(ICO) RiptideCoin (RIPT) - proof of concept for a community currency token
Riptide project itself existed in the alpha phase and the RiptideCoin is proof of concept for a community currency token designed for use around the Medical Marijuana industry. Thus, solving the financial problem that all legal state registered MMJ business have with the traditional banking system. No other industry worth billions per year is without safe access to FDIC banking. This causes a major problem. With no credit cards or banks, the registered state medical Patients and store owners are standing in line at ATM
machines with piles of cash each day. This token project is backed directly by the largest Mobile Medical Marijuana Dispensary in Northern California. Buy and collect Riptide (RIPT) you can help provide more safe access to alternative medicine just by holding on to your shares of RIPT, or exchange them to anyone anytime with no banks needed. Giving or receiving of funds can take place anyplace in the world in 3 seconds. RiptideCoin (RIPT) was originally designed on top of ETH to mirror the groundbreaking Ethereum BLOCKCHAIN PLATFORM for its safety and speed. This ico is the first of its kind to offer such a solution. Our research in the MMj industry shows over 1 billion dollars in cash is exchanged by hand each year with the current average of the Legal Medical and recreational Marijuana (MMJ) industry. This figure is expected to double by 2020. We believe that buying a share of the Riptide now is actually investing in the growth of the LEGAL marijuana infrastructure. This solution will bring change and safety to the current problems associated with massive volume cash transactions. With the Riptide ICO (RIPT) we can all make a difference if we participate in trading it at the fair market value instead of using paper currency. It will soon be available worldwide! Let’s talk a little about the basics of medical marijuana for a clearer understanding.
THE FUNDAMENTALS OF MEDICAL MARIJUANA
The level-headed discussion on the utilization of medical marijuana in the United States has for quite some time been finished. Indeed, marijuana now can be bought lawfully inside 23 states of the US. It is additionally legitimate for marijuana to be utilized for recreational reason in the states of Washington and Colorado. It demonstrates that the medicinal esteem that is joined to the utilization of marijuana far exceeds any negative effects that joins its utilization. Notwithstanding, not every person is persuaded that medical marijuana is something worth being thankful for. There are presently different nations, for example, Australia that are debating on the authorization of marijuana utilize. Here are some of their contentions. Pros: As right on time as 2737 B.C., marijuana has been utilized for treating gout, intestinal sickness and ailment in China. The utilization of marijuana spread all through Asia until the point when it achieves India where it was utilized for torment and stress help. The medical utilization of marijuana soon got the attention of US and European nations.
Marijuana for medical utilize can be taken in a few structures, for example, smoking, vaporizing and ingestion. There are 60 dynamic fixings called cannabinoids found in marijuana that are related to its medicinal abilities. Our body normally produces cannabinoids that are in charge of tweaking the measure of agony that our body is feeling. The primary cannabinoid found in marijuana is the THC which is short for tetrahydrocannabinol. This THC triggers the CB1 receptors found in the cerebrum, the sensory system, and other essential organs of our body. At the point when the CB1 receptors are actuated, they discharge hormones that will control stress and agony caused by harmed tissues or nerve cells. Studies have likewise unRiptideered that medical marijuana decreases muscle fits and different side effects identified with
muscles winding up firm
Another medicinal utilization of marijuana is for empowering the appetites of
patients that experience the ill effects of smothered appetites due to their
medical conditions or treatment. Medical marijuana is recommended to patients
that are experiencing chemotherapy since this treatment will regularly decrease
a patient's appetite.
In spite of the fact that marijuana has been demonstrated to have a great deal of
medicinal advantages, it's a given that its utilization may prompt distinctive
reactions. The THC of marijuana may influence the reasoning and thinking
aptitudes of its clients. A man who is being treated with medical marijuana may
have modified attention and judgment capacities.
In the US, marijuana as a medicinal treatment is just being "suggested" by
specialists since the US government law still forbids the "recommending" of
marijuana. All things considered, a man who wishes to buy medical marijuana
needs a determination from a doctor who will suggest the utilization of medical
marijuana as a treatment for whatever ailment they have.
