Website : https://rateonium.com/
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.
Added value for companies generated by verified reviews
The immense advantage for companies of generating a variety of verified customer reviews is readily apparent. It goes along with aspects of internal quality management. By implementing an innovative experience management system with more reviews, one can ensure an excellent advantage over competing companies.
The company’s presence in the Rateonium system with the integrated listing of customer reviews offers the opportunity to approach new customers, by specific target groups, as a “trusted company”. The opportunity to offer users rewards they want also increases the effectiveness of this client acquisition method.
For customers, the positive experience of receiving free rewards increases the probability that they will form an emotion-based, long-term relationship with the company. Rateonium is thus able to change customer relations in the long run, setting new global standards.Rateonium is a platform that is leading the way in communication between customers and companies. In order to prevent a lack of practicality caused by fluctuating exchange rates, the Rateonium token network has the two different tokens, which have already touched upon.
These two tokens are the Rateonium token and the Ratec token. The latter will be sold during the Token Sale events and can be traded on major trading platforms. The Rateonium token can only be used to redeem rewards and cannot be traded.
The interface between the two tokens is a specially developed exchange system that enables users to exchange them in a user-friendly manner. However, the exchange system ensures that the Rateonium system currency cannot be exposed to any exchange rate fluctuations. This interface enables a never seen before security. This ensures that the Rateonium currency is insulated from centres of speculative trade and the resulting fluctuation in cryptocurrency exchange rates.
Up & down rating determines relevance of submitted reviews
The Rateonium system also has the option of allowing other users to give up or down ratings, allowing particular reviews to be marked as helpful or inappropriate. The author benefits because he/she receives tokens when his/ her review is classified as helpful by other users.
This ability to evaluate different reviews also increases their relevance with regard to companies’ internal quality management efforts. It allows them to readily draw detailed conclusions as to which aspects are most important to customers. In order to maintain data privacy here as well, no user data is displayed in the Rateonium platform. Only a cryptic “unique number”, generated for the users during registration, is saved in the associated account and serves as a reference point for the rating.
In our example, Chris can find the Rateonium tokens stored in the wallet integrated in his app. He now has the option of redeeming them at any participating company.
He can, for example, redeem the Rateonium tokens at a large cinema chain, getting an extra drink for a fixed RTO sum. Our example with Chris is a good illustration of how individualised the redeemable rewards can be.
If Chris wants to use the generated tokens in another manner, he can, for example, book an upgrade to the next best seat at his favourite football club’s next match.
Or if he would like to add additional luggage or snacks on his next flight, he can do so with the Rateonium partner airline in exchange for a specified quantity of Rateonium tokens.
Website : https://rateonium.com/
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
INFORMATION :
Website : https://rateonium.com/
Twitter : https://twitter.com/rateonium
Whitepaper : https://rateonium.com/whitepaper.pdf
Telegram : https://t.me/rateonium_community
Telegram : https://t.me/rateonium
OnePager : https://rateonium.com/onepager.pdf
Ann Thread : https://bitcointalk.org/index.php?topic=4796158
PROFIL : https://bitcointalk.org/index.php?action=profile;u=2253885;sa=summary