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All about Token Rento and Its Transaction Workflow

Posted on by Posted in Blockchain Technology

Technology from year to year is increasingly experiencing unlimited growth. Many parties are in droves to innovate on the existing technologies to get new formulas which later be used to make other tools or application that can be useful for humans. It certainly gives a signal for human because almost in every activity that they do will have at least one modern tools application to make it easier.

 

One purpose of the presence of technology in human life is to make it easy for humans to carry out all their life activities. Technology gives the impression that everything that humans do, can save time, space and money. It also can help increase human’s productivity from before because they can transfer the time, space, and money that they have, to do other things so that all of their tasks can be completed.

 

The technology that currently has a positive effect on human life is the blockchain technology. Blockchain, which is a decentralized database system, has been adopted by many platforms to run the industries they want to build. Rento, which is a sharing economy industry, has adopted this blockchain technology to develop its platform. The reason why the blockchain was chosen as the system used for the Rento platform is because of its transparency and openness so that it can be accessed by anyone connected to the internet.

 

Rento is a sharing economy platform that will help you find the goods, products, or services that you want without having to pay more. You do not need to buy items that are only temporarily used because Rento provides goods, product, or service rental facilities. Rento will rent items that are less useful or not used, to other people who need these items. Besides, being able to help those in need, items that were previously less useful can be reused according to their functions.

 

Before using the Rento platform, of course, you have to know how Rento workflows and what benefits you will get. In the article below, you will know how to register Rento to the benefits that you will get after joining Rento.

 Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

 

Rento Transaction Workflow

 

Rento has a goal to create a sharing economy ecosystem that can connect goods, products, or assets that are underutilized or unused with the people who need these items. Those who need do not need to buy goods and can choose to rent. This can also reduce the expenditure of each person to buy goods that are only temporary to use. Rento wants to provide innovation to the existing industries through the first sharing economy that is ready to build success in the hospitality and transportation industry.

Rento targets smartphone users who want the ease and speed of renting goods with just one click and the request will be processed immediately. If you are interested in using the Rento platform as owners listing, you need to pay attention to the following transaction workflow from Rento so that later you will not be confused. Likewise, those of you who are interested in using Rento to borrow goods, below will also be presented with steps to rent a product or service.

1. Register your product or service for rent

u  The first step you have to do is download the Rento application on your smartphone. You can get a link to download on Rento’s official website, https://rento-app.io/

u  The next step, after downloading, you can register your account. When it is finished, you can go to the Application

u  The third step, select the “Add offer” option

u  After that, you can make an offer by entering relevant information about your product or service. Such as product or service description, price, location, and specifications. Make sure no information is missed.

u  After making sure the information is complete, you can activate the listing. Your listing has entered the rental system.

 

2. Rent a product or service

u  The first step is after you create an account, you can log in to Rento Application.

u  Next, go to the search bar menu and search for the product or service you want to rent listed on the platform. If you want more specific search results, you can activate the filter and sorting feature so that the search results become more streamlined.

u  If you have found the product or service to be rented, read carefully the information available. If you feel right, you can contact the owner or listing agent of the desired services through the built-in chat.

3. Blockchain transaction smart contract

After the borrower contacts the listing owner and has reached an agreement, then both parties can proceed to the next stage, namely making a smart contract. A Smart contract is made to be able to make the transaction and only with a one-click function.

u  The listing owner will provide transaction details through the Rento intuitive interface. The details that will be received by the borrower include the price, the rental period, the security deposit, and the currency received.

u  The user agrees with all the conditions specified. After that, the borrower can make a deposit that will be returned after the transaction is completed.

u  After that, the smart contract will return the security deposit by deducting the rental fee. For example, if the deposit is $ 1000 and the rental fee is $ 200, then the amount returned is $ 800.

4. Direct Transaction

Direct transactions can be done if both parties have agreed to do so outside the Rento platform

u  Applications are used as a medium or place to find, rent, or provide the product or service needed

u  All transactions carried out expire outside the application with the agreement of both parties and agree to the terms of the transaction

u  Both parties determine which transactions will be carried out directly. Including types of payments whether bank transfers, cash payments, or other methods.

 

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

  

Rento Tokens

  

If you talk about blockchain, it certainly will not be separated from the discussion of digital currencies used for transactions or cryptocurrency. Rento as an application that adopts the blockchain system, uses cryptocurrency in conducting product or service rental transactions.

