Overview of $RTC, the utility token of Rate That Crypto

The average person who ventures into the Cryptocurrency space might face numerous problems. First, they might have difficulty learning how crypto works and getting conversant with the underlying technology and other market forces that influence crypto prices and overall project success.

Secondly, they may struggle to find something that’s fun and doesn’t feel too high-stakes or anxiety-inducing. There’s always some FUD (Fear, Uncertainty and Doubt) pieces predicting imminent project collapse floating around or a heated philosophical debate between different camps or sub-communities about the direction of innovation, regulation and more.

Thirdly, any newcomer could quickly feel conflicted about how to deploy their time and other resources. They may wonder what’s lucrative in the short- or long-term and how exactly a project achieves profitability. Luckily, these are some of the top issues Rate That Crypto addresses.

So what exactly is Rate That Crypto?

Rate That crypto is a mobile-first platform that enables users to earn crypto through an informative and captivating gaming environment focusing on crypto price prediction. Essentially, players can examine various data points relating to a crypto project and predict a bullish (price increase) or bearish (price decrease) move in a specified timeframe. 

Each prediction is backed by a minimum of 100 points, but users can stake more depending on their confidence level, success strategy and other factors. An incorrect prediction results in a loss of the staked points, while a correct prediction means you’re rewarded the number of points you staked. 

How do participants benefit beyond scoring points?

Players who make correct predictions move up the leaderboard ranks and are rewarded $RTC tokens (Rate That Crypto’s native utility token), depending on the bracket they fall into. More importantly, Rate That Crypto is structuring an economy that makes $RTC the kind of token holders won’t be rushing to liquidate. 

The platform offers advertising space, and a portion of the proceeds will be used to execute $RTC token buy-backs that counter selling pressure. Some proceeds will also go to the prize pool and subsequently distributed to those who stake their $RTC holdings. 

And if you’re still worried about speculative activity and downward price movement, remember that there’s a 4.9% Buy and Sell tax on every $RTC token trade, which is redirected to different purposes like staking, liquidity provision, marketing and the prize pool that pays players. 

Additionally, since the prediction activity generates data on how people view the markets, Rate That Crypto will derive market insights from analyzing this data. Consequently, users can subscribe to this service to make more accurate decisions regarding their on-platform predictions and overall crypto ventures. And as a bonus, those who stake are eligible for more exclusive draws with extra revenue distribution. 

Wrapping Up

All-in-all, Rate That Crypto’s $RTC token underpins an economy that benefits players and others outside the ecosystem. Those outside can create awareness for their brands by exposing them to platform users and also benefit from market analyses. The insiders who actively participate in the game and stake their holdings have direct earnings and perpetuate a cycle that eventually increases the value of their holdings.

Rate That Crypto’s native RTC token is available for purchase via the presale now and is expected to perform really well when it launches on exchanges.

For more information on Rate That Crypto click the links below:

Presale Website – www.ratethatcrypto.com

Twitter – www.twitter.com/ratethatcrypto

Discord – https://discord.gg/hXhNBE5RRy

Telegram – https://t.me/ratethatcrypto

Reddit – www.reddit.com/r/ratethatcrypto/

YouTube – https://studio.youtube.com/channel/UC4q9c9mYjLBPv4FdQM_RiVg

HOW TO BUY RATE THAT CRYPTO (RTC)

NOTE: 

  • USD Coin (USDC) on the Polygon network is required to buy the $RTC presale
  • Ensure that you have a small amount of Polygon (MATIC) to cover gas fees. 
  • MetaMask is highly recommended (either desktop or in-app). However, TrustWallet and Coinbase Wallets are also supported

HOW TO BUY USDC (PoS)

OPTION 1: BUY USDC DIRECTLY

A) IMPORT THE USDC TOKEN

Copy the Polygon USDC token address: 0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174 

In your MetaMask Wallet, Press ‘Import token’ and paste the address.

B) BUY VIA TRANSAK/ MOONPAY USING YOUR CARD

From MetaMask, press Buy and you choose either MoonPay or Transak. You will need to follow their additional steps, likely including KYC depending on your local region

OPTION 2: POLYGON BRIDGE

A) BRIDGE ETHEREUM TOKENS

Go to the Polygon Bridge and select your Ethereum based token that you wish to bridge to Polygon. Ideally USDC, but you can also bridge ETH, MATIC, USDT etc.

*If you bridge Ethereum based USDC to Polygon USDC, you can skip Step 2 and are done!

B) SWAP FOR USDC (IF NEEDED)

Select Polygon Swap on the left pane and enter the token value amount that you wish to swap for Polygon USDC. Approve and Confirm the transaction in your Wallet

HOW TO BUY RTC

A) VISIT RATETHATCRYPTO.COM AND CONNECT YOUR WALLET

Ensure the Polygon Network is selected and then press ‘CONNECT WALLET’

B) ENABLE PERMISSION

Confirm that you allow the contract to access your USDC balance. Don’t worry, no transaction will occur yet

Enter the $USDC amount that you wish to invest. The minimum investment is $10.

C) ENTER AMOUNT

D) APPROVE TRANSACTION

Press ‘Approve Transaction’ and confirm the request in your Wallet when prompted

E) PURCHASE $RTC!

Press ‘Purchase RTC’ and confirm the transaction once more in your Wallet

Disclaimer

Any information written in this press release or sponsored post does not constitute investment advice. Foxperiodical.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Foxperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

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