About Release Project
‘Release’ aims to combine social media and e-commerce, to provide a robust social commerce platform that is distributed and decentralized in nature. It can be considered as a blockchain-based marketplace which brings buyers and sellers under the same platform through a social ecosystem where everyone has access to authentic information. The project has utilized cutting-edge technologies like Big Data and Artificial Intelligence to develop a robust, safe, secure, and transparent social commerce platform.
‘Release’ is powered by its native token named REL, using which token holders will be able to access all features on the platform. These tokens will further be useful to purchase services, skills, products, etc., and exchange them with multiple virtual currencies when listed on the exchange.
Release Coin (REL) Issuance and Features
The REL tokens issued by the Release Project were issued using “ERC20” technology built on the Ethereum-based blockchain.
REL tokens can be used to purchase services, shopping, skills and more within the RELEASE platform, and can also be exchanged for ETH, BTC and USD on cryptocurrency exchanges.
Release Coin (REL) is the UK’s HotBit and Switzerland’s p2pb2b We have been listed on cryptocurrency exchanges. We are considering listing on a higher exchange in the future.
Applications of The Release Project
On a wider spectrum, the Release platform will facilitate e-commerce activities through a social community for several industry sectors. However, when it comes to e-commerce, agriculture and fishery industry has a huge potential to scale at a global level. Having said that, there are two major issues that are hindering the growth of this sector in e-commerce - logistical efficiency and price fairness.
‘Release’ has developed a social commerce architecture that will help in transforming the world’s agriculture and fisheries logistics. Moreover, sellers will be able to decide on the spot prices of freshly picked vegetables, fruits, fishes, shellfishes, etc. while selling to a general buyer. This can potentially solve the major concerns in this industry and optimize it massively - for the benefit of both buyers as well as sellers. Moreover, the fact that this social commerce platform eliminates the role of middlemen further strengthens the scope of agriculture and fishery in e-commerce.
Release Coin (REL) Token Allocation
We, the Release Project, are the ERC20-based “Release Coin ( (REL) tokens” as the total amount of 100 billion issued.
- Development team and advisors - (20%) - 20 billion tokens
- Communities and Strategies - (10%) - 10 billion tokens
- Token sale - (15%) - 15 billion tokens
- Bonus - (5%) - 5 billion tokens
- Liquid market tokens - (50%) - 50 billion tokens
The REL token, originally issued by the Release Project, is listed on the cryptocurrency exchanges HotBit and p2bb2b.
Release Project Articles
- Business Insider
- Yahoo Finance
- Digital Journal