Convert and Swap RIKEZA RIK to Indian Rupee INR
RIK/INR: 1 RIKEZA equals ₹0.0020 INR
RIKEZA (RIK) is not tradable on Coinbase.
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Last update: 11:28 AM, December 23, 2024
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RIKEZA is falling this week.
The current price of RIKEZA is ₹0.0020 per RIK. With a circulating supply of 0 RIK, it means that RIKEZA has a total market cap of ₹0.00. The amount of RIKEZA traded has fallen by ₹81,294.75 in the last 24 hours, which is a 1.71% decrease. Additionally, in the last day, ₹4,754,098.29 worth of RIK has been traded.
About RIKEZA
RIKEZA (RIK) is a decentralized, peer-to-peer (P2P) digital asset and payment network underpinned by an open-source blockchain protocol. It aims to provide an alternative to traditional cryptocurrencies for mass adoption, striving to evolve as the foundation of a new, global, digital crypto-based economic system. RIK operates on a Proof of Authority (PoA) consensus system, which supports short block time and lower fees. This system allows the most bonded validator candidates of staking to become validators and produce blocks. RIK also supports Ethereum Virtual Machine (EVM)-compatible smart contracts and protocols, enabling cross-chain transfer and other communication due to its native support of interoperability.
RIKEZA operates on a PoA consensus system, which supports short block time and lower fees. The most bonded validator candidates of staking become validators and produce blocks. The double-sign detection and other slashing logic ensure the security, stability, and chain finality of the network. RIK also supports EVM-compatible smart contracts and protocols, which means it can interact with the rich universe of Ethereum tools and DApps. This compatibility allows developers to port their projects over from Ethereum with ease. RIK also has native support for cross-chain transfer and other communication, making it possible for assets to move between chains.
RIKEZA aims to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner. Users can send and receive RIK, issue new tokens to digitalize assets, and use Rikeza Chain as an underlying exchange/transfer network for these assets. For developers, RIK offers smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). This compatibility allows developers to port their projects over from Ethereum, and for users, it means that applications like MetaMask can be easily configured to work with RIK. Developers can also issue new tokens to digitalize assets, run a full node to listen to and broadcast live updates on transactions, blocks, and consensus activities, and develop wallets and tools to help users use Dapps.
RIKEZA (RIKEZA Blockchain Ltd) was launched in November 2021 by Mohit Shukla and his team, who are experienced blockchain developers and business consultants. The team included Akshay Kumar, a full-stack developer and blockchain engineer, who played an integral role in implementing Web3. Mohit Shukla, the founder and Chief Executive Officer of Rikeza, is a blockchain programmer and entrepreneur. Before jointly starting Rikeza Blockchain Ltd., Mohit Shukla had served as the Director of Study'n'Learn, and the Chief Executive Officer of P2P Software's. The Rikeza Chain relies on a system of PoA consensus that can support short block time and lower fees. The most bonded validator candidates of staking become validators and produce blocks. The double-sign detection and other slashing logic guarantee security, stability, and chain finality.
How RIKEZA and Indian Rupee differ
RIKEZA (RIK) and the Indian Rupee (INR) are two distinct forms of currency, each with its unique characteristics. RIK is a decentralized, peer-to-peer digital asset that operates on a Proof of Authority (PoA) consensus system, enabling short block time and lower fees. It aims to provide an alternative to traditional cryptocurrencies, striving to become the foundation of a new, global, digital crypto-based economic system. RIK also supports Ethereum Virtual Machine (EVM)-compatible smart contracts and protocols, facilitating cross-chain transfers and other communications due to its inherent interoperability. On the other hand, the Indian Rupee (INR) is a traditional, centralized currency regulated by the Reserve Bank of India. It operates within a physical and digital banking system, with its value influenced by economic factors such as inflation, interest rates, and trade balances. Unlike RIK, INR does not support smart contracts or cross-chain transfers and is not underpinned by blockchain technology.
Frequently asked questions
How much is 1 RIKEZA in INR?
Right now, 1 RIKEZA is worth about ₹0.002.
How much RIK could I buy for 1 INR?
Based on the current rate, you could get 504.49 RIK for 1 INR.
How much has the price of RIKEZA changed?
RIKEZA price has been declining. Since yesterday, the exchange rate of RIKEZA has decreased. Since last month, the exchange rate of RIKEZA has increased. Since this time last year, the price of RIKEZA has decreased.
How do I calculate or convert RIK to INR?
