The Receive Access Ecosystem (RAE) token is a financial instrument for transferring value to content providers. The RAE token was fairly launched in April 2019 without an ICO, premine, or founder’s reward. Rokfin is a direct-to-consumer subscription platform that leverages the RAE ecosystem to correctly attribute all the value brought by content providers and brings a digital platform to the content network. Rokfin enables content providers to join a bundled subscription service and reach a wider audience. This service allows content providers to easily build recurring revenue, win customer relationships, and view data on how their content impacts customer lifetime value on the platform.
The RAE ecosystem employs a minting and burning model. For every dollar of subscription revenue, an equivalent amount of RAE tokens is burned upon each new subscription or renewal. The burning process transfers the full value of fiat currency subscriptions into RAE tokens.