A COIN WITH A MISSION
We’re creating a global community
to end online buying & selling of lost / stolen / fake consumer goods,
bringing affordable personal property protection
to billions of under- & un-insured people and businesses world-wide.
THE REJJEECHAIN WILL HELP PEOPLE LIKE YOU PROTECT THEIR VALUABLES
WITH THEIR PHONES – WITHOUT PAYING A MONTHLY INSURANCE PREMIUM –
CREATING AN INSURANCE ALTERNATIVE FOR BILLIONS OF PEOPLE
WHO DON’T WANT TO OR CAN’T AFFORD
ETHEREUM CROWDFUNDING COMING SOON – CONTACT US
SIGNUP NOW & DOWNLOAD THE APP PRIOR TO CLOSE OF THE ICO
AND RECEIVE A 10-PACK OF REJJEECOIN AT NO COST.
DRAFT – ALL INFORMATION HEREIN SUBJECT TO CHANGE WITHOUT NOTICE.
Millions of people every month lose something they value – from a kid’s bike to a laptop to a backpack – and most of these items end up for sale online. According to The Economist, the buying and selling of lost/stolen/fake consumer goods represents a $1.8T annual marketplace. The value of many items falls below typical insurance deductibles, or often people have no insurance at all. We can’t protect every home or office from burglars/thieves, but where most people around the globe own a smartphone we can disrupt the marketplace for stolen goods – both online and at local stores – by converting the RejjeeApp into a blockchain-based personal property protection service so billions of uninsured people world-wide can protect the valuables that are critical to their life and livelihood. In developed economies Rejjee will deliver personal property protection to millions who can’t afford it or whose policies don’t cover many of their valuables; and in emerging economies what micro-lending did for people blocked out of traditional banking Rejjee will do for people blocked out of traditional insurance.
The RejjeeChain will be a decentralized blockchain platform built on Ethereum blockchain and smart contracts. It will allow users to authenticate ownership of consumer products – such as electronics, clothing and fashion accessories, sporting equipment, bicycles, and power tools – at the bulk or individual item level for the purpose of validating transfer of ownership or custody to another party. Applications built on the Rejjee blockchain will allow users to establish ownership at any point in the supply chain providing buyers or transfer agents (wholesalers, distributors, retailers, resellers, etc.) with clear ownership provenance and right to transfer ownership by the seller. Our goal is to help companies and consumers transfer and trade goods with greater surety of a legitimate transaction, thereby reducing the market for lost/stolen and counterfeit goods. Our expertise in the fields of software development, blockchain & cryptography, coupled with actual market experience / knowledge give us the confidence in creating a blockchain that is superior to all existing solutions.
This site documents the successful history of the Rejjee alpha which proved market demand and adoption, components of the Rejjee beta including technical specifications, and plans for global expansion and scaling. It also includes proposed applications that will run on the Rejjee blockchain using Rejjee tokens.
Rejjee was selected as a Microsoft BizSpark Plus partner, and Microsoft has donated hundreds of thousands in secure Azure Cloud hosting in support of the project.
Ethereum Crowdsale Donation link coming soon.
Estimates for the total value of fakes sold worldwide each year go as high as $1.8 trillion.
– The Economist, 2015
We’re issuing a coin with a mission!
Ask yourself, “Is this acceptable?” The annual volume of on-line re-selling of stolen goods is $30.6B in the U.S.A, while the international market for re-selling fake goods is $1.8T!
2M+ people in the US lose something they value every month – from a kid’s bike to a laptop to a backpack…and even tradesmen’s tools, personal electronics and jewelry. Over 12,000 laptops/tablets are stolen/lost from US airports each week! Worse still for these victims are the real-world and cruel realizations that the value of many of these items generally falls below their insurance deductible, or sadly, too many people don’t file a claim anyway in fear that their rates will rise or they will lose coverage. Other victims might even have no insurance because the monthly premium is just plain un-affordable.
Even more offensive is that most stolen items end up for sale online because the bad guys have learned how to make technology work for them.
