Hi Anons, I just discovered a gem (which I am bagholding now) and I'm shilling it.
Introducing Rate3 (RTE)
Ultimate protocol for online business payments
>Mid-market exchange rates powered by Stellar Protocol
>Easily converts fiat into crypto of your choice with no additional fees
>Average transaction fee of $0.000005 as compared to Visa’s 0.2% + 3% foreign tx fees
Credit scoring protocol
>Powered by Ethereum’s smart contract
>Lower rates for borrowers with good credit rating
>Lower default rate for lenders with full transparency on borrower’s credit scores
Investors and Advisors
>12 known VCs at the moment, which include Fenbushi Capital, Alpha JWC Ventures, Matrix Partners, etc.
>Known partnerships at the moment include Ziliqa, IOST, Kyber Network
Supported Merchants
>Amazon, Taobao, eBay, Lazada, Expedia, ASOS, Agoda, Uniqlo, etc.
Existing Products/Services
>RateX and RateS
Tokenomics for HODLers
More payment transactions + more successful loans + decreasing circulating supply = increase in token value
Token Price
>ICO price at 1 ETH : 16000 RTE.
>With Presale bonus, 1 RTE = 0.000052 ETH.
>Token unlocked and started trading on 23rd June
>Currently trading at 0.94x pre-ICO price in this super bearish market.
Future Potential of Token Growth
>LTC has a 56 TPS maximum capacity, while RTE can go up to 4000 TPS since it’s built on the Stellar Network.
>Given RTE’s superiority over LTC, there is no doubt that when mass adoption takes place, merchants will be more in favour of RTE than LTC.
>LTC is currently at $80 USD
>Let’s use 0.1% of LTC’s price as target price, 0.1% x $80 = $0.08
>Current RTE price in USD = $0.02
>We are looking at a potential 4x gains
Currently trading on Bibox. Please use 11362186 if you do not have an account on Bibox yet.
Enjoy your bags!
