Benefits of staking $RITE in the ritestream entertainment ecosystem

Dixie Biscocho
ritestream
Published in
4 min readFeb 1, 2024

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In case you’ve missed it, explore our article about the Five Pillars of the ritestream entertainment ecosystem by clicking the provided link. We also recently added the Tier System for the ritestream ecosystem. Read to see what benefits you will get based on your staking amount.

When you Stake $RITE Tokens, you get:

Film and TV Launchpad

Stake your $RITE Tokens and get an allocation for NFTs based on how much $RITE you staked. You can gain access to the discounted Seed and Private Sale Rounds, depending on what tier you’re in.

riteApp

Staking $RITE gives you regular “glimmer” drops in riteApp. Use glimmers to vote to influence outcomes in our upcoming shows & movies. And for each tier, there is a fixed multiplier that you can receive in glimmer drops. The higher you stake, the higher your glimmer drop multiplier will be.

riteStream+

Staking $RITE gives you a chance to access selected premium access to CryptoKnights “Web3 Shark Tank” show. Top-tier stakers gain full access to the show.

CryptoKnights Launchpad

Stake your $RITE Tokens and get an allocation to purchase the tokens of the projects featured on the CryptoKnights show at a discounted price — here’s your chance to invest with the Knights. Your allocation is based on how much $RITE is staked.

The Rite Fund

Stake 500,000 $RITE Tokens or more to get discounts, allocation and special access to the highly sought-after projects that will be featured on the CryptoKnights show. Fill out the Rite Fund Info form to get directly connected to the team and learn more about the Rite Fund.

And there is an added bonus!

Stake your $RITE Tokens and get a chance to win NFTs with special utility boosts.

How to get RITE tokens? PancakeSwap, MEXC, Gate.io, and BitPanda.

Contract address: 0x0808Bf94d57C905F1236212654268EF82E1e594E

How to stake RITE tokens? https://staking.ritestream.io/

Staking Guide and FAQs

For a more detailed breakdown of benefits and tiers, please refer to Tier System for the ritestream ecosystem.

WHAT IF I DON’T WANT TO STAKE?

You can still participate within the ecosystem during the Public Sale. Private Sale is ONLY reserved for $RITE Stakers. Here’s the breakdown:

riteStream+

You can view free content. Premium content requires purchasing riteStream+ NFTS (more info coming soon).

riteApp

Free to use. To vote, simply earn glimmer drops by using the app, taking part in prediction games and quizzes, or purchasing from the store.

Film and TV Launchpad

You can purchase allocations during the Public Sale. Seed Sale and Private sale are ONLY for $RITE stakers.

CryptoKnights Launchpad

Allocation is available through staking; no public sale.

IN A NUTSHELL

  • Staking $RITE gives you benefits across all the Pillars in our ecosystem.
  • The more $RITE tokens you stake, the more benefits you get.
  • The more $RITE tokens you stake, the more $RITE you get.
  • The earlier you stake, the more $RITE you get (we also calculate APY accrued).

For a more detailed breakdown of benefits and tiers, please refer to Tier System for the ritestream ecosystem.

Additional Resources

Join Our Community

Twitter | TG Announcement | TG Group | Discord | Link to Sign-up form

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