The current price of RSS3 is $0.063710. Over the last 24 hours, RSS3 has increased by +4.65%. It currently has a circulating supply of 719,666,666 RSS3 and a maximum supply of 1,000,000,000 RSS3, giving it a fully diluted market cap of $45.86M. At present, the RSS3 coin holds the 0 position in market cap rankings. The RSS3/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
RSS3 is a cutting-edge feed protocol that powers Dapps for social media, content sharing, and e-commerce. Built on the Substrate blockchain framework and leveraging the WASM virtual machine, RSS3 enables the seamless deployment of Dapps. The protocol operates with its native token, RSS3, a payment method for various network services. These services encompass data storage and retrieval, feed management and creation, and governance participation.
RSS3 team
The RSS3 team is led by experienced entrepreneurs and blockchain technology experts. The project was initiated by equity firm Natural Selection Labs and co-founded by Joshua Meng and Zui Chen.
Zui Chen holds the position of Co-Founder, while Henry Wang is the CTO, Eric Gu serves as the COO and Aziz Alangari takes charge as the Head of Communications.
How does RSS3 work
RSS3 functions by utilizing a decentralized network composed of nodes responsible for storing and indexing various types of data, such as blog posts, social media updates, and financial transactions. The network ensures security through a Proof of Stake (PoS) consensus mechanism, wherein nodes contribute to the security and integrity of the network by staking RSS3 tokens. This incentivizes node operators to act in the network's best interest, thereby maintaining its overall security and reliability.
RSS3’s native token: RSS3
RSS3's native utility token is named RSS3. Within the RSS3 network, this token serves as the primary means of payment for various services, including data storage and retrieval, feed creation and management, and participation in governance activities.
RSS3 tokenomics
The RSS3 token operates with a total supply of 10 billion tokens, with 4.6 billion tokens circulating. The token launched with an initial price of $0.01 per token, and the block reward is set at 10 RSS3 tokens per block.
To promote token deflation and value appreciation, 50 percent of all transaction fees are burned through the token burn mechanism. This ensures a reduction in the token supply over time.
Distribution of RSS3
The market cap of the RSS3 token, which stands at 10 billion, is distributed among various stakeholders as follows:
1 percent is allocated as the share of advisors.
4.6 percent is allotted for the company’s seed investors.
15.4 percent is dedicated to the team’s operations.
5 percent is reserved for Natural Selection Labs.
10 percent was set aside for the private token sale.
64 percent is designated for the loyal RSS3 community members.
What does the future hold for RSS3
The future of RSS3 looks promising as the project focuses on expanding its network by adding more nodes, validators, and active community participants. This expansion will improve the network's performance and security. Additionally, the team is executing a strategy to increase the adoption of the RSS3 token through partnerships with content creators, developers, and businesses.
This collaborative approach will help broaden the reach of RSS3 and attract a wider audience. Furthermore, there are plans to further integrate the RSS3 token into the ecosystem to enhance its usability and value. This may involve implementing features such as improved support for various data types, upgraded search functionality, and tools for monetization.
Show more
Show less
Trade popular crypto and derivatives with low fees
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 175 new posts about RSS3, driven by 108 contributors, and total online engagement reached 2.7K social interactions. The sentiment score for RSS3 currently stands at 65%. Compared to all cryptocurrencies, post volume for RSS3 currently ranks at 6872. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of RSS3.
Powered by LunarCrush
Posts
175
Contributors
108
Interactions
2,653
Sentiment
65%
Volume rank
#6872
X
Posts
155
Interactions
2,577
Sentiment
66%
RSS3 FAQ
What is RSS3?
RSS3 is a decentralized information processing protocol that facilitates the development of decentralized applications (DApps) for social media, content sharing, and e-commerce. Built on the Substrate blockchain framework and powered by the WebAssembly (WASM) virtual machine, RSS3 enables the execution of DApps in a decentralized manner.
Within the RSS3 network, there is a native token called RSS3. This token serves as a means of payment for various services provided on the network. These services encompass data storage and retrieval, feed creation and management, and active participation in governance.
What are the benefits of RSS3?
RSS3 leverages blockchain's unique technology to offer several benefits as a decentralized, secure, and scalable information processing system. The network has been designed to ensure interoperability with various blockchains and protocols, enhancing its utility and potential applications.
What is the RSS3 price prediction?
While it’s challenging to predict the exact future price of RSS3, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 RSS3 worth today?
Currently, one RSS3 is worth $0.063710. For answers and insight into RSS3's price action, you're in the right place. Explore the latest RSS3 charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as RSS3, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as RSS3 have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Socials