Topic: [ANN]Raincheck - Global loyalty & rewards points exchange aggregator on Stellar (Read 11442 times)

Rain is not available for sale on https://stellarport.io/home currently at $0.025/ 0.22 xlm. The project had concentrated on building the platform which serves retail, travel and loyalty program in general. Interested investors can get more information on the project's telegram group https://t.me/getraincheck

The promise Q3/Q4 is here and expect possibility a second bounty, maybe with a smaller budget like the contemporary campaign to raise aware, wherebye build a large active community except the team is no more interested. I hope the team has learnt a lot from the time off the scene to put a success ICO/IEO.

SPC speed, security,features such as not being central.As a matter of fact, it's a star-vision alliance.

This project seems very good.Thanks to all developers and workers.

The rewards pool is only used for the token circulation of RainCheck business ecosystem.

https://image.raincheck.biz/raincheck/raintoken-economics.png

Token Inflow

• Customers can use reward tokens to buy cash voucher to use in the offline store of O2O partnership merchants. The tokens will be recycled to rewards pool.
• Customers can use reward tokens to buy products through cross border ecommerce. The tokens will be recycled to the rewards pool.
• RainCheck will periodically buy back tokens to fulfill the needs of the rewards pool with profits from the business.

Token Outflow

• Customers can earn reward tokens when they download and install the app.
• Customers can earn reward tokens by buying products through cross border ecommerce.
• Customers can earn reward tokens through card-linked offer when they shopping and entertaining.
• RainCheck will periodically buy back and burn out tokens with profits from the business.

I want to know why the reward pool is 25%, it looks too much to me. What measure will be engaged to make the distribution or allotment of the reward pool transparent? Does the team actually need the distribution?

As far as I know, it has not yet been announced how much has been raised so far. The decision to extend the crowdsale is quite clear. In this market, no one wants to invest their money

Yes, better than some ICO's some leave it till the last moment and just constantly extend!

Well, I see raincheck is still in Pre-Sale stage. It's no longer strange to hear that the duration of the ICO is extended, but announcing it at the Pre-Sale time is still on going is quite brave, but at least they announced their plans from the start, rather than investors getting annoyed later.

Hi there, I know what you mean, however it is in companies interests to stall on sales at the moment as not many people have funds they can invest with in this bear market, for me looking at the date makes sense. After all they are the team of experts. But that's just my 2 cents 

The ICO had been announced to extend till Q2 2019 except the $28million is reached earlier. Such a long extended ICO sometimes worries me because they might get out of noticed from investors except they are actively involved physical campaign in most conferences and seminars where they allowed the gathering of prospective investors and they could meet with them, most especially when bounty had ended earlier.

That's quite the summary Yuvadeep, it points to all the important stuff in regards to RainCheck. Thanks for taking the time and happy to have you onboard. 

RainCheck came up with a new plan where it goes beyond the range of online and offline. It is a commerce platform that helps all the retail brands that track and controls through an online product that discovers in the store all the sales. RainCheck offers to link their credit or debit cards this leads to add offers to the people, gaining loyalty points or cash-back to any debit or credit payment card.  RainCheck is one of the first and best organizations in the world with a commerce platform that reaches all the points to all the players. RainCheck provides a solution not only to the users who individualize their shopping experience, for both online and offline, but it offers a retail brand that helps them to measure digital marketing that spends through offline. RainCheck decided to build a decentralized loyalty platform on the stellar blockchain platform. Stellar connects not only to banks, payments systems and people around the world. RainCheck provides a plan to all the consumers to combine their reward points from multiple loyalty schemes into one digital unit, the Rain Token. The Rain Token creates a takeaway transfer mechanism on the RainCheck Commerce Platform.  Therefore, this token is designed on the stellar protocol, that is specially designed to allow all the micro-payments that can handle all the transactions very fast and at a very low cost.

My biggest concern is reaching the hardcap not even the softcap. Most existing project should have a easy ride fulfilling there roadmap and marketing their token for sustainable trade volume. Project raised at the bottom level of bitcoin should be able to maintain their token value to a certain extent.

This is so bullish. The recognition from the well-established organization is quite impressive. This year’s 2018 Singapore FinTech Festival will be bigger, they have so many impressive speakers and people attending it. Big names as sponsors and of course a lot of new innovative ideas are going to spread there! Good luck Raincheck team!

RainCheck has been selected for the Visa Everywhere Initiative Asia Pacific Finals!

We are excited to announce that Raincheck – Winners of the Australian Visa Everywhere Initiative – has been selected for the first ever Visa Everywhere Initiative Asia Pacific Finals, where the team will pitch against finalists from China, Japan, Thailand & Vietnam!

https://www.getraincheck.com/2018/10/10/4836/

Welcome to RainCheck!

Our Pre-Sale is LIVE. To contribute, please visit: https://www.raintoken.org/ and join our Whitelist

Hi royalfestus ,

Please see page twenty four of the white pages here: https://raincheck-ico-static.s3.amazonaws.com/static/file/RAIN-Token-White-Paper.pdf for a full explanation.

I like to monitor fund raising of any project am interested in, asking what are the chances the project have getting to the softcap and making the hardcap, if possible.Every intelligent investor always consider the difference between the softcap and hardcap . There is no means of monitoring the fund if the admin does not give the digits, not on the site or anywhere. This is not one of the project people should be scared to invest if the track record in the past 4 speaks for them. The only question the team need to explain is the reason for adopting block-chain and why they consider it relevant and lucrative.

Hey there Everyone!

Check out how the RainCheck Online-to-Offline shopping platform works in retail.

Link to video: https://youtu.be/FpPFyKqrlhQ