Dear RigoBlock Community,
I would like to thank you for your support. Either you are a GRG holder, a fan, an ecosystem supporter or someone looking to leverage on the RigoBlock protocol for creating applications for digital token management, a big thank you!
In the aftermath of the crypto winter, we released the RigoBlock software as fully open source under the Apache 2.0 License. This means that you can use all the tools we built, from back end to libraries, API, documentation and front end. The purpose is “giving back” to our community and stimulating the growth of a thriving ecosystem.
Open network architectures have proven themselves resilient over the market cycle. Scalability solutions are starting to emerge. This, together with privacy solutions, lays the fundamentals of open finance.
Therefore, one of our main goals is to facilitate the growth of the ecosystem and community, in a push towards higher decentralization and less reliance on a centralized core.
Adoption is a gradual and progressive process and requires patience. Out of the different scalability, privacy and interchain communication proposed solutions, some are starting to take shape, some will come to live in the first part of next year.
Eventually, this will lead to fully scalable, privacy-preserving interconnected blockchain networks in the years to come. We could say we are not that far from using blockchain based commercial applications, aka the “Internet of Blockchains”.
In this context, we pride to have been featured in Outlier Ventures' latest report on Decentralized Finance as a key component of digital asset management. Outlier Ventures, for who doesn't know them, is one of the biggest VCs in the blockchain industry, with one of the most outstanding track records, built upon their “Convergence Theory”. You can read their report in this link: https://t.co/taFe0MZq5R
We have found a great response from digital marketplaces that are looking to offer digital token management services by leveraging on the RigoBlock API, thus validating the open protocols' thesis. Our partnership with ModulTrade has been recently announced.
Probably the best way to describe the partnership is by quoting: "By integrating RigoBlock protocol into ModulTrade’s value ecosystem, users will be able to manage their tokenized assets in a way that is both comfortable and rewarding, with a few touches on their smartphones." You can read more on the work we're doing together with ModulTrade in this announcement.
One further partnership we have been working on is with bZx, a protocol for leveraged trading. The partnership will allow for derivatives trading for the token pools created through the RigoBlock protocol. Furthermore, it will allow for generating passive income through P2P lending on the bZx protocol. Also, this partnership comes with a public announcement.
The partnerships are in line with the goal of connecting external applications and protocols, for the token pools to become even more versatile and accommodate the needs of the token pools operators. On the other side, it shows the way RigoBlock is intended to be used: by being embedded in marketplaces through API.
The GRG token deserves mention, as it has been listed on 5 decentralized exchanges. GRG is the utility token at the basis of the RigoBlock ecosystem and serves the purposes of access, incentives and governance. Therefore, if you are looking to become an operator of RigoBlock or access the functionalities of GRG, you may purchase the token in a permissionless way on the open market.
Now to the future, we have a track record of under promising and over delivering. RigoBlock is a community-driven, community maintained protocol. Therefore, after years in the making, it is now time for the community to step in, use the available tools, iterate, provide feedback. It is now time to iterate with the market feedback and further develop based on market demand.
This is consistent with the concept of decentralization itself: a smaller core and the emergence of an ecosystem of projects and companies built on top of RigoBlock. The first pioneers already started testing with RigoBlock, and we want to favor the growth of this movement as much as we can.
In light of creating a healthy community, if you are looking to develop projects on top of RigoBlock and seek advice, guidance or want to make proposals, please reach out to us, we'll be happy to support you during the journey!
As a closing remark, we all joined the cryptocurrency movement because of the idea of open access to finance. While at the beginning of RigoBlock, dating back to early 2016, it was not even possible to predict when actual DEXes would become of interest. Luckily, things have changed. We now expect that blockchain infrastructure components will start being used by commercial applications, in particular in the most trust-sensitive parts of their architecture. Also, the base pillars, RigoBlock among the others, are here.
The core channels to interact with us are:
telegram: https://t.me/rigoblockprotocol
discord: https://discord.gg/FXd8EU8
