California based Cryptocurrency company RIVE Coin is set to make history

May 13, 2021



San Francisco, California May 13, 2021 (Issuewire.com) - The next generation of cryptocurrency has arrived and it's called RIVE COIN.

Who or what is Rive Coin? Let's first talk about the creator of Rive Coin James Lee Hardman Jr. James is an entrepreneur, that has done notable work in the film industry, sport management, and brand development. You may ask yourself what's his relevance within the tech world? James created Fightmobi, an app and website that displays rankings, connect combative athletes and fans based on social media for entertainment purposes. Fightmobi was the fastest growing social media network built exclusively for the fight world. It's the fastest growing social media platform ever with over 1M Daily users after only a month of its release. It was eventually sold to a private party for an undisclosed amount. Fast forward to now, James is now making history having the trifecta in cryptocurrency with Rive Coin.

For those who are unfamiliar with Cryptocurrency, it's a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You'll need to exchange real currency for the cryptocurrency to access the good or service.

The company has RIVE Blockchain, which means all of their products are built on their state of the art blockchains.

RIVE Coin also has RIVE MONEY which is a peer to peer crypto sending, lending, and payment app powered by RIVE. Peer-to-peer exchanges are marketplaces where people can trade crypto directly with each other. They provide a technical platform on which buyers and sellers can settle trades on their own terms. Unlike traditional exchanges, they don't process any fiat payments or hold users funds in custody.

This light setup allows them to operate in virtually any country and be subjected to much less regulation than normal cryptocurrency exchanges.

RIVE WALLET is also a part of Rive Coin, which means they keep your cryptocurrency safe. What is a cryptocurrency wallet? A cryptocurrency wallet is an app that allows cryptocurrency users to store and retrieve their digital assets. As with conventional currency, you don't need a wallet to spend your cash, but it certainly helps to keep it all in one place. When a user acquires cryptocurrency, such as bitcoins, you can store it in a cryptocurrency wallet and from there use it to make transactions.

For more on Rive Coin, you can go to their website by going to www.rivetrade.com and on their Instagram @getrivecoin.

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This article was originally published by IssueWire. Read the original article here.

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