Rateonium Review
The company as a Rateonium client
Companies take part in this system by subscribing. The actual subscription fee includes the rental of the card reading device, comprehensive inclusion in the Rateonium platform, and technical and strategic support. The price for this monthly subscription is primarily based on the number of participating branches. Website : https://rateonium.com/
For the admission fee, parameters such as revenue and the number of customers each month are also logged. From the second month, the subscription fee is correlated directly with the company’s number of associated users, reviewers, and reward redemptions. This is the only way to ensure that large corporations do not completely dominate smaller businesses due to the number of reviews.
Likewise, the Rateonium network has no company upgrade option, nor are sponsored advertisements offered in the form of pay-per-click models. This results in a fair market situation for all participating companies, yet still enables companies to obtain excellent economic prospects via the Rateonium company subscription system.
Another significant requirement users have when dealing with cryptocurrencies is the possibility of trading the specific currency on common trading platforms. The future price development during the sustained development of Rateonium is intended to guarantee traders profits. We do not wish to hold our Token Sale participants back from the option to trade on leading international trading platforms. However, a functioning and suitable currency system needs to be based on a certain degree of insulation from price fluctuations. Particularly with regard to the extreme fluctuations in the prices of cryptocurrencies, this kind of insulation is a vital measure.
Due to this being the first directly incentive-based rating system, “daily rating motion” (explained later) is greatly increased.
Everyday use: The wide range of already-verified cooperation partners and the scaled inclusion of additional companies in the system guarantees that Rateonium can offer a large number of different rewards within an extremely short space of time. Each user will find individually tailored awards in the Rateonium system all over the world. In addition, the user can see other customer reviews at the respective location or in accordance with search criteria.
Currency exchange on trading platforms
It goes against the Rateonium ideology to see blockchain-based applications become objects of speculation. However, because the incentive to participate is so prevalent, it also provides an opportunity to trade. This is one of Rateonium’s unique characteristics. Due to the exchange process that turns generated Rateonium tokens into tradable Ratec tokens, users can go to financial trade centres and exchange tokens generated by reviews for other currency.
Rateonium ICO
Token RTC
PreICO Price 1 RTC = 0.000091 ETH
Price 1 RTC = 0.000182 ETH
Bonus Available
Accepting ETH
Minimum investment 0.2 ETH
Soft cap 32,000 ETH
Hard cap 84,234 ETH
Whitelist/KYC KYC & Whitelist
Restricted areas China, South Korea, North Korea, USA, Iran, Sangapore
Benefits for Token Sale participants
Each participant in the Token Sale is offered the following benefits:
Due to the exchange system described above, the owners of Ratec tokens have earlier access to the Rateonium system.
The first participants in the system will benefit from special starting rewards, which will be offered by the companies in the first phase of the system.
Each participant in the Token Sale can decide whether to trade the Ratec tokens they acquire on the major cryptocurrency markets or exchange them for Rateonium tokens and obtain rewards for them.
If a participant deposits some or all of his/her tokens in the trading platforms, they are very likely to profit from changes in the exchange rate caused by the hype surrounding the Rateonium system, which is expected be generated by the later expansion of the business.
The Rateonium card is provided to every participant in the Token Sale free of charge. For any additional users, the card can be purchased for a onetime fee.
It costs €20 and is sent out exclusively in combination with various specials. In addition to the financing described in the next chapter, there are other reasons for holding the Token Sale.
The ICO is intended to generate a network of customers and partner companies for the system, sufficient for the overall concept to work. With the inclusion of numerous partners such as store chains, delivery services, vehicle rental companies, and restaurants, this entrepreneurial functionality has already been ensured in the early development phase for Rateonium. Networks often face the problem of too few suppliers or parties interested in acquiring the product by the time the system is launched. The Token Sale event makes it possible to integrate a six figures worth of users directly into the system, ensuring a very appealing number of potential new customers for companies.
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