The Unique Features making up the Revelation Coin Platform

There is a buzzword in crypto at present and it goes by DeFi (Decentralised Finance). Here we have a project that has not only been DeFi long before DeFi was on the tip of everyone’s tongues, but also defies the current normal by regularly introducing developments that will help launch crypto into the future.

The Revelation Coin Project is embarking on a mission to prepare the crypto community adequately, in order to avoid the financial control that will rule over the world in years to come. This mission can only be accomplished by the interconnection of certain features within its ecosystem, as well as opening up to other blockchain solutions through the use of smart contracts.

These features are the Barter/Trading System, Cross Blockchain of REV Coins, Integration of Mobile Blockchain System, REV blockchain.

The Bartering/Trading System

In addition to the native REV Coin (REV), there are other coins called the REV Xtras that have been minted and distributed to members holding REV. They are REV Diamond (REVD), REV Platinum (REVP), REV Gold (REVG), REV Silver (REVS). The Xtras have a hierarchical system whereas the supply decreases, causing its value to increase. The purpose of REV Xtras is to have other higher forms of payment methods in the Revelation Coin Ecosystem, just as there are many denominational currencies that are used in a country to facilitate trades of higher value.

This idea came up last year and the distribution of REV Xtra coins has commenced, being distributed to wallets for which users have their private keys and not on third-party wallets. Referencing the current price of REV Coin, this is the right time to purchase REV Coins at a very cheap price and get to receive these Xtras. All this while looking forward to a high rate of return in the future, once the platform is operating fully.

As a community-driven project, the upcoming deployment of these coins will be given out to all REV hodlers, according to the distribution plan described below. A snapshot will be taken on the 7^th of each and every month and the Bartering system coins will be distributed to hodlers of REV Coins.

NB: Distribution of REV Xtra Coins are sent to privately owned Ethereum addresses and not private keys, so in case you have any coins stored at exchanges, you need to send it to your wallet in order to increase the number of coins you will receive.

Distribution of Coins

For every 7,500,000 (7.5 million) REV a personal wallet is holding, the holder will receive 350 REV Silver.

For every 3,500 (3 thousand 5 hundred) REV Silver a personal wallet is holding, the holder will receive 35 REV Gold.

For every 350 REV Gold a personal wallet is holding, the holder will receive 3 REV Platinum. 

For every 35 REV Platinum a personal wallet is holding, the holder will receive 1 REV Diamond. 

Cross Blockchain Chain of REV Coins

In the quest of expanding this vision to other blockchain networks, certain amounts of Revelation Coins are begoing to be minted on Waves, Litecoin, Tron, and SLP networks, possibly with more to follow, so that users of these blockchain ledgers can have access to REV Coins without necessarily having to use the ERC-20 based one. These specific blockchain networks were chosen because of their secured, fast, and scalable network and the fact that they are also widely used by many crypto enthusiasts in this space.

Currently, the allocated amount of REV Coins to be minted on each of these networks is budgeted at 100 million coins, but this is subject to change if the team deems it fit for the growth and sustainability of the project.

For every amount of REV Coins that are minted on these networks the same amount of ERC-20 based REV Coins will be burnt to keep the total supply unchanged.

Mobile Blockchain System

There have been developments in the industry which have led to the release of an optimized way of having access to the entire blockchain of Bitcoin, within a simple offline wallet and even goes to the extent of executing a transaction in an offline mode, via SMS authentication. This keeps crypto wallets in a cold state, hence making it difficult for anybody to have remote access to it and steal your funds.

Through this same medium, there are future plans of integrating all the coins in the Revelation Coin Ecosystem to one platform for ease of use. The advancement in technology has expanded in the telecommunication networks to the extent that these days, we have phones that are as powerful as computers and often used more than computers.

In the future and with all these series of developments in the mobile phone industry, Revelation Coin Project will tap into the features of high performing smart devices and develop solutions that will allow users to contribute to the security of the blockchain network, by simply sharing a portion of their phone’s CPU (Central Processing Unit). This feature will allow users to have access to the entire Revelation Coin Blockchain, which will be developed as the project unfolds its plans in the future.

Users who comply with this are going to be rewarded similar to incentivized staking mechanisms across proof-of-stake networks. Together with the Revelation Coin and REV Xtra coins, other crypto communities who wish to conduct any form of trade will be allowed to create smart contracts for this purpose. This is to fill in the gap for blockchain ledgers that do not have any portion of Revelation Coin minted on it. Another use case that will drive the liquidity of REV Coin is that all fees paid through these smart contracts that are going to be deployed will be charged only in REV Coin.

Conclusion

Creating a self-sustaining and reliable #defi decentralized finance ecosystem for such a great course in the future requires the need to have in place features and systems that will keep the individual components within the ecosystem functioning effectively. It is based on this reason that the Revelation Coin Project has put in place a Trading/Bartering and Cross Blockchain platform, which will all be integrated into a Mobile Blockchain system.

Having an absolutely decentralized financial ecosystem comes with a price and the team is working constantly and connecting with other blockchain solutions in order to prepare adequately for the financial domination that is yet to befall the world. 

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