Rally

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Revision as of 02:42, 2 February 2023 by Grand Master Pepe (talk | contribs) (Created page with "Social token platform ==Basics== *Based in: *Started in / Announced on: [https://decrypt.co/120285/social-token-platform-rally-shutting-down 2018] *Testnet release: *Mainnet release: ==History== * Got sunsetted. [https://decrypt.co/120285/social-token-platform-rally-shutting-down From] Decrypt (1-2-2023): ''"We will begin to sunset the Ethereum sidechain platform as of today’s date due to lack of ongoing support," Ra...")
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Social token platform

Basics

History

"We will begin to sunset the Ethereum sidechain platform as of today’s date due to lack of ongoing support," Rally CEO Rob Collier told Decrypt, noting that funding was the key challenge. "The Rally sidechain, built in 2018, was very expensive to maintain compared to all of the new layer-1 tech stacks that have launched recently. Rally said in its email the NFTs on the Rally sidechain are not transferable to the Ethereum mainnet. In January 2022, SuperLayer, the venture studio from the co-founders of Rally, announced plans to move to the rival Solana blockchain. The announcement came after the RLY Network Association launched a RLY token on Solana. “Indeed, the Rally sidechain was the beginning of your web3 journey, not the destination,” they said. “It is with this spirit that we are exploring whether we can build leaner web3 experiences and/or products on mainnet, however there are a number of factors that need to happen to make this a reality.”"

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].
  • Based on:

How it works

"Rally.io is an Ethereum-based platform for creators to launch social tokens, which lets social media personalities, bands, and esports teams engage with and monetize their communities. "

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

"Notable creators on Rally include actor and creator Felicia Day, musician BT, and LA Rams wide receiver Brandon Powell."

"There are now over 250 creators who have issued tokens through Roll with the total value of all social money on the platform recently surpassing $250M, 25 creators through Rally, and Grammy-winning musician RAC who is using Zora."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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