The Realio Network (RIO) is a platform that leverages blockchain technology to offer digital issuance, funding, and peer-to-peer trading services. It utilizes a modified distributed network to facilitate the seamless connection and distribution of decentralized communities.
With a focus on integrating regulatory compliance and decentralization, the Realio Network presents a comprehensive solution. It achieves this by employing a new, Web3-enabled Layer-1 blockchain within the Cosmos ecosystem.
What Is Realio Network?
Realio's platform utilizes blockchain technology to offer an integrated solution for managing digital securities and crypto assets' distribution, assets, and life-cycle. The platform combines high-end blockchain and cryptocurrency solutions for businesses with outstanding investment options and access to a fully decentralized exchange (DEX) that operates entirely on the blockchain.
At the core of the Realio Network is the RIO token, which serves as the utility token for the platform. It is crucial in facilitating various operations such as project creation, token issuance, fee transactions, and forum discounts within the Realio Network ecosystem.
History of Realio Network
The Realio Network was established in 2018 by Derek S. Boiron, the Chief Executive Officer, and Aaron Gooch, the Chief Technology Officer. In March 2020, the network published its whitepaper outlining its vision and goals. Over time, the Realio Network team has been dedicated to enhancing the platform by introducing various notable features. These include introducing a decentralized exchange (DEX) to facilitate seamless trading, implementing an efficient financial planning platform, and developing a comprehensive suite of reporting and analytics tools. These additions further enhance the capabilities and offerings of the Realio Network.
Realio Network utility token - RIO
The Realio Network platform utilizes RIO as its native utility token. The RIO token is a utility token that enables users to pay for transactions on the Realio Network, engage in the platform's administration, and access exclusive functions and content. The RIO token holds intrinsic value and has a limited supply. It is listed on multiple trading platforms, facilitating its availability for purchase and sale. The Realio Network itself is decentralized and specifically designed to facilitate the issuance and management of digital assets.
RIO's tokenomics
The RIO token operates with a maximum supply of 75 million tokens. It is actively traded on various exchange platforms, providing liquidity and accessibility to traders. As of now, the circulating supply of RIO amounts to 6,568,515 tokens.
How to stake RIO
To stake RIO tokens, follow these steps:
- Purchase RIO: Acquire RIO tokens through various exchanges where they are listed and available for trading.
- Select a Staking Pool: Choose a suitable staking pool from the available options. Multiple staking pools are currently available for RIO token holders.
- Delegate Your Tokens: Delegate your RIO tokens to the chosen staking pool. This can typically be done through a designated staking interface provided by the pool or by following specific instructions outlined by the pool.
- Earn Incentives: By delegating your RIO tokens to a staking pool, you become eligible to receive rewards. The rewards you earn will be proportional to the amount of RIO tokens delegated and the duration of the delegation period. These rewards serve as incentives for participating in the staking process.
Please note that it is essential to carefully review the staking instructions provided by the specific staking pool you choose, as the exact procedures and requirements may vary.
RIO use cases
The RIO token offers a range of uses within the Realio Network:
- Transactional payment: RIO is the sole payment method for all transactions conducted on the Realio Network. This encompasses creating, transferring, and trading digital assets within the platform.
- Governance participation: Token holders can engage in the Realio Network's governance by actively voting on proposals that impact the network. This grants RIO token holders a voice in shaping the development and management of the platform.
- Exclusive benefits: RIO token holders can access various exclusive features and content. This includes early access to new functionalities, reduced transaction fees, and entry to restricted events on the Realio Network.
Distribution of RIO
The distribution of RIO tokens is divided as follows:
- Airdrop to early adopters: 30 percent of the RIO tokens were distributed through an airdrop to early adopters of the Realio Network. This allocation rewards and encourages early supporters of the platform.
- Reserved for the Realio Group: Another 30 percent of the tokens are allocated to the Realio group. This portion is held by the team behind the development and operation of the Realio Network.
- Initial coin offering (ICO): 20 percent of the RIO tokens were made available for sale during the Initial Coin Offering (ICO) phase. This allowed investors and participants to acquire tokens through the ICO process.
- Staking and Governance Allocation: The remaining 20 percent of the tokens are designated for staking and governance purposes. This allocation is intended to incentivize token holders to actively participate in staking and contribute to the governance of the Realio Network.
RIO's future expansion plans
RIO has outlined several future expansion plans, which include:
- Network expansion: The Realio Network is currently in the beta phase and is accessible to a limited number of users. However, there are plans to expand the network's availability, allowing more users to access its features and services.
- Asset class expansion: While the Realio Network currently focuses on real estate tokens, there are plans to expand its capabilities to accommodate additional asset classes. This expansion will provide users with a broader range of options for tokenization and exchange.
- Market expansion: Currently, the availability of the Realio Network is limited to specific markets. However, there are plans to expand into new markets. Realio aims to broaden its market reach by venturing into regions such as the United States, Europe, and Asia, enabling a more global presence.
- Partnerships: The Realio team actively seeks partnerships with real estate and financial companies. By collaborating with established industry players, Realio aims to enhance the visibility of the Realio Network and drive broader adoption of the RIO token and platform.