Skip to main content

Rateonium


Review verification before publication
The Rateonium verification process means that companies can rest easy knowing that no reviews have been created to discredit them. The customers also base reviews on the actual use of a service.

Continuous, consistent customer acquisition
Partners can assume, going by high user numbers, that new customers are being made aware of their companies via the company presentation in the Rateonium app in a scalable manner.

Participation via subscription system
In order to prevent market distortion, small companies are given the opportunity to level with corporate groups in terms of number of reviews and presence in the network. Therefore, larger companies can only subscribe to Rateonium by branch location, and not as the whole company. The only exception is purely online services.

Individual company presentation opportunities
Rateonium’s operating principle allows companies a variety of custom options, and the flexible rewards system gives them the opportunity to set themselves apart from their competitors.

Extensive options for analysing reviews
The rating algorithm can be used to automatically analyse statistics from submitted reviews that are relevant for a given company.  In the course of presenting these statistics, Rateonium can also be used for quality assurance in addition to customer acquisition. Each customer who submits a review becomes a quality controller at the same time.

Insulation of the Rateonium cryptocurrency from market fluctuations
By integrating two stand-alone tokens, Rateonium enables the system currency to be insulated from price speculation and market fluctuations, while still allowing the user to trade with tokens generated by reviews. Website : https://rateonium.com/



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.



Comments