RISE is a decentralized platform offering distributed applications, Smart Contracts, and token asset creation/side chain. It is designed to act as an ecosystem for tech startups, developers, device users, investors, and businesses. RISE is powered by DPoS or the Delegated Proof of Stake blockchain. It is a network of RISE nodes managed and sustained by 101 Delegates. They are elected by the Rise community through votes cast using their Rise wallets with vote value corresponding to the RISE it contains. The Delegates thus elected can earn RISE as rewards for running nodes. These nodes protect the network and authorize transactions on the blockchain.
Rise has been rising in ranking in the world of cryptocurrency for many reasons. The developers and the Rise community have contributed in significant measures to the growing popularity of this platform and in the continuous development of the RISE currency. The developers have a clear vision of the features and have retained the vital ones while doing away with those that were not critical.
Rise will be made available to users in physical form for use in the real world. This is one of the biggest differentiating aspects when compared to other cryptocurrencies as they are all available in the digital form and can be used only for digital transactions. Rise can be used just like any other traditional currency in different markets. Rise can help in closing the gap between virtual and real world currency.
Currently, Rise is ranked 131 in the cryptocurrency ranking. The company’s market capital is around $51 million. The daily trading volume of RISE is to the tune of $7 million. There are 113,139,200 pieces of RISE in circulation and that is going to be a fixed number. There is no mining facility offered at Rise.
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