Ride Token nearing the end of its ICO.
Ride, Fly, Earn, Spend
Ride Tokens are a revolutionary new crypto-currency based on the Ethereum platform, specifically designed to complement the travel and ride sharing industries. As you travel, you accumulate tokens at a ratio of one token per kilometer to start and the amount gained will decrease as more coins enter the market.
This will be tracked via an app with GPS functionality that is currently being developed and makes use of proprietary anti-spoofing technologies. You can then spend these tokens on gift cards and other merchandise. We have partnered with industry experts to ensure that we have a variety of options to choose from. The tokens may be exchanged for other crypto-currencies such as Bitcoin or Ethereum, or directly for USD. We are in partnership negotiations with various exchanges and have already secured two exchanges.
As the total amount of Ride Tokens increases, the discount rates on gift cards and merchandise will go down, allowing purchasers of the token to enjoy far lower rates than anywhere else. It really is a win/win situation. You can mitigate travel expenses simply by turning the app on in the background, and it uses very little resources so anyone can use it.
We are currently seeking funding in order to further build security measures which is our #1 priority at the moment. Secondary will be establishing partnerships with the larger ridesharing and travel companies. And finally it will be to hire a proper graphics designer. We have the idea, we have the plan, we are just in need of funding.
The plan is to replace "reward miles" which people are growing less fond of.
Please visit www.RideToken.com to invest. I wish it does succeed in reaching its goals, though we are prepared to continue should it not.
[link] [comments]
Read More
