ASSESSMENT OF OVERVIEW OF RAIDO (RFD)
What is Raido
Raido is a decentralized financial project developed on the TRON blockchain. The Raido ecosystem includes investment services, cryptocurrency trading, auctions, peer-to-peer lending.
Raido products
- Raido Staking
RFD DeFi offers a wide range of investment options and passive rewards by RFD. - RFD DeFi WebApp
- Cryptocurrency Exchange (Exchange)
- Conversion platform (Swap)
- Wallet electronic money (Wallet)
- Unlisted Stock Exchange (OTC)
- RFDEX — Antiquities and artwork auction floor
- Art work auction
- Antiques auction
Basic Information about Raido (RFD)
- Ticker: RFD
- Token standard: TRC-20, TRC-721
- Token type: Governance Token
- Total supply: 2,100,000 RFD
- Number of tokens in circulation: 1.050.00000.000 (50% of total supply).
- Founders: Evgeniy Nikolaevich (Head of the RFD Community Management Team) and Alex Costa (Marketing Director)
- Website: https://raidocommunity.org/
- Contract Overview: TEXqjNgJWC6oiBBfnujeHrkNTf1f2vPaML
- Time to list on exchange: Not yet determined
Advantages of RFD
Multi-purpose token
In essence, RFD is still a governance token of Raido. Therefore, the RFD owners vote in community surveys on policy-making issues. The more RFD holdings you hold, the greater voting shares.
In addition, RFD is also used to pay for services in the Raido ecosystem. For example, you can use RFD as collateral to borrow other stablecoins like USDT or exchange for other digital assets.
Fast, safe and low-cost transactions
All transactions in the Raido network are processed automatically thanks to the smart contract protocol running on TRON Virtual Machine. Thereby, users will experience transactions with almost instantaneous speed, complete anonymity and significant cost savings. In addition, information about these transactions is also stored in the ledger for monitoring and auditing at any time.
NFT standards
After a series of billions of billions transactions since the beginning of this year, the term Non-fungible Token (NFT) has gradually become more familiar in the crypto community. It represents the non-fungible token on the blockchain. Each NFT represents a unique asset, serves as an endorsement of individual ownership and exists as a variety of digital assets. Because of these, NFT is increasingly being used in the blockchain industry.
Raido is planning to incorporate this new standard into its antiquities and artwork auction service called RFDEX. Advanced TRC-721 protocol promises to overcome the shortcomings of the “elder” like Bitcoin (BTC) or Ethereum (ETH) thanks to a token attached to a unique ID that cannot be replaced with other identifying information stored in the smart contract.
Plenty of rewards
To attract the attention of the market, Raido offers an attractive compound interest system based on a network of members inviting the project. Besides, there is a maximum prize of 10,000 USD for the best leader or distributor of the year.
Token allocation plan
- 50% for the staking community
- 15% for the founding team
- 15% offered to investment funds, major partners
- 10% for Marketing and Airdrop for community development
- 10% for research and development projects
How to get the RFD
To experience Raido products and services, you hold a certain amount of RFD. As developer Raido says, users can ownabbit by a variety of ways. However, the investment method under the Raido Staking packages is considered safe and has the potential to bring the highest profit.
- Through Raido Staking
Raido Staking works based on a Proof of Stake (PoF) mechanism. This means you have to sign up for a Raido account (this process requires a referral code) and deposit your assets into the smart contract within 750 days. Details of each staking package are described in detail below.
With a committed return at the end of the investment cycle of up to 240%, you can choose to withdraw your profit in one of two ways.
- Staking original withdrawal: After 90 days from the time of buying the package, users are entitled to withdraw 10% of their investment capital each month. Monthly income rate is about 3% to 5% / month.
- Staking 24 months: If you choose to do this, you cannot withdraw a portion of the original monthly basis. Instead, Raido will repay the full initial capital after two years at a significantly higher monthly rate of income, about 5% to 10% / month.
- Through cryptocurrency exchange platforms
According to official information posted on the homepage, RFD is expected to appear on decentralized exchange JulSwap in early May. After that, developer Raido will hold a community opinion survey in turn during the quarter. II and quarter III / 2021 to determine the next listing of RFD. The list targeted by Raido includes many reputable exchanges such as MXC, KuCoin, Bittrex, Poloniex, Huobi Global …
Reward system
As mentioned, the Raido account registration process requires a referral code. The system will give each user a different referral code that does not change from time to time. You can also become a distributor by sending your referral code to your friends and instructing them to register to experience Raido products and services.
In the Raido ecosystem, accounts are divided into seven classes based on the value of the Raido Staking package. The higher the member’s rank, the more benefits you get. You can refer to the preferential policies for each member class below.
The table above shows that the lowest tier Starter corresponds to a $ 200 Raido Staking buyer, and the highest is Diamond for an investor with a minimum of $ 20,000. Raido also offers bonuses that increase each time you rank up. For Diamond members, revenue will come from a 15% direct profit, accompanied by 33% compound interest of F1 and $ 200,000 in bonuses.
Developer Raido also organizes awards for its effective distributors. Solving order is determined based on individual and group revenue for six months. If you are lucky enough to be on the list of the highest earning, you will receive a minimum bonus of 5% profit and a gift worth up to 10,000 USD.
Development roadmap
Timeline
Development plan
Should you invest in Raido
With a clear goal and keeping up with the rising NFT trend, this is considered a potential project. However, Raido needs more time to develop and verify its value in the market. Despite promising huge returns, Raido is probably only really suitable if you are looking for a long-term financial investment channel.
For any questions about Raido (RFD), please contact the following channels.
Twitter: https://twitter.com/CommunityRaido
Telegram: https://t.me/rfdmedia
YouTube: https://www.youtube.com/channel/UCsEH-Snn9qZihC52Ki-afyQ
