What is Ritestream (RITE)
Ritestream consists of Launchpad for Film/TV content, a marketplace for Film/TV NFT’s and a consumer app for viewing content and earning RITE Coins.
Ritestream’s vision is to democratise the creator economy can generate revenues in the metaverse and via NFT’s for creators and the community.
The crypto token ritecoin, which is issued off a blockchain, is the heart and soul of ritestream’s digital creator economy.
Blockchain-based NFTs provide digital rights and provable authenticity.
The reasons for building a Film and Television network using blockchain technology include:
- Secure, peer-to-peer transactions
- Proof of authenticity in an immutable digital record
- Fast global payments in real time
- Transparency in digital rights and ownership
- Enables micro licensing
- Creates global crowdfunding mechanisms
Details
IDO (Enjinstarter Launchpad): Mar 06, 2022 – Mar 07, 2022
Pre-sale token supply: 95,000,000 RITE
Token supply: 1,000,000,000 RITE
Total tokens for sale: 105,000,000 RITE
Raised: 2,400,000 USD
Legal
Blockchain Platform: Binance Smart Chain
Registration country: Singapore
Registration year: 2021
Office address: 46 Kim Yam Road, #01-06/07 Singapore, Singapore 239351
Token info
Ticker: RITE
Type: Utility-token
Token price in USD: 1 RITE = 0,04 USD
Accepted currencies: BUSD
Token distribution:
5% – Private sale
1% – Public sale
15% – Team
5% – Liquidity
7,5% – Partnership & Early supporters
6% – Advisors
20% – Viev to Earn & marketing
20% – Treasury
16% – Community+ staking
4,5% – Seed sale
Funds allocation:
16% – Bussines development
16% – Operations
13% – Content Acquisition
13% – Marketing
34% – Tech
8% – Foundraise costs
