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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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25026075 No.25026075 [Reply] [Original]

I found an interesting project that seems pretty under the radar.
Could it be a potential moonshot?!

Project: Rally ($RLY)
$RLY is the governance token to vote on community proposals related to the Rally platform.
It is also used as an entry currency into the realm of Creator Coins.

>What are Creator Coins?
Imagine an open network for creators and brands to create easier, better, more aligned token economies and communities.
The Rally Network is providing Creators with tools to build virtual economies that extend their brands while also providing community benefits and new economic incentives for fans to engage with their favorite Creators.
Compared to other Creator economies, Rally currently does not charge Creators with fees (yay). Additionally
tokenomics can be revamped to enable revenue/profit sharing on the Rally Platform. There
are ongoing efforts to pursue this lucrative option through proposals submitted by the committee.

>Who are its competitors?
Fan tokens/economy -> Chiliz $CHZ (100 million marketcap)
Monetization of gaming -> Enjin $ENJ (135 million marketcap)
Social money -> Roll (Not released)

>Will the project rug?
Liquidity is locked, and the project is non-anon. Their founder, Kevin has a good background in entrepreneurship and business.
Twitter: @KevinChou
Recent interview on a16: https://www.youtube.com/watch?v=ByjjS4OoFpk

Last but not least, it is backed by Coinbase (-> ventures.coinbase.com/)

On-chain analysis: There have been a lot of wallets accumulating RLY for months.
ex) 0xa50b080f064e22b990776c90d004b0af843a4cd5
ex) 0x2a050f3d02885fc7d18a382dff2e5099d5bd6220
A healthy increase in holder addresses in the few weeks is present as well.

>> No.25026133

>TA:
$RLY has been seeing a lot of accumulation at these levels and has only recently piqued trader interest with a spike in volume as high since its initial launch a few months back. Strong chance it reclaims the highs.

Chart: https://imgur.com/a/XImPkTh

>Conclusion:
At a 4 million marketcap, Rally ($RLY) is heavily undervalued. It should be a minimum $40 million marketcap based on the fundamentals and technical analysis. Rally has not had much exposure on Crypto Twitter as well, so it is safe to assume that this is an excellent opportunity which is potentially early and rewarding to those that pursue it.


Website: https://rally.io/
Where to buy: on Uniswap

>> No.25026441

where is the fud?

>> No.25026463
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25026463

LFGGGGGGG

>> No.25026595

>>25026441
nothing to FUD on this gem sir

>> No.25026814

This is a pretty big deal
thanks anon
ill look into it

>> No.25027011

Holy shit, backed by Coinbase Ventures??? How did I miss this gem, thanks!

>> No.25027090 [DELETED] 

sleeping giant

>> No.25027148
File: 373 KB, 600x600, 1603808077107.png [View same] [iqdb] [saucenao] [google]
25027148

Hory shit.
Had a quick glance on why their max supply is so large, it says they only give out 50k or so to creators signing up on their platform. So token will only be released as adoption grows.

>> No.25027294

https://rally.io/creator/
Current creator list.

>> No.25027295

100x Soon

>> No.25027339

>>25027295
Gives me RARI vibes desu.

>> No.25027362

>>25026814
dear op: good post!
sincerely, op

retard

>> No.25027508

so cheap

>> No.25027700

lol like always genuine gems get buried on /biz/ while projects employing armies of jeets get bumped to infinity.

Final bump for those who are lucky enough to catch this. Thread will probably get archived.

>> No.25027786

https://twitter.com/Flynnjamm/status/1316789736791371777


Probably worth looking into.

>> No.25028049

lol i was like wtf is this shit again. saw coinbase ventures, bought. worth the risk

>> No.25028085

>>25026075
There was a airdrop of this a few months ago I missed the date for by a couple of hours. But yeah, good project.

>> No.25028124

>>25026075
>$RLY is the governance token to vote on comm...
>governance token
hard pass
token not needed

>> No.25028131

i'm on board, stay poor

>> No.25028163

>>25028085
why didnt you shill the airdrop.
cmon make this board great again.

>> No.25028195

>>25028124
since when did we start giving a shit about tokens being needed lol

>> No.25028208

.@rally_io governance launches today, along with @iearnfinance yield delegating for $RLY. something is brewing

>> No.25028409

>>25028163
Only found out about it because another anon was posting about it that day. There are good projects shilled here from time to time, it’s just chance as to whether you’re on biz when it happens. PRQ was shilled here back in July for example. UNN, ROSE, DSLA are things worth looking into now.