Cape Coral, FL, March 15, 2023 (GLOBE NEWSWIRE) — Social media is a game-changer and so is the crypto business. There isn’t any denying that both these sectors maintain unparalleled strength to revolutionize the world to its very core. R33LZ is a blockchain challenge that amalgamates these two promising sectors collectively in the hope of harnessing their energy to offer alluring returns to everyday customers.
R33LZ is labored up to announce that it shall be launching its short-video social media app on March 15, 2023. The utility might be out there for obtain on both Google Play and Apple App Stores.
What Is R33LZ?
R33LZ may be finest defined as a counterpart or equivalent of the well-known ‘TikTok’ app, except that is built on blockchain know-how. Having its foundations put up on blockchain provides R33LZ a great edge over conventional social media and networking apps.
R33LZ began off using 4 NFTs of ‘a KID called BEAST’. The group behind the challenge used the IP of those NFTs for laying down the inspiration.
What Makes R33LZ Better Than Other Traditional Social Networking Apps?
The idea of getting paid to relax and watch entertaining videos sounds pretty relishing. That’s what R33LZ is all about.
Traditional social networking apps allow content creators to monetize their content material and earn money. They deserve some credit for the amount of hard work that they have a tendency to place in. However, there could be nothing in there for the viewers. That’s where R33LZ is out there in.
The challenge provides earning opportunities for each, content material creators as well as viewers. Creators can monetize their content similarly to the greatest way it’s accomplished on conventional apps while users receive rewards for the quantity of time that they spend using the app. The amount of reward and incentives obtained is proportional to time spent on the app.
Earning Opportunities for Users
For every exercise on the platform, customers are rewarded with points. These points can be exchanged for various alluring presents. The firm has a R33WARD retailer the place customers can redeem their factors to get their palms on superb stuff similar to tablets, laptops, headphones, Amazon reward cards, gaming consoles, and different digital units.
Minimal Censorship
The originality of content plays a significant position in figuring out the user expertise. R33LZ understands that the extra real the content material the higher the person experience. To achieve this end, the challenge doesn’t prohibit or censor any kind of content, thereby promoting freedom of speech and expression. Users need not worry about being judged.
Deflationary Token
A great approach to boost the price of any token is by responding to the growing demand for the token with the restriction of its provide. This in turn may be attained via burning. R33LZ tokens are burnt every time an trade is made in the R33WARD store.
Where Does The Money Come From?
Before placing cash into an asset, an investor digs deep into the corporate’s economics. An essential facet that each investor considers is the income. R33LZ obtains income from promoting. The income generated supports the platform’s ecosystem.
Tokenomics
The R33LZ token has a complete supply of 1,000,000 tokens, which is further divided within the following method:
- 20.4% for rewards
- 10% for staking
- 10% for the team
- 5% for exchanges
- 5% for advertising
An Adept Team
Every place within the challenge is occupied by expert individuals who have years of expertise in distinguished initiatives. Alvin Nicholas, the CEO, for instance, has made $25 million in gross sales on Amazon.
The growth staff includes competent figures which have played great a job in many famend projects.
Partnerships
Having connections within the crypto sphere is very essential. No venture to date has managed to thrive without connections. R33LZ has signed offers with advertising specialists like Crypto Kid Finance and others to help them embark on the best track.
The challenge has additional chosen 3 nice social media personalities as R33LZ ambassadors. Visit the project’s web site to see all of the partners and ambassadors.
Final Words
R33LZ will very quickly exchange TikTok because the main alternative of individuals for viewing entertaining short reels.
Furthermore, potential traders and cryptocurrency lovers thinking about R33LZ can go to the project’s official web site or try their social platforms for more particulars.
Website | Twitter | Telegram | Instagram | TikTok | YouTube
Disclaimer:
The info supplied on this release isn’t funding recommendation, monetary advice, or buying and selling recommendation. It is beneficial that you just apply due diligence (including session with knowledgeable monetary advisor) before investing or buying and selling securities and cryptocurrency.
