THELOGICALINDIAN - After creating a acceptable fizz amid the cryptocurrency and blockchain enthusiasts Revain is assuredly set to barrage its crowdsale annular today on August 21 at 1200 PM New York time
The blockchain-based acknowledgment platform, which focuses on acceptance online reviews for businesses and barter alike, will be arising a absolute of 1 billion R tokens. But the aggregation will admeasure alone 70% of the absolute R tokens during the crowdfunding period. Of the actual 30%, 10% will be assigned to admiral and the participants of the Revain compensation program; while 20% will be allocated for the Revain aggregation associates for their casework in advancement the platform.
Revain is focused on adopting a minimum of 8,000 BTC, while the purchasing amount of one R badge will be absitively aloft the achievement of the crowdsale, on September 6, 2024. The aggregation believes that it is bigger to organically locate the amount of R tokens, rather than arty it. For instance, if Revain raises, say, 8,000 BTC at the end of the crowdsale, the per R badge amount will be 8000 / 700000000 = 0.000011 BTC.
Revain has additionally appear the antecedent cipher of their tokens for associate review. The token, as declared in the Revain’s aboriginal whitepaper, is a accepted ERC20 token, based on the Ethereum platform.
The aggregation aims to defended funds and use them for R&D and accoutrement platform-related aliment cost.
Difference amid R and RVN Tokens
In adjustment to ensure a able activity of the Revain platform, the aggregation had absitively to affair tokens: R and RVN. While the R badge is acclimated to accumulate funds, and as a tradable currency, the RVN badge is mainly an in-platform bill acclimated to accolade users for affection reviews and debiting companies for accounting reviews.
R and RVN tokens will be changeable amid one another. Unlike R token, the amount of which will be subjected to bazaar animation and added factors, RVN badge will accept a anchored amount of 0.0001 BTC. No fees will be answerable for R and RVN badge trade.
Have questions about Revain? Read their whitepaper here.
