RayCoin token is the native token of the RayCoin Global platform which is a Blockchain financial platform that enables and supports investors in lending and stacking Crypto assets without the interference of a middleman.
The token is currently being sold on:
- Token name – RayCoin
- FTMscan Symbol – $RAYS
- Total supply – 36,666,666
- Token burnt – <1%
- Token type – FRC20
Characteristics of the token
- It is Limited in supply – RayCoin Global tokens have a limited and pre-determined supply of 36,666,666 that is coded into its underlying algorithm when it is created.
- It is Pseudonymous – The user’s details are protected during transactions, only the wallet’s public address is exposed to other users.
- Its transactions are irreversible – the other word for irreversible is immutable which essentially means that they cannot be undone. That is why you have to be very careful when operating in the Crypto sphere to avoid losing your money carelessly.
- It is decentralized – It is decentralized on a distributed network of computers that are spread across the world. There is no central authority and each transaction has to be verified by every node in the network.
Possible use cases
Being that it is a new token, the use cases are entirely up to the people who have bought the token. However, a few of its possible uses could include:
- Payment for day to day transactions
- Automatic payment of recurring transactions such as rent, subscriptions, salary, tax, and loan payment.
- Immigrants sending remittances to their families abroad at low transaction fees.
- Protection from crashes, fluctuation, and inflation of local currencies
- Cryptocurrency trading and staking on exchanges to earn passive income
- To increase liquidity in the Cryptocurrency market
- Donating to charities
- Microfinance lending platforms
- Wealth management
About RayCoin Global platform
Ray coin Global is a disruptive platform that uses Blockchain for the greater good of humanity. They give people from all over the world an opportunity to create a life for themselves. The main purpose of the Ray Coin platform is to build a better tomorrow through easier finance, borderless opportunities, and a strong community.
The platform is not just a scheme for the creators to get rich overnight or just another random coin to add to the long list of cryptocurrencies. The platform has a cause worth fighting for, probably the most profound cause among most recent Blockchain projects.
The RayCoin Global platform was created for everybody. Do you have a craft or skill that you have perfected and are wondering how to monetize it? It doesn’t even have to be perfect, RayCoin Global gives you a safe space to perfect your skill. With this platform, your craft is all you need for a brighter financial future.
Example of crafts you can leverage
What you need to get started
Getting started on RayCoin global is extremely simple; all you need is a mobile device and an internet connection.
- Visit RayCoin Global Official website
- Download a secure wallet for your RayCoin token
- Purchase the token from your platform of choice
- Start selling and buying craft in exchange for the token
Literally that simple…
Article written and researched by: Maurice K.