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Cryptocurrency News Articles

Crypto Knights: The Crypto-Fueled Investment Reality Show Debuts

Apr 18, 2024 at 04:02 pm

An investment reality TV show, Crypto Knights, is emerging, inspired by popular programs like Shark Tank. The show will feature promising web3 startups pitching to industry heavyweights, including Brian D. Evans and Kyle Chasse. The $RITE token serves as the cornerstone of the ecosystem, enabling crowdfunding for projects appearing on the show and exclusive content on the streaming platform Ritestream+.

Crypto Knights: The Crypto-Fueled Investment Reality Show Debuts

Crypto Knights: A Novel Investment Reality TV Series

In the realm of entertainment, funding opportunities for burgeoning enterprises have traditionally been confined to specialized platforms. However, a groundbreaking innovation is poised to revolutionize this landscape, introducing a crypto-centric counterpart to the renowned "Shark Tank" and "Dragons' Den" programs.

Crypto Knights, an award-winning and Emmy-nominated production, is poised to emerge as a transformative force in the investment arena. This captivating reality TV series will provide an unprecedented platform for exceptional web3 startups to present their ventures to a panel of esteemed business leaders, seeking funding and mentorship.

Scheduled for its debut in Q3 of 2024, Crypto Knights will showcase the brightest and most innovative web3 projects. These aspiring companies will have the opportunity to pitch their concepts to an influential panel of "Knights" – industry experts and successful entrepreneurs who will evaluate their potential and make investment decisions.

The esteemed panel of "Knights" includes a roster of renowned figures, each bringing a wealth of experience and expertise to the table: Brian D. Evans, Kyle Chasse, Jay Hao, Roy Bashin, and Magnus Grimeland, with more prominent names yet to be announced. Their insights and guidance will prove invaluable to the startups seeking to elevate their projects.

Investment Opportunities for the Public

Beyond its entertainment value, Crypto Knights offers a unique opportunity for viewers to participate in the funding of groundbreaking web3 ventures. Through the $RITE token, individuals can access exclusive perks and investment opportunities.

The $RITE token serves as the backbone of the Ritestream entertainment ecosystem, empowering users to:

  • Crowdfund their favorite films and TV shows, commencing with the Crypto Knights program.
  • Gain investment allocations in projects featured on Crypto Knights through the Rite Fund and an upcoming Web3 launchpad dedicated to the show.
  • Access exclusive, locked content on the Ritestream+ streaming platform.
  • Influence the show's outcomes by voting via the riteApp.

With a current market capitalization of $14.2 million, $RITE is poised for continued growth as the Ritestream ecosystem expands. Negotiations are underway with popular launchpads, paving the way for broader public access to investment opportunities in featured projects.

Exceptional Production Quality

The team behind Crypto Knights boasts an impressive track record of success in the entertainment industry. Ritestream, the production company responsible for this innovative program, has produced content for Netflix, Hulu, and other major networks, garnering over 100 million views worldwide.

Led by Emmy-nominated producer Riaz Metha, the Ritestream team has a proven ability to craft compelling and captivating reality television programs. Their expertise in this genre will undoubtedly enhance the quality and excitement of Crypto Knights.

NFT Sale and Funding

Rritestream is leveraging a novel approach to crowdfunding through the sale of NFTs. By holding these NFTs, individuals will secure allocations in up to 30 projects that will be featured on the show.

The Seed Round for NFTs has already been fully subscribed, while the Private Round remains open until April 19th. Individuals wishing to participate in this round must stake $RITE tokens to qualify. The Private Round offers a discounted NFT price of $175, a 30% reduction compared to the public round price of $250.

For every 5000 $RITE tokens staked, participants will earn an allocation to purchase one NFT. The public sale of NFTs is scheduled for May 2024.

Conclusion

The Crypto Knights show is poised to debut in early July 2024, with filming commencing in May and June. For further information about the show and the ongoing NFT sale, please visit the Ritestream website.

This exciting new venture promises to revolutionize the investment landscape for web3 startups and provide viewers with an unprecedented opportunity to participate in the funding of cutting-edge projects.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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