# $RICE

`CA: H1CdcRSRLyKBntVpuSbie1ank1iJxjyTivRXAwqSbonk`

[Twitter](https://twitter.com/ricebonk) | [Telegram](https://t.me/ricereserve) | [Twitch](https://twitch.tv/thericereserve)

### **What is $RICE?**

**$RICE** is the first **commodity-backed memecoin** on Solana that's backed **1:1 with real grains of rice**.\
We bought [**400 lbs of Royal Basmati Rice**](https://x.com/ricebonk/status/1953936624037077487), each pound holding approximately **25,000 grains**, for a total reserve of **10,000,000 grains**.

That means:

\
**1 $RICE = 1 grain of rice.**

\
No fake promises. No fake hype. Just real value you can hold, trade, cook, or donate.

### **The Problem with Memecoins**

The average memecoin is backed by nothing but paid KOLs saying "good art funny meme, send it." (meanwhile they hold %26)\
They pump, they dump, and they leave holders with a 20lb bag full of regret and screenshots of green candles from 3 hours ago.

**$RICE** is built to be:

* **Transparent:** 100% of supply backed 1:1 by physical rice.
* **Redeemable:** Exchange **$RICE** tokens for real rice at any time.
* **Fun:** Let's see how the trenches will price 1 grain of rice.

### **Our Solution**

We created **The Rice Reserve ©**, a first-of-its-kind physical reserve for a memecoin.\
Every token corresponds to an actual grain of rice, stored, monitored, and livestreamed for the world to see.

Our mission:

> Bring physical backing and real value to memecoins, starting with the most essential commodity in human history. RICE.

### **Core Facts**

* **Ticker:** $RICE
* **Chain:** Solana
* **Total Supply:** 10,000,000 tokens
* **Backing:** 400 lbs (\~10M grains) of real rice
* **Redemption Rate:** 1 $RICE = 1 grain of rice
* **Launch Platform:** Bonk.fun
* **Reserve Location:** Palo Alto, CA


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