Topic: [ANN] [RET] ReMoneta - a uniquely stable, reward-based online payment currency - page 85. (Read 12718 times)

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.

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.

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.

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

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

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

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

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

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.

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

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.




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.

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

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

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

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

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

Good read,thank you for sharing that,nicely explained what Remoneta is all about

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

Hi, we have an interesting system for this. It combines three features. There is a long term machine intelligent model determining the price, there is a dual token system, RET which floats and ReMoneta which is not traded and land backing giving stability to the general system. Finally this means ReMoneta will have a completely stable price. You can find the details in the Philosophy paper on the website www.ReMoneta.com


Yes, we will attend different events and do a roadshow. We are setting up the plan now, so if you have particular events that you would like us to participate in, please let us know on t.me/ReMoneta. We also opened a telegram announcement Channel. You can also follow announcements on the channel t.me/ReMonetaChannel.

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