What is Receive Access Ecosystem (RAE)?
Receive Access Ecosystem is a blockchain-based media platform that seeks to reward creators for the value they offer through content. The compensation protocol inseparably links creator payments to a predetermined minting schedule of RAE token distribution. In doing so, it enables creators to get their full value from networks. RAE uses the market subscription model to enable creators to earn their intrinsic value. The protocol also supports platforms that distribute content from creators using the RAE protocol.
The RAE ecosystem is a new layer built on top of a blockchain network. The digital platform is separate from the digital network. The project fuels the ecosystem with RAE, a native cryptocurrency token. These two features allow fair and transparent pro-rata rewarding of content creators and other network participants. The value of the RAE token captures the value of the independent use of the platform. As the network effects take hold, the compensation of the network users in the form of RAE tokens automatically reflects their contribution to the growth in network value.
Rokfin is one of the projects that has adopted the RAE compensation protocol for its creators. The platform uses an open and transparent methodology to reward creators proportional to their contribution to the network value. On the other hand, customers pay $9.99 to access all premium content.
Use Cases of RAE
RAE is a multi-utility token that powers the Receive Access Ecosystem. The token is mainly used to compensate creators for the dynamic value they bring into the network. Thus, creators can benefit when the market bids up the RAE price. However, more RAE tokens are required to fulfill the subscription burn obligations whenever the RAE price drops. The mechanism balances ecosystem incentives between the platform and the creator. You can view the current Receive Access Ecosystem price on the live chart above.
Holders can also stake RAE tokens to access content on the RAE platform and unlock upcoming features.
Who Founded Receive Access Ecosystem?
Martin Floreani is the founder of RAE. He is an experienced leader with a demonstrated history of building digital networks and developing B2B sales processes. He is also a team player who has formed successful senior management teams.
Tokenomics of RAE
RAE is an ERC-20 token. There is a max supply of 34 million RAE. The maximum supply mechanism prevents undesirable inflation that may affect the RAE price. Receive Access Ecosystem crypto had a fair launch with no presale or ICO. Additionally, there is no token allocation to founders. 72% of the RAE coins are allocated to creators. The remaining 28% is allocated to the development and running of the platform. The project also implements token burning to balance the supply of the token with its value and functionality within the ecosystem.
