Remuneror

RENTALMILES created the REM to become one of the world’s most liquid and interoperable reward tokens. It is designed to be freely traded for other assets (such as Bitcoin or Ether) on secondary markets, providing it with as much liquidity as possible. In addition, our ecosystem will also offer a primary market where the REM can be traded for rewards in other loyalty programs such as gasoline, air miles, hotel, etc. at flexible rates determined by current market conditions. Through the RentalMiles electronic wallet, users will not only be able to track their loyalty reward points, but they will also have the ability to redeem goods and services across other programs of which they are a member via a “wild card” token in the REM. The advantage of this general purpose coin is its diversified and non-inflationary store of value with respect to all loyalty reward points in their wallets. As a result of this process, consumers are gradually introduced to the growing crypto-economy via a seamless link between traditional loyalty reward commerce and modern crypto assets. Within the RENTALMILES ecosystem, participants’ Rems (rewarded or purchased) will be deposited directly into their RENTALMILES wallets, with reward tracking features across various loyalty programs. Following the conclusion of our cryptocurrency’s presale and ICO, Rems will be available for purchase on third-party exchanges, via transfers between crypto wallets and directly on the RentalMiles platform.