Read on Twitter
Thread: http://RioDeFi.com"> http://RioDeFi.com VS http://Crypto.com"> http://Crypto.com
Rios main competitor is http://crypto.com"> http://crypto.com as both offer products like a digital wallet, payments, merchant services, an own exchange and a native blockchain.
Rios main competitor is http://crypto.com"> http://crypto.com as both offer products like a digital wallet, payments, merchant services, an own exchange and a native blockchain.
2) The Rio-Chain is built on Substrate which is operating with the Polkadot ecosystem. An interoperable ecosystem that is gaining a lot of attention and is poised to continue to rapidly grow.
3) The Rio-Chain offers:
-fast speeds (3000TPS / 2sec block times)
-built on Substrate: Scalability & Interoperability
-low transaction costs
-low energy consumption
-top notch audit & custodian partners aka @certik_io and Hex Trust
-attractive framework for dApps
-fast speeds (3000TPS / 2sec block times)
-built on Substrate: Scalability & Interoperability
-low transaction costs
-low energy consumption
-top notch audit & custodian partners aka @certik_io and Hex Trust
-attractive framework for dApps
4) To make it attractive and rewarding for Developers to build on Rio-Chain, 20% of all generated dApp fees, which are payed in $RFUEL will go back to the dApp that generated those fees. Additionally grant allocations will be given to promising projects.
5) To showcase what’s possible with the Rio-Chain, the first dApp to launch next week will be @MANTRADAO, a DeFi platform for Staking, Lending and Governance, which will also utilize $RFUEL for fees.
6) To directly compare the two tokens $CRO has a current mcap of 3.1bil and $RFUEL will be launching with an initial ~20mil mcap with its IDO on Uniswap tomorrow.
7) Yes i know that http://Crypto.com"> http://Crypto.com already is established and that http://RioDeFi.com"> http://RioDeFi.com still has to prove itself. But if they deliver what they set out to do then i can see $RFUEL taking some market share away from $CRO which would be massive upside potential.
Looking forward to what the future holds for @riodefiofficial
