RenCap-The B2B and B2C Crypto Payment Solution

thejohnmatch (1)(1)in #blockchain • 7 years ago

Introduction

The new thoughts are coming each day. Individuals need to put resources into the new undertakings. We have the greatest instrument on the planet, and it is known as the Internet. The web is a gigantic base of data where we can anything. Web has associated the whole world. One of these undertakings is RenCap, which is both a B2B and B2C Decentralized Payment Solution upheld by a Network of Businesses prepared to go up against the money as their B2B Payment Solution.

RENCAP

RenCap is both a B2B and B2C Decentralized Payment Solution.

RenCap is bolstered by a Network of Businesses prepared to go up against the cash as their B2B Payment Solution. Additionally as the years progressed, inside a 5 year design, RenCap will likewise plan to actualize into the B2C Payment Solution Market.

RenCap Mobile App to screen account balanaces, RenCap Debit Card and RenCap installment terminals in vendors around the globe, RenCap may turn into the most helpful installment for purchasers and the least expensive installment answer for dealers.

RenCap (RNP) Role in Real Life

RenCap Token (RNP) is the cash we are gradually incorporating into the greater part of our genuine gainful organizations. B2B Transactions and exchanges among customers/clients will utilize RNP later on.

RNP is a vital segment of this change into computerized installment bringing about faster and more adaptable exchanges.

RNP is made amid the ICO Crowdfunding period and the assets from this ICO will be utilized completely to grow the activities of the organizations claimed by RenCap and to acquaint RNP with more organizations and merchants of our items.

The supply of RNP is restricted to the pre-mined tokens made amid the ICO crowdfunding period. With the Expansion, RenCap will have the capacity to offer better mass and value contracts to our customers and accomplices in each field.

With the condition that each agreement's money related exchanges must be in RenCap's Token RNP rather than Regular nearby cash.

HOW IT WORKS

B2B PAYMENT SOLUTION

Organizations supporting RenCap will be the main cluster of organizations to go up against RenCap as their B2B money for monetary settlements. Organizations will execute in RNP as opposed to their own neighborhood cash. RNP can be gotten the money for out by means of the buyback plot for neighborhood cash to settle month to month organizations uses. A more alluring contracts can likewise be offered to organizations that will join forces with the main group of organizations on the condition that all B2B exchanges are executed utilizing RNP.

B2C PAYMENT SOLUTION

In our new 5 year design, we intend to have customer holding RNP to have the capacity to utilize the money for their every day buys too. Offering nearby traders a superior preparing charge contrasted with current rate, we urge dealers to incorporate our terminal in their clerk terminal(s). Purchaser will have the capacity to apply for a RenCap Debit Card and a versatile application to see RenCap account adjust. This dispose of the requirement for money changing when voyaging and a much lower cost for exchange contrasted with current installment answer for Businesses.

BUYBACK SCHEME

RenCap will purchase back RNP tokens each quarter of the year to discharge nearby cash to dealers and customers in return for their RNP. This will give the establishment support to the token, and also give simplicity of financials to all RNP clients for their month to month consumption.

Token & Sale Information

The information provided here does not constitute to an offer to sell or a solicitation of an offer to buy RenCap Tokens called ‘RNP’. The information here are mainly for informational and research purposes only.

The following information summary reflec ts RenCap’s current expectations to the future of RNP Token and the sale of RNP. RNP will be the token and the main currency to be used when transacting among businesses owned by RenCap.

Example 1. Rice Exporters buying Raw Rice from our Factories in Thailand will have to use RNP as payment in future instead of Regular local Currency.

Soon, RenCap’s Token, RNP, could potentially be sold out. A fixed amount of circulating supply have been created and no further RNP could potentially be created in the future. Once the Public Sales conclude, a portion of RNP can be allocated and given to the RenCap’s Core team as reward for the success of the ICO.

A separate pool will also be held on as Reserve pool and further expansion fund. The community will hold an approximate 50% of the entire circulating supply.

RNP Tokens will be offered for sale at an exchange rate of 1 RNP for USD$1.00 or SGD$1.50 or ETH 0.001 during the entire ICO period. The ICO period will last for 4 stages, with each stage lasting approximately 2-3 weeks each.

The sale’s stage 1 is scheduled to begin on April 16, 2018 at 00:00 Hours GMT +8 (Singapore Time) and Stage 4 will end on July 16, 2018 23:59 Hours GMT +8 (Singapore Time).

Total Public Sale would add up to an amount of 20,000,000 RNP spread among 4 Stages. Bonuses will account for 4,990,000 which is also spread among 4 Stages.

Stage 1 : 50% Bonus

Stage 2 : 30% Bonus

Stage 3 : 10% Bonus

Stage 4 : 3% Bonus

5,000,000 RNP will be given to the Core Team as a reward for the successful ICO.

20,010,000 RNP will be kept as reserve for future expansion plans and the safeguard the value of this Token.

Core Team’s Tokens will be frozen for 1 year (12months) and Reserve Tokens will be frozen for 2 year s (24months) starting from end of sale.

This is to ensure that no developer tokens could potentially enter circulation before RNP is stable.

Tokens purchased via ETH will immediately be allocated to the buyer’s given wallet address.

Tokens purchased via PayPal (USD and SGD) will be allocated to the buyer’s given wallet address within 1 working day.

Unsold RNP Tokens

RenCap Tokens RNP are created to be sold during the ICO period. The Core Team, Reserves and Public Sale gets created at the same time. In the event that the ICO is not entirely sold out and has RNP remaining, the remaining RNP will be transferred to the Reserves for future expansions or sale. RNP tokens could potentially not be burned.

Tokens Allocation

Reserve : 20,000,000 RenCap Tokens

Core Team & Ongoing Development : 5,000,000 RenCap Tokens

Public Sale : 20,000,000 RenCap Tokens

Public Bonuses : 5,000,000 RenCap Tokens

Total offering : 50,000,000 RenCap Tokens

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