We at Renitheum are launching a digital asset trading platform which applies the new and advanced DAICO fundraising model. Not long ago, the cryptocurrency market has surged to its popularity.
In this highly competitive and constantly changing field, you need to know how to step ahead of others; in other words, create your own advantage and differentiate yourself from the rest.
With ICO, the reason why many investors hesitate to pour money into is the high level of risk they face. Cyber attacks and frauds are among the most typical threads. In contrast, DAICO could greatly improve the traditional structure of an ICO and eliminate the risk of resources being used for inappropriate purposes for personal gain.
As introduced by Vitalik Buterin – the creator of Ethereum, “The DAICO contract starts off in ‘contribution mode,’ specifying a mechanism by which anyone can contribute ETH to the contract, and get tokens in exchange.” Contributors are granted the right to vote on the usage of funds, and there is always a refund option if you do not want to continue on the same way with us. One concern is that votes could be manipulated in either direction; however, the team still retains the power to change it.
If unfortunately, a malicious attack controls the votes in a way which causes the cancel of the project, contributors would get their money back. Clearly, with DAICO, everything is always in control and much more secure. You contribute, decide, supervise and benefit. Nevertheless, at the present, there are hardly any efficient DAICO projects that you can safely entrust your money to.
Since the introduction of DAICO, seeing the advantages and promising future of it, we have been continuously working hard to bring Renitheum to the cryptocurrency world. Our plan is to apply DAICO and smart contracts for RENITHEUM project. Renitheum is a token developed on the basis of Ethereum. Renitheum inherits features from Ethereum and moreover, it discovers security vulnerabilities and defends them by adding more advanced security features for users. In the future, we will build a secure base for Renitheum including Renitheum VM; Renitheum Smart Web which consists of Blockchain, Renitheum Runtime, Renitheum Carrier, Renitheum Software Development; Smart Contract and Renitheum D-apps.
The RENITHEUM platform is the solution for the most crucial industry problems, such as limitedness due to the lack of information, lack of transparency and, consequently, lack of trust. The smart contract technology that underlies the platform will provide an automated and absolute transparent system for investment and profit distribution.
Token presale is currently underway and DAICO beings next week.
- Coin name: RENITHEUM
- Coin symbol: RTH
- Total supply: 500,000,000 RTH
- Telegram: https://t.me/therenitheum
- Twitter: https://twitter.com/TheRenitheum
- GitHub: https://github.com/renitheum