RiconaOfficial (OP)
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A New Era of Lending and Earning in Multi Crypto
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February 26, 2018, 12:52:39 PM
Last edit: March 04, 2018, 07:42:53 AM by RiconaOfficial |
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This is an Updated Announcement Thread since we made HUGE CHANGES in our Program Terms, Features, Policies, etc for the betterment of the community on their special requests. For Detailed Information. Please visit : https://www.ricona.io/latestnews.php ICO ROUND 3 ENDS IN  Witness a New Era of Cryptocurrency Lending with "MultiCryptoCurrency Switching Technology" WHAT IS RICONA COIN? Ricona Coin is a REVOLUTION in peer to peer decentralized transactions with ability to lend Or trade in multi Cryptocurrencies (Not only in USD). Currently, all of the lending platforms work on Fiat Lending System to deliver returns based on Dollar value but at Ricona, we aim to deliver return in initial cryptocurrency of the user (even ONE STEP FURTHER of that, keep exploring). For example, if a user chose to lend his bitcoin Or ethereum & get interest in the same cryptocurrency (with a lock in period of say 90 days), he will get his daily interest (in the initial crypto) PLUS the increased value of the currency during that tenure (which could have been 2x Or 10x in 90 days). This way, he does NOT ONLY earn interest on %age value appreciation of the invested crypto BUT would also multiply his return with the growth of the coin. This unique concept has been unseen (or may be avoided for obvious reasons) by all lending platforms yet but it has an ability to change the Crypto lending game forever. WHAT MAKES RCA DIFFERENT FROM OTHERSWe are a Challenge for lending platforms, with our Unique "Multi CryptoCurrency Switching" technology which allow users to Earn Daily Interest for their desired Crypto Currency with an ability to Switch their Initial crypto currency whenever they want. For example, if a user Lends his Bitcoin (with weekly return of say 5%) and he notices that Ethereum has given 7% return for the same period, then he can switch his Primary Lending Currency from Bitcoin to Ethereum (or Vice versa). The "Switched Over Currency" would also include his previous 5% (Or whatever) return as well. Our Smart Currency Converter would Exchange your Currency on the fly at competitive market prices.(minimum 1 Week lock-in required for First Switching and 2 weeks thereafter) WE ARE PIONEER IN OFFERING 50:50 SCHEMEWe will now be selling only half of the number of coins, the other half will be distributed as a bonus among the investor at a 1:1 ratio. So, if an investor purchases 100 RCA during our ICO, another 100 RCA will be awarded to them as a bonus. But the bonus coins will be locked for lending only. In simple terms, any investor who buys 100 coins will receive 200 coins in total. Of which, the bonus 100 coins will automatically be locked by the system and entered into our lending plan, kick starting the daily income for the user after lending starts on our platform. The other 100 RCA can be used for trading, selling or multi-currency exchange once our internal exchange opens DAILY INTEREST PAYMENT ALONG WITH EARLY WITHDRAWAL OPTION Investors will now receive DAILY interest on their investments instead of the WEEKLY interest as per the earlier plan. They will also have the freedom to withdraw their interests daily or reinvest it with us to maximize their benefits utilizing our compounding interest feature. The interest component would be paid in the user's basic (Lent) currency. For example, if a user has lent BTC, he will get paid his interest in BTC and if he switches his currency to some other one, he would then get paid in his new currency. Users also have the option to withdraw any portion of their interest (half, one-third or any other percentage) and reinvest the remaining portion into the lending plan. This interest plan also applies to the interest earned on the locked coins (bonus) after a month (30-day) time period from the start of their lending plan. HOSTED STAKING OPTION TO BE ADDED SOONWe are going to add Hosted Staking as an additional option OR a complete replacement of Lending Program based on the community voting just after the ICO ends. Apart from that, We have added Buyback Option, Anti-Dumping Policy, Anytime Funds Withdrawal and Unsold coins burning after the ICO ends. Complete details can be seen at : https://www.ricona.io/latestnews.phpMAXIMUM SUPPLY (Hardcap) OF 28 MILLION COINSMAXIMUM Supply of just 28 Million Ricona Coins from which Only 4.55 Million are on Sale PLUS 4.55 Million would be distributed FREE under 1:1 Bonus Sceme (so just 9.1 Million RCA Coins Available during ICO period). The 50% Free Bonus coins would be Locked for Staking/Lending Purpose to kick start the daily income for the user after staking/lending starts on our platform. USE CASE OF RICONA (RCA) COINSApart from the personal use, like sending money to family or friends OR paying for goods/services online, RCA coins can also be used by merchants/traders/other businesses as a secure and decentralized mode of payment just like bitcoin with complete security and privacy. Also, investors can buy RCA coins to trade for profit Or as an asset for future appreciation. Once its demand surpasses the supply, the cost of RCA coins would sky rocket due to limited supply (just like Bitcoin) MINING POOL/BLOCK EXPLORERSoon to be operational once ICO finishes. (as per Roadmap) at http://www.ricona.infoRCA COIN SPECIFICATIONS| ICOSupply: | 9.1 Million (Only 4.55 Million on Sale) |
| Algorithm: | SCRYPT (POW/POS) |
| MiningPool: | YES (as per roadmap) |
| CoinBaseMaturity: | 60 Blocks |
WALLETSLTC and BTC Wallets are Active Now RCA Web Wallet Also Active Now Android and iOS Wallet available as per Roadmap Official Website https://www.Ricona.ioOfficial Whitepaper https://www.ricona.io/Ricona-Whitepaper.pdfINITIAL COIN OFFERING To Your Success
Ricona Team |
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nickyadam27
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February 26, 2018, 02:13:59 PM |
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This Grand Giveaway sale is amazing.... Btw. what is the locking period for the bonus coins??
