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Cryptocurrency News Articles
Rexas Finance (RXS): A Promising Contender to Rival Ethereum (ETH) and Solana (SOL)
Oct 18, 2024 at 10:23 pm
In the rapidly evolving crypto market, Rexas Finance (RXS) is emerging as a promising contender to rival giants like Ethereum (ETH) and Solana (SOL).
As the crypto market continues to evolve at an astonishing pace, a new contender is emerging from the ranks, set to rival giants like Ethereum (ETH) and Solana (SOL) in the coming years. With a presale price of just $0.06, Rexas Finance (RXS) is making waves in the industry with its unique focus on real-world asset (RWA) tokenization. This move by Rexas Finance is poised to not only expand the crypto market but also potentially place RXS among the top five cryptocurrencies by 2026.
This new platform by Rexas Finance is bringing a fresh dimension to the crypto market, allowing users to tokenize assets like real estate, artwork, and commodities. By doing so, they are eliminating traditional barriers to these markets, offering full or fractional ownership options through blockchain technology. For instance, an investor based in Asia can now own a share of a restaurant in Europe, enjoying passive income with minimal hassle. This seamless global access, made possible by Rexas Finance’s robust tokenization system, is unlocking trillions of dollars in real-world assets for retail investors, including the $121.2 trillion commodities market and the $65 billion global art market.
At the heart of this platform is the Rexas Token Builder, which allows anyone to tokenize assets and participate in this growing market. Investors can generate digital tokens representing their share in real-world properties, whether it's a high-rise apartment or a gold reserve. These tokens can then be traded, adding a new layer of liquidity to traditionally illiquid markets.
Furthermore, to support those looking to build blockchain projects around tokenized real-world assets, Rexas Finance also provides a dedicated launchpad. This launchpad will enable projects to raise funds by selling tokens directly to investors.
The platform's presale has seen remarkable success, with Stage 1 raising $450,000 in just a few days, and Stage 2 closing within a week with $1.25 million raised. Stage 3, priced at $0.05, sold out weeks ahead of schedule, contributing to a total presale amount of $2.75 million. The current Stage 4, with a price of $0.06, has raised the total to $3.44 million.
To simplify the token creation process, Rexas also offers the QuickMint Bot, available on Telegram and Discord. This bot allows users to mint tokens with a few commands, making it accessible even for those new to the blockchain. The bot supports multiple blockchains, ensuring that users can choose the network that best suits their needs.
Built on Ethereum’s ERC20 standard, Rexas Finance is designed to be fully compatible and secure within the Ethereum network. The platform's tokenomics are also structured to support this vision, with a total supply of 1 billion tokens. Out of this, presale constitutes 42.5% of the total supply, with liquidity accounting for 15%, and 22.5% reserved for staking pools. Marketing and giveaways receive 3% and 2% respectively, with 10% set aside for the treasury. Notably, Rexas Finance has opted to avoid venture capital funding, choosing instead to offer its presale to the public, giving retail investors the opportunity to be part of this growing revolution.
As part of an exciting initiative, Rexas Finance is also hosting a $1 million giveaway, offering 20 lucky winners $50,000 each. To participate, interested individuals simply need to submit their ERC20 wallet address. By completing all actions to unlock bonus entries and referring friends, participants can boost their chances of winning big.
Overall, Rexas Finance is emerging as a major player in the crypto market by bridging the gap between blockchain technology and real-world assets. Its tokenization platform offers unprecedented access to high-value markets like real estate and commodities, enabling investors to buy and trade fractional ownership of assets from anywhere in the world. With strong tokenomics, innovative tools like the QuickMint Bot, and a successful presale program, RXS is well-positioned to join Ethereum and Solana among the top five cryptocurrencies by 2026. Investors have a unique opportunity to enter early, with current presale buyers expecting a 3.3x increase in value upon launch.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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- Rahul calls for real women empowerment
- Oct 19, 2024 at 02:15 am
- ct 18 (UNI) Leader of the Opposition in Lok Sabha Rahul Gandhi on Friday called for real empowerment of women and not mere token representation. He was addressing the meeting of ‘Shakti Abhiyan’, a movement launched by the Indira Fellowship for women empowerment in the country. Participants from 21 states, who were top performers in their respective fields, and who committed to tackling the deep challenges of patriarchy facing women at the grassroots level, participated in today’s deliberations. Addressing the meeting, Rahul emphasised that the struggle in politics today was not just against the traditional opposition parties, but a broader “ideological battle”. He said, "Our fight in politics today is not just for power, but also for representation and they are two sides of the same coin, not as different as some people think." Rahul lauded the bold efforts of the Shakti Abhiyan, which is providing space for women to lead, organize and reshape political discourse in their communities. Shakti Abhiyan, run by Indira Fellowship, is a national initiative aimed at ensuring equal representation of women in Indian politics. The demands of the Shakti Abhiyan include, “Equal Political Representation”, to ensure 50% representation of women in elected offices at all levels. The participants in the session shared their on-the-ground experiences and discussed the challenges of social resistance, lack of resources and patriarchy in the political framework. The national executive meeting of Shakti Abhiyan will continue for the next two days, in which future action strategies will be discussed to expand the movement and strengthen the political participation of women in India. UNI RBE BM