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What Value does the Red Box Dapp Token Have? — Market Mad House | by Daniel G. Jennings | The Capital | Aug, 2020

The Red Box Dapp (RBD) is one of several cryptocurrencies trying to monetize digital robots.

The plan at Red Box is to create ecosystems around RBD. The RBD will provide the funds and smart contracts that operate the ecosystems.

The hope at Red Box is to create a blockchain platform that could integrate financial markets and the Internet of Things (IoT). I think the final goal could be a financial ecosystem in which a business could pay industrial machines in RBD for finished products.

Red Box claims there is a total supply of 600 million RBD tokens. Red Box claims Smart Contracts will operate 300 million of the RBD tokens.


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