The idea for an e-commerce platform with up to 100 percent cashback has been evolving since 2014, and one of the first steps was to develop a project plan of this vision. With the project plan in hand, the start-up repay.me was founded in December 2015.
A team of meanwhile 35 employees and freelancers has developed and is fine tuning the last details of the repay.me marketplace. International payment provider adyen was selected and integrated into the platform and cashback systems. Agreements were signed with leading international providers in the adtech sector such as OpenX and Adform. At the same time, the expansion of the cooperation with Intershop, Microsoft and azure were accelerated.
The pre-sale of the REME-Coin presumably starts on the 1st of March, 2018. The pre-sale ends on May 15th 2018, followed by the issue of the REME-Coin on June 14th, 2018.
repay.me is planning to pre-launch the marketplace in the second quarter of 2018, opening it up for exclusive user pre-registration (with invite only) and the listing of products.In addition, the REME-Coin will be issued on June 14th, 2018.
The repay.me marketplace MVP is planned for 3rd quarter of 2018. The self-booking platform via Adform will be made accessible to advertisers.
Part of the cashback is paid out in REME-Coins, and products can be purchased on repay.me marketplace with REME-Coins. It is also possible to book advertisements with the REME-Coin. In addition, the legal requirements for the listing and trading of REME-Coin on various renowned stock exchanges will be created, as far as possible. There will be a connection to a marketplace hub and the possibility of automated product adjustment via an API.
repay.me will release its own mobile app with a connection to the Ethereum Blockchain, which functions as a crypto-wallet. Once the legal requirements have been created, this app can be used, for example, in offline shops for purchasing. In addition, further acceptance points for the REME-Coin will be created, supported by the creation of the possibility to pay with REME-Coins via credit card: Cashback is paid for further user activities such as writing reviews and recommendation ads.
repay.me will be driving the internationalization process forward and will open up additional markets. The focus will be put on targeted offline expansion and the acquisition of additional acceptance points for the REME-Coin. In the wake of this, REME-Coin shall be made available as a payment solution for other marketplaces (including payment splitting). Accordingly, the legal requirements for this are created. The repay.me self-booking platform for advertisers, with REME-Coins as payment method, will be released for other shops and marketplaces.