Russian Association of Cryptocurrency and Blockchain (RACIB) will utilize Universa Blockchain for its projects in Crypto park in Stupino, Russia.
The Cryptopark will create special conditions for the formation of a global crypto industry center in Russia. From anywhere in the world it will be possible to pass KYC and become a resident of the Cryptopark for companies and individual entrepreneurs. They will also get the opportunity to receive online status of Individual Crypto Entrepreneur (ICE). In the cryptopark, a special experimental taxation system is introduced in the form of a 5% smart-tax. During the first 5 years, the smart-tax will be used to create the infrastructure of the Cryptopark and will be utilized by decentralized community itself (with the receipt of project tokens) in the following areas: