Rapids Network Update!

Restructure of Rapids chain, New Chain spec:

  • Reduce of RPD supply from 30,000,000,000 to 30,000,000 RPD a 1000/1 Ratio.
  • Block rewards to be reduced to 1.7835 RPD per 60 second block, the equivalent to half the networks current block rewards.
  • Removal of Sub-Satoshi trading from all exchanges.

Block reward share after chain restructure:

  • 20% Staking
  • 60% Masternodes
  • 20% Network & Development

Release of Rapids Networks on chain token deployment, Mercury Protocol:

  • Allowing the creation, deployment and issuing of RPD-T tokens upon the Rapids Network.
  • RPD-T deployment fee and transaction fees are to be both payable in RPD.
  • RPDX, Rapids Networks NFT token will be deployed as an RPD-T token and tethered to the price of 1 RPD, both of which will be interchangeable with each other through an in app bridge.
  • Creation of Rapids Network collectibles upon the RPDX token.
  • Marketplace allowing purchasing and trading of RPDX collectibles and other RPD-T tokens.

- for more info on NFTs click here

Rapture.TV:

  • The Rapture Crowdsale will go live early 2021 on kickstarter.com offering rewards in return for multiple choices of investment into the platform.
  • Rapture mobile applications to be developed for iOS and Android after a successful CrowdSale.
  • Implementation of RPD as a tipping system, as a way to tip streamers and reward viewers.
  • The First 100 Verified members to reach 2,000 followers on Rapture will have their own RPDX collectibles designed in their image and receive a percentage of the supply.

Rapids Host update:

  • Increasing the number of coins supported on both Smart pools & Masternode hosting.
  • Possibility of integrating DeFi Staking into Rapids.Host
  • RPD Masternode holders who host their Node with Rapids.Host will earn airdrops from newly listed coins/tokens.
  • Enabling RPD as a funding source.

Mobile Wallet:

  • Integration of BTC (Possibility of LinkShare capabilities)
  • Integration of RPDX and all future RPD-T tokens deployed on the Rapids Network.
  • Reduction in fee percentage when sending a LinkShare other than RPD but paying the fee in RPD.
  • ETH Integration with support for Tokens created on the Ethereum Network.

Tipbot:

Tipbot rebrand and hub is ongoing. First of all, a fully manageable tipbot for telegram groups with added admin features.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store