Marijuana for medical utilize has been turned out to be effective. Be that as it
may, similar to whatever other product, the abusive utilization of the substance
can be averse to a man's wellbeing. The utilization of medical marijuana in
different nations will depend on a nation's conviction system. In any case, the
utilization of medical marijuana must be unequivocally managed.
Riptide, being a new player in the market also adds to the varied types of altcoin
available but with the added function of being able to be utilize in a far more
practical and varied way than most of the other altcoins.
This token project is backed directly by the largest Mobile Medical Marijuana
Dispensary in Northern California. They will continue paying it forward with
other P2P offerings in the future.
You can help provide more safe access to cancer treatment alternatives by
holding your shares or exchangeable to anyone anytime with no governing
Riptides have the same level of technology and security as compared to Bitcoin
and Ethereum. Before bouncing into what Ethereum is, we have to comprehend
what cryptocurrencies are first.
A NEW WAVE OF CRYPTOCURRENCY TO WATCH OUT FOR
Since 2009, when the first Cryptocurrency (Bitcoin) was launched, there has
been numerous other cryptocurrencies on the market and that boom and
corresponding rise in value and utilization will only continue to rise. And in
2017, we will likely see a continued jump and interest of the blockchain and
further maturing of cryptocurrency (not just Bitcoin) as an asset.
Even though bitcoin is the ‘Big Daddy’ of cryptocurrency and accounts for just
under 70% of overall market capitalization today, the altcoin boom predicted
would outpace bitcoin by a wide margin.
Based on the Elliott Wave theory, the prediction posited is that the
cryptocurrency altcoin markets would increase to over $6 billion (bn) in market
capitalization. This has already come true and gone a fair way beyond.
Recently, the crypto space has been seeing an unprecedented bull run across
almost all coins with the bitcoin price climbing up to an all-time high of over
$4500 and it looks like it may go even higher from here. While the Bitcoin price
increase alone is very impressive, many other altcoins such as Ether, XRP etc.
are making even more killings and their prices increased significantly in mere
While this crazy bull run has pushed up the entire cryptocurrency market cap to
more than 50 billion dollars quickly for the first time according to the
coinmarketcap.com, the Bitcoin dominance rate has sharply fallen to the alltime
low now nearing 50%. i.e. It means that altcoins are gaining in market
value, dominance and acceptance. The other week, Barclays’ CEO for personal
and corporate banking, Ashok Vaswani, revealed the lender had opened
discussions with UK regulators about adopting digital currencies. “We have
been talking to a couple of fintechs [financial technology companies] and have
actually gone with the fintechs to the FCA [the Financial Conduct Authority,
the UK regulator] to talk about how we could bring the equivalent of bitcoin,
not necessarily bitcoin, but cryptocurrencies into play,” Vaswani told CNBC at
a conference in Copenhagen, Denmark.
On 19 June, 2017, the International Monetary Fund issued a staff discussion
note stating that banks should consider investing in cryptocurrencies, saying:
“Rapid advances in digital technology are transforming the financial services
landscape, creating opportunities and challenges for consumers, service
providers and regulators alike.”
At root, blockchain technology shows we don’t need a centralized solution for
anything and with that “decentralization”, the implications are huge. The
cryptocurrency economy is free of all government oversight and monitored by a
peer-to-peer Internet protocol. There are now close to 800 digital currencies and
many hold great potential for growth.
Our hands-on research in the industry shows 1 billion dollars in cash is
exchanged by hand each year with the current average of the Legal Medical
Marijuana (MMJ) industry. This figure is expected to double by 2020.
We believe that buying a share of the Riptide now is actually investing in the
growth of the legal marijuana infrastructure. This will bring change and safety
to the current problem with cash transactions.
Giving or receiving of funds can take place anyplace in the world in 3 seconds.
