UNDERSTANDING REPAY.ME - AN E-COMMERCE PLATFORM ON BLOCKCHAIN

in blockchain •  6 years ago 

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In the information age, information is the gold of the 21st century. Therefore, e-commerce platforms and cashback companies tend to take a gander at the obtained consumers' bits of knowledge as their property and use them fundamentally for their own particular marketing benefit, without consumers (as the information producers) partaking in the marketing revenues. repay.me is one of such platform. What then the repay.me?

repay.me is an online marketplace that empowers its users to purchase and sell distinctive items with the REME-Coin (or REME-Token)which is the cryptocurrency of repay.me. repay.me acts just as an intermediary among buyers and sellers. sellers. The stage depends on three segments: marketplace, cashback and advertising. These three segments, subsequently, comprise of a progression of modules, which will be inspected in more detail over the traverse of this article.

The E-commerce Market
repay.me has developed an international marketplace for consumers that combines the advantages of well-known marketplaces. Moreover, repay.me enables its users to receive up to 100 percent cashback on all purchases directly made on the stage. Due to the accompanying reasons, the entire worldwide (basically online) retail trade is the target market for repay.me:

■ Unlimited marketplace: You can discover items from all consumer areas and industries on repay.me, without concentrating on specific niches. Even second-hand items and offers from taking an interest offline shops are available by means of repay.me, with the full cashback work.

■ repay.me is already available worldwide in several languages.

■ 80 percent of all consumers worldwide demonstrate a high willingness to make a change and would immediately change to another shop, to another stage or even to another brand on the off chance that they could save enough money
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Be that as it might, before going further in clearing up more on the stage, let investigate effectively existing feeble focuses as looked by sellers, buyers and merchants

♢ Finding a decent coupon code is frequently a matter of luckiness. Sometimes it works, yet regularly it doesn't.

♢ Numerous cashback systems are excessively confounded, making it impossible to deal with for the typical user.

♢ The cashback is frequently little and was added to the item cost in advance.

♢ Companies are skimming off consumer benefits by monetizing user information.

WHY REPAY.ME?
Late investigations and research clearly demonstrate that there is a strong and supported customer enthusiasm for saving money when shopping, combined with a high capacity to switch shops or brands (eight out of ten customers). repay.me needs to meet precisely this need. On this premise, repay.me is going for a market volume of 97 billion US dollars, as depicted previously.

Since 2015, repay.me's gathering of twenty-five representatives and ten outside experts has been dealing with the worldwide dispatch of another kind of cashback marketplace. This cashback marketplace consolidates the upsides of surely understood online marketplaces and further disposes of the weaknesses of existing cashback systems as depicted previously.

The repay.me marketplace will have the going with special selling suggestions:

• Unlimited cashback: On the repay.me marketplace, you can purchase new and utilized things with up to 100 percent cashback. Notwithstanding for disconnected purchases in taking an interest stores, up to 100 percent cashback is conceivable.

• All items are specifically accessible on the repay.me marketplace with up to 100 percent cashback, I. e. without using outside connections.

• Purchases are recorded consistently and enlisted for cashback. The cashback will be paid in euros and in REME-Coins

• repay.me is the chief marketplace on the planet with its own specific cryptocurrency as a payment alternative.

repay.me has developed an attractive stage for the two customers and sellers (and advertisers). From one perspective, the stage takes into account the customer's need for sparing opportunities more consistently than all other cashback companies. Then again, repay.me's new marketplace likewise creates attractive opportunities for retailers (and advertisers) and offers the accompanying unique selling focuses:

》 High willingness to purchase: repay.me customers receive up to 100 percent

》cashback from repay.me advertising revenues for every one of their purchases
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on repay.me. This encourages the willingness to spend more and accelerates acquiring decisions. For example, a recent report demonstrates that consumers spend an average of 46 percent more money when they receive cashback (source: Cashback Industry News).

With Loyal customers, repay.me will have the incentive to constantly select items available on repay.me first because they receive up to 100 percent cashback. Viral marketing and "user-generated content" will therefore be the fundamental components for a fast development of the repay.me network. Sellers who register for free on repay.me from the very beginning will benefit disproportionately from this dynamic development and the advantage of good customer evaluations.

Perfect targeting: Validated user information (see next section), made available on the marketplace in real time, provides effective and efficient advertising opportunities. Sellers can, for example, address exactly those users who are searching for their items at this moment.