In addition to the use of the blockchain system, Rento also applies smart contracts to leasing products or services through the Rento platform. The aim is for transparency of information and clear rental agreements. But on the other hand, it turns out that smart contracts can also be used to raise funds. It is what Rento uses to develop its rental or sharing economy platform. Smart contract technology allows people to issue tokens that can be used for fundraising. The funds generated will later be used for development, daily operations, marketing, and additional solutions on the Rento platform.

Rento provides Rento token purchases available on its official website. To be able to make a purchase, you must log in to the investor panel by clicking on the Investor Log in button in the upper right corner of the website. If you have entered the website, you will be asked to go through the KYC process from Rento. After that, you are asked to show some photos of your personal documents such as personal identification cards or passports and documents that prove the address where you live.

Unfortunately, there is no direct sale of tokens through smart contracts. The following are ways you can buy Rento tokens:

1. Choose the method of payment that is fiat or crypto

2. After that, select the crypto or fiat currency that you want to pay.

a. For fiat, you can use Euro, USD, and PLN

b. While for Krypto, you can use Bitcoin, Bitcoin Cash, Litecoin, Blackcoin, Dash,        Decreed, Digibyte, Dogecoin, Ethereum Classic, Ethereum, Game Credits, Komodo,     NEO, PotCoin, Qtum, and Vertcoin.

3. After determining the currency to be paid, then send the transaction

4. Next, you can draw the token to the external wallet

 

Rento uses the KYC / AML protocol for their platforms and at the Token Sale event. If you want to participate in Rento Token Sale events, investors must complete KYC by providing details of government-issued identities. Like a passport or proof that is listed as a valid address. Although investors can buy Rento Tokens without completing KYC, tokens cannot be withdrawn until they complete KYC. Later, Rento will also work with AML agents to ensure that participants are verified and are eligible to participate in the Token Sale event.

 

If you intend to do business diligently on this Rento platform, buying tokens are the right choice because there are a number of benefits that are obtained for Rento token holders. The benefit that you can receive is that you will get the lowest price for Rento tokens that can be used as a fee on RentoBlockchain. In addition, it will be easier for ICO participants to become Rento Model Store franchise owners. This is suitable for those of you who want to be part of the Rento franchise. Another benefit is a cheap deposit to participate in the Rento Model Store franchise.

 

The benefits obtained are not only beneficial for users who are interested in franchising. There are other benefits which are the most important thing for the sustainability of the sharing economy. It is to help the growth of the sharing economy. You will also be a rentoshare holder after Rento accepts the license. And finally, after issuing security tokens, shareholders will get dividends from the company’s profits.

 

After the description of the benefits of the Rento token holder, the following are tokens that will be available for purchase. There are four stages of buying Rento tokens, the entire stage of which is from October 16, 2018, in the first phase to February 28, 2019, which is the last day of the fourth stage. In case you missed it, at this time you can participate in purchasing in the fourth stage that took place on February 1st, 2019 until February 28th, 2019 at a price of $ 0.12. The available tokens to be sold are 105,600,000 RTOs

 

Rento tokens are initially based on ERC 20. The company plans to transfer Rento to the PoA Blockchain and all transactions that occur on the Rento platform will be based on the smart contract. It also allows all transactions to use all currencies, namely Krypto and fiat and fees for smart contracts can only be paid in Rento Tokens.

 

One of the benefits of Rento token holders is the possibility to become RentoShare holders once Rento gets the license. But besides that, Rento also wants to issue shares to Rento companies so that everyone who has invested in Rentoshares will receive dividends and can also channel their opinions for the progress and development of the company. However, RentoShares purchases are possible only for Rento Token holders. This is due to their privileged conditions to become shareholders.

 

For the initial establishment of Rento sharing platforms, here are details of the token distribution and distribution of funds carried out by Rento:

  

Token distribution

Tokens sold                                                     : 264,000,000

Owner’s Token                                                : 305,000,000

Token for Bounty                                : 6,000,000

Team and Advisory Tokens     : 25,000,000

 

Fund Distribution

Application Development                   : $ 4 784 500.00

Team and office                                              : $ 6 863 500.00

Marketing                                                       : $ 6 445 000.00

License                                                            : $ 160,000

Assets                                                              : $ 1 547 000

 

If you are interested in participating in a token sale event organized by Rento, Rento recommends the My Ether Wallet and eBit system as Rento recipients. It should be noted that Rento is a token that is compatible with ERC20. It means that participants can use other wallets that are compatible with ERC20. Among them are Trust, Ledger Nano S, Trezor, Metamask, Coinomi, Partity, and Mist.

