Website

Rpay (RTK)

ICO

Last updated: May 04, 2018

R pay is backed by R Token, a blockchain based cryptocurrency designed to deliver fast, secure and near-zero cost payments to anyone in the world.

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Overview

Project industry	Finance Services & Banking
Founded	Singapore, 2017
Whitepaper	Open

Technical details

It is built on an ecosystem of P2P connected nodes with no servers for transaction authentication, ensuring a completely decentralized backend built over blockchain technology. Rpay leverages web 2.0 to allow users to interact and exchange value directly, eliminating the need for middlemen, which in turn, banishes fees, overhead restrictions and the inherent delays in transaction and settlement.

What is Rpay

Security and integrity. Users can trust that transactions will be executed as the protocol commands removing the need for a trusted third party.
Pseudonymity. All transactions being added to a single public ledger, any wallet addresses is random characters that cannot intrinsically be associated with a specific individual.
Faster transactions. Interbank transactions can potentially take days for clearing and final settlement, especially outside of working hours. Blockchain transactions can reduce transaction times to minutes and are processed 24/7.
Transparency and immutability. Changes to public blockchains are publicly viewable by all parties creating transparency, and all transactions are immutable, meaning they cannot be altered or deleted or recovered.
Low cost. By eliminating third party intermediaries and overhead costs for exchanging assets, blockchains have the potential to reduce transaction fees.

Details

Pre-sales: Sep 23, 2017 - Oct 23, 2017
Public sales: Jan 08, 2018 - Feb 20, 2018
Pre-sale token supply: 5000000
Token supply: 60000000

Legal

Blockchain Platform: Ethereum
Registration country: Singapore
Registration year: 2017

Office address: 1 Raffles Place, Tower 2, Level 19&20, Tower 2, Singapore - 048616

Bounty

Bounty: 3%
Translation: 10%
Social media: 45%
Bitcoin talk signature campaign: 45 %

Token info

Ticker: RTK
Type: Cryptocurrency
Token standard: ERC-20
Token price in USD: 1 Token = 1.000000 USD
Accepted currencies: ETH, BTC
Bonus program:
FIRST DAY: 1 RTK will cost $0.80
DAY 2 – DAY 7: 1 RTK will cost $0.90
DAY 8 – DAY 14: 1 RTK will cost $1
Token distribution:
5.5% - Pre-ICO
30% - ICO (Phase 1)30% - ICO (Phase II)
16.5% - Founders and Management
5.5% - Initial Investors
5.5% - Advisory Board
2.8% - Bounty
4.2% - Other
Funds allocation:
60% - Development
25% - Operations
10% - Marketing
5% - Legal