CitiOS - R2R Token Model

in #citios5 years ago

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What is R2R Token?

R2R Token is an intermediate exchange or value maintenance function and does not indicate the possession of a company for its service. Dividends will not go to R2R, and direct interests will be paid by the owners of the R2R token. R2R tokens will be released using Smart Contract on the Ethereum blockchain and used on the platform for its services.
The main features of the R2R Token will be as follows. Some of these activities will start in the middle of July at the period scheduled for the ICO / IEO.

  1. Use of the different platform optional services
    • Monitoring Control
    • Camera data control
    • Access
    • Electrical Power Access
    • Virtual truth
  2. Different data exchange and deep data study.
  3. Intelligent Payment.

R2R Token Management Function

The ERC20 foundation token management software must supply R2R Token. Request for CitiOS customers to use R2R tokens for their services provided by the R2R Token management feature.

Case for Token Generation

Sale of tokens is a time when users are permitted to buy R2R tokens, and two kinds of sales exist: private and public sales. Private sales are limited to 30 or fewer purchasers; they are individually purchased. The general buying cycle through the WEB is public purchases. In both cases, the profile of the buyer must be registered.
On ERC20 foundation, R2R Token is going to be created. Participants will be able to access the dedicated website, and the wallet will be unlocked after the end of the KYC.

Through the wallet, participants will buy and get tokens.
There are minimal tokens to be distributed. Tokens are gradually issued on the basis of a certain price and on the basis of the order. Any additional tokens will be issued or promoted once the maximum number of tokens is exceeded.

Cryptocurrency requirement in the form of payments

Electronic payment systems rely on confidence, which is fully controlled by major financial companies and governments. Without the need for a trusted third party, if these processes were based on evidence and not on confidence, there would be online transactions between two willing parties.
Each token economy should be built on entities / parties with the same opinion, intent, and viewpoint. Without a third party, these organizations should be able to connect within their own culture. Third-party transactions are costlier and time-efficient, while instant payments will cost less and take less time and will also generate a new economic value.

Economic change is also occurring. Entities were used to pay for the service or the product, yet at present, entities pay for a particular cryptocurrency based on the value of the economy. R2R Token is the ideal cryptocurrency for this "Value Economy" conversion.

Developed Countries

In developing and emerging countries, the goal in R2R Token and Drug Use will be different. The aim will be wider in developed countries: universities, towns, governments, businesses, individuals, etc. The services also act as an information base for creating a safer society. The R2R token is used to connect with a safe society for the token economy.

Emerging Countries
In emerging countries, because of financial problems, they expect that the target will be smaller compared to developed countries. The objective will be for high-ranking individuals and companies. The devices are also an integrated IoT protection and information network. Tokens are used to communicate within those people as handling/transaction charges compared to wire transfers are minimal.

R2R Emerging Countries token capacity
In emerging countries, currencies are often unstable because of hyperinflation. In most emerging countries, cryptocurrency is less volatile than fiat. In emerging countries, R2R has the potential to become a common currency.


Company Information
Web Link: https://www.citios.io
Linkedin: https://www.linkedin.com/company/citios
ETH: 0x94b5829A519173cCf59007C2Bd3016BBa83a4565
Telegram Chat: https://t.me/CitiOS_Official
Facebook: https://www.facebook.com/citios.io/
Twitter: https://twitter.com/CitiosOfficial
Telegram: @SAPLAKHATUN
Reddit: https://www.reddit.com/r/CitiOS/
Bct User Name: FortuneTreats741
https://www.reddit.com/r/CitiOS/
BCT Profile link: https://bitcointalk.org/index.php?action=profile;u=2287912
Medium: https://medium.com/citios-official