ADVANTAGES OF REPAY.ME
The REME-Coin offers customers, sellers and marketing specialists favorable circumstances and selective application potential outcomes. By paying with the REME-Coin, regardless of cashback payments are set a few minutes to all gatherings required, with no additional steps being taken. Inventive advertising openings with which you can clearly achieve finely segmented target gatherings will be accessible exclusively with REME-Coins

The Advertising Market
As a marketplace, repay.me offers an entire range of advertising positions other than retail media and retail advertising.These incorporate conventional show advertising on its stage, supported items in the field of item request and recordings, and also social advertising with recommendation advertisements in casual communities. In view of item recommendations by repay.me users, advertisers can utilize social recommendation advancements to place advertisements in casual associations. These advancements are more believable than standard advertisements and effect confining conclusions and purchasing choices.

At the same time, repay.me seeks after an emphatically user-arranged approach in its advancing model. The deals created with the advancing of retail media are to a limited extent circulated to the people who, by using the stage and giving their information, make it workable for associations to make progress in the retail media business: repay.me customers.

The Cashback Market
There are no examinations on the dynamic and ceaselessly rapidly extending worldwide cashback advertise. Likewise, most cashback associations don't distribute monetary figures. Numerous associations have perceived the need and fame for cashback, coupons and other saving open entryways with regards to shopping, which incite a significant number of different cashback systems.
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The greater piece of the issues depicted demonstrate that the huge interest for cashback and saving open entryways when shopping are inadequately implemented into consumer-situated arrangements essentially. Better implementation is considerably more basic now that the market requests appealing saving open entryways when shopping, and also ending up increasingly aware of their customer esteem. This gives a magnificent premise to the repay.me plan of activity.

BUSINESS MODEL AND MARKETING
With the objective of reacting to the gigantic requirement for saving open entryways when shopping more reliably and superior to all other cashback associations as an essential concern, repay.me has developed an absolutely new cashback marketplace, which is planned to go online in the important portion of 2018.

In particular repay.me gives its users the chance to give their cashback to charitable affiliations. Numerous people should need to achieve something great and give money, yet don't have the time to inquire about vital activities. repay.me plans to cooperate with chosen altruism affiliations. Typical postings keep users informed about the blessing ventures and their advance.

To abridge, the REME-Coin has a few unmistakable mechanisms that will help construct its esteem. For example, the repay.me concentrating on instrument can be precisely calibrated to increment segmented contact esteem. Likewise, the contacts behind a REME-Coin will then become increasingly noteworthy because of the expanding measure of information.

ICO PRE-SALE
The organization will collect supports for the expansion of the development team to further develop the marketplace and for the marketing and sales team to enter international markets. For this purpose, a pre-sale is carried out for the reservation of REME-Coins. The REME-Coin is an utility token and savvy contract based on the Ethereum blockchain and is implemented by the ERC-20 standard. REME-Coins are not stocks, securities or equivalent assets; and therefore, don't give any rights to ownership or transfer over the organization, the marketplace or its assets.

OUR TEAM
☆Michael Kuhlmann
Michael works as a senior backend developer at repay.me.
☆Marcus Stöckel
Marcus is a senior backend software developer at repay.me
☆Marek Muciek
Marek works as a senior software developer at repay.me.
☆Oliver Schwab
Oliver is a software developer at repay.me.
☆Philipp Glogowski
Philipp is DevOps engineer at repay.me.
☆Nilambari Patil
Nilambari works as a senior frontend developer at repay.me.
☆Dmitry Sagoyan
Dmitry works as a frontend/backend developer at repay.me.
☆Jörg Kandziora
Jörg is a frontend developer at repay.me.

for more information visit
website: https://www.remecoin.io/
Whitepaper: https://www.remecoin.io/whitepaper_en.pdf
Ann: https://bitcointalk.org/index.php?topic=2827680
Facebook: https://www.facebook.com/repay.me.official/
Telegram: https://t.me/joinchat/G3eZNw7m_7-mEQ7M796eAg

Authored by Solman: https://bitcointalk.org/index.php?action=profile;u=1903032
Public key: 0xfB83b7361ADaab3CE2418B50Fd316575c7445848

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Repay.me is a really solid project that has a robust whitepaper! You should really check it. Beside cashback unlimited it provides monetization of user's data! Introducing #Remecoin!
Visit https://repay.me/ for more information!

Hunting for Cashbacks was one of my night mares growing up, and most of all. Not getting it back 100% was the real problem.
This is sure going to be a great project.
Success to repay.me

Glad to be part of this project. Good luck and prosperity

Overall a great project.