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dCorp
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February 26, 2018, 03:34:59 PM |
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This Grand Giveaway sale is amazing.... Btw. what is the locking period for the bonus coins??
As per their latest news page on the website, 30 days is minimum lock-in period for bonus coins but we can sell our active coins (which we buy to contribute) as soon as the internal exchange opens. By the way, I have just invested in Ricona and I would appreciate if someone wants to register under me Here |
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kreatoralex
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February 26, 2018, 04:01:49 PM |
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I understand that the mining will begin on March 15?
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RiconaOfficial (OP)
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A New Era of Lending and Earning in Multi Crypto
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February 26, 2018, 04:07:01 PM |
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I understand that the mining will begin on March 15?
Mining would start in 2nd half of April. Thank You |
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nickyadam27
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February 26, 2018, 04:44:51 PM |
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As per their latest news page on the website, 30 days is minimum lock-in period for bonus coins but we can sell our active coins (which we buy to contribute) as soon as the internal exchange opens. By the way, I have just invested in Ricona and I would appreciate if someone wants to register under me HereWhen can I send out coins which are allocated to me as bonus coins? When can I make a deal? |
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lucygreen27
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February 26, 2018, 04:50:23 PM |
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Do you set any limit on the number of coins available for one person when doing sale?
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lucygreen27
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February 26, 2018, 04:58:40 PM |
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Is there a github channel for your project???
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RiconaOfficial (OP)
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A New Era of Lending and Earning in Multi Crypto
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February 26, 2018, 05:11:21 PM |
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As per their latest news page on the website, 30 days is minimum lock-in period for bonus coins but we can sell our active coins (which we buy to contribute) as soon as the internal exchange opens. By the way, I have just invested in Ricona and I would appreciate if someone wants to register under me HereWhen can I send out coins which are allocated to me as bonus coins? When can I make a deal? Bonus coins are Locked for minimum 30 days but you can send your Active coins (which you have bought) to anyone, and at anytime you want |
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vivekagarwalbkn
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February 27, 2018, 06:24:52 PM |
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It looks like this project has a very high level of supporters as this is a very well managed and well organised one. And people know that they can surely earn a good amount of profit from it. Good luck for the future. Crypto the future and plus interest on them wow love the project
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RiconaOfficial (OP)
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A New Era of Lending and Earning in Multi Crypto
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February 28, 2018, 01:05:21 AM |
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Thank you for some nice words guys. Just let us know if you have some queries/concerns.
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serenabiel
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February 28, 2018, 05:07:40 AM |
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Very interesting project ill keep my eye on it. I have one question - can i buy your tokens without using eth wallet?
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RiconaOfficial (OP)
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A New Era of Lending and Earning in Multi Crypto
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February 28, 2018, 06:41:29 AM |
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Very interesting project ill keep my eye on it. I have one question - can i buy your tokens without using eth wallet?
Sure. You can buy tokens with BTC/LTC just register at ricona.io and deposit funds (btc/ltc) into your ricona wallet and buy from there |
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Citylighttrend
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February 28, 2018, 02:20:08 PM |
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This is a very nice project and has a goal of transforming the whole world's economy with there offered tokes and make the life of people totally digital and free from outside stress. This project has a very high potential and also a good management. This can become a very high valued project one day so investors will get good profit from it. Good luck for the future
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Jack tom
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February 28, 2018, 03:50:38 PM |
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Good job! This is a great and promising project. I'll hope it will have a big success. I'll help with my humble support to spread the word everywhere. Good luck with your project!
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serenabiel
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February 28, 2018, 04:58:44 PM |
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Very interesting project ill keep my eye on it. I have one question - can i buy your tokens without using eth wallet?
Sure. You can buy tokens with BTC/LTC just register at ricona.io and deposit funds (btc/ltc) into your ricona wallet and buy from there Surely I will, thanks for humble and prompt response |
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dedmaroz
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March 01, 2018, 02:22:24 PM |
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Quite an interesting project, it is markedly different from others .I was wondering how soon to get back my initial investment ?
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Seidr
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March 01, 2018, 02:25:56 PM |
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Quite an interesting project, it is markedly different from others .I was wondering how soon to get back my initial investment ?
Hello) Initial investment back pretty quickly , in less than two months .It's cool , right  ? |
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dedmaroz
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March 01, 2018, 02:28:48 PM |
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Quite an interesting project, it is markedly different from others .I was wondering how soon to get back my initial investment ?
Hello) Initial investment back pretty quickly , in less than two months .It's cool , right ? Wow, that's really fast . Another question, can I use my RCA coins to buy other cryptocurrencies? |
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Seidr
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March 01, 2018, 02:31:01 PM |
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Quite an interesting project, it is markedly different from others .I was wondering how soon to get back my initial investment ?
Hello) Initial investment back pretty quickly , in less than two months .It's cool , right ? Wow, that's really fast . Another question, can I use my RCA coins to buy other cryptocurrencies? Yeah , but I also heard they could be exchanged for others cryptos. |
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