[ANN] [RET] ReMoneta - a uniquely stable, reward-based online payment currency

[HundredEyes]

How come you decided to go for Ethereum blockchain and not your own?

Why not,Ethereum blockain is good enough,no need to waste time and money by developing your own.IMO good call by the team

[El Topo]

Who do you consider to be your main competition on the market?

[Vargistkrieg]

Don't forget to check these Q&As with the team members https://medium.com/remoneta/7-questions-to-stanislav-sheliakin-cc164ad8ba17

[Nolan1331]

Where exactly is your headquarters and how  big your team is?

The operational company ReMoneta is located in the European Union - Estonia

[HadleyBarrett]

How come you decided to go for Ethereum blockchain and not your own?

We are using our own blockchain - the ReMoenta network. The technical solution has a dual token system. ReMoneta which runs on the ReMoneta network and RET (ReMoneta ERC20 Token) which runs on Ethereum. You may swap in and out of the tokens, so you get the benefits and best of both systems. It is also a fundamental part of our stability and flexibility. You can find more detail on this in the WhitePaper and Philosopy Paper on www.ReMoneta.com.

Are the rewards only for Members and retailers? Because being a payment processor, the customer that uses ReMoneta to pay, will not be rewarded?

that is a good question  waiting to read the response from team... sure they would make it a fair reward system

The rewards for community members are based on our system called "Community mining". Throughout all aspects of the project, the people rewarded are those who are most active in supporting the community and the community values. In the token sale phase that is Proof Of Care (www.ReMoneta.com/bonus), where you show your involvement by promoting and supporting the project. During the project phase, community mining is again by taking actions to promote our values (environment, clean energy, animal welfare, human health and global unity) as well as supporting the community by new retailers, members on board and supporting the system with admin actions and development.

Everyone can participate, everyone is equal, it is all fair. It does not use electricity or computing power to do this mining, so no benefit if you have a lot of money to buy a powerful computer, also that helps the environment. The reward is based on your own activities and their value to the community.

These actions are rewarded in the system. You can read more about that in the Philosophy doc on www.ReMoneta.com, down at the bottom of the front page.

[Nolan1331]

Is there a specific language required to do the tasks in the bonus program (as in English, Chinese etc..) ?

[HadleyBarrett]

Where exactly is your headquarters and how  big your team is?

The operational company ReMoneta is located in the European Union - Estonia

Yes and currently we have 18 people in the main list of team and advisers and are working with perhaps an additional 40 people partly involved in different activities, whether it be coding, marketing, handling questions, documenting and so on.

[totiriti333]

Is there a specific language required to do the tasks in the bonus program (as in English, Chinese etc..) ?

I read that they have plenty people on this taks. So most of the main-stream language will be supported.

[Nolan1331]

Is there a specific language required to do the tasks in the bonus program (as in English, Chinese etc..) ?

I read that they have plenty people on this taks. So most of the main-stream language will be supported.

Is Japanese considered one ?
Since no other countries speak our language outside of our country 

[Maurizio7878]

Great project with  zero transaction costs, zero joining costs, zero fees, no costs at all plus near-instant transactions and a huge scaling of transactions for micro-payments using time-sliced consolidation.Remoneta will be a staple in coming years.

it would be historical when this is actually achieved

Let's hope for the sake of all of us that this happens 

I am very confident that it will happen, because behind it there is a great team.

[totiriti333]

Is Japanese considered one ?
Since no other countries speak our language outside of our country 

I'm... not so sure either. Its best you contact the team beforehand about this, to avoid any issues in the future

[Maurizio7878]

Where exactly is your headquarters and how  big your team is?

The operational company ReMoneta is located in the European Union - Estonia

Yes and currently we have 18 people in the main list of team and advisers and are working with perhaps an additional 40 people partly involved in different activities, whether it be coding, marketing, handling questions, documenting and so on.

Do you plan to open other offices in Europe or on other continents?

[shakerbitcoin]

How come you decided to go for Ethereum blockchain and not your own?

My understanding about this is that, it would easier and it would actually cost less to just use an existing blockchain like Ethereum rather than creating your own blockchain instead. Besides, it will be an added cost only to the ICO that might not really be necessary or essential to do.

[iBTT2]

How come you decided to go for Ethereum blockchain and not your own?

My understanding about this is that, it would easier and it would actually cost less to just use an existing blockchain like Ethereum rather than creating your own blockchain instead. Besides, it will be an added cost only to the ICO that might not really be necessary or essential to do.

Yes, it was mentioned earlier by Hadley Barret that they are using their own blockchain - the ReMoenta network.

Their technical solution has a dual token system wherein ReMoneta runs on the ReMoneta network and RET (ReMoneta ERC20 Token) which runs on Ethereum.

Therefore, you may swap in and out of the tokens, so you get the benefits and best of both systems.

[iBTT2]

Great project with  zero transaction costs, zero joining costs, zero fees, no costs at all plus near-instant transactions and a huge scaling of transactions for micro-payments using time-sliced consolidation.Remoneta will be a staple in coming years.

it would be historical when this is actually achieved

Let's hope for the sake of all of us that this happens 

I am very confident that it will happen, because behind it there is a great team.

What they're really doing is basically providing a "great value proposition" for the ReMoneta community. Not just for their existing community, but also for others to join and use the ReMoneta system as well.

[Ranunculus2]

How come you decided to go for Ethereum blockchain and not your own?

Why not,Ethereum blockain is good enough,no need to waste time and money by developing your own.IMO good call by the team

Since it has proven to be stable people even trust it more.

[crownjewel]

How come you decided to go for Ethereum blockchain and not your own?

Why not,Ethereum blockain is good enough,no need to waste time and money by developing your own.IMO good call by the team

Since it has proven to be stable people even trust it more.

I don't think I have seen a project that is not on the Ethereum blockchain, so if everyone is doing it...

[Nolan1331]

How come you decided to go for Ethereum blockchain and not your own?

Why not,Ethereum blockain is good enough,no need to waste time and money by developing your own.IMO good call by the team

Since it has proven to be stable people even trust it more.

I don't think I have seen a project that is not on the Ethereum blockchain, so if everyone is doing it...

There are plenty out there, but yeah you are right, Ethereum blockchain has become the "USD" of crypto, almost everyone is using it

[Rooooooooon]

I understand that Land is always a good investment, since the supply for it is always limited, but what will happen if the land price fall ? Its a market after all. ReMoneta team has any plan for it ?

[ReMoneta]

I understand that Land is always a good investment, since the supply for it is always limited, but what will happen if the land price fall ? Its a market after all. ReMoneta team has any plan for it ?

There is no operational effect from falling land prices. The price is based on a long term machine intelligent computer model, land price itself actually does not affect it. The point of land backing is that it gives stability, surety and value to the whole system, but even if the land price does fall, it won't impact the price.
Having said that, land prices have been shown to always increase over long term (the Philosophy paper refers to a 200 year study made by Oxford Univeristy), so any sort of short term fluctuations in land prices will only impact a number of the balance sheet.

Do you plan to open other offices in Europe or on other continents?

We will most likely down the road, yes.


-Liina