Intern level information

Level

Details

Starter

Starter Level is the qualification level. This is learning stage and will lead to award of certificates to those who clear this level. In general we do not want to pay at this at level because money changes motivations. And we want to identify most passionate interns at their level, who would love their work even if no monetary consideration is involved

Motivated

Motivated is one time rewards stage. The complexity of projects will increase in this stage. If projects are successfully completed, then one time rewards will be given. All this will be known before hand. Project details, acceptance criteria, and amounts will be notified in advance to interns.

Passionate

Passionate is the first regular fixed stipend stage. The projects complexity will increase still further. This will be full scale commercial grade project. if 3 such projects are completed then one of the criteria to move into self driven stage will be met. Now we are looking for interns who in addition to being passionate are self driven, and can independently take on and complete full projects without day to day supervision.

Self Driven

Self Driven interns is the stage where are we are considering interns for permanent employment with Ranchi Mall. The internship stipends will be higher. Some of self driven interns will be guide interns in other levels. The key criteria is ability of complete jobs with high quality, and them taking self initiative.

Internship Blockchain Contract

Internship Blockchain Contract tokenizes all our internship initiatives. This is ownedby Incorporation Blockchain Contract.

Rooms

Meet our interns

Projects

Please refer to the whitepaper here for detailed terms. RanchiMall Initial Coin Offering (ICO) abides by the terms we offered in our ICO whitepaper available at link above. We have made certain changes in our terms as our learning has improved. All these changes are to support the interests of our long term investors.

Summary of changes over white paper

  1. RanchiMall Tokens (RMT) now own the financial gains emerging from all our blockchain contracts

  2. RanchiMall FZE has been withdrawn as an asset in view of high holding costs

  3. Number of phase have been paused at 2 instead of 14 as initially envisioned

  4. Number of RMTs tokens in circulation has been paused to 10000 instead of a release schedule of 21 million in 3 years. The un-issued tokens will stay vested with the Founder of RanchiMall.

  5. The price discovery during active phase has been USD 1500 per token giving RMTs in circulation a valuation of 150 million USD. Unless this price is realised in open makets on sustainable basis, new tokens will not be put in circulation.