Ritual mainnet launches and introduces RITUAL，Coinbase commences its first exchange listing

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Ritual mainnet launches, with its native token RITUAL launched simultaneously and listed on Coinbase According to BlockBeats,October 27，Ritual Foundation announced that the Ritual mainnet has officially launched, with its native token RITUAL launched simultaneously and commencing its first exchange listing on Coinbase.

According to the introduction, Ritual is designed to support the autonomous operation of on-chain AI Agent. Agents can hold their own keys and pay computing costs for inference,API calls, scheduled tasks, and more by earning revenue; execution nodes provide computing services and receive token rewards, while validators coordinate tasks and settle transactions.

Regarding tokenomics,RITUAL is used to pay network Gas fees and related service fees. Its total supply has no cap and operates through ongoing issuance combined with the burning of base transaction fees. The project team stated that tokens held by insiders will be locked for at least 1 years from the Ritual mainnet launch and cannot be staked during the lock-up period.

In addition, the project team will distribute 50000000 tokens of RITUAL, representing 0.5%of the initial supply, to eligible Infernet operators, Frenrug users, and long-term community members, with all tokens unlocked at launch. For cross-chain operations, LayerZero provides RITUAL cross-chain services. Tokens bridged out of Ritual will be locked on the original chain, and this will not create new token supply.

Original link:https://m.theblockbeats.info/flash/373804

Key points

BlockBeats stated that October 27 Ritual Foundation announced the official launch of the Ritual mainnet.
The native token RITUAL was launched simultaneously and has commenced Coinbase its first exchange listing.
Ritual is designed to support the autonomous operation of on-chain AI Agent.
RITUAL is used to pay network Gas fees and related service fees, and its total supply has no cap.
The project team stated that tokens held by insiders will be locked for at least 1 years from the Ritual mainnet launch and cannot be staked during the lock-up period.
The project team will distribute 50000000 tokens RITUAL, representing 0.5%of the initial supply, to eligible Infernet operators, Frenrug users, and long-term community members, with all tokens unlocked at launch.
LayerZero provides RITUAL cross-chain services, and tokens bridged out of Ritual will be locked on the original chain.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Ritual has launched its own blockchain network and token RITUAL. The token can be used to pay network fees, and the network also involves roles such as AI Agent, execution nodes, and validators.

Why it matters to readers

The mainnet launch means that the Ritual network has begun operating;RITUAL has commenced its first exchange listing on Coinbase, increasing its availability on exchanges. Ongoing issuance, allocation unlocks at launch, and token utility are mechanism-related information to monitor going forward.

Beginners should focus on key points: a mainnet is the formal operation of a project's network, Gas fees are charges for network operations, and token unlocks may affect the amount in market circulation.

Risks and unknowns

The evidence is based on BlockBeats' account of a post by Ritual Foundation, and no independent verification materials are provided in the evidence.
The evidence does not specify Coinbase which trading pairs are specifically supported, the trading status, or the scope of availability.
The evidence does not provide data on network usage, validators, or execution-node operations after the mainnet launch.
The evidence contains both “October 27” and the publication time “2026-10-26”; the relationship between the dates requires verification.

Ritual mainnet launches and introduces RITUAL，Coinbase commences its first exchange listing

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