RigoBlock is a blockchain protocol for digital token management. The RigoBlock protocol offers new types of incentives for the different actors by aligning their interests through the Proof-of-Performance algorithm, eliminating standard management and performance fees.
RigoBlock is a blockchain protocol that makes it possible for anyone to set up and run a digital token pool. It is an open protocol which developers can use for building their own applications for token management. The RigoBlock protocol is live on the Ethereum mainnet.
GRG tokens are ERC-20 compatible tokens distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the “GRG Tokens”). GRG Tokens are needed by the Wizards to participate in the incentives mechanism and by the platform users to unlock access to premium services.
New tokens are generated according to the Proof-of-Performance algorithm and distributed to managers of the token pools as a rewards mechanism. Wizards looking to collect GRG tokens as the Proof-of-Performance rewards must hold a minimum amount of GRGs set by the token holders. Users must hold a minimum amount of GRGs in order to access premium features like performances, analytics. Any platform built on top of the RigoBlock protocol can use GRGs to reward their users.