By Harry - Crypto Consultant - 22-10-2022
Rally (RLY) is a platform designed for creators to build their own digital economies. The Rally Network is a blockchain-based service that allows influencers to monetise their relationships with their fanbases. Lately, the Rally Network's ecosystem has been doing well and growing exceedingly popular due to its services and its native non fungible tokens (NFTs). Reportedly, Rally has set aside around $12 million to invest in developers to improve the company's ecosystem further. The company hopes to upgrade the platform to expand and create new projects to uplevel its customer experience.
On Friday, Rally announced that its new grants program would reportedly be done using RLY tokens. RLY is the Rally Network's native crypto market investment which powers its ecosystem. As of writing, the price to buy RLY tokens is $0.59 with a 24-hour trading volume of $8.11 million. According to Rally, there would be a developer, chosen through a voting event in the community, who will have access and control over $5 million worth of RLY tokens. The selected developer will be able to choose what bounties and rewards get distributed within the program. Rally has already awarded MintGate, David Young, and Bonfire grant rewards.
In an interview, the vice president of Rally, Stephanie Pereira, explained that the company is determined to create benefits, and creators need "the most right now." Pereira stated that the first three developers that were awarded have already added a lot of value, such as developing an airdrop protocol and building custom widgets.
If you are looking to Buy and Sell RLY crypto, then you can head over to BC Bitcoin where you can safely buy crypto UK today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
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