RenCap Is Both A B2B And B2C Decentralized Payment Solution.
RenCap Is Supported By A Network Of Businesses Ready To Take On The Currency As Their B2B Payment Solution. Further Down The Years, Within A 5 Year Plan, RenCap Will Also Plan To Implement Into The B2C Payment Solution Market. With A RenCap Mobile App To Monitor Account Balanaces, RenCap Debit Card And RenCap Payment Terminals In Merchants Around The World, RenCap May Become The Most Convenient Payment For Consumers And The Cheapest Payment Solution For Merchants.
Official Website: http://rencap.asia
HOW IT WORKS
B2B PAYMENT SOLUTION
Businesses supporting RenCap will be the first batch of businesses to take on RenCap as their B2B currency for financial settlements. Businesses will be transacting in RNP rather than their own local currency. RNP can be cashed out via the buyback scheme for local currency to settle monthly businesses expenditures. A more attractive contracts can also be offered to businesses that are willing to partner with the first batch of businesses on the condition that all B2B transactions are transacted using RNP.
B2C PAYMENT SOLUTION
In our new 5 year plan, we plan to have consumer holding RNP to be able to use the currency for their daily purchases as well. Offering local merchants a better processing fee compared to current rate, we encourage merchants to include our terminal in their cashier terminal(s). Consumer will be able to apply for a RenCap Debit Card and a mobile app to view RenCap account balance. This eliminate the need for currency changing when travelling and a much lower cost for transaction compared to current payment solution for Businesses.
BUYBACK SCHEME
RenCap will be buying back RNP tokens every quarter of the year to release local currency to merchants and consumers in exchange for their RNP. This will provide the foundation support for the token, as well as provide ease of financials for all RNP users for their monthly expenditure.
TIMELINE
STAGE 1
50% BONUS
APRIL 16 - APRIL 30
1 RENCAP = 0.001 ETH
SGD $ 1.50 | USD $1.00
3,000,000 HARD CAP
MINIMUM PURCHASE: 100 RENCAPS
STAGE 2
30% BONUS
MAY 7 - MAY 28
1 RENCAP = 0.001 ETH
SGD $ 1.50 | USD $1.00
10,000,000 HARD CAP
MINIMUM PURCHASE: 100 RENCAPS
STAGE 3
TBA
TBA
1 RENCAP = 0.001 ETH
SGD $ 1.50 | USD $1.00
4,000,000 HARD CAP
MINIMUM PURCHASE: 100 RENCAPS
STAGE 4
TBA
TBA
1 RENCAP = 0.001 ETH
SGD $ 1.50 | USD $1.00
3,000,000 HARD CAP
MINIMUM PURCHASE: 100 RENCAPS
TOKENS ALLOCATION
1,000 RENCAPS = 1 ETH
MINIMUM PURCHASE - 100 RENCAPS / 0.1 ETH
1 RENCAP = USD $1
MINIMUM PURCHASE - 100 RENCAPS / USD $100
1 RENCAP = SGD $1.50
MINIMUM PURCHASE - 100 RENCAPS / SGD $150
WHY YOU SHOULD CONSIDER RENCAP
Ready Support
RenCap's Token RNP has ready support from a group of businesses ready to take on RNP as their B2B Payment solution among one another. This will be the first batch of businesses to take on RNP as a B2B payment solution. RNP will slowly spread out from this batch of businesses to other relevant businesses to eventually as wide as possible. Better and more attractive contracts will be offered to businesses that are willing to use RNP as their payment solution.
B2C Plans
RNP has the plan to work into B2C Payment Solution Market. With the potential of installing a RenCap mobile app, viewing your account balance and holding a RenCap Debit Card that connects with your RenCap account and balance. Merchants holding RenCap payment terminal in their cashier for you to swipe your RNP Debit Card. The cheaper and more convenient payment solution will create a better payment solution for our society.
BuyBack Scheme
Before RNP is listed on any exchange, Merchants and consumer do not have to worry about converting their RNP into local currency for their monthly expenditures. RenCap regularly buyback RNP tokens for local currency to assist merchants and consumers in their flexibility with expenditures. This process will be made as convenient as possible.
Links:
Official Website: http://rencap.asia
Whitepaper:http://www.rencap.asia/assets/rencap.pdf
FACEBOOK: https://www.facebook.com/RenCap-1732141560177472
TWITTER: https://twitter.com/terencehth
TELEGRAM: https://t.me/joinchat/Gw2ehU1N_4dTnuHyZeiESg
TOKEN SALE: http://www.rencap.asia/TOKEN
Bitcointalk: https://bitcointalk.org/index.php?topic=3138267.0
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