participate in Blockchain projects run by Borneo First (BF). Our projects aim to unleash the true potential of Borneo Island while maintaining harmony with its rich nature and wildlife. In the beginning, we will focus on three main projects: Coal Green Mining, Independent Power Plant and Cryptocurrency Mining. Meanwhile, we also have some projects in the pipeline including CSR projects focusing on sustainable reservation endangered species such as Orang Utan. We foresee that some of these projects could result in another blockchain powered cryptocurrency, which will benefit BF community financially. BF team will work continuously to add more value to Borneo coin while also actively communicating with its supporting community to decide which projects BF should pursue. Please turn to The Token Economy section to go straight to see the economics of Borneo coin. You may continue reading to know more about Borneo island and our projects.
With the initial funds we gathered from ICO, we will engage three projects as our first portfolio. They are; Coal Green Mining, Independent Power Plant and Cryptocurrency Mining. All these projects will be taken place in Borneo island. The profit gained from these projects will be returned to Borneo coin holder and some will be reinvested to other projects.
COAL GREEN MINING
Despite humankind starts to move toward renewable energy, it is hard to deny that right now we are still dependent on fossil energy like coal. Fact is, developing countries in Asia, such as China and India, are using more coal. And Borneo island is rich with coal reserves to meet global demand.
INDEPENDENT POWER PLANT
We are hedging our coal-mining operation by building coal-fired power plant to create electricity from our excess production if any. The electricity will be sold to government and also will power our cryptocurrency mining site. Solar power plant also in our plan to take advantage of Borneo island being located on the Equator.
Cryptocurrency mining can be seen as a way to convert electricity to money, while empowering the blockchain community. It is almost an obvious decision to including this project in our portfolio.