REV issuance for RHOC holders
In 2017, the RChain Cooperative created RHOC tokens and sponsored a private sale. At the launch of main net, planned for Q2 of 2019, there will be an issuance of REV at a 1:1 ratio based on a holder’s RHOC balance. REV will be the currency of the RChain blockchain. Among other things, REV will allow you to bond a validator’s stake, pay transaction fees, and deploy smart contracts on the new RChain blockchain. If you’re interested in building your own RChain-based dApp, you will need to acquire REV in order to do so.
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