ICO Rateonium Review

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Website : https://rateonium.com/

Rateonium’s two-token system rectifies weaknesses in the current cryptocurrency market

The two-token system solves this problem. The Rateonium token cannot be traded and is used solely as internal system currency, to pay out after submitting reviews and to redeem rewards. The Ratec token, on the other hand, can be traded, but it cannot be used in the rating system or exchanged for rewards from companies. The interface between the two tokens is described below.

The Ratec token is obtained during the Token Sale, and, and before the token is listed at the exchanges, the owners of Ratec tokens can be first to test the Rateonium system. This is enabled by the unique swap function, by which Ratec tokens can be converted to Rateonium tokens at a special rate. This special fixed course option is locked after four weeks. The Ratec Token gets listed on the biggest trading platforms afterwards. From now on the changing-course depends on the actual marked price. This means, all members of the token sale can change their Tokens for a special price and can test the system as first persons. Another advantage for the early participants in the system is the special launch offers. Many companies will attract consumers at the launch of the system with rewards that are particularly in demand.

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.

Rateonium’s core Business

As technology experts and blockchain idealists, we 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.

Our 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.

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, we understand the appeal of exchanging these innovative currencies for other currencies, which is why we’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