It’s Alive! Realio just went live with the Alpha release of the Realio Network, following much anticipation from the community. The team first decided to launch a Network back in 2021. After being battle-tested for several months by 100+ testnet validators, the Network was ready to debut.

The Realio Network is a Cosmos SDK Layer-1 Blockchain focused on the issuance and management of digitally native real-world assets (RWAs). Its design is fully open-source, permissionless, and purpose-built.

The Network has built-in EVM compatibility and features a native dual-token public Proof-Of-Stake (PoS) consensus mechanism for both Realio’s utility token, $RIO (Realio Network Token), and its hybrid digital security token, $RST (Realio Security Token).

Update: As of 09.29.24, the Realio Network has added a 3rd staking token, LMX

Important Details

Users and developers may now access the Realio Network as a Layer-1 blockchain built using the Cosmos SDK and running on top of CometBFT.

The Realio Network relies on a set of validators to secure the network. A validator's role is to run a full node and participate in consensus by broadcasting votes which contain cryptographic signatures signed by their private key. Validators commit new blocks in the blockchain and receive rewards in exchange for their work, ensuring that the same transactions are recorded across the entire Network and only valid transactions. CometBFT enables this process. Validators must also participate in governance by voting on proposals.

Cosmos SDK is an open-source framework for building public, sovereign, Proof-of-Stake (PoS) blockchains, with 250+ applications and services in its ecosystem. The Realio Network aims to be part of the growing Cosmos ecosystem of application-specific blockchains and will leverage the IBC protocol to transact with member chains.

Upon this Alpha release, Realio exposed the first version of the Realio Asset Model, a model used to allow the issuance and transfers of user-created assets. Asset tokens created on the platform can be hosted on several Layer-1 blockchains that are connected to a single interoperable ecosystem. The multi-chain feature will initially be made possible through a user-controlled, chain-agnostic issuance account created for each new asset, allowing asset tokens to be bridged across multiple blockchains while maintaining a parallel, immutable smart tracking ledger.

The Realio Network Alpha launch will allow users to construct Ethereum-based smart contracts and assets and utilize them within the Cosmos ecosystem.

Key Features

• Proof of Stake (PoS) Security - Validators and delegators help secure the Realio Network by bonding $RIO (Realio Network Token) and other Real World Assets (RWAs), such as the hybrid digital security token $RST (Realio Security Token) and $LMX (Liquid Mining Fund).
• Web3 Compliant - The Networks intends to host the base layer for a real-world-based virtual world, Districts.
• User-based governance - Built for its users, the Realio Network will allow the Network to participate and vote in the Network upgrades if they participate in staking either as a validator or by delegating tokens to a validator.
• Tokenization ability - The Realio Network allows for the creation of new assets in a secure decentralized process.

The Tokens

$RIO (Realio Network Token), is the native gas and utility token of the Realio Network. $RIO is a native multi-chain asset that currently exists on the Ethereum, Algorand, Stellar, and BNB network, with a genesis event for native $RIO.

$RST (Realio Security Token), is a hybrid digital security that provides its holders real equity and network utility. It provides ownership and profit share rights in Realio Network LTD (Realio's technology subsidiary) alongside staking and utility features to participate in network validation and block rewards on the Realio Network. Realio Network LTD is the 100% owner of Realio Technology LTD, a BVI company, which is developing and owns the rights to the Realio Issuance and Investment Platform, the Realio Network (which is open source), Districts (a real-world themed virtual world project), and the Freehold Wallet app (a forthcoming non-custodial, multi-chain DeFi wallet app built on Realio's blockchain infrastructure).

$LMX (Liquid Mining Fund), is a fully tokenized special-purpose vehicle that exposes investors to Bitcoin mining, focusing on immersion cooling technology and sustainable power sources such as hydroelectric. Currently, Liquid Mining Fund directly holds private shares of a large, institutional-scale immersion miner, one of the lowest-cost producers of Bitcoin globally. Going forward, Liquid Mining Fund will actively seek to acquire ASICs directly by raising new capital and deploying capital from the proceeds of liquidating its existing holdings at opportunistic intervals. Bitcoin mined from the operation of these ASICs will be distributed to holders of LMX.

Who the Realio Network is for

With the Alpha launch of the Realio Network come opportunities for multiple stakeholders. The Realio team expects that because their Network is EVM compatible and easy to use, it will allow Ethereum developers to create DeFi and diverse apps to benefit all users. With EVM’s popularity, it is frequently used for smart contract standards by many blockchains attempting to duplicate Ethereum’s success.

Those interested in the Network's security and efficiency can participate in the Network’s incentives— rewards through staking. Staking enables the Network to be more resistant to attacks and strengthens its ability to process transactions.

Additionally, because Realio supports the creation and issuance of digital, blockchain-based tokens,  the Realio Network is an ideal venue for digital fundraising and ongoing management for fund managers looking to create, raise and manage funds digitally using blockchain technology. The Network, paired with a digital platform or dApp, can facilitate easy management of investors through a digital platform, widening access to new investors while automating compliance obligations.

Find out more at https://realio.network/.