Reaper Financial

Delivering On The Promise Of Blockchain

Reaper Financial Debt Reaping Beta Update

Aug 17, 2023

Thank you to all of the Reaper holders. Reaper is now beginning traditional method debt reaping test payments with employees. When that test is successfully completed, Reaper will move to traditional method testing with the Beta Test Group. Thank you to those who are part of beta testing.

Aug 13, 2023

Thank you to all the Reaper holders. We have an internal schedule for a Trad Fi roll out of debt reaping that is going well and is right on track, as we continue moving towards our automated debt reaping solution. There’s nothing specific to update right now, but we’ll be sure to post it in Telegram when there is. 

Everyone on the Reaper, Ascension and ARK teams is working day and night to bring all these things forward. We’re so excited for what’s happening. We’ll have the Ascension and Reaper websites updated with the new Ascension Whitepaper v3.0 as soon as we can get to it on the list. Our first ASC vote event is so exciting, as we offer wBTC, wETH and wLTC to be RAINed to tokens.

July 27, 2023

We are currently at a 95% solution to begin our DeFi debt reaping stage.

We have also found a very promising new payment processor and are progressing well with that relationship.

At the same time, we will be implementing a Traditional Finance solution that will enable us to begin debt reaping in the near term as we finish development of the DeFi solution.

July 10, 2023

Our CEO, Patrick Riley, is in negotiations with a number of payment processors and our development team is working full time on back end programming.

Things are moving forward well, and the team is excited about the developments and partnerships.

For those in the Beta: Thank you for being involved. At this time, we’re asking participants to hold tight until the backend for the new payment processors is programmed in. Each processor has a completely different system. We’ll most likely start debt reaping with the U.S, and then continue to add payment processors until we have global coverage.