RATEONIUM - The Global Blockchain Based Product and Service Rating Platform
PRESENTATION
A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Rateonium, a very comprehensive ranking system that can be customized for each customer group so that consumers can communicate better together than before has arrived.
Before I take you on this voyage, please check out this video presentation
Now that I have your attention, let’s get right to it.
What exactly is RATEONIUM?
Brief History
The Rateonium network was designed and developed over the last four years by experts from various economic sectors. As a result, decades of experience from the pharmaceutical, automotive, and commodities industries, among others, have been incorporated into the development process of the system. In close coordination with global players and different consumer groups from all the “Sinus-Milieus”, the needs and wishes for the final two Rateonium system components have been established and integrated into the system development. By employing blockchain technology, Rateonium has reached a significant milestone in consumer protection.
Furthermore, Rateonium is a very comprehensive rankings system that can be customized for each group of clients so that consumers can communicate better than before. It has a simple design with a basic algorithm that lets users provide reviews with more relevant content. A variety of languages in combination with universal partner companies help ensure that the Rateonium ecosystem will always be diverse and vibrant.
Rateonium collects qualitative and individual consumer data for companies, while the respective consumers are rewarded simultaneously with the Rateonium currency through an automated algorithm. Rateonium offers its users a modern purchasing experience with an app powered by metadata - free from manipulation and data abuse. They support the Rateonium business clients by implementing modern, long-term quality and customer relationship management processes in the platform.
The Aim
The objective is to revolutionise recommendation marketing on a global scale in a way that is sustainable, fair, transparent, and anonymous. However, an essential component of the way we understand ourselves is the fact that Rateonium only works with the interaction of users. The system cannot be altered or abused using financial resources.
Rateonium and Blockchain Technology
Various anonymization technologies have been implemented, providing Rateonium users with the highest level of personal data privacy. The wide range of international users is made possible by Rateonium’s globally unique rewards system. For the first time, the economic value of qualified reviews is made clear to the consumer thanks to distribution of cryptocurrency based on these reviews. The Rateonium cryptocurrency in the form of tokens can be exchanged at participating companies for customer rewards. This closed system gives cooperation partners an immense initial competitive edge over their competitors when acquiring new customers and for retaining customers on a long-term basis.
Additionally, Rateonium creates a trustworthy and interactive network between customers and companies, made possible by guaranteed user anonymity. The systematic and optimised possibility of regularly receiving rewards from companies keeps users’ intrinsic motivation to leave ratings at a constantly high level. A comprehensive customer relations system is enabled by the concept of mutual benefits.
The Business
As technology experts and blockchain idealists, they view many relevant developments in the world of cryptocurrency with scepticism. One of these developments is that many companies only integrate a cryptocurrency in their existing business environment in order to generate fresh capital via an initial coin offering.
Oftentimes, this is not absolutely necessary for the implementation of specific business ideas. Rateonium, by contrast, is a directly blockchain-based system consisting of a rewards-for-ratings concept. Therefore, it is important for us to consider the Rateonium tokens to be a core part of our business.
Even large corporations, who could otherwise weaken their competition by purchasing large quantities of Rateonium tokens, are completely deprived of this opportunity by the subscription system. However, they understand the appeal of exchanging these innovative currencies for other currencies, which is why they’ve made it possible to exchange Rateonium for Ratec. This means that each participant in the system has the opportunity to generate tradeable cryptocurrency by writing reviews. On the basis of this unique combination, all users are able to use Rateonium the way they prefer.
About The Rateonium Card
The Rateonium card allows maximum protection of stored tokens. All functions that change the status of user tokens (for example: transactions, exchanges to RTC or prize redemption) must be verified with an individual QR code on the card.
All the customer has to do is open the application, enter the password and scan the QR code. To ensure that a rating is only given at the location where the service is truly felt, the user must verify the purchase before sending a review. For this purpose, the Rateonium card is only scanned at the checkout. In the case of online purchases, the application can be used as a scanner.
Specific Features
Focus on authenticity
A critical requirement for user feedback verification is obtained through the built-in RDT validation. The goal is to encourage mutual trust between clients and companies.
Built-in Encoding:
Rateonium ensures that personal information will be safe at all times, by capture and access control, and secure system data exchange program of the strictest security standards.
Daily use
The wide range of trusted business partners, combined with scalability, the addition of other companies in the system, will provide Rateonium with more rewards for a short period of time. Each user will receive individual awards in the system.
Money Trading
Tokens Ratec, obtained from this Rateonium system, can be sold on any trading platform for other currencies or crypto conversion FIAT.
