Rilcoin (RIL) is a cutting-edge crypto technology-based, fully decentralized cryptocurrency that has most of the benefits of fiat currency and also the freedom and secrecy of a cryptocurrency. Rilcoin is a part of an Asset Management System (AMS). The assets are then classified into High-Risk Assets, Low-Risk and safe-risk Assets based upon an algorithm of trust rating managed by artificial intelligence(AI).
Recently, Rilcoin ICO will be launched on 1st November 2017. The company has set a motto to provide a new definition to the crypto investment network by making a system that can enlarge the applications of blockchain to the most considerable extent.
Rilcoin is going to be a new platform for managing assets which would provide a fresh perspective to financial instruments and investment platforms. It will allow individuals to invest in real world assets and cryptocurrencies backed by blockchain security, that would altogether introduce a new way of investing.
Rilcoin pre-mined coins with XBRL integration will be launched in
next year mid 2018
During ICO, investors are offered to exchange cryptocurrencies like Ethereum, Bitcoin, or any other currency to get RIL token to be utilized within the platform. RIL token is going to be an ERC20 token.
Giving priority to customer satisfaction by maintaining an expert team, Rilcoin would be easy to be understood by even those who don’t belong to a financial base, can propose significant earning leverages being in a volatile market.
Rilcoin as a cryptocurrency is based on an infrastructure that is open source; at the end of its development stage, it will be available on Github channel, whereas, the asset management system (AMS) may not be released as open source.
Anyone can participate in the Ril Token Sale and require a ERC20 Ethereum compatible wallet or an application where you and only you may hold your private keys. Private keys are necessary to interact with smart contract functions appropriately, like transferring cryptographic tokens. One cannot send ether (“ETH”) directly via cryptocurrency exchanges, but only through an ETH compatible wallet listed on the token sale platform.