RigoBlock
What is RigoBlock about?
Rigoblock is a blockchain protocol that makes it possible for anyone to set up and run a decentralised token pool. Offering modular and abstract software, Rigoblock enables any developer to personalise the blockchain protocol and build their own applications. Coupled with their proof-of-performance algorithm which rewards operators based on the assets and performance of the pools they are running, Rigoblock turns the traditional model of asset management on its head, eliminating management fees and performance fees from the funds.
What are the value drivers behind the token price of GRG?
The main value drivers behind GRG token price are the demands for access to the portal, incentive mechanism and governance. These mechanisms work as following:
Users looking to access the portal 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.
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.
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 and maximize the token’s unitary value. However, since the RigoBlock protocol has a model which continuously puts in circulation 5% of the newly generated tokens, which are used to further develop the ecosystem and attract external actors, the GRG token holders have an incentive to set the minimum parameters which allow for optimal network functioning.
RigoBlock ICO Roadmap
Concept Originated
Whitepaper Released
Public Alpha
Launch of our Vaults
Connect External Liquidity Providers
GRG Token Public Sale