With Riptide (RIPT), we can all make a difference if we participate in trading it
at the fair market value instead of using paper currency. It will soon be available
WHY USE RIPTIDE TOKENS?
Riptide tokens are forms of cryptocurrencies as well. These come with several
advantages such as:
- Access to Everyone: There are approximately 2.2 billion people with
access to the Internet or mobile phones who don't as of now approach
conventional exchange systems. These people are prepared for the
Cryptocurrency market. Kenya's M-PESA system, a mobile phone-based
money transfer and micros financing administration as of late declared a
bitcoin device, with one of every three Kenyans now owning a bitcoin
- Immediate Settlement: Purchasing genuine property normally includes
various outsiders (Lawyers, Notary), postponements, and payment of
fees. From multiple points of view, the bitcoin/cryptocurrency blockchain
resembles a "substantial property rights database," says Gallippi. Bitcoin
contracts can be composed and upheld to dispose of or include outsider
approvals, reference outer actualities, or be finished at a future date or
time for a small amount of the cost and time required to finish
conventional asset transfers.
- Lower Fees: There aren't normally transaction fees for cryptocurrency
exchanges in light of the fact that the mineworkers are remunerated by
the network (Side note: This is the situation for the present). Despite the
fact that there's no bitcoin/cryptocurrency transaction fee, many expect
that most clients will draw in an outsider administration, for example,
Coinbase, making and keeping up their own bitcoin wallets. These
services behave like Paypal improves the situation money or credit card
clients, giving the online exchange system to bitcoin, and all things
considered, they're probably going to charge fees. It's fascinating to take
note of that Paypal does not acknowledge or transfer bitcoins.
- Prevention of Identity Theft: When you give your credit card to a
vendor, you give him or her access to your full credit line, regardless of
the possibility that the transaction is for a little sum. Credit cards work on
a "force" premise, where the store starts the payment and pulls the
assigned sum from your record. Cryptocurrency utilize a "push"
component that enables the cryptocurrency holder to send precisely what
he or she needs to the vendor or beneficiary with no additional data
In order to successfully reach our goal, we have set a series of milestones that
we will need achieve. These are categorized under our Pre-ICO and the main
PRE-ICO AND ICO SALES
There will be a RIPTIDE token pre-sale arranged for a small group of partners.
We are sufficiently funded for continuous development; however successful
RIPTIDE Presale would help us to enlarge the team of engineers and boost
development speed of limited-functionality version of the platform. With extra
funding obtained from successful Pre-ICO, we would be able to kickstart the
main ICO event by Oct 1st.
By disclosing our amazing platform early, we are confident in the extremely
positive outcome of ICO, which will be most beneficial for early contributors.
Besides that, additional funds would help us to run a solid, full-scale
international marketing campaign.
Pre-ICO participants will largely benefit from the early discovery of the Riptide
project, which will provide a fantastic opportunity to purchase Riptide Tokens
at a substantial discount.
Pre-ICO will occur from 24 - 30 September 2017
A special discount will be issued for the limited number of contributors who
managed to discover us early. Only 95,000,000 RIPTS will be issued. A special
discount will be given to the limited number of contributors who managed to
discover us early.
Personal e-mail invitations will be sent to everyone who subscribed via our
landing page at RiptideCoin.com
Pre-ICO shall be executed on first-come, first-served basis. We can’t guarantee
the availability of tokens for all interested participants.
RIPTIDE tokens will appear in contributor’s wallet several days after ICO is
Pre-ICO funds distribution:
- sept 24th 75% buy bonus
- sept 25th 50% buy bonus
- sept 26th 50% buy bonus
- Sept 27th 25% buy bonus
- sept 28th 20% buy bonus
- sept 29th 20% buy bonus
- sept 30th 15% buy bonus and last day of pre-sale
The ICO main sale event will commence on Oct 1st and run through the month
of October to end on Oct 31st, 2017.
