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Ring market is our e-commerce platform; it operates on the Market Place principle with discounts for consumers using the Ring coin I) RINGMARKET to help reduce consumers' purchasing power RINGMARKET wants to seize the opportunity offered by blockchain technology to offer consumers of any product the opportunity to buy goods and services at unbeatable prices. Indeed, in a global context where one of the characteristics is the upward pressure on prices, RINGMARKET on the blockchain will help pull prices down to allow consumers to retain their purchasing power. II) RINGMARKET as a solution for companies wishing to sell their products quickly. RINGMARKET is not only for consumers, but also for online sellers around the world who want to quickly sell their products. Indeed, one of the strategies used by companies to sell their products quickly is to grant discounts. Regardless of the level of discount already granted by affiliates on Ringmarket, the later gives them the opportunity to automatically grant a 10% discount that will be supported by Ring corporation. Thus, the functioning of the market will be such that for any product X costing online or in the traditional markets a price P. the seller will be able to sell this product on ring market at P-10% P without any impact on his profit, because it is the company ring corporation that will replace the seller to grant the 10% discount to customers. III) RINGMARKET opens the way for investors to lower risk and high yield investments. As we will demonstrate below, investors will find in Ringmaket an investment opportunity thanks to the strategy of double tokenization that it promotes. Indeed, investors by their subscriptions to the tenders of the company Ring to participate in the financing of each discount of 10%, will receive a return on their investments
I) Double Tokenization as a Basic Instrument In addition to 90 800 000 Ringcoins issued and listed on the stock exchange, 908,000,000 ring token are simultaneously issued, with a fixed value compared to Ringcoin of an amount equivalent to 10ringtoken for 1ringcoin. In addition, the ring token are not listed on the stock exchange and are held solely by the company Ring Corporation, which decides on its issue according to the triggers for purchases of goods and services. II) Triggering the purchase of goods and services Whenever a person holding Ringcoins registers in the Ring network, he automatically has the right to buy any product on Ringmarket with a discount of 10% So, be a well on ring market costing P $ = nRC at a moment The consumer will only have to go to the "clearinghouse" with nRC-0.1nRC = 0.9nRC Example: if the value of 1 ring coin on the market is $ 1 on a date t and the good desired by a customer costs $ 100 on a ring market, 100RC, the customer will go to the clearinghouse of Ring Corporation not with 100RC, but with 100-0.1x100 = 90RC to validate his purchase. Once the clearinghouse will have the customer's guarantee that the vendor Will have the customer's guarantee that the seller has delivered the product to him, he will transfer to the seller $ 100 or 100Rc according to the method of payment desired by the seller. III) Where will $ 10 or 10Rc come from to fund the discount? The system is such that a valid P $ = nRC purchase act (delivery by both parties) automatically triggers a 2nRt issue by smart contract for investors in the ring community. These 2nRt are part of a digital table on the platform, available to investors every hour to make their decisions. The ring company has the duty to buy at half the selling price the issued Example: The validation of the purchase of 100 $ or 100Rc triggers a smart contracted emission of 200Rt registered in a digital table and searchable by investors. If there is one or more investor (s) attracted by this invitation to tender in Ringtoken, it will give to the company Ring Corporation 20Rc and will receive in counterpart 200Rt IV) Investor gain The investor is entitled to a refund in either dollar or Ringcoin of all its stake (in this case the $ 0.1P) according to a schedule provided by the ring company. Also the investor can at any time resell to the company Ringtoken ring issued at half price to obtain an added value. Two scenarios are possible - Ring coin prices are on the market once the investor has bought Ringtokens: since it is paid in dollars, it will not benefit directly from the price spike. But holding ring token that have a fixed value compared to the Ringcoin, the greater value of the investor will gain value. - Ring coin prices are falling on the market. The investor will have won by lending his ring coin since his repayment is fixed. But it will always benefit from a capital gain linked to its capacity to sell ring tokens. V) Vendor Profit Any online seller will have interest in selling on ring market, because by this mechanism of automatic discount, products will be cheaper for consumers than in any online or traditional market. Therefore, this will attract a lot of consumer ring market, which will offer sellers the opportunity to maximize their turnover. Also, any acceptance of ring coin payments will give them ring coin bonuses that will only increase their profits.