Restore Truth Token
CRYPTO EDUCATION
The nature of Restore Truth Token’s utility means we’re often an individual’s entry point into crypto. We understand that crypto can be confusing when you first enter the space, so we’ve created some FAQs which we think will help you get up to speed with all you need to know.
RTT can be bought through PancakeSwap, or Uniswap. Here is a helpful how-to video showing you how to purchase RTT. Please note, you will need either Bnb (Bep20) or Etheruem in your wallet in order to complete your purchase.
RTT can be sold through PancakeSwap or Uniswap.
You can now stake your RTT to earn more!
- 60 day pool will be locked for 45 days
- 90 day pool will be locked for 60 days
Stake RTT to be rewarded in RTT
To stake your RTT you must connect your wallet to the staking site:
- Determine what kind of wallet you want to use (Hardware, desktop or mobile)
- Buy or download your wallet.
- Install the software.
- Set up the account and security features.
- Deposit your cryptocurrency.
There are many different wallets you can choose from: Coinbase, Metamask, SafePal, Trust Wallet. The list goes on. Within our ‘how to buy RTT‘ video we detail how to purchase bnb through SafePal.
A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files. Access to any copy of the original file, however, is not restricted to the buyer of the NFT. While copies of these digital items are available for anyone to obtain, NFTs are tracked on blockchains to provide the owner with a proof of ownership that is separate from copyright.
To make the transaction, a digital wallet is required, though not just any wallet. Not all wallets can support NFTs, so ensure you find one that does. Once set up, it needs to be filled with cryptocurrency. At that point, any NFT that you have the money for can be bought using the wallet. The sale will then be permanently logged on the blockchain and the NFT will appear in your wallet once the sale is verified.
Using OpenCanvas, you’re able to bid on NFTs, offer swaps, and trade at your leisure. We’ll be created an easy to follow how-guide as we near the release of our first collection.
No. You can hold your NFTs in any compatible wallet. Metamask is a popular wallet used by NFT traders as it allows you to visually see the NFTs stored in your wallet using its dedicated NFT tab.
Being part of the RTT Ecosystem can be achieved through a variety of methods. Just holding RTT ensures you’re a community member.
However, if you’d like to become an active community member, then please join us on Telegram in the official Restore Truth Token group or participate within the comments section on the DEFY News Network website.
Crypto charts are graphical representations of historical price, volumes, and time intervals. The charts form patterns based on the past price movements of the digital currency and are used to spot optimal buying opportunities.
RTT’s chart can be viewed on a selection of sites.
We recommend using:
- Bogged Charts to view RTT on SmartChain.
- DEXTools to view RTT on Etheruem.
If you’d like to read more about charts and how best to track and analyze them, this website gives a good overview.
We plan to support charities, organizations, and individuals that help progress the America First movement.
View our sponsor page for an updated list of those we’ve decided to support.
RTT Nation is an online show created by Restore Truth Token community member Chuck B.
The show which isn’t overseen by the RTT Core team, started as a live show on Telegram dedicated to RTT and its community. In just three months it transformed into its own lifeforce fully dedicated to RTT, world news, and figuring out the TRUTH about what is really going on.
The show can be viewed on YouTube, Rumble, and Twitch. You can find out more here.
Any factor that even remotely concerns the value of a crypto token should be taken into account when considering its tokenomics. Below we’ve rounded up a list of some of the key metrics you should check for when trying to decide a crypto token’s worth. Notably, most of the factors that make up a crypto’s tokenomics are usually found in websites like CoinMarketCap and CoinGecko.
1. The Allocation and Distribution of Tokens:
Check to make sure you know how a token is being distributed. There are two basic ways most crypto tokens are generated- they’re either pre-mined or released through a fair launch.
A fair launch is when a cryptocurrency is mined, earned, owned, and governed by the entire community. There’s no early access to the token or private allocations before making them public. On the contrary, pre-mining is when a number of the crypto tokens are generated and distributed among some exclusive addresses (usually project developers, other team members, and early investors) before going public.
Most crypto projects these days come with pre-mined tokens, so you must not be wary of a project simply because some tokens were minted before it went live. However, check if there’s any wallet that keeps hoarding a significant percentage of the circulating token supply, since this means there’s a huge risk of the whale dumping their holding and dropping the price of the token in an instant.
On the other hand, if the project is distributing their tokens to as many participants as possible, you can assume the project is a legitimate one, and genuinely cares about further development.
2. The Supply of the Token:
A primary component of a crypto’s tokenomics is the supply of it. Now, there are three types of supply you should check for when it comes to crypto. There’s the circulating supply, the total supply, and the max supply.
The circulating supply of a token is the number of tokens that have been issued so far and are currently in circulation. The total token supply is the number of tokens that exist at present, excluding any that might have gotten burned. And finally, the max supply of a token is the maximum number of tokens that can ever be generated. For some tokens, there’s no determined max supply.
If you notice the circulating supply of a particular token has been regularly increased by the project developers over time, you can assume that the value of the token will be going up in the future. On the other hand, if there’s too many tokens being released at once or too frequently, the value of the token might go down.
3. Market Capitalization:
The market capitalization of a token shows the entire amount of funds that have been invested in the crypto project so far. Along with market cap, you can also check the fully diluted market cap of a project, which is the theoretical market cap if the max supply of the token was already in circulation. This would give you a good idea of how you should value a token.
The higher a token’s market cap and lower its circulating supply, the more valuable it could be in the future.
Tokenomics is an incredibly important concept for you to understand when you’re trying to decide which crypto to invest in, since the factors included will definitely affect your investment. But do keep in mind that you should also seek answers to some other questions while trying to value a crypto.
For instance, you should look for details regarding the project’s team and the team members’ backgrounds, the token’s historical performance, its use cases, and if possible, data gained from technical analysis.