About Us
Understand how Riptide Coin and our software can make a breakthrough in MMJ trading.
It is a FinTech digital currency aimed at giving you all the keys to absolute control over your money.
Riptidecoin software and RIPT are community projects that started from within the Licensed Medical and Recreational Marijuana Industry back in 2016. The project, spearheaded by the P2P Organization was started out of necessity in lack of safe banking methods available to business owners and patients.
Whitepaper
Riptide System itself exist in the beta phase and the RiptideCoin is a 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. This has caused a major problem we want you to help us fix. No other industry worth billions per year is without safe access to FDIC banking.
Smart contracts
When completely understood RiptideCoin would be viewed as one of Ethereum’s user-friendly adaptions.
Security for client and company
Used for safe exchange in high-risk occupations instead of cash.
P2P Exchange
The Coin itself can have multiparty uses including exchanging with others.
Trackable transaction history
The system is designed to provide accountable options for its transactions and could be traceable on programs like Quick Books bookkeeping software and others.
Increase community
With our active system, we can increase the number of satisfied customers and reduce payment bureaucracy.
Bank solution
Proposed for solving banking problems in a billion dollar industry which can in a general sense, make safer how people do business in high-risk occupations.
RIPT Initial Coin Offering
Riptide Coin
Token price:
0.10 = 1
Total supply:
95,000,000 RIPT
Technology:
Ethereum
RIPT RiptideCoin is offered as a community currency for use in high-risk occupations instead of cash.
Distribution for remaining RIPT
- Sale To Public 6,605,668 35
- Medical Dispensaries 3,774,668 20
- Founders 2,831,001 15
- Dev Team Contributors 2,831,001 15
- Business Partners 1,887,334 10
- Bounty 943,667 5 Total existing coins to be allocated 19.87% or 18,873,339
95,000,000 RIPT total. 80% or 76,000,000 ript Pre-sale /Burn down. 0.13% or 126,661 ript currently in circulation.
Comparison Chart - Cryptocurrency Market Capitalizations
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General | ||||
General | ||||
Total Supply | ||||
Total Supply | 19 Million | 21 Million | Uncapped | 100 Billion |
Mkt Circulation | ||||
Mkt Circulation | 126,661 | 16 Million | 98 Million | 39 Billion |
Current Mkt Cap | ||||
Current Mkt Cap | $1,900,000 | $120 Billion | $38 Billion | $19 Billion |
Performance | ||||
Performance | ||||
Transactions per second | ||||
Transactions per second | 20 | 8-10 | 20 | 1,500 |
Scalability | ||||
Scalability | State Channels | Lightning Network and SegWit | State Channels | Trusted Validators and Interledger Protocol |
Security | ||||
Security | ||||
Consensus Mechanism | ||||
Consensus Mechanism | POW | POW | POW | RTXP |
Encryption | ||||
Encryption | ETHash | SHA-256 | ETHash | SHA-256 |
51% Attack Proof | ||||
51% Attack Proof | ✕ | ✕ | ✕ | ✕ |
DDoS Attack Resistant | ||||
DDoS Attack Resistant | ✕ | ✕ | ✕ | ✕ |
Platform | ||||
Platform | ||||
DApps | ||||
DApps | In Production | ✕ | ✔ | ✔ |
DApps Languages | ||||
DApps Languages | Solidity/JSON | None | Solidity | None |
DEX Support | ||||
DEX Support | ✔ | ✕ | ✕ | ✔ |
ICO Support | ||||
ICO Support | ✔ | ✕ | ✔ | ✕ |
Instant Messaging | ||||
Instant Messaging | ✔ | ✕ | ✕ | ✕ |
Roadmap
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January 2016Conception private development of ruff/beta RIPT software app.
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January 2017Private fundraising with partners in the medical marijuana industry.
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March 2017Created asset on WAVES blockchain named "riptide1.0" intended for eraly fundraising (Not exchangeable with RIPT Riptidecoin).
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August 2017Creation of riptide coin on the Ethereum ETH blockchain giving RIPT the versatility safety and speed it needed.
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September 2017The launch of ripidecoin.com and white paper available online.
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September 9 2017Launched "riptidecoin" RIPT on the Ethereum network registered.
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September 24 2017Seven-day pre-sale contract went public with the descending bonuses every 24 hours starting at 75% bonus.
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October 1ST - 31ST 2017Main ICO.
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October 2017Partnered with ImToken to create a free mobile android wallet for users. Partnered with Prowallet to create a free mobile Wallet for IOS users.
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November 1ST 2017Officially listed on EtherDelta.com exchange.
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December 2017The private beta for developing riptide software. Dev team began work on the platform for a future marketplace for RiptideCoin and Alt-coins.
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January 2018Added price charts and live tracking to cryptocompare index and the world coin index. AirDrop of over 16.000ript to 3.500 lucky participants.
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April 20 2018Start sales of Riptide Coin
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June 3 2018End at Riptide Coin sales
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October 1 2018Begin the D-app development process for the completed Riptide software.
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November 2018The launch of FastBitCash.com marketplace for selling your stuff to friends around the world for RIPT, ETH and altcoins.
Frequently Asked Questions
We want to clarify the Riptide Coin project to the maximum, our team is at your disposal to assist you.
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What is RIPTSOFT?
RIPTSOFT itself exist in the beta phase and RiptideCoin is a community token designed for use in the Medical Marijuana industry. It will provide seamless integration of sales, inventory, and patient data stored safely on the blockchain. Thus solving the financial problem that all legal state registered MMJ business have with the traditional banking system.
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What makes us different from other marijuana teamed coins?
We started from inside the industry working with the patients as well as retail and medical company's. Patients form a community. Our focus was for the patients safety in the marketplace as a whole.
- How do i buy RIPT?
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Why did you burn so many coins?
We hoped for a better pre-sale, so we offered a majority of the coins to the public as this is intended to be a publicly funded project. The coins not sold still remain burned from circulation and are locked into our first smart contract. This contract ended October 31st 2017. Link to contract on etherscan: Click here
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Now that RiptideCoin is in circulation can we now complete the project?
Not yet but with your help we can make this project meet its goals through successful fundraising.
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I'm a fully licensed MMJ dispensary. How do we accept RIPT?
Many options are available Contact [email protected]
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Why don't we see the price on coinmarketcap or etherscan?
Our dev team is in constant contact. CMC has the 50K trade 24hr volume Limit for coins 1st listing. Soon as we gain a large vol exchange all our members traded will skyrocket us!
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What is the token address for (RIPT) RiptideCoin?
0xdd007278B667F6bef52fD0a4c23604aA1f96039a
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Want to ask a Question?
Email: [email protected] or join us in Telegram Click here
Our Team
Meet our team that is working behind Riptide Coin.
James Seguine
CreatorThomas Nsikakabasi
Software EngineerJeffrey D. Sutton
Lead DeveloperFelipe Aquino
Web DeveloperRellan Gamayo
Lead ModeratorBrett Scholer
Analyst, Development SecurityComments
If you liked the project and would like to leave a comment, this is your time.
If you are interested in joining the project and can contribute a skillset or wanted to list our currency on your website contact us.