 

The Rento platform will go through various stages before finally entering the cryptocurrency market. The first stage is the phase of the token sale event which has four stages, carried out from October 16th, 2018 to the last phase, which will be on February 28th, 2019. Subsequently, the application will be launched in December 2018 and June 2019, for example, the rental will be launched. Then one month later, Rento will release Rento blockchain and in the third quarter, Rentocoin will enter the cryptocurrency market.

 

Ann Thread: https://bitcointalk.org/index.php?topic=5076209.0

website: https://rento-app.io/

White paper: https://rento-app.io/assets/whitepaper.pdf

Social Media:
 

Posted by: kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

Integrating The Whole Crypto Market By Ingotcoin

Posted on by Posted in Blockchain Technology

The world of economy is always in a constant change. The methods of the transaction, storing, the form of business and so forth are always on the changes, along with the advances in technology which backs the whole economic world. Form the simple paper money to the sophisticated cryptocurrency, the way of the transaction has already been changed forever. The means of payment nowadays are getting faster and simpler, and also cover almost the entire human life aspect. Today, we are no longer required to bring a massive amount of paper money everywhere, where we can store a massive amount of money in the simple card of ATM. The payment is also will be using the ATM which you don’t have to bring such conventional and outdated paper money. Those changes have made a world become a singular and yet super strong market for everyone to exploit. And this is happening as the dawn of the blockchain world emerges, and the whole crypto token is on the rise.

The blockchain platform is a very recent tech which has been discovered to help boost the business and human life. This blockchain is often bringing more and more disruptive form of business which is very damaging the whole conventional business model but gave birth to an infinite amount of innovation and discovery. Today we can see the most sophisticated form of business which is very perplexing and out of the box as more and more blockchain platform is on the rise. Those platforms are giving disruption to the old and conventional centralized business which are very good in keeping the market on the role and providing more and more business opportunity for those who wish to exploit it. This day indeed is the golden age of information and technology where those two has shaped the whole destiny of mankind.

But all of those seems too good to be true. It is true, to some extent, but nevertheless, the world of cryptocurrency are still facing a serious problem and threat that comes in multiple directions. Until these issues have been solved, the world of cryptocurrency will remain hindered and hampered without hope to progress. These are the most crucial issues for them.

  1. Impractical

As we can see, the token or the cryptocurrency is very impractical. We can see hundreds of new token are being generated on the weekly basis, as more and more platform emerges and covers the entire world. But unfortunately, those tokens are practically useless outside the platform and thus cannot be used I the daily transaction. We do understand that there are several platforms which attempt to solve this issue by providing the merchants of vendors which accept the token of one particular platform, but those platforms remain isolated since they are working alone and with no help of the other platform. There are also several platforms which have created their own ATM and makes the vendors and the user can conduct their transaction using the token, but it is still too early to say that such platform is the key for the practicability of the token itself.

  1. Security risk

This is one of the most crucial issues that is now faced by the world of cryptocurrency. The blockchain ecosystem has been bombarded by the hackers and crackers which tries to exploit the loopholes or the security weakness that can be found in the blockchain system. The amount of money that has been lost due to the attack of the hackers are staggering, even reaching billions of dollar per year. This is absolutely very bad for the monetary system which needs to be very secure and reliable. Unless the blockchain is putting the maximum effort in defending their system against the hackers, the token will be worthless as they are kept stolen and make the value of the token reduced.

  1. Uncoordinated and fractured

We can see that the so many platforms in the blockchain are now, but almost none of them are interconnected by one after another and creates the antagonizing relations between one and another. That is also the very important issue and need to be resolved since the fractured system will make the fragile platform for the whole economic operation to follow. There has to be some sort of relations and coordination between one platform to another to make the crypto world even stronger and better. We can see that the demands and the popularity of the token now are raising due to the influence of the bitcoin, but it will remain a temporary fashion unless the whole crypto platform unites and drives the world towards a place where the token can rise and used forever. The coordination could come in the form of singular digital banking where the banks are holding the power to determine the value of token and so forth so that the value is no longer being drafted by the demands of the market alone.

  1. Trust issue

One of the issues of token currency is the trust issue. Much serious business owners still perceive that the token is not a business thing, but instead, it is just a form of investment which will be eventually withdrawn and the token holder will return to the fiat currencies in the end. This is happened due to the trust issue that exists in the government of the world, where a good number of them including the USA, China, middle eastern countries and so forth are banning the transaction, the usage, and the exchange of the token. this is because the token alone don’t have the solid and firm platform, where the fiat currencies have. This is also problematic for the token as the spirits of that platform are very decentralized, whereas the idea of a universal bank seems very contradictory to such a notion.

