What Is Rush Coin (Rush)?

Rush Coin (Rush) is an Ethereum token that is based on the ERC-20 token standard. The ERC-20 standard provides a common set of policies and practices that needs to be followed for particular Ethereum tokens. As mentioned in the whitepaper, the purpose of introducing Rush Coin is to bring all the users of the gaming platform to the newly developed ecosystem through compensation in the form of tokens.

Rush Coin aims at providing a universal payment system for each and every participant of the MetaCity platform. MetaCity allows users to interact with other participants or celebrities and get rewarded with tokens. The platform aids in engaging active economic actions within the new virtually developed world. The participants have the accessibility to participate anywhere via Mobile, PC, and XR/VR devices and obtain the service.

Furthermore, theRush Coin ecosystem comprises issuing of digital assets using blockchain technology to overcome distinct shortcomings. These shortcomings include slow transmission speed, commission fees, and exchange rate fluctuations between major currencies. Rush Coin is entirely based upon a decentralized algorithm that aims to offer rewards to the developers who create NFT along with the users who utilize MetaCity service.

Hard Cap for Rush Coin is set to 1,500,000,000 Rush. Hard Cap refers to the limit of issuance defined by the protocol of a particular cryptocurrency. Rush Coins can be obtained through activities of metaverse services, or users can obtain them from NFT exchanges or trading platforms. There is no mechanical mining available for Rush Coin.

History of Rush Coin (Rush)

Rush Coin was introduced in July 2020 by Park Jun-Beom, the founder of GamecbainHK Limited established in Hong Kong. The coin was introduced with the launch of Hash Rush, the first hash-powered online game. The maximum total supply of Rush Coin (Rush) is 3,000,000,000 Rush. The issuing company of this currency is GamecbainHK Limited.