Rally Price (RLY)

Rally (RLY) Token Price Now

Rally price today is $0.00321 with a 24-hour trading volume of $11,721,052. RLY price is down -24.89% in the last 24 hours. It has a circulating supply of 5.68Bil RLY tokens and a max supply of 15Bil.
In order to search for real-time and historical information about Rally (RLY) blockchain, including data related to blocks, transactions, addresses, and more, you may use Rally (RLY) block explorers. Here are some of the most popular and useful Rally (RLY) blockchain explorers out there:

• etherscan.io

What is Rally(RLY)?

Founded in 2016, Rally is an open network for digital creators, crypto influencers, brands and, celebrities to build tokenized communities. It provides creators with tools to build virtual economies that extend their brands while also providing community benefits and new economic incentives for fans to engage with their favorite creators.

They have worked closely with creators (YouTubers, Tik-Tokers, Twitch streamers, and more)and built communities and content on multiple platforms to understand their goals, aspirations, and current challenges.

They will be applying Rally crypto's core ethos of decentralization, self-sovereignty, and a token-economic model that will offer creators new opportunities to engage with their fans while earning new monetization streams to lessen their dependence on any individual social media platform. With the above application, they aim to solve the significant issues that creators face, including a lack of control in their fan relationships, bad economics, and erratic policy changes.

With Rally, creators will be able to issue their own fully customizable, branded cryptocurrency called Creator Coins that represents their unique digital brand to provide value and utility to their fans. Creators will then have access to an easy-to-use blockchain toolkit powered by Creator Coins that enables them to create scarce collectibles and content, loyalty programs, and a healthy tokenized economy.

Most importantly, Rally will enable every creator to build a business model that will transcend any specific big-tech platform.

In a word, Rally is building a Creator-driven network: open-sourced technology with community-first: economics, ownership, and governance.

What are the Features of Rally(RLY) Token?

RLY is the Rally Network ERC-20 governance token. RLY will unlock multiple benefits for the community:

• Governance rights over the Rally Network--Vote.
• The ability to actively participate in Rally Network 
• Reward community members for contributing to the network.
• Creators can convert creator coins into RLY.

Who Are the Founders of Rally(RLY)?

Rally is founded by Kevin Chou. He is a new blockchain venture seed funded by a16z Crypto, Coinbase Ventures, 1confirmation, Kenetic Capital, Twitch founders, Cultural Leadership Fund, and several leading blockchain community members. Prior, Kevin was the founding CEO of Forte. Currently, Kevin serves as the Chairman of Gen.G, a new esports enterprise bridging Asia and North America.

He's been honored by Fortune in 40 under 40, CNN in Smartest People in Tech, and Business Insider's Silicon Valley Top 100. In 2019, Kevin was honored as UC Berkeley's Alumnus of the Year. Kevin Chou graduated magna cum laude from the UC Berkeley undergraduate Haas School of Business program. He serves on the Board of Trustees at UC Berkeley.

What are Creator Coins?

Creator Coins are social tokens that are a fully customizable, branded cryptocurrency unique to the individual creator.

What is the Relationship Between Creator Coin and RLY Token?

Creator Coin is minted (aka validated as legitimate in the blockchain) and a certain amount of $RLY is embedded in every Creator Coin giving it a real monetary value.

What Can a Creator do with Their Coin?

An easy way to think about use cases is to evaluate what activities you and your community are currently engaging in that involve traditional forms of payment/rewards/donation and replace that with Creator Coin. Creators get to use their imagination to think of new ways to engage and reward their communities and are not bound by the limitations of any one platform, as Creator Coin works across all platforms.

How do Creators Make Money from Creator Coin?

The goal of Creator Coins is to enable creators to unlock an economy around their community and to tap into new methods of monetization that work across multiple platforms. Not only does it create an engaged community who can tip with Creator Coin and spend Creator Coin to get exclusive access to content, special access, events, and merch, but it enables creators to monetize without paying high platform fees. It’s not just about making money, but also building a loyal fanbase and rewarding them for their support.

Creators and their community also are able to earn weekly network community rewards in the form of $RLY when your coin economy is highly engaged.

Creators and their community can convert Creator Coin into $RLY, USDC, and/or "bridge" Creator Coin (in the form of $RLY) into their Ethereum wallet.

What are the Benefits of Creator Coin to Fans?

Creator Coin allows fans to be a direct part of a creator’s community by owning a piece of their economy and allows them to grow together with their favorite creators. By having, holding, tipping, and transacting with the coins, fans show their loyalty and support to creators and get exclusive access and premium benefits the creator offers. Creator Coin is also not limited by the creator to fan or fan to the creator. Fans can also interact, engage and reward one another with fan-to-fan transactions.

Where Can You Buy Rally(RLY) Token Token?

Huobi Global will list Rally(RLY) on Sept. 1, 2021, in the sector of Huobi New. It is also available in Coinbase Exchange, ZT, KuCoin, Gate.io, and Crypto.com Exchange.

Rally (RLY) Community

• Twitter: https://twitter.com/Rally_IO
• Medium: https://medium.com/rallynetwork

What is Rally (RLY) Contracts address?

• Ethereum: 0xf1f955016ecbcd7321c7266bccfb96c68ea5e49b