RigoBlock

A protocol for decentralized fund infrastructure.

Review Score
3.65/5
ICO Price
N/A
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
N/A
Start Date
18 December 2018
End Date
18 January 2019

What is RigoBlock?

https://youtube.com/watch?v=Nua3gVNOaeM%3Fecver%3D2

The asset management industry has been following a path of consolidation towards bigger corporate structures during the last 10 years. The hedge fund industry, in particular, has developed into a more standardized and regulated sector. High setup costs and requirements of a minimum 50 Million US Dollars or even much bigger initial Assets Under Management (AUM), automatically exclude the smaller players from the market. Reason behind such high minimum AUM requirements are high costs of providing Prime Broker services to funds: costs like Net Assets Value (NAV) estimate, collateral accounts, management company costs, legal and advisory costs. Furthermore, investment funds and management companies are in most cases no more than P.O. Boxes; by this we mean that they do not actually employ anyone, they are just offshore corporate structures.

The Ethereum protocol provides the perfect technology for creating investment vehicles on the spot, allowing subscriptions and redemptions in real time, trading on decentralized exchanges in a trust-less manner, so that no administrator or custodian is needed, allowing for a level of efficiency and transparency in the industry never seen before. One positive externality of our proposed model is that, by being agnostic of the AUM size, it is also possible it will be used as a tool to building one’s track record in order to get a job at major investment funds, hence improving visibility for traders. Either way we are to lay down the path for changing how things are done in asset management.

Information displayed on CoinCheckup can be updated by the respective ICOs and/or Crypto representatives and does not present the opinion of CoinCheckup.com and/or the CoinCheckup team.

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

Please do your own research on all of your investments carefully. Scores are based on averages of third party websites.  Past performance is no indicative of future results. Read the full disclaimer here.