rloop

rloop — A Decentralised and Crowdsourced Engineering Organisation

ICO start: July 8, 2018

The rLoop Network is a decentralised research and development organisation, engineering solutions to some of the world’s greatest challenges.

It is designed to enable anyone, anywhere, at any time, to participate in the creation, development, and scrutiny of potentially world-changing technology. Our mission is to develop and launch innovative technology fueled by a genuine desire to improve the world and humanity. The rLoop Network mitigates the risk of early stage R&D by leveraging an untapped global pool of talent and resources, harnessing the wisdom of the community, and facilitating and optimising amorphous group coordination. It encourages participation at the intersection of an individuals passion and interests, removes geographical barriers to participation, and opens up an entirely new and previously untapped workforce.

The rLoop Network Token (RLP) is a utility token which authenticates completion of project tasks and permits certain privileges to its holder. Token Holder privileges include, but are not limited to, submitting ideas for projects to be adopted by the rLoop Network, curating information relevant to projects, staking on projects for adoption, and as participation fee for certain high-value tasks. The tokens will also be able to be used within the rLoop Network in exchange for services and products related to rLoop and portfolio companies.