repay.me's ICO commences on Tuesday and concludes on July 15. A hard cap of 375 million REME-coins, the platfroms native cryptocurrency, is up for grabs with each coin being sold at a rate of 0,40 CHF (Swiss Francs), or £0.29.
The minimum donation is 100 CHF (£146.67) and this will buy 250 REME-coins, plus the bonus. REME-coins can be purchased using either Bitcoin or Ether, Ethereum’s native currency.
375 million REME-coins at 29 pence a pop means the funding goal for repay.me’s ambitious ICO pre-sale is approximately £109 million.
However, bear in mind they’ve given themselves a whole two and a half months to achieve this by, a lengthy ICO by anybody’s standards.
Receive 100% cashback with REME-coin
Berlin-based Cashback app repay.me allows customers to receive up to 100% cashback in Remecoin (REME) on new and used items they buy from some of their favourite shops.
By using the service, customers are essentially taking back ownership of their valuable data and profiting from it.
Indeed, repay.me’s community is grounded on the spirit of fair trade, i.e., the more data repay.me receives from the community, the more cashback will be repaid to the community. It’s an ecosystem which puts the power back into the hands of the consumer.
For too long, retailers have viewed customers’ personal data as their own. replay.me, along with its native currency Remecoin, threatens to change all that for the better.
It’s also worth noting that, in contrast to other cryptocurrencies, the REME-Coin is stable in value: every REME-Coin is backed by a guaranteed number of ad impressions with a certain value (CPI - cost per impression).
Hence, right from the start, the REME-Coin holds a fixed inner value. With increasing amount of data, targeting possibilities for advertisers improve and the value of one token backed by ad impressions will rise.
What Remecoin says:
“Simply pay with REME-Coins and receive up to 100 percent cashback on everything you buy – anywhere worldwide. REME-Coins are backed by real value and have a perfect reason to be spent. REME-Coins give you access to the billions big companies make by selling collected user data.”
Please refer to the REME-coin whitepaper for more info