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RChain Crypto Coin Rank 408
Website
482,733,161 REV

RChain
RChain
REV Coin Values REV

RChain valuesUSD Price
$ 0.2055

RChain BTC Price
0.00000348

RChain 24h Vol
$ 327,959

RChain Market Cap
$ 99,201,164

24h Vol
6 BTC
1 H
-0.46 %
24 H
-7.18 %
7 d
41.63 %
Today RChain price in US dollars is currently 0.2055 USD, and if converted to Bitcoin is 0.00000348 BTC. A total of 1,680 coin's are currently circulating in the Market. RChain prices are currently experiencing a change of -7.18 %, check all cryptocurrency. Over the past 24 hours 0.003 M US dollars RChain has been traded on Crypto Exchanges. Get RChain's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
RChain
Symbol
REV
Algorithm
ETH Token
BTC Price
0.00000348 BTC
BTC Market
1,680 BTC
BTC 24h Vol
6 BTC
Total Coins Mined
482,733,161 REV
1h
-0.46 %
24h
-7.18 %
7d
41.63 %
Twitter
Facebook
REV Charts

RChain Price Charts

REV High/Low Price Chart

RChain Price High/Low Price Chart

Historical Data

RChain Crypto Technology

Markets

RChain Crypto Market

Description

RChain Crypto ICO Description

Revain is a platform that will leverage the Ethereum blockchain to implement a review mechanism that doesn't require a third-party to be involved. In order to avoid third-party involvement while keeping track of the review's quality, the Revain review mechanism will be composed of two phases. In the first phase, there is a filtering layer that is applied by a machine using AI (RAF & Tone Analyzer utilities), and then a second layer is applied by the company to either decide if the review is accepted or not. This mechanism also allows saving part of a review in an RSS smart contract (Review snapshots storage) making reviews immutable.

The Revain platform, differently from other blockchains will have two tokens, the R token, and the RVN token. The R token will be used to gather funds during the ICO and to exchange it for other cryptocurrencies. On the other hand, the RVN token will be used exclusively inside the Revain platform, to reward users/companies for quality reviews and to penalize those who write unconstructive reviews. A fixed value of 0,0001 Bitcoin is attributed to the RVN token, enabling RVN tokens to be converted for the R tokens within the platform. The conversion is calculated by dividing the actual price of the R token (in BTC) for 0,0001 Bitcoin and then multiplying that value by the number of RVN tokens that a certain user possesses.

Revain recently replaced the smart contract and made an automatic swap from the coin (R) to coin (REV) in the ratio of 1:1 for all existing token holders. For more information regarding the swap, please click here.

Technology

RChain Crypto Technology

Sorry, detailed technology about RChain is not currently available

Features

RChain Crypto Features

Sorry, detailed features about RChain is not currently available

ICO Status

RChain ICO Details

ICO Status
Finished
Token Supply
1000000000
Start Date
2017-08-21
End Date
2017-09-04
Fund Raised (BTC)
8,230,000 USD; 2,108 BTC
Fund Raised (USD)
N/A
Start Price (USD)
0.05
Security Audit Company
N/A
ICO Legal Form
N/A
ICO Jurisdiction
654
Legal Advisers
N/A
White Paper
N/A

A new generation feedback platform, mostly based on the blockchain technology that doesn’t allow to change or delete reviews and its authors get a reward for creating it!

Distribution and usage of proceeds:
55% marketing, 15% R&D, 20% team, 5% infrastructure, 5 indirect


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