Helping the token economy
scale to the next level.
What is Rigoblock?
Rigoblock exists to reinvent the asset management industry making it accessible to everyone, enabling full transparency and empowering rigorous meritocracy.
We aim to create a new generation of traders and a new level of asset management system. Simple, transparent, meritocratic and democratic.
The future of value
With the emergence of token-based markets,
it is pivotal to create, organize and maximize new forms of value, through efficient, effective and transparent asset management protocols.
Rigoblock reinvents the way of capturing, developing and managing the new tokenized assets making it accessible to everyone.
Infrastructure for decentralized
Rigoblock is a blockchain protocol that makes it possible for anyone to set up and run a decentralized token pool. The software is modular and abstract so that any developer can personalize it, building their own applications.
The Rigoblock platform is built on top of the protocol.
04. PROOF OF PERFORMANCE
Fair for all
Traditional asset management is based on fees – management fees and performance fees. Rigoblock rewrites the rules, putting the network in charge.
Proof-of-Performance is an algorithm that rewards operators based on the assets and the performance of the pools they are running. Pools operators are rewarded in GRG tokens, an ERC-20 compliant token native to the Rigoblock protocol.
We have created a bullet-proof pooled tokens management system.
We lower the barriers to entry into asset management.
We provide a completely decentralized framework.
We encourage passion and talent in trading.
We offer an effective reward mechanism instead of traditional fees.
We stick to our commitments and always act coherently.
Helping to organize tokens
Blockchains are being recognized as a more secure and efficient way of transferring value. With the emergence of a token based economy, it is critical to build standards for organizing value in the form of tokens.
We have seen networks, marketplaces and standards for exchanging value. Yet no viable protocol for organizing value exists.
02. GRG TOKEN
The asset management token
The GRG token is at the basis of the incentives of the RigoBlock network. 10,000,000 GRGs are initially created. 3,000,000 GRGs are distributed during a public contribution period. Participants to the token sale are subject to KYC/AML checks.
03. GRG UTILITY
The use of the GRG token
The GRG token is an utility token, compliant with Swiss regulatory requirements. The GRG token serves the 3 following purposes: access, incentives and governance.
GRG as the access token
Users looking to access the portal https://beta.rigoblock.com are required to hold 1 GRG token. This limits the access of malicious actors to the portal and is a safeguard measure for the users.
GRG as the basis
of the incentives mechanism
The Proof-of-Performance algorithm automatically rewards the pools operators. In order to qualify for the reward, each pool operator must hold a dynamic minimum amount of GRG tokens.
GRG as the basis
for optimal governance
The parameters of the Proof-of-Performance algorithm, which determine the resulting overall inflation, are set by the token holders. The rationale is based on game theory: token holders have an incentive to set the parameters to 0, in order to create 0 inflation. Since the algorithm provides continuous incentives for further development of the ecosystem, however, the GRG token holders have the incentive to set the minimum parameters which allows for optimal network operations.
Read more in the Bluepaper
You can read more in the RigoBlock Bluepaper.