You can use our RIK to INR calculator at the top of this page to convert any amount of RIK to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 2,522.43 RIK. Inversely, 5 RIK will cost about ₹0.0099
How can I buy 1 RIKEZA on Coinbase?
RIKEZA is not currently available through Coinbase, but you can sign up to get the latest news on RIKEZA and be notified when it is available.
What are assets similar to RIKEZA that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to RIKEZA, including Uni Terminal, New Cat, and Kurrent. For a more robust list of assets to explore, jump to the asset page dedicated to RIKEZA.
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RIK to Indian Rupee conversion tables
The exchange rate of RIKEZA is decreasing.
The current value of 1 RIK is ₹0.00 INR. In other words, to buy 5 RIKEZA, it would cost you ₹0.01 INR. Inversely, ₹1.00 INR would allow you to trade for 504.49 RIK while ₹50.00 INR would convert to 25,224.32 RIK, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.93%. Meanwhile, in the last 24 hours, the rate has changed by 2.86%, and that the the highest exchange rate of 1 RIK to Indian Rupee was ₹0.0020 INR and the lowest 24 hour value was 1 RIK for ₹0.0020 INR. This time last month, the value of 1 RIK was ₹0.00 INR, which is a 125.81% decrease from where it is now. Looking back a year, RIKEZA has changed by ₹0.00 INR. That means that in a single year, the value of RIKEZA has shrank by 53.13%.
RIK to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹0.0020 INR | -2.86% | ₹0.0027 INR | -26.93% | ₹0.000871 INR | 125.81% | ₹0.0042 INR | -53.13% |
RIK to INR
Amount | Today at 11:28 am |
|---|---|
0.5 RIK | ₹0.0010 |
1 RIK | ₹0.0020 |
5 RIK | ₹0.0099 |
10 RIK | ₹0.0198 |
50 RIK | ₹0.0991 |
100 RIK | ₹0.1982 |
500 RIK | ₹0.9911 |
1,000 RIK | ₹1.9822 |
INR to RIK
Amount | Today at 11:28 am |
|---|---|
0.5 INR | 252.24 RIK |
1 INR | 504.49 RIK |
5 INR | 2,522.43 RIK |
10 INR | 5,044.86 RIK |
50 INR | 25,224.32 RIK |
100 INR | 50,448.65 RIK |
500 INR | 252,243.23 RIK |
1,000 INR | 504,486.46 RIK |
Today vs. 24 hours ago
Amount | Today at 11:28 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 RIK | ₹0.000991 | ₹0.0010 | -2.86% |
1 RIK | ₹0.0020 | ₹0.0020 | -2.86% |
5 RIK | ₹0.0099 | ₹0.0102 | -2.86% |
10 RIK | ₹0.0198 | ₹0.0204 | -2.86% |
50 RIK | ₹0.0991 | ₹0.10 | -2.86% |
100 RIK | ₹0.20 | ₹0.20 | -2.86% |
500 RIK | ₹0.99 | ₹1.02 | -2.86% |
1,000 RIK | ₹1.98 | ₹2.04 | -2.86% |
Today vs. 1 month ago
Amount | Today at 11:28 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 RIK | ₹0.000991 | ₹0.000439 | +125.71% |
1 RIK | ₹0.0020 | ₹0.000878 | +125.71% |
5 RIK | ₹0.0099 | ₹0.0044 | +125.71% |
10 RIK | ₹0.0198 | ₹0.0088 | +125.71% |
50 RIK | ₹0.0991 | ₹0.0439 | +125.71% |
100 RIK | ₹0.20 | ₹0.0878 | +125.71% |
500 RIK | ₹0.99 | ₹0.44 | +125.71% |
1,000 RIK | ₹1.98 | ₹0.88 | +125.71% |
Today vs. 1 year ago
Amount | Today at 11:28 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 RIK | ₹0.000991 | ₹0.0022 | -54.02% |
1 RIK | ₹0.0020 | ₹0.0043 | -54.02% |
5 RIK | ₹0.0099 | ₹0.0216 | -54.02% |
10 RIK | ₹0.0198 | ₹0.0431 | -54.02% |
50 RIK | ₹0.0991 | ₹0.22 | -54.02% |
100 RIK | ₹0.20 | ₹0.43 | -54.02% |
500 RIK | ₹0.99 | ₹2.16 | -54.02% |
1,000 RIK | ₹1.98 | ₹4.31 | -54.02% |
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