My Blog About Blockchain: Ricona

INTRODUCTION

The unfortunate recent happenings in the world of cryptocurrency lending platforms has created a dent in investor confidence and the negative sentiments that are floating around are unmissable. There has been an increased urge towards lending platforms to create regulatory-friendly policies that make it more trustworthy for investors. As part of our endeavor to instill confidence in our loyal investors, we are hereby introducing changes in our lending program policies along with some major platform overhauls. These changes are being made to our payment, distribution and coin purchase plans and will empower our investors with flexibility in their transactions with us.

RICONA

RICONA Is based on Peer to Peer decentralized transactions, it brings to the table, the ability to trade in multiple cryptocurrencies as well as earn daily interest in a cryptocurrency of your choice. That can be Bitcoin, Litecoin, Ethereum, BitcoinCash, or RCA .
Our industry-leading online trading platform uses the best-in- class security protocols that allows a glitch-free trading experience and is much faster than most other P2P or banking networks.
The upcoming Ricona Coin ICO is the best way to get a foot in the door before the prices skyrocket. With assured returns on staking and lending program (with optional daily compound interest), the initial investment can be recouped or even doubled in less then 2 months. Investors can use their RCA Coins to buy or exchange with other cryptocurrencies or Fiat currencies.

WHY YOU SHOULD CHOOSE RICONA

Ricona is unlike any other lending platform in existence currently. We have a unique 'Multi Cryptocurrency Switching' technology that allows you to switch your cryptocurrency holding/lending on-the-y.
• In simpler terms, if you are currently holding Bitcoin with us, but in one week, Ethereum is trending and you discover that lending Ethereum offers you better returns than Bitcoin, we allow you to switch your holdings to Ethereum.And all it takes is a couple of clicks. (

• More importantly, we allow you to earn your daily interest in your lent cryptocurrency (not only US$) with daily withdrawal feature.

• There is a maximum supply of 28 Million Ricona Coins, of which, only 9.1 million are available during ICO (4,550,000 Saleable + 4,550,000 Free Bonus at 1:1 Ratio which would be locked for lending purpose)

• No other lending platform offers a 'Lending Maturity Period' as low as 30 days in the entire crypto space. This allows you to withdraw all your investments (Plus your earned interest) in just 30 days. Most other lending platforms have a 90-day lock-in period, which we believe is too high and risky, in the extremely volatile Crypto Space

After ICO you can use Ricona (RCA) to:

• Trade RCA on Internal Exchange

• Lending on Lending Platform (Up to 55% monthly). We offer 2 Lending options.

Floating Interest Plan (45 Days Minimum): This option involves earning from RCA Trading Bot and Volatility Software. You can earn a daily profit based on your investment option. After completion of investment term, you will receive your CAPITAL BACK to take out from the RCA lending platform or optionally reinvest back to get 10% Bonus over and above your daily profit as per your investment plan

Fix Interest Plan (7 Days Minimum): You can earn up to to 3% (as per your investment plan) (check Whitepaper for details)

• Staking RCA (March 25, 2018). You just need to hold your coins in your wallet to earn from this method. Simply mean, anyone holding Ricona Coin in their wallet will receive interest on their balance in return for helping in maintaining security & stability to the system.
TOKEN DETAILS