Since the legal status of cryptocurrencies is undefined or changing in many countries, it is difficult to predict their future. While some countries allow their use, others restrict or completely ban it. As if all that weren’t enough, various government agencies and courts classify tokens differently which can lead to negative effects for the whole business model. It seems like the time when brainy students could spontaneously start an ICO is already over. A good idea is not enough: It must be implemented professionally with maintenance of a global perspective — like repay.me practices it daily with a growing workforce of currently more than 40 professionals.
Everything’s Under Control
The pre-sale of repay.me’ token, the REME-Coin, is one of the few ICOs to be audited and regulated in accordance with the criteria of the Liechtenstein Financial Market Authority (FMA). The FMA is an independent supervisory authority operating under public law and is responsible for the protection of clients and prevention of abuse. It covers the regulation of banks, insurance and investment companies, pension funds and other financial intermediaries. Attorney István Cocron, lawyer for cryptocurrencies, blockchain and capital market law, states that the FMA’s supervision of the REME-Coin and its pre-sale is an essential factor for its legal security. Additionally, repay.me’s terms and conditions of use have been examined by a lawyer for industrial property protection, attorney Sylvio Schiller, who found them to be legally faultless: “The business model, terms of use and terms and conditions of repay.me are fair and transparent for market participants (including up to 100 percent cashback) — without any hooks in the small print.”
When Experience Meets Innovation
Not only lawyers, but also technology experts who have learnt the business model of repay.me appreciate its potential in terms of professionalism, innovation and reliability. The technology of repay.me’s marketplace ist based on the Intershop Commerce Suite (ICS), which has been tested for more than 25 years, and is used worldwide in shops of all kinds, including BMW, Telekom and Mister Spex. The repay.me team extended ICS with functionalities of a marketplace. “repay.me and Intershop are a perfect match: the innovative marketplace is positioned for aggressive growth through flexible technology” — states dr. Jochen Wiechen, CEO at Intershop.
As a marketplace, repay.me offers a whole spectrum of innovative advertising formats, which will be partly available exclusively with the REME-Coin. In contrast to many advertising platforms, repay.me’s user data is validated, that allows advertisers to identify, select and target precise user interests and purchase intentions. Technology expert Patrick von der Gönna, who has been focusing on the developments of the digital economy for more than 20 years, stresses the advancement of repay.me’s advertising strategies and, especially, its “highly precise and innovative targeting methods”.
A Coin Made in Germany
repay.me is a Berlin-based startup founded in 2015. It has been developing a marketplace offering new and used products as well as — thanks to advertising revenues — the possibility of up to 100 percent cashback on every purchase. The cashback function is combined with repay.me’s own crypto token, the REME-Coin, which guarantees a fixed number of advertisements on the marketplace. It therefore holds a real, measurable value which is expected to grow with the increasing amount of data. The goal of repay.me is to achieve worldwide acceptance of the REME-Coin as a payment method, which will enable full cashback functionality by simply paying with it — even in offline shops like boutiques or restaurants.
The founders of repay.me, Mario Peter und Sascha Jonas, are well-experienced managing directors who know that a company’s success can be reached only through excellent and determined work. Their international team consists of 45 highly committed professionals: employees, freelancers, advisers and advanced students. From the very outset, the directors have built up a network of advisors and have been dealing with legal and tax aspects. Thanks to their financially strong investors, they can focus on putting their vision into action.
Only the Strong Survive
The field of cryptocurrencies is booming and getting more and more emotionalized. It would be utopian to believe that all cryptocurrencies will survive in the next years. As Dominik Schiener, managing director and founder of IOTA (eleventh largest cryptocurrency in the world) said at the Investor Day of Cryptocurrencies in Berlin, only those cryptocurrencies that have more substance than a pure idea (or whitepaper) will maintain its position in the market. repay.me, which offers clear added value for every user from the very beginning, will issue a token with growth potential. Daniel Arber, who is an experienced and recognized figure in international trade, confirms it as well: “In the growth market of cashback, a trustworthy product is being created, which means a unique entry into a new, innovative and unlimited world through free access for every marketplace participant.”
The REME-Coin is only available during the ICO which is set for Q2 2018. Download the whitepaper and secure your bonus on: https://www.remecoin.io.
