ritestream Price

ritestream is a Web3 cryptocurrency launched in 2022 that aims to democratize the creator economy in the film and TV industry. It powers the ritestream ecosystem, which includes: 1. A publishing platform for film/TV content where the community can participate in projects and earn income from NFTs 2. A consumer app for watching film/TV content 3. An NFT marketplace for film/TV NFTs 4. A B2B film/TV distribution platform Key facts about RITE: - Current price: $0.000588 - 24h change: -7.74% - Market cap: $504.25K - Circulating supply: 857.58M RITE - Total supply: 1B RITE - All-time high: $0.08185 (January 30, 2024) - All-time low: $0.0001669 (January 12, 2024) RITE operates on the BNB Smart Chain and aims to create new revenue streams for creators and communities in the metaverse through NFTs. With its focus on democratizing content creation and monetization in the entertainment industry, ritestream has potential for growth as Web3 and NFT adoption increases.

ritestream was created on March 24, 2022. The cryptocurrency was launched on the BNB Smart Chain (BEP20) platform as part of the ritestream ecosystem, which aims to democratize the creator economy in the Web3 space. Since its inception, ritestream has been working towards building a platform for creating, monetizing, and consuming movie and TV content using blockchain technology and NFTs.

The founders of ritestream are Riaz Mehta and Yossi Aloni. Riaz Mehta is the CEO and co-founder, while Yossi Aloni serves as the co-founder and Chief Strategy Officer. They launched ritestream in March 2022 with the vision of democratizing the creator economy and generating income for creators and communities through NFTs in the metaverse. The RITE token is built on the BNB Smart Chain and aims to revolutionize the film and TV content creation, monetization, and consumption ecosystem in Web3.

ritestream operates on a decentralized blockchain platform, utilizing smart contracts to facilitate transactions and content creation in the film and TV industry. The RITE token serves as the native cryptocurrency within the ecosystem, enabling users to participate in content funding, NFT purchases, and revenue sharing. The platform consists of four key components: 1. A publishing platform where community members can contribute to film/TV projects and earn income through NFTs. 2. A consumer application for watching film and TV content. 3. An NFT marketplace specifically for film and TV-related digital assets. 4. A B2B distribution platform for film and TV content. By leveraging blockchain technology, ritestream aims to democratize the creator economy and generate new revenue streams for content creators and community members in the Web3 space. The total supply of RITE tokens is 1B RITE, with a circulating supply of 857.58M RITE. The current price of RITE is $0.000588, with a market cap of $504.25K and a 24-hour trading volume of $21.62K.

ritestream utilizes a multi-layered technical architecture designed for the Web3 ecosystem: 1. Smart Contracts: Built on the BNB Smart Chain, enabling efficient and low-cost transactions. 2. NFT Infrastructure: Supports the creation and trading of film/TV content NFTs. 3. Decentralized Content Platform: Allows community participation in content creation and monetization. 4. Consumer Application: For watching and interacting with film/TV content. 5. NFT Marketplace: Dedicated to film/TV NFTs, facilitating buying, selling, and trading. 6. B2B Distribution Platform: Enables content distribution to various channels. 7. Token Utility: RITE token powers the ecosystem, used for governance, rewards, and transactions. 8. Interoperability: Designed to integrate with other blockchain networks and metaverse platforms. This architecture combines blockchain technology, NFTs, and content creation to democratize the creator economy in the film and TV industry.

The future of ritestream (RITE) looks promising. The project aims to revolutionize content creation and monetization in Web3. Key milestones on the roadmap include: 2026: Expanding the NFT marketplace for film/TV content 2027: Launching enhanced creator tools and community features 2028: Integrating with major metaverse platforms 2031: Achieving 1 million active users on the platform The team is focused on growing the ecosystem, onboarding more creators, and increasing adoption of RITE tokens. With the current price at $0.000588, analysts project potential growth to $0.0006182 by 2027, $0.0007405 by 2026+3, and $0.000858 by 2031. As ritestream continues to innovate in the creator economy space, it aims to become a leading platform for decentralized content creation and distribution in the coming years.