Realio Network is a groundbreaking multi-chain Web3 platform that revolutionizes our interaction with real-world assets (RWAs). By leveraging blockchain technology, it provides a secure, efficient, and transparent platform for issuing and managing digitally native RWAs.
What is Realio Network?
It’s a decentralized online ecosystem enabling users to tokenize real-world assets like land, buildings, and funds. It also hosts Districts, a metaverse where users can own, create, and earn from virtual land and assets.
Who Uses Realio Network?
The Network caters to its users, allowing participation and voting in network upgrades when users engage as validators or delegators. This democratic approach ensures the platform evolves according to user needs and desires.
Why Use Realio Network?
The project aims to eliminate barriers to investing in, trading, and leveraging private, real-world assets through decentralized finance (“DeFi”). It also aims to create a base layer for a real-world themed immersive experience unifying and interconnecting physical and virtual realities.
Tokenization on The Network
The platform enables the tokenization of real-world assets (RWAs) through a secure decentralized process. This involves representing physical assets, such as real estate, as digital tokens, with each token representing a fraction of ownership in the underlying asset. These tokens are then issued on the network, with issuance account keys shared and distributed among network validators, ensuring a secure and decentralized process. Once issued, tokens can be readily traded, transferred, and managed on the network, fostering a more efficient, transparent, and accessible market for real-world assets.
Tokens: $RIO and $RST
Realio Network operates on a dual-token system: Realio Network Token ($RIO) and Realio Security Token ($RST). The total supply of $RIO is 55,000,000, with a maximum supply of 75,000,000. The fully diluted market cap of $RIO stands at $203,912,367, with a 24-hour trading volume of $26,757,379. These tokens offer numerous benefits to users. $RIO serves as a utility token for the network, enabling users to stake $RIO as validators or delegators and participate in governance to vote on network upgrades. It also facilitates transaction and asset tokenization fees on the network. $RST, on the other hand, functions as a hybrid digital security token, providing ownership and profit share rights in Realio Technology LTD, allowing users to stake $RST as validators or delegators.
Districts: The Metaverse
Districts is a real-world-based metaverse hosted by the Realio Network, mirroring Earth in a virtual realm. Users can engage in buying, selling, and building on their land parcels, offering an avenue for ownership, construction, and earning from virtual land while shaping the cities of the future. All proceeds are stored in the land bank as “locked liquidity” for landowners in $RIO, effectively removing this $RIO from circulation. Districts also integrates a profound commitment to inclusive impact, with select land sales proceeds channeled to global nonprofits.
Benefits of Tokenizing Real-World Assets
Tokenizing real-world assets yields numerous benefits. It enhances the liquidity of traditionally illiquid assets, enables fractional ownership, ensures transparent and efficient transactions through blockchain, and reduces costs associated with asset management by eliminating paperwork, intermediaries, and legal fees, thus lowering entry barriers prevalent in traditional financial markets. Cryptocurrency exchanges, unlike traditional markets with set trading hours, enable 24/7 trading of these tokens.
Ensuring Regulatory Compliance
Ensuring regulatory compliance when tokenizing real-world assets entails several considerations. Most real-world assets fall into categories like securities, commodities, or banking products, with securities being the largest category. Hence, it’s imperative to comply with the appropriate regulations, which vary across different countries. Issuers of real-world assets must ensure their offerings can be legally sold in desired jurisdictions, adhering to relevant regulations based on asset type. Confirming compliance with all applicable rules and regulations is crucial before proceeding.
Security Features for Asset Tokens
The project implements several security measures to safeguard the integrity and safety of its platform. The network adopts the PoS consensus engine, providing a secure, scalable, and energy-efficient algorithm. Validator bonding of Native $RIO or $RST secures the blockchain, with issuance account keys shared and distributed among network validators. Validators and delegators, contributing through bonding $RIO or $RST, earn their share of block rewards based on their contribution amount. The network allows for the creation of new assets through a secure decentralized process.
Conclusion
Realio Network endeavors to transform our current interaction with real-world assets. By leveraging blockchain technology, it seeks to furnish a secure, efficient, and transparent platform for issuing and managing digitally native RWAs. Whether you’re an investor diversifying your portfolio with real-world assets or a creator seeking a platform to build and monetize virtual assets, Realio Network presents a plethora of opportunities.