Ring Coin is the next generation of multi-platform mobile payment for Africa. It is
a token of the type ERC20 with the advantages inherent to the cryptocurrency
namely decentralized; anonymous, allowing users privately control their finances.
Ring Coin is also very fast because transactions are done in less than 30 seconds as
opposed to Bitcoin blockchain which takes more than 30 minutes.
Ring coin is a revolution with rare and exceptional financial potential because it
opens to a market already, world leader of the mobile payment with the African
continent. The African continent is more than 1.3 billion inhabitants and more
than 150 million Money Mobile accounts constantly growing. The potential of
African mobile payment is known.
They are billions of mobile phone users in Africa, mostly without bank accounts,
and as many customers of one or the other mobile payment solutions offered by
mobile operators, like Orange Money, MTN Mobile Money, Tigo Cash, Airtel Money
or M-Pesa Vodacom
RINGEXCHANGE
It is now an absolute necessity in Africa because it is a universal portfolio and a
platform for exchanging crypto-currencies and fiduciary currencies.
But it is especially a solution to solve the limiting or not optimized for the
continent of the crypto-currency wallets the most use in the world (Coinbase,
Xapo, Blockchain, Bitstamp) As well as similar exchange platforms (Bittrex ,
Poloniex, CCEX, Livecoin )
The key to this lies in multi-platform mobile payments that will greatly facilitate
the continent's access to cryptocurrency, as Africa's global leader in mobile
payment is the continent that is likely to best accommodate cryptocurrency
WHY RING EXCHANGE
Several thousand people in Africa are already using cryptocurrency, the demand is
higher and higher, but access is limited. This is because most of the platforms for
trading and selling cryptocurrencies are not open to the African market. Ring
Exchange will change the game and accelerate access to unrestricted
cryptocurrency and become the leading platform of the African market by Q4 2018
so this popularity will result in a trading plan.
RingWallet
Allow you to store your Ringcoins and use it anywhere, anytime. Send and receive
his Ringcoins.
RingPay
The ring coin has a working API that allows traders and platforms to accept ring
coins without being exposed to volatility.
RINGMARKET
(The revolution of double tokenization)
Ring market is our e-commerce platform; it operates on the Market Place principle
with discounts for consumers using the Ring coin
I) RINGMARKET to help reduce consumers' purchasing power
RINGMARKET wants to seize the opportunity offered by blockchain technology to
offer consumers of any product the opportunity to buy goods and services at
unbeatable prices. Indeed, in a global context where one of the characteristics is
the upward pressure on prices, RINGMARKET on the blockchain will help pull prices
down to allow consumers to retain their purchasing power.
II) RINGMARKET as a solution for companies wishing to sell their products quickly.
RINGMARKET is not only for consumers, but also for online sellers around the world
who want to quickly sell their products. Indeed, one of the strategies used by
companies to sell their products quickly is to grant discounts. Regardless of the
level of discount already granted by affiliates on Ringmarket, the later gives them
the opportunity to automatically grant a 10% discount that will be supported by
Ring corporation. Thus, the functioning of the market will be such that for any
product X costing online or in the traditional markets a price P. the seller will be
able to sell this product on ring market at P-10% P without any impact on his
profit, because it is the company ring corporation that will replace the seller to
grant the 10% discount to customers.
III) RINGMARKET opens the way for investors to lower risk and high yield
investments.
As we will demonstrate below, investors will find in Ringmaket an investment
opportunity thanks to the strategy of double tokenization that it promotes. Indeed,
investors by their subscriptions to the tenders of the company Ring to participate
in the financing of each discount of 10%, will receive a return on their investments
I) Double Tokenization as a Basic Instrument
In addition to 90 800 000 Ringcoins issued and listed on the stock exchange,
300,000,000 ring token are simultaneously issued, with a fixed value compared to
Ringcoin of an amount equivalent to 10ringtoken for 1ringcoin. In addition, the ring
token are not listed on the stock exchange and are held solely by the company
Ring Corporation, which decides on its issue according to the triggers for purchases
of goods and services.
II) Triggering the purchase of goods and services
Whenever a person holding Ringcoins registers in the Ring network, he
automatically has the right to buy any product on Ringmarket with a discount of
10%
So, be a well on ring market costing P $ = nRC at a moment
The consumer will only have to go to the "clearinghouse" with nRC-0.1nRC = 0.9nRC
Example: if the value of 1 ring coin on the market is $ 1 on a date t and the good
desired by a customer costs $ 100 on a ring market, 100RC, the customer will go to
the clearinghouse of Ring Corporation not with 100RC, but with 100-0.1x100 = 90RC
to validate his purchase. Once the clearinghouse will have the customer's
guarantee that the vendor
Will have the customer's guarantee that the seller has delivered the product to
him, he will transfer to the seller $ 100 or 100Rc according to the method of
payment desired by the seller.
III) Where will $ 10 or 10Rc come from to fund the discount? The system is such
that a valid P $ = nRC purchase act (delivery by both parties) automatically triggers
a 2nRt issue by smart contract for investors in the ring community. These 2nRt are
part of a digital table on the platform, available to investors every hour to make
their decisions. The ring company has the duty to buy at half the selling price the
issued
Example: The validation of the purchase of 100 $ or 100Rc triggers a smart
contracted emission of 200Rt registered in a digital table and searchable by
investors. If there is one or more investor (s) attracted by this invitation to tender
in Ringtoken, it will give to the company Ring Corporation 20Rc and will receive in
counterpart 200Rt
IV) Investor gain
The investor is entitled to a refund in either dollar or Ringcoin of all its stake (in
this case the $ 0.1P) according to a schedule provided by the ring company. Also
the investor can at any time resell to the company Ringtoken ring issued at half
price to obtain an added value. Two scenarios are possible
- Ring coin prices are on the market once the investor has bought Ringtokens: since
it is paid in dollars, it will not benefit directly from the price spike. But holding
ring token that have a fixed value compared to the Ringcoin, the greater value of
the investor will gain value.
- Ring coin prices are falling on the market. The investor will have won by lending
his ring coin since his repayment is fixed. But it will always benefit from a capital
gain linked to its capacity to sell ring tokens.
V) Vendor Profit
Any online seller will have interest in selling on ring market, because by this
mechanism of automatic discount, products will be cheaper for consumers than in
any online or traditional market. Therefore, this will attract a lot of consumer ring
market, which will offer sellers the opportunity to maximize their turnover. Also,
any acceptance of ring coin payments will give them ring coin bonuses that will
only increase their profits.
RINGCARD
It allows to carry out the different transactions in the Ringcoin ecosystem:
RingExchange, RingMarket and Startup solution.
START UP SOLUTION
Startup solution is an African crownfunding platform that has existed for several
months. It operates according to the principle of affiliation and today has more
than 10,000 members. Ringcoin will build on this community to gain more value.
How will the platform work?
Once the ringcoin is on the stock exchange, the platform startup solution will know
an important update: the background surveys will now be done with ringcoin which
will allow additional value for startupers: This, thanks to the climbing value of the
ringcoin.
TOKEN DISTRIBUTION
Max supply : 90 800 000 Ringcoin (RC)
Total supply : 90 800 000
Circulation : 68 100 000
Ringtoken : 908 000 000 (RT)
1Ringcoin = 10Ringtoken
Total Part for Sale: 60%
Team and Advisors: 10%
Startup solution : 5%
Ring market fund: 5%
Reserve : 20%
Team
Thank You So Much and join our ico | www.ringcorp.org
