Website : https://rateonium.com/
The
basic Principle
The basic idea behind the
Rateonium system is to create an internal cryptocurrency that registered users
receive by submitting a review about a company. This currency is exchanged for
rewards from participating companies. Thus, the user can redeem rewards just by
doing everyday things at no additional cost or effort. The intrinsic motivation
to submit reviews, the “daily rating motion”, is continually upheld by the
incentive of quickly accessible rewards.
These rewards vary from
company to company and can be customised. The quantity of the Rateonium tokens
exchanged is based on the size of the reward. Rateonium verifies the quality of
the reviews before the tokens are activated in the app.
Contracting partner
companies are included in the Rateonium network via a subscription system.
The basic monthly fee is
based on the number of branches integrated into the system and the revenue
generated per branch. With the wide range of cooperation partners that have
already been confirmed in addition to other interested parties, Rateonium can
use the exact subscription fees to develop long-term system plans for the
companies and generate an internal profit.
For online shops, the
subscription fee is based on an appraisal of the company’s economic strength,
which varies according to the number and size of the regions served.
System
Rateonium offers a
complete rating system tailored to all customer groups, thus connecting
customers to companies in a way never seen before. For this purpose, various
requirements were explored during development and used to determine the content
of the system. The accurate implementation of these requirements means that
both companies and future users are offered a perfected rating system that will
be able to meet any subsequent needs.
Reviews
with an absolute demand for authenticity
This basic requirement is
fulfilled by the RTO two-way verification of every review. On the basis of
significant reviews, mutual trust is therefore ensured between the company and
the customers.
A
user-friendly app for a network that can be used worldwide
The easy-to-use design of
the app and underlying algorithm enable users to create reviews with
significant content more easily than ever before. This is explained further
down in the fifth chapter.
Global partner companies
and multiple language options enable worldwide use and promote the diversity of
the Rateonium community.
Encryption
and anonymity in the system
In terms of the
protection of personal data, these are the most important components. Measures
taken in access control, entry control, and controlled data exchange help to
establish a state-of-the-art security standard.
High
daily rating motion
Due to this being the
first directly incentive-based rating system, “daily rating motion” (explained
later) is greatly increased.
Everyday use: The wide
range of already-verified cooperation partners and the scaled inclusion of
additional companies in the system guarantees that Rateonium can offer a large
number of different rewards within an extremely short space of time. Each user
will find individually tailored awards in the Rateonium system all over the
world. In addition, the user can see other customer reviews at the respective
location or in accordance with search criteria.
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.
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.
My Profil Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1929863;sa=summary
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