RITE Coin

What is RITE and how Does It Work?

The RITE token is used in the ritestream platform, a system tailored to the creator economy in film and television. Riaz Mehta, the founder of Imagine TV and an International Emmy Award nominee, and Damian Miles, an entrepreneur with a quarter of a century of experience in the broadcast media industry, spearheaded this initiative. The ritestream platform features the ability to provide real-time video content streaming, working to manage transactions and rights by way of the blockchain system. Notably, ritestream also serves as an avenue for digital asset transactions within the entertainment industry, accommodating cross-chain NFT transactions through its associations with Ethereum and Binance. Ritestream’s token even comes into play in the platform’s dual payment system, suitable for both ordinary token holders and fractional owners, as well as its capability for governance voting and utilization within the platform itself. Further, ritestream exemplifies its expansive reach by facilitating ideation and content distribution globally for creators. A novel aspect of ritestream remains its incorporation of a decentralized token marketplace for film and television content, paired up with a system designed to assist creators in funding projects. Blockchain standards such as the ERC-1155 are used for the generation of NFTs for the ritestream platform, with Ethereum or Solana-style blockchains used to augment processing and to establish smart contracts for licensing content and streamers. Thanks to the utilization of blockchain and token smart contracts, ritestream can provide automation and auditability promptly. The platform operates with a focus on four primary elements: a launchpad for film/TV projects, a dedicated app for content viewing, a token market and a B2B platform tailored to the needs of film and TV distribution. Additionally, the micro-licensing services offered by the ritestream platform pave the way for additional earning possibilities for creators.

The Vision and Mission Behind RITE

RITE token employs a multi-chain infrastructure to boost its efficiency and scalability capabilities. As a utility token, it offers varied functionality across a selection of sectors. Users could discover specialized amenities within DeFi ecosystems, NFT platforms, and gaming platforms, including rewards, bonus features, and unique rights. The design of the RITE token embodies a community-centric approach with the ambition of encouraging value creation and distribution among its users. Additionally, it functions to foster an energy-efficient process, thereby mitigating its environmental impact.

How to Buy and Store RITE?

To purchase RITE, Flooz.xyz offers a streamlined process that serves as a one-stop solution for all your token buying needs. With Flooz.xyz, you can trade RITE directly, without the need to own a wallet. It's as simple as tap, tap, go! All payment methods are supported, ensuring a hassle-free checkout experience. Furthermore, using Flooz self-custodial web wallet, you can seamlessly store, send, and receive RITE tokens. Creating a self-custodial wallet is quick and easy, requiring only your email, Google, or Apple ID. This feature, coupled with the power of cryptography, ensures that you have full control over your funds at all times. Plus, Flooz.xyz aggregates over 50+ providers to ensure you access the fastest and cheapest payment routes for your RITE trades. It's no wonder that over 85,000 active traders have been captivated by the seamless and optimized trading experience on Flooz.xyz.

RITE Metrics:

• Current price: $0⁴219

• Market cap: $21.94 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0