RSS3

RSS3 price

RSS3
|
4.0/5
CyberScope
4.0
05/29/2024
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USD
USD
$0.28690
+1.16%
1h
24h
1W
1M
1Y
All

RSS3 price live data

The current price of RSS3 is $0.28690. Since 00:00 UTC, RSS3 has increased by +1.16%. It currently has a circulating supply of 674,916,666 RSS3 and a maximum supply of 1,000,000,000 RSS3, giving it a fully diluted market cap of $193.43M. At present, RSS3 holds the 156 position in market cap rankings. The RSS3/USD price is updated in real-time.

RSS3 price performance in USD

Time periodChange amount%Chg
Today$0.0033000 +1.16%
7 days-$0.02090 -6.80%
30 days-$0.05250 -15.47%
3 months$0.032400 +12.73%

RSS3 market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.27540
Last price $0.28690
24h high$0.29660
Heat index ranking
123
Market cap ranking
156
Market cap
$193.43M
Favorited rate
Percentage of users who favorited this asset to all users
1.07%
All-time high
$0.75870
-62.19% (-$0.47180)
Feb 15, 2022 (2 years ago)
All-time low
$0.072400
+296.27% ($0.21450)
Oct 26, 2023 (7 months ago)
ICO date
02/13/2022
ICO price
The price at which this crypto was first traded
$0
Circulating supply
The amount of this crypto that is publicly available in the market
674,916,666 RSS3
Market cap at circulating supply
Market cap = Circulating supply × Last price
$286.60M

About RSS3 (RSS3)

The RSS3 protocol is an innovative feed technology that empowers decentralized e-commerce, content, and social applications. Built on the Substrate blockchain framework and powered by the WebAssembly (WASM) virtual machine, RSS3 enables the seamless execution of decentralized applications (DApps).

What is RSS3

RSS3 is a cutting-edge feed protocol that powers Dapps for social media, content sharing, and e-commerce. Built on the Substrate blockchain framework and leveraging the WASM virtual machine, RSS3 enables the seamless deployment of Dapps. The protocol operates with its native token, RSS3, a payment method for various network services. These services encompass data storage and retrieval, feed management and creation, and governance participation.

RSS3 team

The RSS3 team is led by experienced entrepreneurs and blockchain technology experts. The project was initiated by equity firm Natural Selection Labs and co-founded by Joshua Meng and Zui Chen. 

Zui Chen holds the position of Co-Founder, while Henry Wang is the CTO, Eric Gu serves as the COO and Aziz Alangari takes charge as the Head of Communications. 

How does RSS3 work

RSS3 functions by utilizing a decentralized network composed of nodes responsible for storing and indexing various types of data, such as blog posts, social media updates, and financial transactions. The network ensures security through a Proof of Stake (PoS) consensus mechanism, wherein nodes contribute to the security and integrity of the network by staking RSS3 tokens. This incentivizes node operators to act in the network's best interest, thereby maintaining its overall security and reliability.

RSS3’s native token: RSS3

RSS3's native utility token is named RSS3. Within the RSS3 network, this token serves as the primary means of payment for various services, including data storage and retrieval, feed creation and management, and participation in governance activities. 

RSS3 tokenomics

The RSS3 token operates with a total supply of 10 billion tokens, with 4.6 billion tokens circulating. The token launched with an initial price of $0.01 per token, and the block reward is set at 10 RSS3 tokens per block. 

To promote token deflation and value appreciation, 50 percent of all transaction fees are burned through the token burn mechanism. This ensures a reduction in the token supply over time.

Distribution of RSS3

The market cap of the RSS3 token, which stands at 10 billion, is distributed among various stakeholders as follows:

  • 1 percent is allocated as the share of advisors.
  • 4.6 percent is allotted for the company’s seed investors.
  • 15.4 percent is dedicated to the team’s operations.
  • 5 percent is reserved for Natural Selection Labs.
  • 10 percent was set aside for the private token sale.
  • 64 percent is designated for the loyal RSS3 community members.

What does the future hold for RSS3

The future of RSS3 looks promising as the project focuses on expanding its network by adding more nodes, validators, and active community participants. This expansion will improve the network's performance and security. Additionally, the team is executing a strategy to increase the adoption of the RSS3 token through partnerships with content creators, developers, and businesses. 

This collaborative approach will help broaden the reach of RSS3 and attract a wider audience. Furthermore, there are plans to further integrate the RSS3 token into the ecosystem to enhance its usability and value. This may involve implementing features such as improved support for various data types, upgraded search functionality, and tools for monetization.

RSS3 FAQ

What is RSS3?

RSS3 is a decentralized information processing protocol that facilitates the development of decentralized applications (DApps) for social media, content sharing, and e-commerce. Built on the Substrate blockchain framework and powered by the WebAssembly (WASM) virtual machine, RSS3 enables the execution of DApps in a decentralized manner.

Within the RSS3 network, there is a native token called RSS3. This token serves as a means of payment for various services provided on the network. These services encompass data storage and retrieval, feed creation and management, and active participation in governance.

What are the benefits of RSS3?

RSS3 leverages blockchain's unique technology to offer several benefits as a decentralized, secure, and scalable information processing system. The network has been designed to ensure interoperability with various blockchains and protocols, enhancing its utility and potential applications.

Where can I buy RSS3?

Easily buy RSS3 tokens on the OKX TR cryptocurrency platform. An available trading pair in the OKX TR spot trading terminal is RSS3/USDT.

You can also buy RSS3 with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for RSS3 with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into RSS3, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.