Realio Network is a blockchain platform that facilitates the tokenization of real-world assets (RWAs) and operates in a metaverse called Districts. It uses the Cosmos SDK, making it compatible with Ethereum through built-in EVM compatibility, and supports multichain operations. This allows Realio to bridge and transfer assets across different blockchains using the IBC protocol.
The platform issues two tokens: RIO and the Realio Security Token (RST). RIO is used to pay transaction fees and for staking, which rewards validators and stakers with a 5-10% return. RIO was launched without a pre-mine and has a maximum supply of 75 million tokens, with about 55 million currently circulating.
RST acts as an equity stake in the company behind Realio Network, providing profit share rights. It also allows for staking to earn RIO. The network aims to make investing in RWAs accessible and offers various security features on its platform, such as distributed key management.
Realio Network is built as a multi-chain Layer 1 ecosystem compatible with non-EVM and EVM chains. Thanks to its foundation on the Cosmos SDK and support for the Inter-Blockchain Communication (IBC) protocol, Realio Network ensures interoperability with other blockchains, facilitating seamless asset transfers across different networks. It can interact with various blockchain networks like Ethereum, allowing for broader compatibility and usage scenarios.
The network utilizes a Proof of Stake (PoS) mechanism through its own ComeBFT engine. This is an energy-efficient way to secure the network where validators participate by staking RIO or RST tokens and helping validate transactions.
One of the primary functions of Realio Network is to facilitate the tokenization of RWAs. This means assets like real estate can be represented digitally on the blockchain, making them easier to trade and manage.
Developers can build and deploy dApps on the Realio Network. These applications can range from financial services to virtual land parcels in its metaverse project, leveraging the network's Web3 capabilities.
Users can stake their RIO or RST tokens to participate in network security and governance. This staking process rewards users and also gives them a say in the network’s operations and future developments.
Realio Network was launched on August 29, 2018. The founders of Realio Network are Derek Boirun and Marcelo Moyano. Derek Boirun has a background in commercial real estate and blockchain-based investing, while Marcelo Moyano is known for his expertise in technology and business management.
Realio Network launched its Alpha version in April 2023, focusing on stabilizing and growing the network. This included engaging Notional Labs for a chain audit and implementing upgrades to address initial bugs.
Realio transitioned from using Hyperledger technology to the Cosmos SDK to build its issuance network. This change was driven by a preference for interoperability between blockchains over maintaining a private sidechain.
Realio Network has continuously worked on expanding its capabilities, including the support of multiple blockchains like Algorand, Raven, and Fusion. Realio has also developed financial instruments such as Uniswap Liquidity Farms, allowing users to earn the RIO utility token by providing liquidity to Uniswap pairs.
The Realio Network token (RIO) is used primarily for several key functions within the network:
1. Pay Transaction Fees on Realio Network: You use RIO to pay for transaction fees on the Realio Network. These fees are then used to compensate the network validators and stakers.
2. Staking RIO on Realio Network: You can stake RIO tokens to participate in the network's security and consensus mechanisms. Staking also allows you to earn rewards ranging between 5-10% annually.
3. Realio Network’s Decentralized Governance: Holding RIO tokens enables you to participate in governance decisions within the network, influencing key operational and strategic decisions.
4. Trade $RIO on KuCoin: Trade Realio Network token on the KuCoin Spot Market against other crypto assets. Based on your research (DYOR), you can buy, sell, or HODL RIO in your crypto portfolio.
Period | Change | Change (%) |
---|---|---|
Today | $-0.036 | -5.22% |
7 Days | $-0.202 | -24.10% |
30 Days | $-0.259 | -28.96% |
3 Months | $-0.28 | -30.59% |
Investing in Realio Network (RIO) offers several advantages:
1. Access to Platform Functionalities: Holding RIO tokens allows you to utilize the full range of services on the Realio Network, including creating and trading digital securities. This makes it a key component of the network's ecosystem.
2. Potential for Appreciation: The RIO token has shown potential for price appreciation, with predictions suggesting a steady increase in value over the coming years. This could make it a worthwhile investment for those looking at long-term growth.
3. Earn Rewards Through RIO Staking: By staking RIO tokens, you can earn rewards, providing a form of passive income. This is especially appealing if you want to earn from your crypto holdings without selling them.
4. Discounted Transaction Fees: Using RIO for transactions within the network can lead to discounted fees, saving frequent users money and enhancing transaction efficiency.
5. Governance Participation: RIO token holders may have the opportunity to participate in governance decisions, influencing the direction and policies of the network. This adds a layer of engagement and control over your investment.
Although it is challenging to provide a reliable RIO crypto price prediction for any duration, you could observe the following factors to understand the price changes in Realio Network crypto:
1. Crypto Market Sentiment: General sentiment in the cryptocurrency market affects the Realio Network price. This can be seen in the broader industry trends and how investors feel about the market's future.
2. RIO Token Trading Volume: The amount of RIO traded on exchanges impacts the $RIO price stability and volatility. Days with higher trading volumes can see more significant price changes.
3. Future Developments in the Realio Network Roadmap: Updates and innovations within the Realio Network, such as new features or partnerships, can increase investor interest and affect the RIO token price.
4. Realio Network Adoption: The extent to which Realio Network is adopted for its intended purposes, such as real-world asset tokenization, also plays a role in influencing the RIO to USD price. Demand for RIO may increase as more users engage with the platform, potentially driving up the RIO crypto price.
To stake RIO on the Realio Network, follow these simplified steps:
1. Acquire RIO Tokens: Buy RIO tokens on KuCoin and transfer your tokens to a compatible crypto wallet.
2. Access Realio Platform: Log into the Realio platform through their official website.
3. Choose a Validator: Navigate to the staking section on the dashboard and select a validator. Validators are responsible for processing transactions and securing the network. Check their fees and performance history before choosing.
4. Delegate Your RIO: Delegate your RIO tokens to the chosen validator. This means you are entrusting them to participate in the network operations on your behalf.
5. Start Earning Rewards: Once you have staked your RIO, you will earn rewards based on the amount staked and the validator’s performance.
Remember, there's a 7-day unbonding period if you decide to withdraw your stake, during which you won’t earn any rewards. You can also redelegate your tokens to another validator without waiting for the unbonding period if you wish to switch validators.
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