Repo Coin set to release blockchain for car repossession industry

For many people, the cryptocurrency market seems far out of reach. Repo Blockchain is about to change that. The Repo Coin project is not fundraising through an ICO but plans on allowing participants to earn their tokens instead. This avoids the public sale FOMO frenzy that gets people throwing their money around.

Repo Blockchain is hoping to partner with leaders in the auto finance industry to enhance the auto repossession process while rewarding users for their participation with Repo Tokens. The concept is simple: scan license plates and receive reward tokens for identifying tagged vehicles. The Repo Coin app, once released, will allow users to earn tokens that can be claimed for items on their website which range from gift cards to an incredible Tesla Model 3.

In addition, Repo Blockchain will be launching the “We Care” program, a fund that will be used to purchase vehicles for those who are truly struggling. The contest will ask entrants to submit a video and Repo token holders will vote for their favorite.

To get the program started, Repo Blockchain has pledged one million tokens.

To learn more about Repo Blockchain and their non-traditional ICO release, visit their website and see the whitepaper.

Please note that the purchase, ownership, receipt, or possession of Repo tokens carries no rights, express or implied, other than the right to use such tokens to participate, interact or transact on the decentralized Repo Coin blockchain platform. Repo tokens are not intended to be utilized outside the Repo Coin platform nor as a digital currency, security, or any kind of financial instrument, and anyone wishing to participate should first review the complete terms and conditions available on the Repo Coin website.