The ICO main sale event will commence on Oct 1st and run through the month
of October to end on Oct 31st, 2017.
RiptideCoin ICO has ACTIVATED
All RiptideCoins will be distributed back instantly!
RiptideCoin ICO DEPOSIT ADDRESS:
How to join RiptideCoin sale, and most ICO’s
Like most ICOs today RiptideCoin run’s on top of the Ethereum blockchain through a smart contract that collects Ethereum tokens and automatically exchanges these for a new token presented by the start-up company in this case RiptideCoin! The entire process happens completely P2P without any banks as middlemen. Every ICO has a different pricing mechanism (price decreases, increases, is fixed, non-existent). You can see our exact details on top of the ICO info page.
1. Register with any Cryptocurrency Exchange
To participate in any ICO, you need cryptocurrencies, usually Ether or Bitcoin, For RiptideCoin you will need Ethereum. You cannot participate in an ICO with fiat currency. If you don’t own cryptocurrencies, you will first need to buy some. The simplest and safest way to buy small amounts for the first time is using coinbase. The best way to buy large amounts of Bitcoin is through online exchanges or also with your bank safely on Coinbase.com Most debit card purchase are instant. For larger amounts, you can transfer money from your bank account to your newly created account with Coinbase. Please note that the registration process might need some days due to strict regulation. If you don’t have a bank account there are other options like buying Bitcoin/Ether from an ATM or locally from other people.
2. Exchange Fiat for Bitcoin or Ether
Once you registered an account with an exchange and the money from your bank account has arrived, you could exchange your EUR, USD, etc. for the cryptocurrency you want to buy. This process takes a few seconds. Your cryptocurrencies will be sent to an online wallet offered by the exchange you registered with.
2. Transfer your Coins from the Exchange to a Blockchain Wallet you Control
Another reason for you to move your coins to a wallet which is under your control is the token sale participation. Unless your exchange offers the possibility to participate in a particular ICO with your online wallet, the general rule is not to send funds from an exchange wallet directly to the ICO since you won’t have access to the new token. This means that if you use a random online wallet to participate in an ICO and send money to the ICO address you won’t receive the tokens you bought!
3. Set up your Wallet
Most token sales like RiptideCoin happen on the Ethereum network. Therefore you will need an Ethereum wallet to participate in the token sale. Not every wallet is suitable for all ICOs. The most user-friendly and widely accepted Ethereum wallets are MetaMask and MyEhterWallet. MetaMask is a plugin for the Google Chrome browser. It is not only a wallet but also a lightweight Ethereum devApp browser. MyEtherWallet is a client-side wallet and does not hold your private keys. It also connects with hardware wallets like the Ledger Nano S or Trezor. Our RiptideCoin ICO is suggesting the MetaMask wallet. That is the best-recommended wallet for participation.
MetaMask is an online type of wallet, and we do not recommend storing large values in it. Use it only for the ICO and then you want to move your funds to a more secure place like a hardware wallet or paper wallet. Don’t forget backing up your wallet Key. Store your 12-word seed in a safe place (not in the cloud). After your wallet is properly setup & backed up send Ether from your online exchange account to your MetaMask wallet.
4. Buy ICO Tokens (RiptideCoin)
Before you proceed make sure to read the general terms of the ICO and the token purchase agreement.
Send ETH to the address specified by us above. Or just follow the checkout process we set up for you using MetaMask. If you need to speed up your transactions set a higher gas limit, which is controlled by the MetaMask interface. After you send the transaction there are a couple of scenarios:
#1 The tokens will show up automatically in your ” Tokens” tab in your MetaMask wallet.
#2 You will need to redeem your tokens manually by going into MetaMask, click tokens tab and enter this exact info to see your Riptidecoins waiting for you.
- Token Name: RiptideCoin
- Address: 0xdd007278B667F6bef52fD0a4c23604aA1f96039a (DO NOT SEND ETH TO THIS ADDRESS)
- Symbol: RIPT
- Decimals: 8