Buy ritestream (RITE)
What is ritestream?
Ritestream is an ecosystem platform designed for the creation, monetisation, and consumption of film and TV content within the realms of Web2 and Web3. It includes a Launchpad for Film/TV content, a marketplace for Film/TV NFTs, and a consumer app for viewing content while earning RITE coins. The platform operates on the Binance Coin blockchain .
How does ritestream work?
Ritestream operates on the Binance Smart Chain and employs a Proof of Staked Authority (PoSA) consensus mechanism which combines elements of Proof of Stake and Proof of Authority. This offers efficient transaction times and reduced fees. The RITE token, based on the modified ERC-20 standard for Binance Smart Chain, is used for transactions within the ecosystem. The platform features functionalities like minting, burning, and transferring tokens .
What are the potential use cases for ritestream?
Ritestream aims to revolutionise the film and TV industry through various applications:
- Film and TV Content Creation: Facilitating NFT creation and crowdfunding for film and TV projects.
- Streaming and Content Consumption: Allowing users to watch and engage with content using RITE tokens.
- Community Engagement: Users can participate in voting and feedback processes, earning tokens for contributions.
- Metaverse and Virtual Cinemas: Operating cinemas within the metaverse for unique viewing experiences.
- Web3 Reality TV: Introducing innovative formats like Cryptoknights .
What is the history of ritestream?
Ritestream was founded by Riaz Mehta and Damian Miles. The platform launched its mainnet on March 24, 2022, focusing on areas like crowdfunding via a Launchpad, a streaming platform for decentralized entertainment, and an NFT marketplace for film and TV content. It aims to democratise content production by involving community participation and revenue sharing. The RITE token, crucial for platform transactions, is listed on multiple exchanges, enhancing its market presence .
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Frequently Asked Questions (FAQs)
What is the current price of ritestream (RITE)?
The ritestream price is $0.01557406 AUD, representing a -2.94% from the day prior.
Where is the best place to buy ritestream (RITE) in Australia?
The best place to buy ritestream (RITE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell ritestream (RITE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of ritestream (RITE)?
The trading volume of ritestream (RITE) is $596.3K AUD in the last 24hrs, representing a -2.94% from the day prior.
How can I buy ritestream (RITE)?
ritestream (RITE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of ritestream (RITE)?
The current market cap of ritestream (RITE) is $2.7M AUD.
Can I convert ritestream (RITE) to cash?
Yes - With Coinstash you can convert your ritestream (RITE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many ritestream (RITE) are there?
The current circulating supply of ritestream (RITE) is 181.9M.
Is Coinstash a safe place to buy ritestream (RITE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling ritestream (RITE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.