In a growing and extremely diverse cryptocurrency market, there are many choices. The two most talked about cryptocurrencies today are probably the stablecoin and the memecoin. You see, there are some really elegant utility tokens out there today, coded with functions that offer a real-world application to the blockchain. These are wisely positioned for slow, organic growth. They offer functions and support for various aspects of the digital world in complex, intelligent packages that will serve their respective ecosystems. They have a role to play and a job to do. A vision to execute.
And then there’s the standard memecoin that spends a ton on marketing, serves little to no purpose, and other than a fun idea, will never really bring anything to the blockchain in a way that’s worth mentioning. These memecoins focus all their money on marketing an idea and creating FOMO events so people buy in quickly. Will this be a moonshot? Look how cute that monkey is? These memecoins rarely have any purpose beyond entertainment value, and more often than not, leave their communities, supporters, and holders waiting months for something to materialize from the funds raised or, worse yet, are left holding a big bag of nothing when the rug is pulled out from under them.
But amidst the dust and debris left by carpetbaggers and market grabbers with no real purpose, I found a hidden gem. It’s a gem that I’ve followed since its inception. I’ve watched the developer, XEF Media, focus all of its development dollars on building a project that the crypto community could appreciate and enjoy from the start. A project that, to quote the founder, “is a memecoin worthy of the heart of the crypto community.” And she’s right: the crypto community has a lot of heart.
It is a clever meme currency concept with real-world applications, new technology in development, real-world games already available, profit sharing mechanisms for on- and off-chain products from a widely diversified project with countless ancillary revenues and real-world utility that aims to prove that Crypto can be a force for good in this world.
I’m talking about the Rivals: Dogs Vs Squirrels project. Not only does this clever and entertaining concept feature amazing original artwork, a hilarious storyline produced as a future streaming series, a collectible card game, multiple games in fact – but it also shows great promise as the next generation of memecoin. A project that all aspiring meme developers should carefully review and consider before jumping into creating something for laughs and spending a “ton” of money on marketing what is and always will be essentially – nothing.
The RVLS ecosystem is actually a dual token ecosystem. The project’s main token, the $RVLS token, is a multifunctional Memecoin with major utilities and functions built in. Designed to support animal shelters, this P2E ecosystem offers donation, swap, burn, and staking services while rewarding players of its games with RVLS tokens, voting rights, NFTs, and a stablecoin ecosystem. It has a small 3% tax feature designed to return a portion of each purchase and sale to the donation wallet and liquidity pool. This ensures that the token will remain more stable than others in the memecoin class.
The second token – the RVLS-FC token – is for governance, non-tokenized profit shares, and corporate control. Holders of this token are more like a board of directors. The RVLS-FC token offers 3.11% APY in staking rewards and will migrate to become a dividend token for the project after what is expected to be a somewhat lengthy approval process following the SAFT filing with the SEC. For now, it is simply a fee token with a staked reward that has the same built-in functionality as the main token, but without the p2e.
Purpose of RVLS-FC token:
As I mentioned before, the RVLS team developed this project differently than most others. Most crypto projects focus all of their development funds and early expenses on marketing an idea. They hold a pre-sale and then the funds raised are used to develop the concept. This is a common practice in the crypto world these days. However, the RVLS project wanted to do things differently. They wanted to have a solid project that demonstrated the level of integrity of their concept from the beginning. As a result, this project already has several games available on the Google Play Store and for rewards that will be exchanged for RVLS on their website. They have an adorable NFT collection. They have many ancillary revenue streams already in place and accessible to the community NOW, before launching anything.
I can’t help but admit that this demonstrates a level of commitment to the project never before seen in a traditional crypto project, as well as the team’s ability to deliver a product worthy of the community they are now looking to build and grow. Delivering something from the start and allowing the community to be a part of its future development is a great place to start, even if it’s not the traditional path everyone takes. But then again… this project is unlike any other.
The future of the RVLS-FC token:
Once the SAFT application and SEC approval process is complete, the RVLS-FC token will be migrated to become a dividend token. This profit-sharing token will distribute shares of ad revenue, non-tokenized games, merchandise, and trading card collections to its holders on an annual basis. All licensing deals, streaming series revenue, and future games that are not part of the token project itself will be eligible for a profit-sharing position distributed as dividend payments only to RVLS-FC token holders. And now, finally, a small portion of the 100 million game supply is available for purchase by the community. It is being offered as a private sale to its early supporters (and my readers), in a “no-fee” sale via DX.SaleThe $RVLS team has made a small portion of its RVLS-FC tokens available for purchase now.
The RVLS-FC token itself will be locked for a period of 6 months and will be invested in its distribution via airdrop. As previously stated, it will offer 3.11% APY to start. 50% of the funds raised with this offering will be locked for a period of 6 months after the sale ends, with the remainder of the funds going towards marketing the $RVLS presale.
Additionally, RVLS-FC token holders will receive a pro rata share of RVLS tokens at the end of the RVLS presale as a thank you for being an early backer of the project and an integral part of the development of this unique and promising project as a whole.
As a crypto enthusiast, I have seen many cryptocurrencies come and go. I have seen projects with great concepts fail and never produce anything. I have seen strong stablecoins change markets. I believe this new hybrid “stable memecoin” could be the future bridge needed between entertainment and function.
DX.Sale is a reputable launchpad that is interested in the success of its project but does not artificially inflate trading volume or create hype with bots and fake statistics. This is what attracted the $RVLS team to their platform. It is a launchpad with a level of integrity that reflects their own.
If you are interested in participating in the private sale offering for the RVLS-FC token, you can visit the sale here. If you’re interested in learning more about the project, their founder will be participating in an AMA session on X.com (formerly Twitter) with DX. Details to follow soon.
Session access information will be available in all RVLS projects social media accounts or on their blog at https://rvls.io/.
I remind you that this is not financial advice and that the world of cryptocurrency investment is volatile and complex due to its inherent risks. As always, I advise you to do your own research on anything you want to buy and never spend more than you can afford to lose.
