What Is Rally? (RLY)

The RLY token is an ERC-20 native token that powers the RLY Network. RLY is multi-chain and can also be obtained on other blockchains through official bridges and canonical swaps maintained by the RLY Network Association. RLY can be utilized by consumer applications and aims to enable a token economy with the goal of driving growth, adopting community, and rewarding engagement.

RLY Network is an ecosystem of consumer apps powered by RLY Protocol, a token-enabled software suite for developers that claims to facilitate token launching, instant pricing, immediate liquidity, and the opportunity to earn weekly RLY Rewards.

RLY Protocol is managed by the RLY Network Association, a Swiss-based non-profit.

Technology: RLY Network is an ecosystem of consumer apps powered by RLY Protocol, which aims to be a permissionless, multi-chain, no-fee, open-source, token-enabled software suite for developers. According to the network, independent projects include Rally.io and Unite.io, creator economy apps for the US and Asia, respectively; Taki, a tokenized social network for Asia; Hotline, a tokenized creator communications platform; Joyride, a tokenized platform for game creators; and Gambit, a tokenized fantasy sports platform, along with many other projects that will soon come to market.

Founders of Rally (RLY)

The Rally platform was launched on October 15, 2020. The Rally network's crew has extensive experience in computer games, hardware, software, virtualization, social media, network security, virtualization, and customer support.

Kevin Chou and Mahesh Vellanki, two entrepreneurs, founded the Rally initiative. Chou is also the creator of Forte, a video game economic technology business, and Kabam, a mobile gaming start-up.

Rally launched its token $RLY through an initial coin offering (ICO) held on April 28, 2021.

How Many RLY Tokens Are There?

The maximum RLY supply is 15 billion coins.