RCCC's price today is $ 0.00022355, which increased in the last 24 hours. Its market ranking is #1 with a market capitalization of $ .
RCCC, which stands for Royal Chain Club Coin, is a digital currency designed for the art industry. It operates on the EOS blockchain and aims to facilitate safe, secure, and transparent exchanges of information among art enthusiasts and industry participants. By leveraging the inherent benefits of blockchain technology, which includes the immutability and openness of data, RCCC targets to provide a system where the history of artwork can be effortlessly accessed and verified, ensuring the authenticity of provenance and ownership.
The RCCC platform was developed based on EOS technology. The creators aimed to address the specific needs of the art market, creating a tool that allows for the convenient and reliable exchange of information between all parties involved in the art industry. The team behind RCCC has not been specifically identified in the basic information provided, but they share the common goal of promoting a transparent and trustworthy art market.
RCCC functions by harnessing blockchain technology to store historical information of artworks. The data recorded on the blockchain includes provenance, ownership, and transactions, which cannot be altered once confirmed. This allows anyone to track the history of an artwork reliably. Additionally, RCCC's expert appraisal network operates to verify the quality of art pieces, sometimes through visual inspections, to further ensure the integrity of the art traded within its platform.
The use of blockchain technology in RCCC provides a high degree of transparency and security. Since all entries on a blockchain are irreversible and publicly verifiable, it helps prevent fraud, such as the creation of fake provenance for artworks. This aspect of the technology is particularly useful in the art world, where authenticity and clear ownership history are crucial. By building RCCC on the EOS blockchain, the project claims to deliver fast, low-cost transactions, which is essential for active trading and information exchange in the art market.
RCCC's expert appraisal network is a system where art experts can conduct appraisals of artworks to ensure their quality and authenticity. When necessary, these experts can perform visual inspections. This network adds another layer of verification, enhancing the trustworthiness of the information provided on the platform.
The circulating supply of RCCC is , and how it relates to the total supply (500.0M) is not clearly stated. The distribution and allocation model, including any potential inflation or deflation mechanisms, has not been detailed.
RCCC's role in the art market is to facilitate the establishment of a fully transparent and reliable trading environment. It seeks to attract art investors by offering a blockchain-based solution that addresses common issues like fraud and the difficulty of verifying artwork authenticity and ownership. The platform is purported to make the art market more accessible for investors and lovers of art alike.
RCCC can be purchased on the exchanges listed under Huobi.pro, Huobi. Interested buyers should ensure they have an account on one of these exchanges and then follow the standard procedure for purchasing cryptocurrencies offered by the exchange.
To keep your RCCC secure, it's recommended to store your coins in a wallet with robust security features. While keeping them in the exchange's wallet is convenient for trading, using a personal wallet gives you direct control over your private keys. Always ensure to back up your wallet, keep your private keys confidential, and consider using hardware wallets for higher amounts as they provide an additional layer of security.
For more information about RCCC, interested individuals can visit their official website at rccc.pro. Additional details and updates are also typically available through the platform's official communication channels, if any, such as social media accounts, forums, or community discussions.
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