RigoBlock announces token sale

RigoBlock announces token sale

RigoBlock announces token sale
16 November 2018
investments
The startup, that took part in one of our acceleration programs and offers a decentralized asset management protocol, will be holding a public ICO.

RigoBlock, the blockchain based asset management protocol, will be holding an ongoing airdrop of the Rigo (GRG) Token to coincide with its upcoming public token sale. The blockchain based project revealed that it had opened its whitelist in October earlier this year. 

The sale, which is set to be carried out on December 18, 2018, will see 3,000,000 GRG tokens distributed equating to 30% of the total token supply. The airdrop will see each successful whitelisted participant in the RigoBlock protocol given a free GRG Token, with the distribution of these tokens set to come from the ‘bounties’ pool of the total token supply. This initiative comes as a reward to all those who have been early followers of the RigoBlock project. 

The GRG token is the first utility token for asset management designed to be used as the basis of a rewards mechanism for specialized operators within the RigoBlock ecosystem, as well as being an access token. Participants receive GRGs based on the value and the performance of a specific token pool. This allows token pools to be operated without fees for an alternative and fairer rewards mechanism. 

In order to be eligible for this airdrop, all participants must have completed and be approved by the TokenMarket whitelist processRegister here.