Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Tokens/Coins Offerings (ICO, IEO, etc.) => Topic started by: kevinfernando777 on May 14, 2018, 12:07:04 PM
-
I think that Repo Blockchain is about to change this. The repo / coin project is not going to raise funds by ICO, but we plan to allow participants to acquire tokens instead. This avoids the public madness FOMO frenzy allowing people to invest money.
Advantages of REPO COIN
For users Users will be incentivized with Repo tokens as rewards for helping lenders locate delinquent vehicles. Repo tokens will have a variety of uses, including:
• Purchasing products from the Repo Coin website (repocoin.io)
• Voting in the We Care program, where Repo Coin will donate a car once every month to a family or individual in need
• Transfering to other parties who use the Repo digital wallet
• Paying for services such as auto repairs, assistance during a breakdown, or flat tires (phase two)
• Paying for ride share services (phase three)
For auto lenders Lenders will be able to recover lost assets more quickly and at a lower cost by reporting delinquent vehicles to Repo Coin and allowing our community of users to help locate them.
They will then be able to have a trusted repossession company recover the vehicle for them through the Repo Coin platform, eliminating the need for contracting and negotiating with the repossession company directly.
ADVANTAGES OF REPO COIN © Repo Blockchain LLC R REPO COIN Additionally, lenders will be able to follow the asset recovery process in real time, using GPS tracking which will allow them to see how far the vehicle has traveled and when it has arrived at its intended destination, leaving less opportunity for the vehicle to be tampered with or degraded before it has been returned.
For more info visit their website at http://repocoin.io/