For further information regarding the overview of the cryptocurrency and the blockchain system, you may refer to the web pages below.

https://www.ingotcoin.io/

https://bitcointalk.org/index.php?topic=3581009


Elevating The Status Of Platform With Ingotcoin

As we have already stated numerous issues of the platform above, what remains for us now it tries to solve the solution. There are several platforms which have issued several features such as the token exchange, the token wallet and so forth, but still, they remain uncoordinated. Say for the exchange, for example, there is a lot of platforms which provides the services of the exchange, all with the different tariff, speed, and reliability. Those are not very good for business as they are fractured and makes the value of token unclear. The one who holds the value of the token for each platform is just the community of the token user, and as the user diminish, the token value follows. That is also a very bad idea since the value of money need to be stronger and reliable as it will be used worldwide.

The second issue is the coverage for each platform. We do understand that the scope of business needs to be limited otherwise it will become a failing business. But as we have stated before, that the business which is involved in the world of cryptocurrency need to expand very fast as the token is claimed to become the new form of money in the near future. but sadly, no platform has reached the global scale, as they are constantly banned by the number of countries which we are already stated before. The token nowadays are very exclusive for each platform and can be exchanged using the different platform, which is very inefficient. there has to be a platform which attempts to merges several features such as the token storage, exchange, and payment at the same time.

But just so happen, there is one particular platform which attempts just that. Introducing the ingotcoin,  the new way of storing, exchanging, and using the token from all various platforms. Here are several features that are promised by the platform itself.

  1. Token wallet

As the name suggests, the token wallet is the place where someone stores their token. usually, the token wallet will be comprised of just one type of token, which is the token that issued by the particular platform. But this wallet is completely different, as it can hold a large amount of token for every type in a single wallet. The wallet itself is very easy which can be accessed through the mobile app that is provided by the platform itself. The token wallet will be able to store the amount of token for a limitless time, and an almost unlimited amount of it. It is also very secure as it deployed the top tier tech to guard the wallet against the potential hackers and crackers.

  1. Token exchange

The exchange is also very important features inside the realm of cryptocurrency, as it will be used to exchange one of the most valuable crypto tokens which are the bitcoin and the ethereum coins. Those two coins are very valuable and yield the biggest amount of money per token and therefore a lot of people want to hold such token for investment in the long run. The exchange’s speed is also very fast and reliable without queue and indent and will obviously make the user very comfortable and convenient. The token exchange is also unlimited in value, therefore, you don’t have to worry about the limit of the exchange as the ingotcoin know no such thing. It is very practical as the user can easily exchange the token is a swipe of their fingers.

  1. Brokerage purchases

This is one of the most unique features in this platform, which is the purchase of goods that are demanded by the market, or simply the brokerage. In this platform, you can purchase several goods or material such as metal, lumber and so forth using the token that you owned. This is what makes the platform are very suitable for the businessman as they provide this features. This will also reduce the cost and the time which are required to process such a transaction, and using the token will only make it simpler and user-friendly. This also gives the platform the practical use of their own token as they will be constantly used by the user to sale-purchase more goods.

For further information regarding the features of the platform, you may refer to the web pages below.

https://www.ingotcoin.io/

https://www.ingotcoin.io/documents/en/white-paper.pdf

https://www.facebook.com/ICOINGOT/

 

 

The Token Generation Event Of IC

As one of the platforms which are inherent to the world of cryptocurrency, the platform also issues the token. there is only one way to acquire the token, which is following the sales of a token. there are two kinds of sales which are applied to the platform, they are:

  1. The pre-sale

This is the kind of sale that yields the highest bonus per token. but unfortunately, the sale has already over in August, as it is started in June. the bonus of the pre-sale is about 35% which declines by 5% per week.

  1. The public sale

The public sale will occur on the 1st of July to the 15th of August, which means there are few days remaining before the conclusion of the sale. The bonus will be around 25% to 0%, and it will declines for 5% per week, similarly to the pre-sale.

