In this post I will shed additional light on the platform developments in progress, the mission of RIALTO.AI, regulatory changes, and planned additional features for maximizing token holder value.

Looks of RIALTO.AI Platform in Autumn 2018

The mission of RIALTO.AI platform is to offer automated solutions for both active and passive trading exposure to tokenized assets. Additionally, data tools and proprietary indicators will actively supplement these services.

User Account

We will expand the deposit and withdrawal user account features to all major cryptocurrencies that will also be accepted for algorithmic trading and other services. Users will have the ability to create their address within their account wallet and deposit or withdraw the desired amount of cryptocurrencies.

Automated Trading

Verified users will be able to use 3 algorithms for automated trading, differentiated by the risk profile, trading frequency, and accepted cryptocurrencies. This type of automated trading for own account is also recognized under the term of “social trading”. The recent RIALTO.AI post about our trade bot describes its high level algorithm infrastructure and integration with the platform.

Passive Trading

Additionally to the active trading strategies that aim to outperform the benchmark by executing higher frequency of trades, RIALTO.AI platform will offer passive exposure to the market by offering to use algorithms that replicate crypto indices. For example, by using Crypto10 algorithm, user will have automated replication of purchasing top 10 cryptocurrencies by market capitalization every month. The family of passive algorithms is not limited to top X by market capitalization but includes also segmented tokens (e.g. tokens originating from EU, tokens related to AI, payment platform tokens such as Ripple, etc.). In future posts I will share more about index family and attractive token segments that we plan to include.

Data Access and Indicators

The data platform segment will offer users and traders the access to data and proprietary indicators of high informational value. Indicators are calculated by interpreting large amounts of data that we store in relation to cryptocurrency trades, orders, holding addresses, holding quantities, Ethereum transactions, and Twitter data. I will use this blog to introduce one indicator monthly, with the description of its logic, calculation methodology and indicator value.

Fee Token Introduction

As RIALTO.AI’s upgraded platform will enable deposit and withdrawals of multiple cryptocurrencies and will seek to attract higher number of users, access fees in the form of a token will be introduced in Q4. The supply of a fee token will be the same as the one of XRL and will be airdropped solely to XRL token holders, also to those that might have already withdrawn their assets from the platform. This will effectively enable XRL token holders to indefinitely use all platform features for free by only spending a fraction of received fee tokens. Remaining tokens that they might choose to sell on exchange will unlock additional value to them and enable platform access for new platform users.

Regulatory Framework

Distributed liability, open source technology, and differences in the regulatory classifications (is bitcoin money, commodity, financial instrument, or none of those) are only some of the questions that challenged existing regulatory frameworks for the integration of emerging business models, especially those linked to the creation of cryptocurrencies and the usage of distributed ledger technologies.

Some countries (Delaware, Malta, Gibraltar, Liechtenstein) are adopting DLT specific legislation more quickly and therewith leading the way in supporting a crypto financial ecosystem. Among many other institutions, RIALTO.AI identified a Maltese business and regulatory environment as one of the most progressive when it comes to cryptocurrency business regulation with clear guidelines on compliance and requirements for service providers. In addition to regulatory clarity, Malta is becoming a European hub with many institutions developing crypto related products and services. RIALTO.AI relocated its operations to Malta where it will be acquiring licensing under newly proposed Virtual Financial Act. VFA act aims to provide a regulatory classification of tokens and set up the framework for cryptocurrency exchanges, brokers, investment firms, and other service providers. This development closely follows our platform upgrade timeline and we plan to offer a full scope of developed and regulated services already until the end of 2018.

In the following updates I will individually present each of the features in development with a focus on market positioning, functionalities, and timeline.