Release Project Price (REL)

Release Project (REL) is a social commerce platform functioning with blockchain technology. Reliable information and proper evaluation are expected to transform the future of social networking services. Release Project aims to stand out as a 'Food social commerce' pairing online food market and social media. The platform seeks to modify fishery and agricultural logistics all across the world. 

The platform launches Release e-commerce, an online food market, encouraging sellers to register, enlist, and gather all freshly harvested ingredients and products on the application. The project encourages sellers to photograph fresh fruits, vegetables, shellfish, fish, and other products to function better as a virtual store. Photographing products help consumers locate the sellers too. Details including the origin, weight, size, and market price of the food product are automatically filled on the platform. Once the product is ready to be traded, the platform sends out notifications on smartphones. Thus, Release Project aims to upgrade the commercial activity of conveniently transporting goods to consumers. The platform notifies registered delivery service employees to pick the ingredients from the seller and promptly deliver the goods to the nearest transport company. 

With a vision to develop the e-commerce platform, Release Project runs on Amazon Web Services (AWS) server. The platform combines artificial intelligence, big data analysis, and machine learning to create marketing strategies, forecast trends based on consumers purchasing history, and provide optimal information to customers. Release online food market utilizes a smart contract system to automate all processes, right from displaying the products to delivering the goods. 

The Release Project employs REL cryptocurrency as the platform's utility token. REL is an ERC-20 token created on the Ethereum blockchain. Users can utilize REL to purchase products, services, skills, and more, showcased on the Release platform. Users can also redeem the points earned for adding valuable posts in exchange for REL. The Release Project enables users to publish high-quality posts while allowing viewers to assess and verify the information. The platform rewards both contributors and assessors with points.

Release Co. Limited introduced the Release Project in May, 2018. Tatsuo Kanai, an experienced professional in internet media, is the company's CEO. The Release Project whitepaper was last updated on June 11, 2021. 

The total supply of the Release Project token is one hundred billion REL. 

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