[ANN] RIALTO.AI Cryptocurrency Arbitrage and Market Maker ★ OFFICIAL THREAD ★ - page 31.

Dr-Jones

newbie

Activity: 7

Merit: 0

Quote from: garfunkel11 on July 20, 2017, 02:04:16 PM

Any idea when this will be on Bittrex or other exchanges?

Accordingly to the roadmap it will be in August.

I participated in the ICO. Everything went smooth and professional. Well done! I'm looking forward to the next months.
Definitely one of my favourite projects and team

garfunkel11

newbie

Activity: 19

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Any idea when this will be on Bittrex or other exchanges?

BTCBusinessConsult

sr. member

Activity: 546

Merit: 250

Active Trading on EPIC5k and Spectre.Ai

XRL is trading on etherdelta.

https://etherdelta.github.io/#XRL-ETH

I picked up 5500 tokens this morning as a hedge for my other investments.

migello

sr. member

Activity: 460

Merit: 250

Quote from: Morphling on July 20, 2017, 09:44:50 AM

i can't imagine why the ico had already been ended with the ANN only three pages, it seems i find it too late to participate in

they haven't a PR team, the sale have ended on the first phase already with website registered user.

then they opened bitcointalk thread and slack channel, i find very interesting also the work in ENIGMA AI, a predictive trading BOT.

IMHO this is going to be one of the few very successfull projects with a real pro team behind and long term vision.

Morphling

full member

Activity: 308

Merit: 134

i can't imagine why the ico had already been ended with the ANN only three pages, it seems i find it too late to participate in

Dorky

sr. member

Activity: 392

Merit: 250

Best IoT Platform Based on Blockchain

I have no doubt that Clif High will mention Rialto.ai in his next report.

Rialto.ai, despite being so low profile, is able to reach to the top 3 ERC20 tokens traded @ EtherDelta almost consistently.

zumMond

newbie

Activity: 6

Merit: 0

Quote from: lewicai on July 19, 2017, 11:14:04 PM

Dev do you have any bounty?

I don't think there is an bounty since the Crowdsale is already finished, no new coins will be generated!

Best regards

sachima

newbie

Activity: 1

Merit: 0

the 1st and only crowdsale I've participated so far. Really impressed with the team's professionalism, which is quite a contrast to other chaotic and greedy ones.

lewicai

newbie

Activity: 28

Merit: 0

Dev do you have any bounty?

Josef27

hero member

Activity: 784

Merit: 1000

Quote from: Dorky on July 19, 2017, 10:25:10 PM

Quote from: Josef27 on July 19, 2017, 09:50:27 PM

Semi-annual distribution of created value to token holders. What does this mean ? I've dug around and it's very vague. I know what they are trying to say, but what are the details. It sounds like they will throw us a bone, if they come up with a number, and earn beyond it. Since they are a for profit company, this is so subjective without any kind of breakout. This could be a massive reason to own it, or a big fat yaawwwn.

What I understand is that if Rialto.ai uses $10 mil of the collected contribution to run its arb/market-making operations and eventually turn out $20 mil profit, 100% of that $20 mil profit will be equally distributed (according to our % ownership of XRL token) to us in the form of ETH. And this will be done once every 6 months.

Ok thanks, I'm guessing it doesn't take 10 mil a year to run this operation, but they may need to hold back for future growth in Arb funding? So maybe every year going forward they will payout like this, over operations cost and hold backs, or ?

Any ideas of future growth ? Whats reasonably possible? Guess ? 100 mil per year sounds like a huge number? 50 mil would be nice also..

Dorky

sr. member

Activity: 392

Merit: 250

Best IoT Platform Based on Blockchain

Quote from: Josef27 on July 19, 2017, 09:50:27 PM

Semi-annual distribution of created value to token holders. What does this mean ? I've dug around and it's very vague. I know what they are trying to say, but what are the details. It sounds like they will throw us a bone, if they come up with a number, and earn beyond it. Since they are a for profit company, this is so subjective without any kind of breakout. This could be a massive reason to own it, or a big fat yaawwwn.

What I understand is that if Rialto.ai uses $10 mil of the collected contribution to run its arb/market-making operations and eventually turn out $20 mil profit, 100% of that $20 mil profit will be equally distributed (according to our % ownership of XRL token) to us in the form of ETH. And this will be done once every 6 months.

Josef27

hero member

Activity: 784

Merit: 1000

Quote from: migello on July 19, 2017, 05:13:41 AM

Quote from: subzero01 on July 19, 2017, 05:04:20 AM

What's the use of the token? People who owns these will receive part of the made profit.

Cheers!

The project is very interesting and you have forgotten that who own XRL tokens (from Whitepaper):

"(xrl token) grants ownership rights
to RIALTO.AI proprietary software, data tools, algorithms, and other intellectual property"

You own quite a lot with this!!

"100% of additional net value created will be distributed semi-annually through distribution of ETH via
smart contract
. Eligible for distribution are all RIALTO.AI (XRL) token holders on a predetermined
record date."

also this is very good

Semi-annual distribution of created value to token holders. What does this mean ? I've dug around and it's very vague. I know what they are trying to say, but what are the details. It sounds like they will throw us a bone, if they come up with a number, and earn beyond it. Since they are a for profit company, this is so subjective without any kind of breakout. This could be a massive reason to own it, or a big fat yaawwwn.

migello

sr. member

Activity: 460

Merit: 250

Quote from: bluedude on July 19, 2017, 02:11:21 PM

Good to hear about tis project.
When would it be available in bittrex or poloniex?

As you have surely read the roadmap on first page, exchanges are scheduled for august, don't know which one

bluedude

hero member

Activity: 714

Merit: 500

y²=x3+ax+b, a=0,b=7

Good to hear about tis project.
When would it be available in bittrex or poloniex?

Johnny Carsonogenic

full member

Activity: 537

Merit: 100

Looking at my list of involved in ICO's this year, I'm really happy to have gotten involved with this one and I look forward to Q4 2017 for this at the top of my list with a number trying for second place, distantly.

auroboros

sr. member

Activity: 588

Merit: 254

Is there any bounty for this dev project ?, i'm sure this project to be one of the successful projects and be a promising project for future investment, total only 100 tokens are created. The price can be more 1 BTC

statdude

legendary

Activity: 1498

Merit: 1000

I bought into this to hedge against my own MM activities. In case Rial makes my methods worthless Grin

JohnEdeep

newbie

Activity: 1

Merit: 0

Hope your right about making people rich. I missed bitcoin and ETH. Not this time!!

takeshibaconsuzuki

newbie

Activity: 4

Merit: 0

Quote from: luckytiger on July 19, 2017, 06:41:52 AM

50% of the trade log (in appendix 2), containts positions which require shorting on bitstamp.
However you cant short on bitstamp, so how would you do this?
Because otherwise half of your appendix 2 is false information.

the whitepaper discussing their trades: https://www.rialto.ai/wp-content/uploads/2017/06/RIALTO.AI_Whitepaper.pdf \
appendix 2: https://www.rialto.ai/wp-content/uploads/2017/06/Appendix2.pdf

Arbitrage is the simultaneous buying and selling of an asset on two different exchanges to profit from the price difference. Why would you need to short anything?

maxNIMFA

full member

Activity: 166

Merit: 100

The only way for RIALTO.AI's team to become millionaires is to help their investors become billionaires.

Topic: [ANN] RIALTO.AI Cryptocurrency Arbitrage and Market Maker ★ OFFICIAL THREAD ★ - page 31. (Read 55641 times)