When hosting a F1 race developed countries enjoy an influx of high spending visitors to the area. This can be a major boon to businesses and government coffers.
Bitrace Investments Ltd is a UK investment company which is looking to develop the concept of a Tunisia Racing F1 City project.
This will include a full sports compound including an F1 racing track and surrounding hotel and recreational unites.
Bitrace investments is also the team behind the Bitrace token sale.
The Bitrace token sale will see the distribution of up to 1 billion BRF tokens. The goal of this token sale is to raise as much as $57,626,400.
BRF tokens purchased during the token sale can be used for a range of different purposes.
In July 2018 the plan is to enable Bitrace token holders to be able to use BRF tokens to rent vehicles. Also made available will be the ability to buy flight tokens using the token from specific tour operators and to buy holiday packages.
In October 2018 Bitrace plans to allow holders of the token to be able to buy timeshare.
Eventually if Bitrace is able to realise their goal of the development of the Tunisia Racing F1 City, products and services from the development can be purchased using BRF tokens.
You can learn more about the Bitrace token sale by visiting: