Market Rank | #2384 |
---|---|
Market Cap | $ 4.1M |
Volume 24h | $ 66.2K |
Circ. Supply | 4.5M |
Total Supply | 4.5M |
Max Supply | 34.0M |
As of the latest data, the price of Receive Access Ecosystem (RAE) is $ 0.91094400. It's important to note that cryptocurrency prices are highly volatile and can change rapidly.
Receive Access Ecosystem, or RAE, is a unique cryptocurrency and digital ecosystem designed to address challenges in the content monetization space. It aims to create a more equitable model for content creators, publishers, and consumers, by realigning the economic incentives of the digital content industry.
The founders and team behind RAE are not specified here. Typically, a cryptocurrency's development team consists of developers, entrepreneurs, and in some cases, industry experts who are keen on creating solutions to particular market problems.
RAE works by altering the traditional content monetization models which often favor platforms over content creators. Through its ecosystem, RAE seeks to redistribute value to content creators and consumers by minimizing the cut taken by intermediary platforms. This is often done by leveraging blockchain technology to enable more direct transactions and interactions.
The uniqueness of Receive Access Ecosystem comes from its mission to reform content monetization. It's particularly focused on rewarding creators and consumers fairly, which distinguishes it from other tokens that function primarily as currencies or stores of value. RAE attempts to tackle the imbalance in the current digital content space, where a large portion of revenue goes to the platforms hosting the content, rather than to the creators themselves.
While specific details about the security protocols of RAE are not provided, it can be generally said that most cryptocurrencies utilize cryptographic methods such as proof-of-work or proof-of-stake algorithms to secure their network. They may also have additional security measures and community-based governance to address vulnerabilities and upgrades.
The circulating supply of Receive Access Ecosystem (RAE) tokens is 4.5M, and this is a key metric in understanding its market dynamics. The total supply available is 4.5M. It's essential to differentiate between circulating supply — tokens that are in the public's hands — and total supply, which includes all tokens created, even those that may not be released yet.
RAE's role in content monetization is to facilitate a more direct, fair payment model for content creators. It uses blockchain technology to enable creators to receive more of the revenue generated from their work, as opposed to having a significant portion taken by the platforms on which their content is hosted.
Technological upgrades in the Receive Access Ecosystem are likely managed by its development team. Typically, updates to a cryptocurrency's protocol or features are implemented via various methods, including soft forks, hard forks, or through decentralized governance systems if they are in place.
Receive Access Ecosystem (RAE) can be purchased on the exchanges listed at . To buy RAE, you would need to create an account on one of these exchanges, complete any necessary KYC (Know Your Customer) processes, and then trade another cryptocurrency or fiat currency for RAE.
To keep your RAE tokens safe, it's advised to use reputable wallets that offer strong security features. Always keep your private keys confidential and consider using hardware wallets for storing large amounts of tokens as they are disconnected from the internet and thus less susceptible to hacking.
The market trends for Receive Access Ecosystem (RAE) can be observed in its recent price changes, which have increased by +6.12% in the last 24 hours. Trading volume within the same period is 66.2K, which can indicate how active the market is. It's also useful to look into historical price data and market sentiment for a broader understanding of market trends.
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