Crowd Funding

The idea of crowdfunding isn’t a new one. Back in the 18th and 19th centuries, writers and philosophers would frequently secure investment, or the pledge of investment, for their next work.

In time, the concept was applied well beyond the arts; the pedestal for the Statue of Liberty was only completed after a public appeal and over 160,000 individual donations after government funding failed to come through. But it wasn’t until the rise of the internet that projects — again, first in the creative and entertainment industries — were widely funded through direct grassroots campaigns.

Then in 2013, around the time that the peer-to-peer online currency bitcoin was first garnering mainstream attention, the idea of crowdfunding was fused with the new technology of blockchain. The result was the ICO or Initial Coin Offering: a turbocharged way to raise money in the era of the Internet.

Rilcoin (RIL)

Rilcoin is a cutting-edge crypto technology-based, fully decentralised crypto-currency, which actually has all the benefits of fiat currency as well the freedom and anonymity of a crypto-currency. Rilcoin is a part of an Asset Management System (AMS).

Using Rilcoin, Investors can buy or sell assets through the asset management system (AMS), which facilitates ownership of a single asset to be owned by several investors at the same time. The world is changing and technology works as a catalyst in this process. All most all business segments are getting modified as a result. The way businesses operate today will not happen in the near future. To name a few, Agriculture, Energy, Technology (IoT), Manufacturing & Logistics, Real Estate and much more will evolve with time. Our vision is to take this opportunity and create a platform to distribute it across the globe. The assets all over the world can be owned by the people without any social or geographical barriers and design a payment system so flawless and robust to support the infrastructure based upon block-chain technology.

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