The Advantages
The Blockchain
This immediately includes anonymity, protection of confidential data, security, fast transaction speed, the reliability of the entire system is not subject to centralization and change of data, the absence of any kind of fraud.
Marketing
Positive, reliable feedback for small and large enterprises. This parameter will affect the rating of many companies around the world.
Benefit, for users and traders
For the first, the use of various discounts in different sectors of economic services, for the second, the possibility of speculation in coin for profit.
Scalability
After beta testing, the project will be used in 52 countries.
Early access
ICO participants have the opportunity to test the platform in action before the others, having previously converted part of the RTC tokens into an RTO token. Plus, there is a map for using the system from anywhere in the world.
Token and ICO Details
Well, this project has two tokens, namely Rateonium (RTO) and Ratec (RTC). They both have ERC20 standard but are significantly different.
RTO is directly applicable on the platform and is to be used only within the network, this means that it will receive users as a reward and use it to exchange for various services. The RTO will be generated with each new recall, when the reward is exchanged for a token there will be a burning to counteract inflation within the system.
RTC will be available during sales. It is fully speculative and can be exchanged for a platform token.
Token Details
Token: RTC
Platform: Ethereum
Type: ERC20
PreICO price: 1 RTC = 0.000091 ETH
Price in ICO: 1 RTC = 0.000182 ETH
Bonus
Pre Sale: 50%
Token Sale: 40%
Token Sale: 30%
Token Sale: 20%
Token Sale: 10%
Tokens for sale : 665,414,296
Min. investment: 0.2 ETH
Accepting: ETH
Distributed in ICO: 83%
Soft cap: 32,000 ETH
Hard cap: 84,234 ETH
Token Distribution
Token sale event: 83%
Strategic Partners: 7%
Team: 10%
Budget use
Technical development (scanners, production of Rateonium card) : 25%
App development optimisation : 20%
Data security server management : 7%
Global marketing : 35%
Team : 5%
Global partner acquisition : 8%
ROADMAP
Q1 - 2016
Rateonium Ltd was established in Macedonia
Q2 - 2016
Strategic planning
Elaborate the system specification sheet
Q3 - 2016
Recruitment and talent search team
Find partners and investors
Q4 - 2016
Development of a Rateonium-Sales system
The first sale of a European partner company
Q1 - 2017
Meeting with investors
Further acquisition of sales of European partner companies
Implementation of the Department of Law & Finance
Q2 - 2017
Legal preparation
Partner network construction
Q3 - 2017
Further developments from the system specification sheet
Implementation of the IT Department and Sales Department
Q4 - 2017
Open a German branch in Hamburg
Conception of the process of selling tokens
Q1 - 2018
Improving partner network base
Application development and system preparation
Launching branches in Vancouver and London
Q2 - 2018
Expansion of the IT Department and CTO Announcement
Open an Indian branch in Bangalore
ICO
Making the RTC Token Making website
Implementation of the Marketing Department
Q3 - 2018
RTC Token Pre Sale & Token Sale
Collaboration with ICO Rating & Listing Platforms
Project advisory implementation and evaluation
10/2018
Application & system implementation
Final system development
Improving the community base
11 - 2018
Publication of Rateonium Cards for ICO participants
Market expansion in Europe
Further expansion of our partner network
12 - 2018
Special exchanges for open ICO participants (RTC to RTO)
The Rateonium application is available at istore and playstore
Preparations for Asian and American markets
Financial conference of annual reports of investors and Board Management
Issues of annual reports and business plans presentations for 2019
Q1 - 2019
Exchange of RTC is activated on the four largest trading platforms
Full launch of the Rateonium system.
Sales acquisition of Asian and American partner companies
Q2 - 2019
Market expansion in Asia and America
Further community growth throughout the world
Establish branches in San Francisco, New York, Hong Kong, and Tokio
Q3 - 2019
Expansion
Negotiation of the Ministry of Finance with leading venture capital investors.
IPO roadshow performance
Q4 - 2019
Initial Public Offering of the Shareon conference
& Level Stakeholders in New York
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
WEBSITE : https://rateonium.com/
WHITEPAPER : https://rateonium.com/whitepaper.pdf
REDDIT : https://www.reddit.com/r/Rateonium/
TWITTER : https://twitter.com/@rateonium
TELEGRAM : https://t.me/rateonium
ONE PAGER :https://rateonium.com/onepager.pdf
BITCOINTALK ANN :https://bitcointalk.org/index.php?topic=4796158.0
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.