Rateonium – A Blockchain based Rating Platform

Overview:

The review system today is very crucial for businesses to improve the quality based on the feedback they get from the customers. However, the rating process used today does not satisfy the customers as there is no privacy for their data which they submit. The customers also do not get any incentives for giving quality reviews to the businesses. Rateonium is solving thing problem using blockchain technology where it ensures that the customers get data privacy and they are also incentivised for writing a qualified review. The project aims to develop a decentralized platform which connects the customers and companies in a different way.

Rateonium Platform:

Rateonium will work on a basic principle which will incentivize users in terms of Rateonium tokens for submitting a review for a company. These tokens will be used to get rewards from the companies. The rewards can be customized by the companies and thus it may vary. The customers will receive the tokens based on the quality of their review. The platform also enables users to give up or down ratings to the reviews submitted by other users. Rateonium platform maintains the anonymity and does not reveal the customers’ identification after submitting a review.

This project is introducing two tokens to prevent the affect of price fluctuations. The Rateonium tokens will be used by the customers to get their awards for the companies and the second token which is Ratec token will be used for trading on major trading platforms.

Rateonium App Features:

• Viewing User History: The App help the user the view all the previous reviews and ratings given to different companies and the users can also edit the review easily within 14 days after submitting the review.
• Scoring: The user can also view their score on the right-hand corner of the app. This score changes based on the reviews submitted.
• Around Me – Geo Search: This feature helps the user to locate the companies near the users’ location. The search results can be filtered using options like key word, radius, average rating, or category.
• Company pages: When a user visit the company pages, reviews will be displayed to the user in order of relevance.

Team:

MARKO KRUSNETSEVIC - CEO & FOUNDER
After his university graduation in 2006 he began to work as a Manager in the interference of Marketing and Sales in the AIK Banka in Belgrad, Serbia. Afterwards , he got the chance to work as Vice Marketing President in the UniBanka in Skopje for six years. His long-year experience as a CEO and as a Marketing Vice President has given him enough experience for providing leadership for the development of global strategic marketing plans.

KAI CILINGIROGLU - CTO
He is an experienced Back End Developer with a demonstrated history of working in the computer software industry. Skilled on the technical level in Java, cloud system implementation, PHP deployment and Agile. A long year Senior Professional with a Bachelor's Degree focused in Computer Science and Engineering from the Fachhochschule Frankfurt in Frankfurt,Germany.

DJEVAD LAKOTA - INVESTOR & CO-FOUNDER
Previously he worked in JP Morgan as an analyst for four years. He also held the position of managing associate at L&K Ventures Ltd for 16 years. Djevad provides key analyses of strategic concepts as well as financial assumptions along with feasible recommendations for Rateonium’s management board and is the main investor and shareholder of the first blockchain based rating platform.

Token Matrix:

Token: RTC
Token Pre-Sale: 10 August to 25 August 2018
Token Sale: 25 August to 25 September 2018
Soft cap: 32.000 ETH
Hard cap: 84.234 ETH
Total RTC Distribution: 801.703.971 RTC

Verdict:

Pros:
• The team behind the project has experience in marketing, finance, blockchain, IT, computer science, etc.
• The whitepaper consists of detailed information about the project.
• The roadmap is very well drafted.

Cons:
• The social media hype of this project is low as it has around 2000+ followers on Twitter and around 600 members on Telegram.
• Currently there are no advisors for this project.
• The team members should include more members having blockchain experience.
• The MVP is not yet released by the project.

Website: https://rateonium.com/
Whitepaper: https://rateonium.com/whitepaper.pdf
Telegram: https://t.me/rateonium_community
Twitter: https://twitter.com/rateonium
ANN Thread: https://bitcointalk.org/index.php?topic=4796158.0

Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c