Finance: 
Product: 
Team: 
Marketing: 
Summary
| Website: | http://www.rencap.asia/ |
| Type: | Pre-ICO |
| Category: | Payments |
| Verified team: | No |
| Whitelist of investors: | No |
| KYC of investors: | No |
| Goal of funding (Soft cap): | $20,000,000.00 |
| Goal of funding (Hard cap): | $20,000,000.00 |
| Tokens for sale: | 20,000,000 RNP |
| Token price: | 1 RNP = 1 USD |
| Minimum purchase: | 100 RNP |
| Maximum purchase: | 1,000,000 RNP |
| Have escrow agent: | No |
| Have working prototype: | Yes |
| White paper: | Open |
| Currencies: | ETH, USD and SGD |
| Platform: | Ethereum |
| Exchange markets: | |
| Location: | Singapore |
| Links: |
Description
RenCap Is Supported By A Network Of Businesses Ready To Take On The Currency As Their B2B Payment Solution. Further Down The Years, Within A 5 Year Plan, RenCap Will Also Plan To Implement Into The B2C Payment Solution Market. With A RenCap Mobile App To Monitor Account Balanaces, RenCap Debit Card And RenCap Payment Terminals In Merchants Around The World, RenCap May Become The Most Convenient Payment For Consumers And The Cheapest Payment Solution For Merchants.
Funding Information
Cercentage of completion 100%
Distribution
| Equipment Purchase | 15.00% |
| Expand Land | 20.00% |
| Expansion Operational Costs | 10.00% |
| Marketing | 10.00% |
| RundefinedD and Development of Token, Payment System, Terminals | 15.00% |
| Expand Bulk Purchases of Raw Materials | 10.00% |
| Reserve Fund | 10.00% |
| Founder's Reward | 10.00% |
Bonuses and discounts
| Stage 1: | 50% |
| Stage 2: | 30% |
| Stage 3: | 10% |
| Stage 4: | 3% |
Team
Terence Ho
Economics BA, UCLA
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