So what’s out there protecting you now? It’s non-integrated lost & found, terrible brand registration systems that are poorly maintained, online bulletin boards and weekly shopper papers, or even…Craigslist! Then consider how ineffective the range is of a 3v battery-powered ‘tracker’ device is, or worse still, how uneasy you would feel knocking on an unknown door when you see your stolen bicycle on the porch of that apartment.
Smartphones & blockchain come to your rescue. Rejjee is a platform that can cause a deep wound to on-line fencing of stolen goods, and slams the door on the shady international trading in fake/stolen goods on what the world knows as The Silk Road.
Starting in 2015 Rejjee unleashed CrowdFinding to help consumers, police and insurers to up their game. Our greater-Boston-based MVP/market trial tells the story: With little promotion users downloaded the RejjeeApp to document their property, we recovered their stolen items at 10x the US national average, and soon were selected by a national cycling organization as their official registry. Police even posted items that they recovered on Rejjee so they could connect with rightful owners and return valuables! Rejjee even helped a few police departments catch some bike thieves (see video below).
We helped Boston reduce their theft problem, now we’re ready to take on New York City, Philadelphia, Washington, DC, – or even London, New Deli or Berlin. Pick any metropolitan area around the globe, and chances are great that the size of the theft/fake goods market could easily be larger than the GDP of some countries. In tiny and sophisticated Amsterdam officials say that 50% of all bicycles are stolen each year!
The ubiquitous, intelligent weapon of choice to combat global theft is the smartphone, coupled with the RejjeeApp. Moving Rejjee onto blockchain will empower billions of people and public safety professionals world-wide to engage in community CrowdFinding, scour e-Fencing websites for their lost valuables, and with additional personal property protection technologies on our roadmap will make Rejjee the recognized leader. Together we can create the ‘carfax’ for everything, disrupting the online market for stolen goods and an alternative to in-effective traditional insurance.
THE INSURANCE ALTERNATIVE FOR BILLIONS WORLD-WIDE
For billions of people around the world traditional insurance models don’t work; many don’t want to pay a monthly premium and many more just can’t afford it. Even if you have personal property insurance the reality is that more than 80% of the stuff you own cost less than the typical insurance deductible, yet the majority of losses are these very items – so if your losses aren’t covered why pay a monthly premium?
The key to protecting your personal property is making it harder for thieves to re-sell your stuff. The Rejjee ‘crowd-finding’ network recovers lost/stolen property at 10X the US national average, and within minutes it delivers discount replacement offers from leading online and local retailers so you pay less to replace your lost valuables. Rejjee is NOT insurance. It’s a tool for documenting ownership making it harder to for bad actors to trade in stolen goods, either online or in local stores. With your help we can migrating the existing mobile-app and crowd-finding platform into a global personal property protection blockchain delivering a solution for people that traditional corporate insurance companies can’t or won’t service – from New York to New Guinea, Paris to Pretoria, Buenos Ares to San Francisco.
A Northbrook couple and their adult daughter have been arrested for allegedly pulling in $4.2 million on eBay by selling off toys and other merchandise they’d stolen during a 10-year shoplifting odyssey.
– CBS Chicago
You’ve got to think of the theft of smart devices as an economy, and you’ve got to destabilize that economy. You’ve got to disrupt the supply chains.
– Wired, 2014
Public awareness campaign urging riders to register bicycles with Rejjee, a mobile application that helps officers recover stolen property.
Why will the Rejjee blockchain succeed?
1) Demonstrated market traction & results
Rejjee’s MVP has already proven user/market adoption, platform results, and monetization. It is led by international technology experts and business leaders who have created multiple large-scale successful businesses. Once fully operational the plan calls for development of multiple additional applications based on existing proprietary market research.
- 5,000+ users within 18 months
- $10 Customer Acquisition Cost (CAC)
- 300-500K reports per year via Rejjee and OpenAPIs with other platforms
- ~10% penetration of the target market in the launch region of Boston
- Official bike registry of MassBike, MassCommute, NY Bike Coalition, & Florida Bike Assoc.
