Royal Kingdom Coin is the token associated with Royal Kingdom Enterprise. It is a startup from the Middle East, registered as an enterprise in Dubai and has teams and presence all over the world. From selling white labels of payment gateways, the company has progressed into becoming a major force in the blockchain products industry. The recently-held ICO saw the company make impressive progress.
The cryptographic tokens are designed as ERC20 compatible smart contract and powered by the Ethereum blockchain. RKC, the cryptocurrency connected with this platform will be available only from Royal Kingdom Enterprise initially. It is also possible to acquire these coins during ICOs. The company is working on various strategies to boost the user base of the coin and enhance its market value.
There are many benefits of investing in RKC. First and foremost, it is not a scam as many cryptocurrencies are. The ICO was conducted successfully and has followed all the rules and regulation as stated by the authorities for the industry. It has been seen that any technical issue that users/contributors might face with the coin is addressed promptly and efficiently.
According to the developers of the Royal Kingdom Coin, they are focused on spending their profits in an innovative manner. 50 percent of profits will be used for buying RKC from the open market. The balance of the profit will be reinvested back into the company. The coins that they buy will be distributed equally between the token holders. The holders are free to decide whether they want to hold the coins, sell the difference or use the power of compounding to add to the value of the coins.
The planning for the launch of the RKC was extensive and handled by top professionals from the industry. Every aspect was considered including marketing, production and financial aspects of the launch. The team for the ICO included some of the top brains from the field of cryptocurrency with many years of experience. The key strategy was to make sure that there is great visibility for the coin and that it attains an impressive market price. There was voluntary participation in the ICO with the market forces deciding the price.
The total supply of RKC is 15,000,000 of which circulating supply is 2,700,000. The market cap of the currency is $1,638,833. The currency is presently trading at $0.606975. RKC is ranked at 613 in the cryptocurrency market.
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