RHOVIT Updates…

Hey Everyone!

We’re about to kick-off a Pre-Launch sign up campaign but before that we wanted to fill you in on some of the updates and changes we’ve made.

Development

Development is well under the way on the platform and testing will begin in May. After initial testing we’ll begin a closed beta with our community members getting the first invites!

Tokenomics

We’ve updated the amount of tokens as well as the way they will be released. The new schedule is below:

Token Amount: 4B

Tokens for Sale: 1.5B

RHOVIT Reserve/Team/Partner: 500M

Platform Distribution: 2B

Up to 2M tokens will be distributed on the platform weekly to Providers and Users.

RHOVIT will divide the sale of their tokens into 7 parts. Part 1 will be a private sale.

Public sale of the tokens will happen at 6 user benchmarks, the first being when RHOVIT reaches 1M users.

We want to get Rbits into as many hands as possible but also make sure we do it in a responsible way. By tethering the public sales to RHOVIT User benchmarks we ensure we have the community to support new tokens and any purchaser of the token knows exactly how the platform works and how they can use it.

Ecosystem

RHOVIT works on a circular economy where both sides; Users and Providers, earn Coin and/or Tokens that is spent back into the system to the benefit of the whole community.

To better accomplish this the Rbits that Users earn from the User Pool will be available on a monthly instead of yearly basis and able to be spent on the platform for goods and/or Coins. This creates not only a wider marketplace for the Rbit but gives our Providers another way to monetize and make a living. All Rbits Users earn through ads, promos and incentives will still be sent directly to them.

First Bounty Campaign

A big THANK YOU to everyone who participated in our first campaign! The world of blockchain is ever changing and we’ve made sure we’ve changed with it to create the best possible platform for our community.

Everyone who earned tokens WILL RECEIVE THEM. We will send them the same time we do our first payout on RHOVIT. Make sure you keep following us for updates. Please direct any questions you have to team@rhovit.com

Pre-Launch

We are going to be holding a Sign Up campaign. This will give both Users and Providers an early way to earn Rbits that mirrors the gamification of the platform itself. All Rbits earned during the campaign will be paid out when their full RHOVIT account is set up. More details coming shortly!

Telegram

We’ve started a brand new telegram channel. Please join us!

Til’ Next Time…

Team RHOVIT