The Realio Network Token (RIO) is a utility token on the Realio Network, an Ethereum-based platform that provides institutional-grade opportunities in the private investment marketplace, focusing on the tokenization of real-world assets (RWA).
Realio Network Token operates on a Layer-1 blockchain built using the ComeBFT Proof of Stake (PoS) consensus engine. The network is decentralized, transparent, and supports Web3 applications. It uses a dual-token public PoS consensus mechanism, supporting both the utility token $RIO and the hybrid digital security token $RST. The network offers smart contract functionality with EVM compatibility, facilitating secure and decentralized management of digitally native and RWAs.
Realio Network Token (RIO) has various use cases, including:
Founded in 2018 by Derek Boirun and his team, Realio Network Token (RIO) emerged from efforts to democratize access to real estate investments using blockchain technology. Significant milestones include the founding of the Realio Investment Platform in 2019, strategic partnerships in 2020, and launching an EVM-compatible blockchain within the Cosmos ecosystem. Over the years, Realio focused on expanding its platform capabilities, introducing dual token systems, and enhancing its market presence in asset tokenization.