Decentralized Asset Management System (DAMS)
with benefits of Fiat currency
The ConceptThe Central idea is to provide a platform designed purely for everyone, regardless of geographical barriers and present a digital currency affordable & usable by each of us by providing everyone the medium to achieve, influence & control in their creative ventures. The main focus is to get people involved in all the markets in a completely different manner. With smart outsourcing revenue channels, renowned collaborations, network, steady cryptocurrency practice for transactions, revolutionary identity protection, and blockchain protocol. Rilcoin makes usage of digital currency effortless for its users.
Rilcoin is a cutting-edge crypto-technology based, fully decentralized cryptocurrency, which actually has all the benefits of fiat currency as well the freedom and anonymity of a cryptocurrency. Rilcoin is a part of a Decentralized Asset Management System (DAMS).
The concept of Rilcoin is being introduced to provide a new structure to asset management system. Asset management mainly refers to any system that manages and analyses things of value to an entity. It may be utilized for both tangible as well as intangible assets. Asset management is a process of deploying, upgrading, operating, maintaining and disposing of assets that will be cost-effective. Rilcoin is going to be an entirely new platform for asset management systems which will provide a unique perspective to financial tools as well as investment tactics. It will propose users to invest in cryptocurrencies assisted by blockchain safety and real-world assets that would introduce a whole new way of funding.
Rilcoin Uses Ethereum ERC20 token
Investors who are going to participate in Rilcoin ICO will be rewarded with RIL Tokens. Currently, there are 30 Million of RIL tokens for this particular level of the project. The tokens issued are ERC20 tokens. This means that almost all of the wallets which support the ether currency also support ERC-20 compliant tokens. This makes your investment safe as investors just not get a proof of the investment, but get a smart contract token, which can be bought, sold or traded.
Decentralized Asset Management System (DAMS)The Decentralized Asset Management System (DAMS) would be one of its kind and will be the largest platform to tokenize any tangible/ non-tangible assets. The subscribers will be able to raise crowdfunding using the platform. The Return on Investment (ROI) will be distributed automatically to all its investors through smart contracts. The assets will be verified by arbitrary members of the pool and the transaction fee will be shared among the members of arbitrary. This is process can also be seen as soft mining and the transaction fee associated with it as the mining reward. The process solves a real life issue and does not waste any energy or resources, unlike hard mining process.