As for the caps, as usual, there are two caps for the sale which is the soft cap and the hard cap. The soft cap is about 37million USD, and the hard cap will be around 90million USD worth token. joining the sale is the only way for the people to acquire the token, as the token which is unsold will be destroyed. the token distribution is already present in the whitepaper as you can access it in the webpage. Majority of the token generated by the system will be given to the sale, and the remaining of the generated token will be given to several posts such as the developer, the marketing team, and company reserve. The funds which are also generated by the sale result will be used to pay the wage of the worker, and most will be used for research and technology for the improvement of the platform.

For further information concerning the token sale, you may refer to the web pages below.

https://www.ingotcoin.io/

https://twitter.com/ICOINGOT

https://t.me/INGOTCoin

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

Presenting All Out And User Friendly Cryptocurrency Exchange Platform

Posted on by Posted in Blockchain Technology

The world is now has changed drastically due to the introduction of the cryptocurrency and the platforms that hold them. Many of the conventional business is facing the severe threat of being disrupted by the platform of cryptocurrency since that is the very nature of the platform itself. The disruption is the main agenda of the platform since they feel that the current and the most common practices of the conventional business model has led to the people to suffer and generate injustice across the world. One of the leading examples of such business is the pictures platform such as the Getty images and the shutter cock that is very centralized and costly and thus making content creator not motivated to produce more artwork for the people. This occurrence is very saddening and should not happen in the future. And that is where the crypto platform was going in, to enter the market and disrupt the current business form.

But even the crypto platform also suffer the problems, which are they lack in practicality and the exchange platform. As we know, there is a lot of cryptocurrency in the world, and thus they need a specific platform to exchange the token be it inter cryptocurrency exchange or crypto-fiat currencies exchange in such a platform. Several platforms have existed on the internet but still have several issues such as the lack of integrity, the small scope that it encompasses, and the complexity of the platform that leaves the people who are not familiar with cryptocurrency will suffer a loss when they try to purchase and exchange a particular token. To sum up, there are several issues of the token exchange platform that is now ravaging the platform.

  1. Lack of education

One of the most important thing for the exchange is the general information concerning the token and the platform itself, as well as the procedure of transfer, and the consequences that might follow. The cryptocurrency world is a very new and very young world that just entered the global market very recently. It is understandable that not many people are aware of and recognizes the token and the platform entirely, and how they work in the market ecosystem. The platform exchange needs to inform and educate their potential customer and thus making the platform more and more transparent and filled with a satisfied customer.

  1. Lack of security

Besides the education and the integrity of the platform, the exchange procedures and the token exchange platform suffer massive occurrence of the hacking and cracking by several hackers that cost even billions of dollars annually. The security of the exchange platform is very lacking and make them very vulnerable to such an attack and thus make it insecure for the people conduct the transaction within such platform. The security of such a platform needs to be strengthened to make it more secured and more reliable in the term of the token exchange.

  1. Lack of customer support

As many customers that are not yet understood the realm of the cryptocurrency, the platform that provides the exchange of token is often lacked in customer services. This leads to many customers who make the additional purchase and thus causing them to to lose their money for the consequence. This is not very pleasant since the education needs to be put forward in the term of token exchange, and the forefront who will give them such education will be the customer services. The CS will tell them the procedures of the exchange and giving them any advice concerning the token trade so that they will gain profit and make the best of their exchange. It is imperative also to have the CS to give the full information related to their platform so that the customer knows how the platform runs and thus provides the customer with comfort as they use the platform.

  1. Unclear procedures of exchanging token to fiat currencies

One of the main reason the people purchase the token is to make them as the form of investment, and therefore they need to be exchanged with the fiat currencies, such as dollars for example. But unfortunately, every token exchange platform has their standard in the term of exchanging token and thus make the market very vulnerable to many changes and drifts and thus leading to the drop of the token worth and make many investors are losing their money due to the ineffective investment. The form and the pattern of the fiat currencies need to be strengthened and made transparent so that the exchange can be standardized to make the fiat currencies exchange more stable and perspective.

Currently, there is a handful of token exchange platform that is spread out in many countries,  such as Indonesia. There are also several global platforms that receive all forms of exchange in every place of the planet. That is possible since the platform is decentralized and can be easily used by many people. But unfortunately that platform still suffers the same fate, which is hampered by those issues we have mentioned above, until kubitX emerges.