- Official bike registry USA Cycling with 50,000 active members
- Nation-wide sponsorship of the American Heart Association’s ‘Life is Why’ campaign
- Recovering lost/stolen property at 10X the US national average
- Official bike registry of the MBTA Transit Police
- Close working relationship with Police from Boston, Cambridge, and Quincy
- 300+ US police registered for secure access
- 1,000 + Rejjee ‘smart’ security stickers sold on Amazon; ability to integrate proprietary or third-party GPS trackers and/or ‘find it’ devices
- 9-15% Click Thru Ratio on mobile product replacement advertisements (sustained over 2 years)
- Multiple pilots pending with top 20 P&C insurance providers for revolutionary new, no cost ‘below the deductible’ insurance alternative reducing claims for insurers while delivering great a great customer service solution where providers cannot operate thereby reducing the likelihood of churn
- Integration with state Registry of Motor Vehicles for registering other types of transportation including bikes & scooters (pilot pending 2018)
2. Immediate applications
CONSUMER APPLICATION: The Rejjee MVP/alpha has proven to be the most effective product recovery and replacement platform on the mobile web. It will be converted from a Database structured platform to a blockchain. Users registered before the ICO will receive 10 free RejjeeCoins.
ENTERPRISE APPLICATION: By adding Rejjee Universal Asset Tokens (UAT) at the factory or point-of-sale, if a user reports the item lost on Rejjee, that customer receives a JIT discount replacement offer for the exact make/model (or newer?) from the same manufacturer or store, creating an unparalleled brand loyalty program for manufacturers & retailers. It gives manufacturers & retailers financial incentives that far out weigh any costs associated with use of the RejjeeChain, as well as less-tangible but still highly valued brand loyalty benefits.
MVP / Local Market Trial
2015 – 2017
Ethereum & Bitcoin Crowd Funding
Q 3& 4 2017
US Accredited Investors ONLY
Development & Testing
Q 1 & 2 2018
Target launch date 5/1/18
Q 3 & 4 2018
COMPLETE ICO WHITEPAPER WILL BE PUBLISHED 11/18
NOTICE for investors
REJJEE PLANS TO LAUNCH AN INITIAL COIN OFFERING (ICO) IN 2018. INITIAL COIN OFFERINGS ARE UN-REGULATED HIGH RISK INVESTMENTS. INVESTORS SHOULD BE PREPARED TO LOSE 100% OF THEIR INVESTMENT INCLUDING PRINCIPLE.
The following Investor Alerts have been issued by the Securities and Exchange Commission, the UK Financial Conduct Authority, and other agencies (note additional Alerts & Bulletins may be posted since the publication of this page).
- SEC Are you an Accredited Investor – 9/23/2013
- SEC Investor Bulletin: Initial Coin Offerings – 7/25/17
- SEC to regulate Bitcoin and Friends – 8/17/2017 Seeking Alpha
- UK FCA Discussion Paper on distributed ledger technology – 5/2017
- SEC Investor Bulletin: Public Companies Making ICO-Related Claims
- SEC Press Release: SEC Announces Enforcement Initiatives to Combat Cyber-Based Threats and Protect Retail Investors
- UK FCA: Consumer warning about the risks of Initial Coin Offerings (‘ICOs’)
- Canadian Securities Administration: CSA Staff Notice 46-307 Cryptocurrency Offerings
- Monetary Authority of Singapore: Consumer Advisory on Investment Schemes Involving Digital Tokens (Including Virtual Currencies)
- SEC Investing in an Initial Public Offering (IPO)
All investments in any startup company are high risk – purchasers of Rejjee UATs or RejjeeCoin should be prepared to lose 100% of their investment including principle.
Past performance is no guarantee of future results.
Rejjee is a startup company incorporated as a Delaware C Corp. It has been successfully operating for more than three years, often in partnership with local and state law enforcement. This mission of the RejjeeChain is to disrupt the online supply chain for lost/stolen/fake goods as a service to consumers world-wide. Our advisory board includes one of the leading experts in cryptocurrency crime. All data points and results herein can be easily verified. All members of the team are real people with LinkedIn profile links provided. This token offering is designed to provide Rejjee with the funds needed to expand its reach and revenue capture capabilities, not create or launch a new idea.