Fund distribution networks and major players dominate the asset management business. Emerging managers will find it difficult and time consuming to launch their own fund unless they have several years of experience, assets from investors, and unique funds. Big hedge funds, on the other hand, scout for talent and outsource risk to extremely young individuals, with the goal of achieving spectacular returns using the most cutting-edge research and data analysis tools. Light operational structures (managed accounts) exist, but they are difficult to administer and need a significant amount of work to monitor and rebalance portfolios. Blockchain is the best technology for establishing funds in a short period of time, with low startup costs and process changes that were previously unimaginable.
About RigoBlock
RigoBlock is a blockchain system that allows anyone to create and administer their own digital token pool. It is an open protocol that developers can utilize to create their own token management applications.
Emerging managers can put up their own investment vehicle with the help of their technology platform. they explore its design, implementation vision, and Proof-of-Concepts, as well as the opportunity it provides for increasing operational transparency, efficiency, and process innovation. they also propose a different approach to recognising brilliance and hard work.
What is RigoBlock [GRG]?
RigoBlock is an open standard for asset/token management based on existing blockchains, according to the company. Gabriele Rigo started it in Lugano, Switzerland, in 2016. On the Ethereum main network, it has been operational since November 2018.
Who Are the Founders of RigoBlock [GRG]?
Kristof de Spiegeleer is the CEO and co-founder of RigoBlock. In the mid-1990s, after finishing his master’s degree in computer engineering at the University of Gent, de Spiegeleer joined PSI Net to develop Europe’s first data centre. Following that, he launched a number of companies that significantly improved cloud automation and Internet storage. Symantec, Verizon, Oracle, TeleNet, and other companies bought them.
He began meeting other industry professionals and RigoBlock co-founders in 2014, including Adnan Fatayerji, Weynand Kuijpers, Owen Kemp, and others. They came together and resolved to construct the most decentralised Internet and Cloud infrastructure to power the web3 and web4 era from the ground up.
What Makes RigoBlock Unique?
A Novel Approach To Aligning Interests What they propose is a radical shift in the way performance is rewarded, with two goals in mind: on the one hand, they want to improve management quality; on the other hand, while calculating management and performance fees on-chain can be costly, their model takes advantage of a key feature of blockchain technology that makes it ultra-easy to calculate a fee per transaction and automatically allocate it to the correct account without the need for mashing. Rather than charging the fund a management and performance fee, their system has no fees, and managers are rewarded in Rigo tokens thanks to a Proof-of-Performance algorithm built on top of the protocol. The Proof-of-Performance module calculates a fund’s assets and performance for each sub-period and awards traders based on those two parameters on a quarterly basis. A trader can claim her prize at the end of each period. The Rigo token holders select the settings for the Proof-of-Performance algorithm so that they can decide on a fair reward ratio.
Where Can You Buy RigoBlock [GRG]?
If you’re looking for a place to purchase RigoBlock, the best cryptocurrency exchanges to use right now are Uniswap (V3), and Loopring Exchange.
Frequently Asked Questions
Can I Buy RigoBlock [GRG] With Cash?
No. There is no direct method to purchase GRG using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy RigoBlock [GRG] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
On what factors does the price of the RigoBlock [GRG] Depend?
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact ZI price and market cap.
RigoBlock Official website – https://rigoblock.com/
RigoBlock Twitter – https://twitter.com/rigoblock
RigoBlock Medium – https://medium.com/rigoblock