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RiseUp releases the world’s first crypto anti-scam application on Android

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An innovative project that aims to make the crypto industry a safer space for investors, RiseUpV2, has launched a unique mobile application on Android. The application allows users to screen smart contracts and wallets on the most widely used blockchains including Ethereum, Binance Smart Chain, and Polygon. 

RiseUpV2 is a DeFi (decentralized finance) project that has developed a unique in-built technology – Rug Screener. It helps investors to swiftly receive key information about any project, and facilitate a faster research process. The Screener shares Smart Contract details, Contract Creator, Total Supply, Total Holders, Liquidity, Website, Social Media Platforms, Amount of Tokens Burned, Honey Pot Warning, and Top Holders. The application will now allow traders access in just a couple of clicks and will also share information about the Creator’s Wallets such as transactions and balance. 

The cryptocurrency industry has rapidly expanded in recent years, reaching a $3 trillion market cap in 2021. While the world has seen a number of innovative projects come to life, scammers were not too far behind. It is estimated that crypto fraudsters got away with approximately $14 billion in 2021 alone. As the industry continues to be saturated with countless projects, it becomes difficult for newcomers and even experienced investors to do required due diligence. 

Understanding the alarming issue, RiseUpV2 has built the Rug Screener and has been offering the protective suit of armor on their Telegram channel for several years. The launch of the mobile application is an important strategic milestone for the team. The program can now offer insights into Wallets as well as Smart Contracts. Making it available in the form of an application simplifies the process even further and improves the overall user experience. 

Once downloaded from Google Play, the users will be prompted to connect their wallets in order to access the application. The user must have at least 2 million RIV2 tokens in their wallet (approximately 5 U.S. Dollars). If the condition is met, the application will thank the user for supporting the project and lead to the main page, where a Smart Contract or Wallet address in question can be inputted. The minimum balance requirement also serves as a positive sign to the investors who are supporting RiseUp, as the token offers yet another utility and signals for its long-term growth. 

As the cryptocurrency industry continues to grow, the issue of scammers becomes more and more prevalent. RiseUpV2 are leading the way in making the industry a safer and more lucrative space for new and experienced investors. 

About RiseUp

RiseUp V2 is a DeFi project that aims to make crypto a safer space for investors as well as provide them with avenues of passive income. It has developed a unique in-built technology – Rug Screener, to deliver on its promise to make the crypto space safer and more secure. 

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Disclaimer: This is a paid post and should not be treated as news/advice.

With Masters in Mass communication and journalism, Anjali's interests lie in blockchain technology adoption across emerging economies.

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Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.