Reality Metaverse

The RLTM (<a href="https://etherscan.io/address/0x1b396CF90504686b7edE2760eebb053d30d1f389" rel="noopener noreferrer nofollow">RealityToken</a>) is a ERC-20 utility token with a fixed supply that enables the growth of the <a href="https://realitymeta.io/" rel="noopener noreferrer nofollow">Reality NFT</a> platform and unifies all its elements. On April 11th, 2023, RLTM token was officially launched on tier one exchanges. Since TGE RLTM has been listed on a few more exchanges and for the moment RLTM can be traded against Tether (USDT) on world’s top CEXs<ul><li><a href="https://www.kucoin.com/trade/RLTM-USDT" rel="noopener noreferrer nofollow">KuCoin</a></li><li><a href="https://www.gate.io/trade/RLTM_USDT" rel="noopener noreferrer nofollow">Gate.io</a></li><li><a href="https://www.bybit.com/en-US/trade/spot/RLTM/USDT" rel="noopener noreferrer nofollow">Bybit</a></li><li><a href="https://www.mexc.com/exchange/RLTM_USDT?_from&#61;search_spot_trade" rel="noopener noreferrer nofollow">MEXC</a></li></ul>In addition to these exchanges, RLTM is also available on several other smaller exchanges like Poloniex, CoinEx and Hotbit. RLTM can also be traded on Uniswap.Fig.2 allocation and vestingTEAM &amp; SEED INVESTORS ARE NOT SELLINGRLTM’s initial price at TGE was $0.04, and soon after opening it skyrocketed above $0.2. Since then, the token has decreased in value (Fig.1), now being trading below the IDO price.<img src="https://miro.medium.com/v2/resize:fit:1400/1*NN4Z0hIcsgQSGQQfXVyZSQ.png" />Fig.1 RLTM/USDT chartIt is not uncommon for newly launched tokens to experience a sudden surge in price right after their initial token generation event. In fact, it’s almost expected. However, what many investors and traders fail to realize is that this sudden spike in price is often followed by a subsequent drop in value. This trend is not unique to any specific cryptocurrency or token, it’s a well-established pattern in the crypto space.This dip in value may cause disillusionment among IDO buyers, who may question the potential of the token and the decision to invest in it. However, it’s essential to note that this behavior is perfectly normal. The primary reason behind that drop in price is the selling pressure generated by early investors and traders. After the initial hype and excitement surrounding the token launch ends, many of these investors choose to sell their tokens to secure their profits. This increase in selling pressure leads to a drop in demand, ultimately causing the price of the token to fall.In this context it is very crucial to clarify one more thing: team and seed investors are not selling tokens! The team has a 12-month cliff, meaning we will not receive any tokens until a year after the initial investment. Seed investors also have a 12-month cliff, and only 2.5% of their tokens have been released (does not mean sold) thus far. For details please see our allocation and vesting table below (Fig.2). Reality Metaverse is buying back systematically (not selling) and if the price continues to decrease we will do even more aggressive buyback.<img src="https://miro.medium.com/v2/resize:fit:1400/1*oOpCUkfs454FIx6DUA49Sg.png" />Fig.3 Auto routerLIQUIDITYThe essential factor in any cryptocurrency’s success is liquidity. In simple terms, liquidity refers to the ability of an asset to be bought or sold quickly without significantly impacting its price. The higher the liquidity of an asset, the more easily it can be traded.I personally and the whole Reality Metaverse team, are making constant measures to ensure that the token remains liquid. One of the ways to measure liquidity in cryptocurrency trading is by looking at the liquidity depth at a particular price level. Liquidity depth refers to the total volume of orders that exist at a particular price level, both buy and sell orders. For the RLTM token, &#43;/- 2% liquidity depth is at the level between 500 USDT and 2000 USDT. It is quite high, ensuring liquid trading with no significant price slippage.In addition to the aforementioned centralized exchanges, our team has also established liquidity pools on Uniswap, ensuring that RLTM token holders can exchange their tokens for GLM tokens (the GLM token is the native token of the Golem network, our technical partner, a decentralized computing platform that allows users to rent out their computer processing power in exchange for GLM tokens).Uniswap recently introduced the auto router feature. Thanks to it, we can trade RLTM for any ERC-20 token (Fig.3). This has increased liquidity for both RLTM and GLM, making it more attractive for investors.<img src="https://miro.medium.com/v2/resize:fit:1400/1*gkLG-uT4HaRR6QEqsDnNTg.png" />FUTUREThe world of cryptocurrencies is full of speculation, volatility, and hype. While some tokens are created with the sole purpose of being a speculative investment, others have a more long-term value proposition. RLTM is one such token that is designed to serve as a utility token with a clear roadmap for its long-term growth (Fig.4).<img src="https://miro.medium.com/v2/resize:fit:1400/1*Wm2mv78rzJaHmvtMIfT1lw.png" />Fig.4 Reality Metaverse roadmapAs a team, we expect a bit more selling pressure to continue for the next month, we are aware of that, but it is not going to be difficult to climb back. For the moment, <a href="https://realitymeta.io/" rel="noopener noreferrer nofollow">Reality NFT</a> platform is not yet fully operational, there are still some minor bugs to improve on our side. We consider it as a soft launch. The platform requires few updates before we can invest heavily on promotion and marketing since usually there is one shot for that and we plan to do it right. The other challenge we noticed is that users are still not able to understand what we have: NFTs that are having a really good ROI through sustainable sources (mobile games with millions of players).We think of the RLTM token in the long term perspective. The same way as some of the top metaverse projects released before us. They were struggling initially, and then there is a chance and a big opportunity that what we are currently doing is fixing the things that do not let us to scale, and then scale it up once everything is properly done, and people who are entering now have the opportunity to come at the great early timing. Take a look at the SAND/USDT chart, for almost five months the price was trading horizontally around $0.04 (Fig.5) but after a year it exploded 20x.<img src="https://miro.medium.com/v2/resize:fit:1400/1*24y2dUAth0HHhZD4AaBCdg.png" />Fig.5 SAND/USDT chart (<a href="https://coinmarketcap.com/pt-br/currencies/the-sandbox/" rel="noopener noreferrer nofollow">coinmarketcap</a>)We want to repeat the same pattern. As the selling pressure finally ends, due to royalties and new mobile games joining the Reality Metaverse ecosystem, the demand for the RLTM token will increase, driving up its value to new highs.The mechanism behind this is quite obvious. Whenever there is an in-app purchase linked to a particular NFT in any of mobile games in the Reality Metaverse ecosystem, 30% of that generated revenue goes to the pool assigned to this NFT and is distributed, in RLTM, among holders. This drives the constant demand for RLTM tokens, as in-app purchases are in fiat currencies. The more games and the more players entering the Reality Metaverse ecosystem, the demand for the RLTM token goes up.Of Course, I can not guarantee You the success, as the market is always right, but we can guarantee the full commitment and hard work on our side to make the Reality Metaverse ecosystem come true.

RLTM TOKEN EXPLAINED!

Reality Metaverse

2023년 5월 16일에 게재된 다른 기사

Wall Street legend and billionaire T. Jones on Bitcoin: ‘I’m gonna always stick with it’

Zimbabwe Defies IMF Warning, Sells Gold-Backed Crypto Tokens

Smart contract wallets: Everything to know

Sparklo (SPRK) Amazes Investors With Potentials While They Fret Over Cardano (ADA) And Shiba Inu ...

Top 10 Web2 brands affected by Web3 scams

🎉 Update on PINKINU Presale: Over 1,000,000+ USDT Raised!

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!