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RING X PLATFORM logo

RING X PLATFORM

RINGX

Price
$0.000563
9/28/2022, 5:45:08 AM
diamondHands

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Market

Market stats

Market cap

$176,213.64

Volume (24h)

-

Circulating supply

313.2M RINGX

All time high

$0.79

Price change (1h)

-0.18%

Price change (24h)

+39.9%

Price change (7d)

+47.64%

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RING X PLATFORM is on the rise this week.

The price of RING X PLATFORM has risen by 47.64% in the past 7 days. The price increased by 39.90% in the last 24 hours. In just the past hour, the price shrunk by 0.18%. The current price is $0.000563 per RINGX. RING X PLATFORM is 99.93% below the all time high of $0.79.

The current circulating supply is 313,192,785.317 RINGX.

About

What Is RingX Platform (RINGX)?

RINGX Platform (RINGX) aims to create a blockchain-based mileage integrated ecosystem by consolidating various mileage services. Within the system, the RINGX converts the unused mileage of customers to RINGX mileage. RINGX Mileage is a payment method for using digital content (games, videos, music sources, web novels, and web-toons) and services in RINGX Platform. The mileage system was started as an airline’s sales promotion program and is being used for points service to increase customers' royalties (rewards). Telecommunications, financial institutions, and airlines are some of the mileage providers.

According to the RINGX whitepaper, the platform caters to some of the existing problems in the mileage system. RINGX works on the increased demand for security in the financial companies (mileage providers). These mileage providers make use of huge amounts of money in computer management and hacking prevention. To solve this problem, RINGX aims to utilize a distributed head of blockchain technology to reduce the hacking risks and minimize costs. Another concern is of the standard technology for interworking the Mileage System. Each company's mileage system is developed on different technologies and structures. A huge cost is required to link all these systems directly. As a solution, RINGX aims to implement a technology that enables each company to integrate the miles without linking the customer information through a blockchain-based mileage integration platform.

RINGX also works on secure and transparent transactions with smart contracts. RINGX creates transactions through smart contracts that increase information safety and leads to transparent transactions. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Lastly, to offer the right profit share to the content providers, RINGX aims to provide a platform for the customers to consume and purchase qualified content with integrated mileage.

RINGX token is the utility token of the RINGX Platform. The RINGX Token is given as a reward to customers for participating in the platform's events. The token offers the function of:

  1. Membership- This service is similar to a credit card company membership. The rate of the RINGX membership is determined by the quantity of the RINGX token held.

  2. Mileage reward- The RINGX token holder can apply for the RINGX mileage reward to receive RINGX mileages.

  3. Connect- The coins that have not partnered with the platform can be exchanged to RINGX token through the external exchange to exchange to RINGX Mileage.

  4. Bounty Program- The holder participates in various marketing programs and receives RINGX tokens as rewards.

Larry OH is the CEO and founder, and Seungin Kook is the vice president of RINGX (Reward on incoming networking and globalization) platform.

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FAQ

What is the current price of RING X PLATFORM?

The price of 1 RING X PLATFORM currently costs $0.000563.

What is the market cap of RING X PLATFORM?

The current market cap of RING X PLATFORM is $176.21K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of RING X PLATFORM?

The all-time high of RING X PLATFORM is $0.79. This all-time high is highest price paid for RING X PLATFORM since it was launched.

What is the 24 hour trading volume of RING X PLATFORM?

Over the last 24 hours, the trading volume of RING X PLATFORM is $0.00.

What other assets are similar to RING X PLATFORM?

Assets that have a similar market cap to RING X PLATFORM include Micromines, Fortuna Sittard Fan Token, Niftify, and many others. To see a full list, see our comparable market cap assets.

How many RING X PLATFORM are there?

The current circulating supply of RING X PLATFORM is 313 million.

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