Revelation Coin Project - A Complete Decentralized Financial System for the Crypto Industry

The ubiquitous word DeFi sends excitement to many crypto investors due to the high returns on investments, the decentralized manner of managing finances, and the fact that the individuals in the system collectively govern the operation of the protocol. Unfortunately, this mood of excitement ends up like a flash in a pan, as the protocol tends to fail with time. The failure of these systems buttresses the point “If an investment opportunity sounds too good to be true then it’s more likely to fail in the nearest future”. Many DeFi projects have surfaced and collapsed due to the poor structure of the protocols governing them, leading to huge loss of funds. Just recently, the news of Yam Project went viral, which led to the loss of about $750K amount of funds.
Amidst all these glooms of losing funds with “so-called” DeFi projects, there are equally good and working ones that have been in the system for a very long time and working towards creating a decentralized and community governed financial ecosystem. The Revelation Coin Project has been operating based on the principles of decentralized finance, even before the hype name DeFi came out and has put in features to ensure the sustainability of this system.
The Systems Governing Revelation Coin Project
The rising inflation and devaluation of currencies across the world bring to light the inevitable failure of fiat currencies as a method of payment. Just as Satoshi Nakamoto inspired the development of decentralized systems, the team members are inspired based on blockchain technology to create a financial ecosystem that is self-sustainable to be used as a payment method for the exchange of goods and services. I bring to you the Revelation Coin Bartering System, together with its native Revelation Coin. The Bartering System introduces the REV Xtras in addition to the flagship coin called REV Coin. The REV Xtras consists of REV Diamond, REV Platinum, REV Gold, REV Silver which have different amounts. REV Xtras are also not meant for sale, but rather are distributed to holders of REV Coin on the 7th of each month. The allocations of distributions are clearly explained in the recent release, exposing the unique features of the Revelation Coin Project.
The purpose of having this bartering system is to enable members to transact with higher value cryptocurrencies with ease and on the go. To achieve this, the team plans on leveraging on the fast space development of mobile phone technology and optimize blockchain ledgers suitable for high tech phones, that will be developed in the future. The team envisions a time where they would develop their own Revelation Coin Blockchain upon which the REV Xtras will also be integrated. The reason behind this is to have a truly decentralized network, where everyone can contribute to the security and sustainability of the network to withstand any attempts of 51% attack or single point of failure.
Though the Revelation Coin Project has Ethereum as its mother network, it has extended its reach to other blockchain communities such as Litecoin, Waves, Tron, and SLP (Bitcoin Cash) Networks and have mint some of the REV Coins on these networks. Some crypto enthusiasts are maximalists of their blockchain network, hence through this process all these users can have access to REV Coins and its REV Xtras, without necessarily having to switch unto the Ethereum network. However, for every amount of REV Coin that is minted on any of these networks, equal amount of the flagship coin is also burnt to keep the total supply of REV Coin always at 21 billion. Below are details of the Cross-Chain minting of REV Coins that deployed on the various networks and the portions allocated. An amount of 300 million REV ERC-20 coins were burnt, whilst 100 million was minted each on Tron, Waves, and Bitcoin Cash blockchain networks.
How Decentralized is this Project?
Right from the onset of this project, no amount of token was sold to anybody, but rather conducted several community giveaways through which portions of the coins were airdropped to members. In addition, active community members through their active participation in community discussions were also rewarded for their continuous support. One thing you don’t overlook in this industry is the support of the community and Revelation Coin Project, through every initiative of its rewards, honors its community members.
Not only are community members rewarded, but their contribution in the form of discussions is also taken into consideration when coming up with developments and releases concerning this project. Considering the long-term goals of the project, it is still at its early stages to get on board and get yourself Revelation Coins at a very cheap price at the moment and stand the chance of being rewarded with REV Xtras.
Conclusion
The 2017 ICO era came with so many hypes of blockchain-based projects, but statically most of them have become white elephants now leaving their investors with debts. It will be prudent enough not to fall for the current promises of insane returns on investments, as most of them have started collapsing. Rather join the quest of a united community who are creating a sustainable financial ecosystem for themselves pending the imminent global financial control in the future.
Follow up on developments of the project with the official links below:


