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Topic: [ANN][RCA] Ricona Coin-Experience Lending with Multi Crypto Switching Technology - page 9. (Read 1870 times)

copper member
Activity: 48
Merit: 0
A New Era of Lending and Earning in Multi Crypto
The fact that you can pay back your investment in no more than 45 days, I am infinitely happy))) indeed, this isn't offered by any platform. Only here is the question, where will the money for the interest be taken for payback? There will be a lot of investors, accordingly, the interest amount isn't small. Is it something like a financial pyramid? Roll Eyes

Its not like a financial pyramid Or ponzi scheme. We have our own proprietary bot (or software) with artificial intelligence and which is capable of doing profitable trades with 91% PLUS accuracy. Apart from that, we have invested to create a Crypto Currency with Real World Usage and have plans to launch Multi Crypto Currenty Debit Card by the end of 2018 in association with Visa Card.

  Let us know if you have some other query/concern
sr. member
Activity: 616
Merit: 250
what are the advantages of this project in general compared to others? Although I'm more than confident that the competition for it will be minimal

for your referral link you will receive 6% in case your referral provides or purchases RCA coins. In this case, you must be at level 1 to get this percentage. From the second level, you can get 3% and from the third - only 1%.
sr. member
Activity: 700
Merit: 250
Hi,
Who can answer me the question of how long will the ICO last? There is no pre-sale phase, right?
As far as I know, this ICO campaign will have 5 stages and it begins in 4 days, but I have not seen information about how long this will last
hero member
Activity: 868
Merit: 500
what are the advantages of this project in general compared to others? Although I'm more than confident that the competition for it will be minimal
sr. member
Activity: 672
Merit: 251
Hi,
Who can answer me the question of how long will the ICO last? There is no pre-sale phase, right?
ICO will running until March 15th, 2018. Pre-Sale will last for 5 days and will be started in the near future. All of those information already explained in detail.

full member
Activity: 518
Merit: 101
I have high hopes for this project.I think that all investors who have invested in it are incredibly rich.
sr. member
Activity: 420
Merit: 250
Hi,
Who can answer me the question of how long will the ICO last? There is no pre-sale phase, right?
jr. member
Activity: 140
Merit: 2
sr. member
Activity: 602
Merit: 250
I wonder how many investors will be in the end of this project?
full member
Activity: 518
Merit: 101
I think that the project has a great future
sr. member
Activity: 644
Merit: 250
Wow! I think it's very unusual and cool and a great way to benefit
sr. member
Activity: 602
Merit: 250
The project seems to be interesting, however, after it happened with the BCC it is a little dubious to invest. What is the guarantee that the operating loan platform will maintain?
sr. member
Activity: 602
Merit: 250
Looks very promising.I think that is a great project to invest
sr. member
Activity: 602
Merit: 252
Hello! Tell me please) Do numbers and calculation bamboozle you?
 Huh
OK! NO problem!
The Fixed Interest Lending Plan may be right up your sleeve. As the name suggests, you can invest and get xed returns on your investments. We have surprisingly low lending periods in this plan, the minimum being 7 days. You can withdraw your capital with interest on the 8th day.
hero member
Activity: 756
Merit: 500
Hello! Tell me please) Do numbers and calculation bamboozle you?
 Huh
copper member
Activity: 48
Merit: 0
A New Era of Lending and Earning in Multi Crypto
Nice enough. i would like to ask you something about the specification, quoting from the first post that :
Quote
Algorithm:   SCRYPT (POW/POS)
MiningPool:   YES (as per roadmap)
CoinBaseMaturity:   60 Blocks
BlockReward:   24 RCA

How long 1 block is approximately solved ? then as this is a POS/POW coin, for every 1 block, holder will mine/get 24 RCA into the wallet, is it correct ?

For every block mined, Miner will get 24 RCA into his wallet > 100% Correct.
 How long 1 block is approximately solved > 2 Mins
sr. member
Activity: 952
Merit: 323
Nice enough. i would like to ask you something about the specification, quoting from the first post that :
Quote
Algorithm:   SCRYPT (POW/POS)
MiningPool:   YES (as per roadmap)
CoinBaseMaturity:   60 Blocks
BlockReward:   24 RCA

How long 1 block is approximately solved ? then as this is a POS/POW coin, for every 1 block, holder will mine/get 24 RCA into the wallet, is it correct ?
newbie
Activity: 6
Merit: 0
The most important thing I would like to know is the specific risks involved. I'm glad that I finally created such a platform (after all, it's based on blockchain?), which gives access to credit and profits)) but risks are everywhere, it's obvious, I would like to know what risks are here? Is there a probability not only of not making a profit, but also not getting back your investments?

