Currency

RTEAM Token

RTeam token will serve as the primary currency in the RTeam Worldz ecosystem, which operates on the Solana blockchain. You will earn these tokens based on the distance you travel while driving. As the project develops, the token will gain further functionalities. For instance, in the future, you can use it to purchase car parts, accessories, perks, event tickets, and even car rentals. It's important to note that the token won't be available to the general public; instead, it will be acquired through the app and can be traded in the market. The market items will be in the form of NFTs.

Token Information

The tokens will be collected and stored in the app initially, but they won't be officially transferred to the blockchain until they are ready. This is done to save on gas fees. For example, let's say you've accumulated 20 RTeam tokens on the app, but you can't trade them yet. To use them for renting a Class D vehicle, you'll need to officially collect those 20 tokens on the blockchain into your wallet. After completing the transaction on the Solana blockchain, including taxes and fees, you can exchange those tokens for a Class D vehicle rental pass. Once the pass is transferred to you, you have the freedom to either sell it or trade it in for the car rental service.

As the project advances and expands, the market will diversify into various categories. The token itself will be the currency used in all aspects of the project's ecosystem.