RAI Finance (SOFI)

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Description

RAI Finance (SOFI) is a cryptocurrency coin that was launched in November 2019 by a team of blockchain and finance professionals. Founded and led by a team of serial entrepreneurs, bankers, and marketing and product people, Rai is on a mission to create an accessible, sustainable, and efficient global digital financial ecosystem. The coin promises to provide low-cost, efficient and secure payments, investments and transactions through the use of blockchain and smart contract technology, with a goal of offering a comprehensive global financial system. Rai makes use of a multi-coin protocol (including ethereum, XRP, and Bitcoin, among others), enabling instantaneous, cost-effective digital payments and investments in fiat and crypto currencies. The coin is secured through a trustless proof-of-stake enabling algorithmic staking and validation of transactions. This feature ensures the security and stability of the coin as it powers the global digital financial platform. It also has a deflationary model, where a pre-defined portion of revenue would be destroyed as fees, which means that its supply is regulated and reduces in number over time. One of the unique features of Rai is its security-enabled infrastructure, making use of a consensus-based system to allow users to securely exchange their coins and assets. It is also focused on user-adoption and making the experience of investing in the platform easy, convenient and intuitive. Rai can be used to make payments and investments, to trade assets and even to purchase other cryptocurrencies with minimal fees and costs. It is listed on number of crypto exchanges such as Binance, Kraken, CoinEx and HotBit. Overall, RAI Finance (SOFI) is a cryptocurrency coin that seeks to create an accessible and efficient digital financial ecosystem through the use of blockchain and smart contract technology. With its algorithmic staking system, deflationary model and focus on user-adoption, Rai has the potential to revolutionize the way digital payments and investments are conducted globally.