Reserve

Essentially we extended the stability of the US dollar to those who faced hyperinflation in Venezuela in recent years, and we are expanding to other countries in Latin America where inflation continues to be a pressing issue.

Concurrently, we are working towards releasing a smart contract protocol that will enable the creation and decentralized governance of more currencies like RSV. These currencies, called “RTokens”, will have values that can be pegged to diversified baskets of assets instead of USD or any fiat currency, making them unaffectable by USD inflation or any centralized monetary policy.

Once that protocol is released, we as a company will cease to have control over RTokens, but we as a team, in different modes of coordination, will go on to participate in the decentralized governance of RTokens, apply RTokens to more real-world problems, and foster an ecosystem of other teams that want to build in an aligned direction.

Looking far ahead, the applications of RTokens are vast, from extending financial services to people who are discriminated against by the existing system, to having an alternate international reserve currency that isn’t controlled by any single nation.