New MulticryptoCurrency Lending Platform Ricona Coin ICO to be launched on 11th Feb 2018 RiconaOfficial Follow Jan 23, 2018 · 4 min read

RICONA COIN (RCA)

Witness a New Era of Cryptocurrency Lending with MultiCryptoCurrency Switching Technology

WHAT IS RICONA COIN?

Ricona Coin is a REVOLUTION in peer to peer decentralized transactions with ability to lend Or trade in multi Cryptocurrencies (Not only in USD). Currently, all of the lending platforms work on Fiat Lending System to deliver returns based on Dollar value but at Ricona, we aim to deliver interest in initial cryptocurrency of the user (even ONE STEP FURTHER beyond that).

For example, if a user chose to lend his bitcoin Or ethereum & get interest in the same cryptocurrency (with a lock in period of say 90 days), he will get his daily interest (in the initial crypto) PLUS the increased value of the currency in last 90 days (which could have been 2x Or 10x in 90 days). This way, he doesn’t only earn interest in %age value of the invested crypto BUT would also multiply his return with the growth of the coin. This unique concept has been unseen by all lending platforms yet but it has an ability to change the Crypto lending game forever.

WHAT MAKES RCA DIFFERENT FROM OTHERS

We are a Challenge for lending platforms, with our Unique “Multi CryptoCurrency Switching” technology which allow users to Earn Daily Interest for their desired Crypto Currency with an ability to Switch their Initial crypto currency whenever they want. For example, if a user Lends his BitCoin (with weekly return of say 5%) and he notices that Ethereum has given 7% return for the same week, then he can switch his Primary Lending Currency from BitCoin to Ethereum (or Vice versa). The “Switched Over Currency” would include your previous 5% (Or whatever) return as well. Our Smart Currency Converter would Exchange your Currency on the fly on competitive market prices.(minimum 1 Week lock-in required for First Switching and 2 weeks thereafter)

WE ARE PIONEER IN ACCEPTING LITECOIN AS PAYMENT OPTION

As we all know, BTC transaction fee is very high now, so to protect our investors interest (and avoid higher BTC transaction charges), we are adding Litecoin as a payment option & passing on the transaction fee benefit to our investors. Of course, BTC would be another payment option for those who don’t mind paying higher transaction fee.

LOW LENDING MATURITY PERIOD WITH 10% BONUS*

No Other Lending Platform Offers “Lending Maturity Period” as low as 45 days in the entire Crypto Space (minimum 7 days for staking). Which simply mean, you can pull out all your investment (almost double) in just 45 days whereas others are locking-in your funds for an average of 90 days. Ricona offers two types of Lending “Floating Interest Lending Plan” and “Fix Interest Lending Plan”. With our unique bonus scheme we offer up to 10% *Bonus to our Loyal Investors under Floating interest Lending Plan.

*Bonus interest is applied to your Reinvested amount. For example, if you pull out 10 BTC after maturity period and Reinvest 6 BTC on the platform again, your Reinvested BTC would be counted as 6.6 BTC instead of 6 (under 10% Bonus slab) and you would earn daily interest on 6.6 BTC from the day 1 of your Reinvestment.

LIMITED SUPPLY OF RCA COINS

Maximum Supply of just 28 Million Ricona Coins from which only 9.1 Million Available during ICO period. Limited supply ensures high price of Ricona Coins once demand supersedes supply of available coins.

USE CASE OF RICONA (RCA) COINS

Apart from the personal use, like sending money to family or friends OR paying for goods/services online RCA coins can be used to transfer funds for businesses as well with complete security and privacy. Also, investors can buy RCA coins as an asset as once its demand surpasses the supply, the cost of RCA coins would sky rocket due to limited supply (just like Bitcoin)

Mining Pool/Block Explorer

Soon to be operational once ICO finishes at www.ricona.info (as per Roadmap)

RCA STAKING

Ricona Staking could make you amazing returns, If you are looking for a passive income. Just keep a specific amount in your wallet to support stability and security to the system, and we will reward you with lucrative bonus in the form of extra Coins (which you can trade Or sell for profit).

ICO Time

11th Feb 2018–15th March 2018

ICO SALE (TOTAL 9.1 MILLION RCA COINS AVAILABLE FOR SALE)

1,260,000 RCA COINS AVAILABLE DURING PRE-SALE

ICO START DATE : 11th FEBRUARY 2018

ICO TIME : 3 PM SST (GMT +8)

ICO END DATE: 15TH MARCH 2018

ICO STAGES with DISCOUNTS (Tentative)

ROUND 1(Presale) 11TH -15th Feb 2018 (RCA price:$0.69) 30% discount

ROUND 2 (1,960,000 RCA coins RCA price:$0.90) 22% discount

ROUND 3(1,960,000 RCA coins RCA price:$1.10) 18% discount

ROUND 4(1,960,000 RCA coins RCA price:$1.35) 10% discount

ROUND 5(1,960,000 RCA coins RCA price:$1.50) No Discount

RCA COIN SPECIFICATIONS

Name :RICONA

Symbol: RCA

Total Supply: 28 Million RCA

ICO : 9.1 Million RCA

Decimal Places: 8

Mining Pool : YES (as per roadmap)

ALGORITHM SCRYPT : (POW/POS)

Coin Base Maturity : 60 Blocks

Block Reward : 24 RCA

Price Starts at : $0.69

Local Time (SST) : Singapore (UTC +8)

PROSPECTIVE EXCHANGES

coinexchange.io

livecoin.net

bittrex.com

Wallets

Bitcoin and Litecoin Wallets Active now.

RCA Web wallet available during ICO

Android and iOS Wallet available as per Roadmap

Official Website https://www.ricona.io

Official Whitepaper https://www.ricona.io/Ricona-Whitepaper.pdf

Communication Channel

Facebook : https://www.facebook.com/RiconaOfficial

Twitter: https://twitter.com/RiconaOfficial

https://www.instagram.com/RiconaOfficial

Telegram: https://t.me/RiconaOfficial

Email: support@ricona.io

WHAT IS EXACT DATE AND TIME OF ICO AND HOW CAN I PARTICIPAGE IN IT?

ICO will go live on 11th February 2018 at exact 3 PM Singapore time (SST). To participate in ICO, You need to Register First. Once your Registration done, you will need to deposit Bitcoin/Litecoin to your wallet in members area. When ICO goes live, you will be able to buy RCA Coins using your wallet. Also note, RCA quantity is limited for each person/day which would be announced prior to each sale.