For further information concerning the current token exchange platform and market, you may refer to the websites below.

http://www.kubitx.io/

https://bitcointalk.org/index.php?topic=4628365.0

Introducing Kubitx, The Platform To End All Issues Concerning Exchange

kubitX is one of the token exchange platforms that emerge to answer the issues concerning the exchange, the one we have mentioned above before. At first glance, kubitX can be said as the world’s most advanced platform in the term of crypto exchange, due to their robust and sophisticated technology they apply. They also have the most secured wallet that every hacker could not hope to breach, and lastly, they have the broadest scope of services, so that even the remotest place in a particular part of the world can access the services quickly. Those three advantages are the most valuable advantages that can be owned by the exchange platform, and therefore this platform is very worthy to be used by all customer.

For the summary, here are several points that are offered by the platform for the customer all over the world.

  1. Lowest Fees

Every exchange that occurred in the world of cryptocurrency will have the fees included. The fees are usually used for the platform to develop them, or to reward the user for doing the transaction in the form of their token. Usually, the fees ranged from 0.1% to 2% in each platform. Even those values are insignificant, and it will be felt more when you are about to exchange your bitcoin to dollars, since the bitcoin yields the highest value of all token, and thus decreasing the value to 2% will have the significant impact. The platform of kubitx yields the cheapest fees of all since they just applied 0.05% of the total transaction of the exchange for the platform. By this, the customer will have more money when they exchange their token to the fiat currencies.

  1. Secured

As we have mentioned above, the security of the platform is impenetrable. The wallet, which the customer will store their token and fiat currencies alike, are protected by most sophisticated and cutting-edge technology that will ensure the security of it, and thus making the customer more convenient in using the platform and their services too. The security is critical by the entire blockchain platform since numerous hackers and crackers are already breached several exchange platform and gains thousands of dollars only by hacking. The amount of loss that has been inflicted on the whole ecosystem by the hackers has reached about billions of dollars. That number is staggering, and thus need to be put to an end immediately using the kubitX.

  1. Fast transaction

The rate of a transaction is also significant. The speed of the transaction will determine how fast you can have your money, and therefore the more speed a platform has, the better since the customer only wants to have the fastest and more reliable token exchange platform. Typically, all kind of token exchange platform will have around 1 to 2 million token exchange per second, but the kubitX will support up to 12 million token exchange per second, and that number is still climbing since more and more developers are put into use to increase the speed of the transaction. Using kubitX, you will have the fastest and real-time exchange so that you can have your money soon and gaining profit faster.

  1. Multi-language services

KubitX will fulfill their promise to embrace the global market by adding 5 languages into their services .the language is not just written in their mobile app and their website, but it also spoken by their customer services so that the customer in any part of the world will be able to come into contact with the customer services efficiently using their selected language. This will make the platform not so western oriented, as the platform dare itself to open up a new market in African regions.

For further information, you can access the webpage below.

http://www.kubitx.io/

https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

The Token Sale And Usage

Like any other exchange platform that is based on cryptocurrency, this platform does have their token which is called the kubitX token. The token can be used to pay the fees of the exchange that will be 0.05% per exchange. You can use whatever token you have to pay the fees of exchange, but when you use the kubitX token, you will have additional bonuses for about 25% of the total token worth, so that you can gain more money exchanging using the token. The only method to acquire the token is to join the sale.

Typically, there are three rounds of sale. The first sale is the seed phase or the private sale which is already ended in 16th  July 2018. The second phase is the pre-ICO or the pre-sale which is currently ongoing and will elapse at 31st of August 2018. There is no soft cap or the hard cap for any particular sale, as the platform employs the general soft and hard cap in any sales. The soft cap is around 10 thousand ETH, and the hard cap will be around 25 thousand ETH. As for the bonuses of the pre-sale round, this round yields about 20% bonus per token worth. The token worth is about 0.0001122 per ETH, and the minimum entry for the sale is 25 ETH.

The last round of ICO will be the public sale. Unfortunately, the date has not been released yet, and we assume that it will occur just after the pre-sale, which is around September. But it has the potential not to happen at all if the entire token has been sold in the private sale, and therefore they have not yet released the date. The minimum entry for this sale is 0.25 ETH token, and they have not yet released the bonus and the token worth per ETH for this round. The total amount of the token that is issued by the platform is about 500 million token supply, and that will be allocated into several sectors. Compared to any other platform, the amount of token is comparatively smaller, but therefore they yield the highest token worth per dollars.

As for the token allocation funds, here are the following.

  • 2% bounty and airdrop
  • 3% board of advisors
  • 16% public sale
  • 20% kubitX investment
  • 23% founder team
  • 36% pre-ICO

As we can see, the token allocation for the sale is 50% and that the rest of the token will be distributed into various sectors and parties such as the advisors and the founder team. the fund’s allocation or the money that is resulted after selling the token will be spent mostly in liquidity, or the asset of the platform to ensure the value of the token and the fiat currencies, and also the technology to ensure the platform is using the latest and cutting-edge technology the world has.

