What Is Rose Finance (ROF)?
Rose Finance is a social networking platform backed by blockchain technology to build a network to get likes and subscriptions. As per the whitepaper, Rose Finance is a global platform aiming to provide know-how on how to get engagement and retention on social networking platforms. Rose Finance was launched with a goal to change how the media and marketing work today and make e-commerce and monetization accessible worldwide through the inventive use of technology.
There are technical and commercial experts on the platform who are going to share advice and show the right direction to the young teams and provide real users for creating real value. In other words, the Rose Finance platform seeks to be a place for popularity and influencers. Whoever can increase engagement can have the opportunity to take the benefits offered by the platform. Based on blockchain technology, the platform aims to offer advantages like transparency, trackability, and low fee to real users creating real value for different brands.
With Rose Finance's proprietary growth engine, users can get support in the form of increased engagement and retention with more followers and likes at the most optimal rate. Moreover, the users within the ecosystem can create collections from millions of products integrated into an affiliate network. Brands are allowed to incorporate products into the network using the workflow management system of the Rose Finance platform. Also, they can build an image to interest traders. Community members are rewarded for sales-driven activities on the platform.
Users and followers can participate in paid affiliate and content marketing programs and get rewarded for making purchases. Rose Finance intends to remove barriers to entry for followers, marketers, brands, and content creators by reducing frictions associated with sponsorship payments.
Rose Finance Coin (ROF) is a token built on the Binance Smart Chain and is the native token. ROF incentivizes users, followers, and creators to develop wealth within the community. The whitepaper suggests that 43% of ROF tokens created during the contribution period are allocated to the staking pool and 10% are for bonuses and rewards for token holders. In addition, 22% are reserved for marketing activities, and 25% are for development purposes.
Historyof Rose Finance (ROF)
As per the whitepaper, the maximum total supply of ROF tokens is 1 billion tokens. The whitepaper was published on June 10, 2021.