I dont think there is a place in crypto currency world where there is no risk. If its crypto, its really risky but we people get rewarded for our risk taking capabilities. I am going to invest some chunk of money into this platform but NOT my life savings. There is a saying in crypto community, "Risk what you can afford (or willing) to lose" And I completely agree with that.
copper member
Activity: 48
Merit: 0
A New Era of Lending and Earning in Multi Crypto
I understand that lending is a platform for currency exchange with a credit rate and interest. You offer your platform, which will be convenient to exchange currencies and earn doubly. But here's the moment: I didn't understand a bit, what is RICONA COIN? For what it is and what will it give us?

Its always advisable to visit Ricona.io to get all your questions answered there but here is some extract of the site for your convenience :

What is Ricona?

Ricona is an upcoming CryptoCurrency like Bitcoin or Ethereum, which can be used for decentralized, secure and discreet peer to peer transactions on the blockchain technology. However, if we talk about lending vertical, it differs from any other CryptoCurrency in the Crypto space by allowing its users to trade in multiple Cryptocurrencies.  There are multiple ways in which you can invest in Ricona. We offer an assured return plan called ‘Staking’, a compounding interest plan called ‘Lending’. Using one of these two plans, your initial investment can be doubled in as less as two months. Also, you can use your RCA coins to buy other cryptocurrencies or simply exchange them for other cryptos. Ricona Coins use the best-in-class security protocols to keep your coins safe from potential hackers and the transaction speed is much faster than most other P2P or banking networks.

Why is Ricona different from other cryptocurrencies and lending platforms?

We have set a new benchmark with our unique ‘Multi Cryptocurrency Switching’ feature which is unheard of in the Cryptocurrency space. No other lending platform offers this. It allows you to switch your primary lending Cryptocurrency to capitalize on a price swing. In simpler terms, if you are currently holding Bitcoin with us, but in one week, Ethereum is trending and you discover that lending Ethereum offers you better returns than Bitcoin, we allow you to switch your holdings to Ethereum or vise-a-versa. And all it takes is a couple of clicks. (Read Whitepaper for more details). Also, we allow you to get your returns in a Cryptocurrency of your choice or in plain old Benjamin (USD)

What is the value of Ricona?

There are several reasons why Ricona promises to be one of the biggest upcoming investment opportunities in the Crypto space. For starters, it is in limited supply. There are and will be just 28 million Ricona Coins, ever! Of these 9.1 million Coins are available for purchase in the upcoming ICO, making it a great way to get your foot in the door or buy-in early when the prices are still at rock bottom. Do you know when most of the so-called Bitcoin billionaires bought in? When Bitcoin was priced as low as $1.5 in 2009. The limited supply of RCA ensures that when the demand increases, the prices will skyrocket. Also, no other lending platform offers a ‘Lending Maturity Period’ as low as 45 days in the entire crypto space. This allows you to withdraw all your investments (which may be almost double) in just 45 days. Most other lending platforms have a 90-day lock-in period, which we believe is too high and risky, in the extremely volatile Crypto Space.

Use Case of Ricona Coins or RCA?

We understand that not everybody in the Crypto Space is an investor. To this end, our aim has always been to create a cryptocurrency that can be used by an individual, a business and an investor alike.

For individuals

Individuals can use Ricona Coins to transfer funds or buy goods and services online in a fast, discreet and easy way. That’s irrespective of their location or time and by bypassing the often ‘arcane’ and time consuming banking procedures. Our platform gives you access to a tamperproof wallet with the best-in-class security that uses private keys to ensure that only you can gain access or use it for transactions or fund transfers to another wallet (Peer to Peer).

For Businesses
With the acceptance of cryptocurrencies on the rise globally, this is a great time for any business, local trader, online merchant or an e-commerce giant to invest Or to use (as a mean of payment) in a path breaking new coin like Ricona. It allows them the convenience, comfort and discretion that is much desired while making payments to clients or suppliers.

For Investors
As we mentioned earlier, Ricona is in limited numbers (28 million coins only). This ensures a spike in demand with time leading to an exponential growth in price and value. As an investor, not only does this indicate excellent returns, it also allows diversification of the cryptocurrency portfolio. With blockchain technology advancing every day, it is only a matter of time before the traditional payment system becomes obsolete and is replaced by Crypto Currencies, which are more discreet, fast and foolproof.


Hope it helps all the people who have questions about WHAT IS RICONA (RCA) and its Use Case
copper member
Activity: 48
Merit: 0
A New Era of Lending and Earning in Multi Crypto
Excellent project, the idea is very relevant today! I am very pleased with the site, done very well! I really want to participate, but I also wonder if I can leach free tokens?

 You can visit the Bounty thread where you can leach some free tokens just for your contribution in spreading the word about the project
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