Introducing

India’s latest Web3 integrated social media platform, ReelStar has announced that its decentralised blockchain token, ReelToken (REELT), is now listed on Gate.io and other leading exchanges, including Bitmart, MEXC, and BKEX. The token is set to launch globally on 23 March. ReelToken (REELT) is a unique cryptocurrency solution for the media and entertainment industry, offering smart contract functionality and multi-blockchain infrastructure on the POLYGON (MATIC) and Binance Smart Chain (BSC) blockchains. This enables holders of ReelToken to securely hold, exchange, and use REELT for discounted goods and services within the ReelStar App, and to efficiently convert them to fiat or other cryptocurrencies. The ReelStar app is the first user-centric, blockchain-integrated mobile-first platform for content creation and sharing for all types of media. It is a seamless and easy-to-use platform, employing a full range of NFTs, to allow users to easily create and monetise content for a global audience with the in-app marketplace for artists’ and creators’ content. Within the app, users can trade crypto and NFTs, communicate through an end-to-end encrypted peer-to-peer chat system and access their safe and secure ReelPay digital wallet.

In Briefly REEL Token Platform

ReelStar’s multi-blockchain infrastructure provides cost efficiencies, and redundancies and has the ability to add future or existing blockchains to further ensure the best value, speed, reliability, and security. The platform is highly scalable, reliable, and cost-conscious, and safeguards security with leading-edge standards in protocols, encryption, and authentication. Our platform is designed to provide a global audience and marketplace for artists and creators to monetize their content,” said Navdeep Sharma, Co-Founder ReelStar. “We are excited to partner with Gate.io, MEXC and other top exchanges to bring ReelToken to a wider audience, and to provide an easy-to-use platform for anyone to access and leverage Web3 and future technologies for both entertainment and profit.”

Reel Star

First user centric, blockchain integrated mobile first platform for content creation and sharing for any type of media. Reel star was designed, from the ground up to be a global social and entertainment platform which allows users to create, share and trade content with a worldwide audience. eel Star’s mobile app allows users to create and manage their own NFT’s with specific use case options available to support the various and specific needs of creators in different market segments. NFT creation can be both ad hoc and as part of a planned delivery and launch. There are in-app tools to assist at each level. NFT creation at all levels is designed to be intuitive, and supports multiple use cases, from complete user control to the bespoke Reel Star Concierge service, NFT creation is secure and seamless with the option of automatic or customised distributions. The ReelStar app’s attributes filter allows for both broad as well as highly specific searches enhanced by platform, creator and community tagging. It allows for greater discrimination in search and selection reducing the time for collectors to find exactly what they are looking for and allows creators to target their market and not to be lost in a sea of releases. The attributes can be integrated within the platform recommender system.

What is the difference between Reel and other top 6 major competitors?

Reel has competitors in the different verticals, but there are no real competitors in the ‘everything app’ space. We-Chat is the Chinese equivalent, but the Chinese market is not ours (we are global – China). ReelCrypto develops the blockchain and the decentralised and metaverse aspects present within the ReelStar app including the ReelToken (REELT) utility token. ReelToken (REELT) is a genuine, utility token that was created for global reach and use cases. It is the critical fuel that binds the ecosystem together and enables the seamless integration of all that goes (and will go) into the ReelStar ‘everything dapp’. ReelPay handles all the payment-related functionalities related to fiat and crypto-related transactions along with a debit card. There are many future functionalities planned for the later development of ReelPay. The ReelPay Digital Wallet has a clean, user-centric interface that provides easy and intuitive access to all the financial services integrated within it.

How can I utilize the Token?

The tokens are pure utility tokens which enable full engagement on the ReelStar ecosystem with discounted fees and access to special offers and promotions within the ecosystem. You can directly transfer the money to ReelToken Account in USD or AUD if you are using a bank account. In case, you have selected, ETH or BTC, or USDT, a barcode and a wallet address will appear on the screen. ReelPay provides the ReelStar app ecosystem with a fully integrated digital wallet. ReelToken (REELT) is its native token that is built on a multi-blockchain infrastructure; Polygon (MATIC) and the Binance Smart Chain (BSC) networks. By utilizing a multi-blockchain it generates benefits such as blockchain redundancy and arbitrage options. In effect, ReelToken holders can efficiently, cost-effectively, and safely hold their tokens and exchange them for either fiat or other cryptocurrencies. They can also use REELT to buy discounted goods and services within the ReelStar app. ReelStar is the decentralized, multi-blockchain, and Web3-integrated platform that incorporates video sharing, live streaming, audio-video calling, P2P chat, NFT minting, a marketplace, and a digital wallet in one app. It’s an ‘everything’ app.

Why You Should Invest in Reel Token?

ReelToken will be the passport of choice to the infinite possibilities of the Reel Metaverse/Omniverse. One where you have the limitless potential to create, experience and benefit. To enable a global, interconnected community of creators and engagers, with equal access and opportunity for everyone, by sustainably leveraging Web3 and future technologies to enhance creativity and connection for the benefit of all. To seamlessly blend technology, creativity and human connection into a sustainable digital ecosystem, open to all, which explores the limits of experiences and drives real world benefits for everyone.

Conclusion

ReelStar is the first mobile video and entertainment application based on a Web3-enabled platform, able to provide integrated access to the Metaverse/Omniverse. The platform will facilitate positive, meaningful, and beneficial local and global communities, providing a safe, secure, and private environment for sharing, communication and collaboration. REELT is on a multi-blockchain infrastructure. ReelToken has a multiple blockchain infrastructure that enables both cost efficiencies and redundancies. This enables the ReelToken ecosystem to function optimally even if one of the blockchains has congestion or performance issues.

VISIT HERE:

Website: http://reelcrypto.io/
Whitepaper: https://www.reelcrypto.io/wp-content/themes/reel-token/documents/ReelToken%20-%20Whitepaper_V3.01_V4.pdf
Twitter: https://twitter.com/reel_token
Telegram: https://t.me/ReelTokenOfficial
Discord: https://discord.com/invite/sQ7KCpSEaD
Facebook: https://www.facebook.com/reelstar.io

AUTHOR

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