Rigoblock

Rigoblock is a decentralized asset management platform. It aims to solve the problem of traditional asset management industry with blockchain and to remove the fees incentive structure by replacing it with GRG tokens. Rigoblock aims to solve the scalability, interoperability, and transparency from traditional asset management network that causes the industry to be very centralized, costly and full with unnecessary complexity.

Problems & Solution

  • Scalability: The current asset management network is built on top of a complex platform that lacks scalability because there is no single and easy to use apps to manage the assets. Rigoblock will solve this by providing a streamlined, single and transparent platform where managers can build their own asset management apps, without any additional cost and requiring high technical expertise.
  • Interoperability: Because there is no single and accepted work of flow between asset managers, it is hard to connect and manage or work together with each other. It is very costly and complex to connect each network. By using Rigoblock, every asset provider will be able to connect with each other when it is required.
  • Transparency: Most traditional asset management business operated in a very complex process, which sometimes results in a lack of transparency. Some issues, for example, are low auditability, difficulty in auditing transactions from managers or firms and hidden cost that is not known where it ends. Rigoblock will fix this by using blockchain that tracks every transactions and process that happens in the network. It will also solve the conflict of interest problems where firms or managers try to get as much fee as possible while the customer wants it as cheap as possible using GRG tokens.

The Team, Company & The Advisors

According to LinkedIn, there are at least 6 people who've confirmed that they're working in Rigoblock. On the other hand, Crunchbase told us that there is at least 11 to 50 people working in Rigoblock. Rigoblock is active since 2016, with the name of Rigo Investment Sagl GmbH. They're located in Via Domenico Fontana 8, Lugano, Switzerland according to Bloomberg.
Here's the team:
All of this member has at least 1 or 2 years experience in their respective position. The key member who looks to have a lot of experience in the asset management industry is Gabriele Rigo. He has at least 10 years of active engagement in the asset management industry with various companies, such as Mangart, Lemanik and Rigo Investment. This is important because, without experience in this industry, the project will likely fail to deliver what they promise because lack of understanding of the area they wanted to solve.
The rest of the team has at least 1 year in their respective field. It is good to see that the CEO is embracing young and enthusiastic workers to run this startup. Some might think that the team is not that good because their experience is limited, but that is not entirely true when we consider the advisor and the other team, and the fact that this project is a continuation from the previous successful business, Rigo Investment.
Here is the advisor of Rigoblock:
All of those advisors have a lot of experience in their respective field. The majority of the advisor has at least 10 recommendations from other LinkedIn profile and have at least 10 years of experience. The advisor looks good enough in order to help Rigoblock in order to achieve their goal with the necessary business management, legal compliance, blockchain economics and so on.

GitHub Activity

Rigoblock GitHub repository address is https://github.com/RigoBlock. There are three people who've been actively contributing on the code, and as you might guess it is Luca, Federico and David. There are several directories and some of them were created in 2017. Here are the full directories:
As you can see, the repositories contain more than just code, but also promotion materials. If we ignore the promotion materials, then the last activities on the repositories were in June 2018 (at the moment of this writing). However, their contributors, such as Luca is actively making commits and edits on private repositories. According to the roadmap, the development is starting since 2017, so it is not surprising to see that the repository was made 2 years ago.
It is not clear at the moment whether it is for Rigoblock or other projects. Even the activities are not that high, the beta platform is ready. We can try it and I'll probably do a review about it in the next article. However, it would be nice if the repositories are updated regularly as it leads to confidence and transparency.

Conclusion

While the GitHub activities are not that high, but the beta platform is ready. The team looks nice, especially with the CEO who has a lot of experiences in the asset management industry. The advisor is also good, however, all of them have not confirmed participation in Rigoblock on their LinkedIn profile. It would be great if they can confirm it to increase Rigoblock exposure and increase contributors trust in this project.
Bottom line: the beta is ready, team & advisor is good, let's see how they will pull it off.
Further reading:
Author (rawon ayam)

Comments

Post a Comment

Popular posts from this blog

Erosion

Image
Tentang Dalam masalah keuangan, deflasi adalah pengurangan tingkat nilai umum produk dan perusahaan. Merata terjadi ketika tingkat pembengkakan jatuh di bawah 0%. Pembengkakan mengurangi estimasi uang tunai setelah beberapa waktu, namun perataan memperluasnya. Ini memungkinkan sejumlah besar produk dan perusahaan dibeli dari sebelumnya dengan ukuran uang yang serupa. deflasi adalah khusus dari disinflasi, jeda dalam tingkat pembengkakan, misalnya pada titik ketika ekspansi menurun ke tingkat yang lebih rendah namun masih positif. Deflasi juga diidentifikasi dengan penghindaran bahaya, di mana spekulan dan pembeli akan mulai menyimpan uang tunai karena nilainya saat ini meluas setelah beberapa waktu. Ini dapat membuat perangkap likuiditas atau mungkin memicu kekurangan yang memancing spekulasi menghasilkan lebih banyak pekerjaan dan menghasilkan barang. Dalam ekonomi tertutup, ini dengan alasan bahwa membebankan nol intrik juga berarti memiliki nol laba untuk perlindungan pemer
Read more

LIPCHAIN ICO

Image
LipChain App for surfers and sailors to post their videos and photos. Hello everyone Today, I will be discussing ICO from Lipchain. A little story, a few days ago I was told by a friend. That Lipchain ICO has successfully achieved 44% of token sales approximately has earned $ 8 million. Wow amazing!? You can see the progress of Lipchain ICO sales bar on Foundico web rating  https://foundico.com/ico/lipchain.html . Well, surely you all must already know what advantages follow ICO! Advantages of ICO or Initial Coin Offering As an investor, you will be offered a low price by coin developers during the ICO period. The price includes a discount because you bought the token before the coin was launched in the cryptocurrency market. Since the main target of the developer using the ICO method is to raise funds to support the project to be undertaken. So no one if the developer fixes a low price for every token they offer for the initial investor. The advantage for invest
Read more

COINDOGS

Image
COINDOGS Обзор проекта На базовом уровне NFT - это общий ресурс, который объединяет владение с очаровательными физическими или электронными вещами, такими как искусные кульминации, земля, музыка или записи.  NFT можно рассматривать как продвинутые предметы коллекционирования.  ... Такой же прогресс может затруднить изменение или подделку NFT.  Независимо от того, какими они были в начале 2014 года, сейчас NFT приобретают репутацию, поскольку они превращаются в бесспорно яркую стратегию покупки и продажи модернизированных убедительных изделий.  Ошеломляющие 174 миллиона долларов были потрачены на NFT с ноября 2017 года. NFT также обычно беспрецедентны или, возможно, являются одними из чрезвычайно ограниченных прогонов и имеют исключительные коды видимости.  «По сути, NFT делают модернизированную несостоятельность», - говорит Арри Ю, Ожидается, что к 2025 году мировая индустрия видеоигр сократится вдвое до 268,8 млрд долларов. Новое исследование показывает, что более 70% игровых инженеро
Read more