For further information concerning the token sale and the token allocation, you can refer to the web pages below.

http://www.kubitx.io/

https://t.me/kubitx_official

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

Experiencing Online Shopping With Dealjoy

Posted on by Posted in Blockchain Technology

Shopping won’t stop, and it was just getting better. From the humble stall to the great department store, to the online shop, those shopping infrastructure has been evolved for years and keep evolving along with the need of the people. The concept of the online shop has been around quite some time; even the establishment has been more modern to the recent years. We can see big companies related to the online shop keep popping up, with the almost infinite number of wares from many different brands that are being hunted down with the loyal customer of that particular online shop. The trends of online shopping have been skyrocketing in the recent years, and it will keep rising as the tech and several improvements have been made to make the online shop better. Millennial nowadays finally will never feel the hardship of the traditional shopping behavior anymore since it has been left behind as the world keeps progressing forward.

It is evident that online shopping is more preferred compared to the conventional shopping since the online shopping is much more convenient. There are a lot of things such as the cash back, the massive variety of stuff, the brands, and more importantly, the access that everyone can have. You will never run out of any option in the online shop since it is compiled with so many merchants and smaller online shop that sales their wares in the platform. Therefore there are already thousand even millions of merchant out there selling different wares in the different platform. That is why the online shop is very active since they have a massive amount of wares, but they don’t need the enormous building to keep those wares inside. It is also very convenient for shopping via online as you need to swipe down your fingers and you can have the most significant goods that you want. There is a common saying nowadays to explain the addiction in shopping online, which says “once you go online, you will never return to offline”

But even the online shop has been improved and loved by the people; there is still quite some issue behind the online shop, which are:

  1. Data selling

When it comes to the big data, the online shop is the best place to gather it. The online shop has the pattern of shopping for every people that shop inside the platform, and therefore it would be straightforward to track them down and then sell the data to the highest bidder. This form of business has been denounced and resulted in the public outcry as it happens in the big social media company that has been sued due to illegal data selling. This practice needs to be stopped since it is very unethical and breach the people’s privacy. The platform needs to stop profiling their customer, tracking their shopping behavior and selling it to the outside party so that they can gain even more money.

  1. Misinformation and over claim

The goods that are existed In the online shop is various, and the only way you know how to determine the quality of the products is to read the description and to see the pictures. But words and pictures can be very deceiving, and therefore there are several merchants that merely over claim their products to attract more people into purchasing their wares. This fraud practice is what makes the online shop has a trust issue since the people cannot determine what kind of goods that are being sold, and what kind of quality that they have. As long as this practice continues, there will always be the public outcry that demands the online shop to be more trustworthy and reliable.

  1. Cashback withdrawal

This is what makes the online shop and the general shop different,  as the online shop offers the cash back that can be used in the further purchase. The cash back itself is the amount of money that can be accumulated by the people and can be used to purchase stuff. The idea of getting the reward for the shopping spree is too much to be resisted by the people nowadays, and therefore the online shop will always be favored compared to the conventional shop. But there is one slight problem concerning this mechanism, which is the withdrawal of the cash back is often takes a very long time and very time-consuming. The cash back is usually followed by several limiters such as the minimum amount of money being spent on a customer to get their cash back and so forth.

  1. Rigid transaction

In the dawn of the technological wonders, there are a lot of possibilities and the new way of life being introduced to the society. One of the greatest wonders of them is the banking services and the ATM transaction which enables the people to pay for their debt or transaction without even moving a step. But when it comes to the online shop, we want more than the ATM transaction as they are already obsolete and the world is ready for another solution, which is the online banking storage. The people want to have their money inside a particular online shop platform so that they don’t have to open their mobile app or walk manually to the ATM to pay for their transaction. This decentralized way of paying is being developed and will be soon out shortly.

The online shopping experience is lovely and simple, as you can have your stuff from the swipe of your fingers, and you can choose what kind of goods that you want with ease as you don’t need to stand and carry the goods for the hour. There is merely the online cart which will enable you to do some multi-transaction that can make you purchase multiple items at once. Those are the online shop for your, and that world will keep getting improved, with the introduction of the blockchain events.

