What RECT token is?
RECT token is a new TRC20 cryptocurrency. Buying, selling, and transferring RECT tokens take place in the official Telegram bot only. The creators have set themselves the task of creating an anonymous Telegram-integrated payment system. RECT’s main goals are to pay for services, goods, and transfer funds between Telegram users. Telegram is known as the most secure and anonymous messenger. After recent world events, its popularity is growing day by day.
The prerequisites for the RECT token to become a currency of drug dealing.
In March 2022, the largest drug store on the darknet, H*, was shut down. H” was an entire social network. With its reputation, communication, and user support. After the confiscation of H’s servers, there was a real upheaval in drug dealing. H** was keeping all transactions anonymous and secure for both sides. What were all the dealers and buyers forced to do? Of course, to move to Telegram. This scheme is popular in ex-USSR countries so it is the reason a lot of Russian-speaking auditories are using RECT.
A scheme of drug distribution in all post-Soviet countries.
The scheme of drug sales in post-Soviet countries is simple but subtle. The seller accepts payment, then gives the coordinates of the location where the goods have already been hidden. The buyer receives this information and simply picks up his drugs, which can be hidden anywhere in the city.
Why is RECT becoming the main currency of all drug deals?
There are several key reasons why the RECT token has become so popular in drug trading.
1. All RECT transactions take place within the Telegram bot. The buyer purchases the RECT token in the official RECT bot, then, using a P2P transfer sends the money to the seller which is also a bot user. Once the deposit is made, it becomes impossible to track the movement of funds between internal RECT wallets. It is not even displayed in Tronscan.
2. The requirement of documents for registration on exchanges and apps (e.g. Binance, TrusWallet) makes both buyers and sellers treat with caution. RECT bot does not require any documents.
3. P2P transfers in the RECT system take 1–3 seconds. Buyers and sellers don’t have to wait for confirmation.
What makes the RECT token grow more and more?
We’ve seen incredible exchange rate growth over the past few days. The demand for this currency among buyers and drug dealers provokes unprecedented growth of 5–8%. So what are drug wholesalers doing with the RECT token? In the roadmap, we see RECT’s plans for listing on the major exchanges. The biggest sellers keep the coins in their wallets inside Telegram and as soon as RECT gets listed on exchanges, they can easily convert it into other tokens, earning even more.
So, having sold a product at the beginning of July for $100, today it already costs $235 (+135% in 30 days). Dealers have sold more than twice as much.
Some drug buyers also invest in RECT and pay with them for dirty goods understanding the fact that RECT will cost much more in near future.
What do The Creators of The RECT Token Say?
Founder and ideological inspirer of RECT Petr Brave: “We could never expect and never suspected that our brainchild would be used for such purposes. We monitor the situation 24/7 and see a trend of growth in both exchange rates and demand. On the one hand, this situation brings a smile to the faces of our investors, on the other hand, it brings tears to addicts, their friends, and relatives. But RECT has never been and will never promote drugs. We will continue to develop our project, but try not to get involved in dirty machinations.”