CRYPTO & BLOCKCHAIN ASSET EXCHANGE/TRADE
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Rigoblock

Key People

Gabriele RigoSMART CONTRACT R&D

Hanna KeskinOPERATIONS & PR

David FavaUX & UI LEAD

Paolo LongatoALPHA TESTER

Matteo PetraniEXPERIENCE DESIGNER

Luca del BiancoFULL-STACK WIZARD

Federico ObialeroFULL-STACK DEVELOPER

Nathalie CadliniSOCIAL MEDIA MANAGER

RigoblockFunctional Token

Rigoblock is a blockchain protocol that makes it possible for anyone to set up and run a decentralized token pool.

Symbol: GRG rigoblock.com

18 Dec 2018 - 19 Jan 2019

RIGOBLOCK.COM is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications for asset management (the “RIGOBLOCK.COM Software”). This is achieved through an operating system-like construct upon which applications can be built. The software consists of a protocol of smart contracts which makes it easy for developers to create their own asset management application, leveraging a ready-made infrastructure and an innovative rewards mechanism which eliminates management fees and performance fees.

Rigo Investment Sagl, a Swiss company, is building the RigoBlock Protocol. With employees and advisors based around the world, the company focuses on business-grade technology solutions, including blockchain software development.

Interoperability and flexibility

The RigoBlock protocol is designed to work together with open platforms and protocols, leveraging on external marketplaces for user adoption and token swap execution. The modular structure, which allows external developers to fully customize the structure of the protocol and still be able to leverage on the native incentives mechanism, allows for unprecedented flexibility in the development of applications for asset management.

Token Details

GRG tokens are ERC-20 compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the “GRG Tokens”). GRG Tokens are needed by the Wizards to participate to the incentives mechanism and by the platform users to unlock access to premium services.

A total of 10,000,000 GRG Tokens have been created at the genesis block. 3,000,000 will be distributed to the public during a public sale for a duration of 30 days. New GRG tokens are distributed according to the Proof of Performance algorithm.

New tokens are generated according to the Proof-of-Performance algorithm and distributed to managers of the token pools as a rewards mechanism. Wizards looking to collect GRG tokens as the Proof-of-Performance rewards must hold a minimum amoung to GRGs set by the token holders. Users must hold a minimum amount of GRGs in order to access premium features like performances, analytics. Any platform built on top of the RigoBlock protocol can use GRGs to reward their users.

GRGs will be distributed 30 days after the end of the public sale, which will start in December 2018. Whitelisted users receive 1 GRG token, which is required to access the RigoBlock portal beta.rigoblock.com