For further information regarding the online shop overview, you can access it here.

https://dealjoy.io/

https://bitcointalk.org/index.php?topic=4628510.0

 

Improving Your Online Shop Experience With Dealjoy

We understand that there is a lot of ways to improve the experience of online shopping with several solutions, and one of them using the blockchain system. The blockchain system itself is just very recently emerged and thus created new possibilities for the current ecosystem that already exists, whether to disrupt it or to make it even better. Dealjoy is the kind of platform that will make your online shopping experience gets better since it will make two of the most important features of the shop., which are the transaction and the cash back getting better as well. The cashback is the main reason why so many people favored the online shop nowadays, and the transaction will make the online shopping experience gets better since it can be faster. The transaction will be decentralized as the blockchain goes on, and therefore you can Imagine how convenient it is to have that blockchain system under your shopping spree behavior.

Several features are brought by the platform which will increase the experience of the online shoppers; there are several features of the platform dealjoy.

  1. No data selling

As we have mentioned above, the data selling is one of the most outrageous and heinous stuff that can be found in the big social media or online shop platform. But there is one optimization that will make your shopping experience better, which are the deal feed. The deal feeds work just similar to the tracking device, but the main difference is, the tracking device is used by the people and later will be sold to the highest bidder. Meanwhile, the deal feed is using the algorithm to be tracked by the platform so that the user will be shown the goods that they recently bought. It works just like the auto-suggestion in the google,  and you can neglect that entirely as you can search the new goods for you to buy. The deal feed is there to make sure that you already have the best products that you can have on the platform that you chooses.

  1. Instant and unrestrained cashback withdrawal

The cashback, as we have mentioned above is one of the most influential in the term of online shopping, as we can see it as the icon of the online shop itself. And we do have mentioned that the cashback mechanism has several restrictions that ultimately reduces the experience of the user so that it needs to be further optimized. The cashback mechanism in the dealjoy will be instant and without any minimum amount of purchase in the platform, unlike any other platform is. Removing the limiter for gaining the cashback will encourage the shopper to shop more and ultimately makes the ecosystem getting better.

  1. Multi-platform transaction

As we have mentioned above, the more platform is involved in the transaction, the better since the people can have the option in the term of the transaction itself. The case of dealjoy is slightly different as this platform will be able to store your money so that you don’t have to worry about going to ATM to conduct the transaction. You can easily store some money in the platform and later use the money to pay directly to the merchant that you choose to purchase the goods. This way, the transaction will be way more straightforward and faster, and it will further encourage the world and the ecosystem of the online shop.

  1. Dealshop

What is more rewarding for the user or the customer when applying this platform for their shopping behavior is the deal token. The dealership is one particular shop that is located on the platform that receives the usage of the token as the form of payment and making it more convenient for the user to pay for the goods.

For further information concerning the platform features, you can access the web pages below.

https://dealjoy.io/

https://dealjoy.io/files/Dealjoy_Whitepaper.pdf

https://www.facebook.com/Dealjoy

 

The ICO and deal token

The blockchain platform will always be followed by the token, and so do this dealjoy platform as they issued their token which is called by a deal token. The token will be worth compared to the ETH is, 40 thousand deal token per one ETH, even the value is not fixated as the time goes. The usage of the token will be for two things. For the first is the cashback that will be received by the user as they conduct the transaction inside the platform, and therefore the token can be used for more shopping spree in the deal shop.  You can accumulate your token safely in the wallet and then used when the times it comes. The second usage of the token is to upgrade your account into a premium account or to be called as dealjoy plus. The dealjoy plus will have a very distinct features which are different from the regular dealjoy account, which is the access that can be accessed, and the amount of the token received per cashback, the dealjoy premium will yield more token for the cashback, and the access for the platform to the dealjoy plus will be unrestricted. To put it just, it is very beneficial for the people to upgrade their account into the dealjoy plus.

And as for the token sale, there is three kind of sale that is recognized by the platform, which are the seed or the private sale, the pre-sale, and the latest is the public sale. But unfortunately, there is no information concerning their sale in either the website and the whitepaper as they launch the estimation for sale, which is at the end of 2018. The total token supply is about 1.4 billion token, where 70% or the 980 million token will be used for the sale, and the rest of the token will be distributed evenly to the several factors such as the developer team, the marketing team, board of advisors and so forth.  And as always, there is the vestment process where the token cannot be exchanged to the fiat currencies in the vestment period, which is ranging from 2 to 3 years.

For further information concerning the whitelist, the ICO, and the token usage, you can refer to these web pages.

https://dealjoy.io/

https://t.me/dealjoy

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741