RenCap — Hive

B2B and B2C Crypto Payment Solution

RenCap is both a B2B and B2C Decentralized Payment Solution.

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.

Timeline

Stage 1

50% Bonus
April 16 - April 30
1 RENCAPS = 0.001 ETH SGD
$ 1.50 | USD $1.00
Hard Cap : 3,000,000
Minimum Purchase : 100 RENCAPS

Stage 2

30% Bonus
May 7 - May 28
1 RENCAPS = 0.001 ETH SGD
$ 1.50 | USD $1.00
Hard Cap : 10,000,000
Minimum Purchase : 100 RENCAPS

Stage 3

TBA
TBA
1 RENCAPS = 0.001 ETH SGD
$ 1.50 | USD $1.00
Hard Cap : 4,000,000
Minimum Purchase : 100 RENCAPS

Stage 4

TBA
TBA
1 RENCAPS = 0.001 ETH SGD
$ 1.50 | USD $1.00
Hard Cap : 3,000,000
Minimum Purchase : 100 RENCAPS

Tokens Allocation

Reserve : 20,000,000 RenCap Tokens
Core Team & Ongoing Development : 5,000,000 RenCap Tokens
Public Sale : 20,000,000 RenCap Tokens
Public Bonuses : 5,000,000 RenCap Tokens


Total offering : 50,000,000 RenCap Tokens
1,000 RenCaps = 1 ETH
Minimum Purchase : 100 RenCaps / 0.1 ETH
1 RenCap = USD $1
Minimum Purchase : 100 RenCaps / USD $100
1 RenCap = SGD $1.50
Minimum Purchase : 100 RenCaps / SGD $150

RenCap Token Sale

RNP Tokens will be offered for sale at an exchange rate of 1 RNP for USD$1.00 or SGD$1.50 or ETH 0.001 during the entire ICO period. The ICO period will last for 4 stages, with each stage lasting approximately 2-3 weeks each. The sale s stage 1 is scheduled to begin on April 16, 2018 at 00:00 Hours GMT +8 (Singapore Time) and Stage 4 will end on July 16, 2018 23:59 Hours GMT +8 (Singapore Time).

Total Public Sale would add up to an amount of 20,000,000 RNP spread among 4 Stages. Bonuses will account for 4,990,000 which is also spread among 4 Stages.

Stage 1 : 50% Bonus
Stage 2 : 30% Bonus
Stage 3 : 10% Bonus
Stage 4 : 3% Bonus

5,000,000 RNP will be given to the Core Team as a reward for the successful ICO.
20,010,000 RNP will be kept as reserve for future expansion plans and the safeguard the value of this Token.
Core Team s Tokens will be frozen for 1 year (12months) and Reserve Tokens will be frozen for 2 year s (24months) starting from end of sale.

This is to ensure that no developer tokens could potentially enter circulation before RNP is stable.
Tokens purchased via ETH will immediately be allocated to the buyer s given wallet address.
Tokens purchased via Paypal (USD and SGD) will be allocated to the buyer s given wallet address within 1 working day.
Unsold RNP Tokens

RenCap Tokens RNP are created to be sold during the ICO period. The Core Team, Reserves and Public Sale gets created at the same time. In the event that the ICO is not entirely sold out and has RNP remaining, the remaining RNP will be transferred to the Reserves for future expansions or sale. RNP tokens could potentially not be burned.

Official Website :
http://www.rencap.asia/

White Paper :
http://www.geekweblab.com/assets/rencap.pdf#page=1&zoom=auto,-953,842

Join Us on Telegram :
https://t.me/rencap

Social Media Links :

Facebook : https://www.facebook.com/RenCap-1732141560177472

Twitter : https://twitter.com/terencehth

Bitcointalk Thread :
https://bitcointalk.org/index.php?topic=3138267.0