What is Realio Network (RIO)?
Realio Network (RIO) is a token that positions itself in a booming field, real estate tokenization. The Realio project dates back to 2018 and the white paper was published in 2020. The two main people behind the project are Derek S. Boirun and Aaron Gooch.
Currently, the management team consists of:
- Derek S. Boirun, CEO;
- Kierstyn Kalman, COO;
- Nicki Sanders, CTO;
- Eduardo Romeiro, Director of Engineering.
RIO is the token of the Realio Network platform. It was launched on the market in June 2020. At the time of writing this article, the capitalization of the Realio Network project is 12 million dollars, which positions the RIO token 1023rd in the world.
What is Realio Network and its RIO crypto used for?
On its website, Realio Network defines itself as a means to eliminate “barriers to investing, trading and operating proprietary real estate, private equity and other real-world assets through decentralized finance (“DeFi”).”
The Realio Network platform involves 3 tokens:
- RST, the security token. If you own more than 10,000 RST, you can manage a node on the Realio network and validate transactions. This allows you to earn rewards and income from transaction fees and staking.
- RIO, the utility token. This token allows you to pay transaction fees on the Realio network. By owning a certain number of RIO tokens, this also opens the door to private sales of the RST token. Additionally, with the RIO token, you can delegate part of your participation in block validation.
- RealioUSD, the stablecoin. To deal with the volatility of crypto prices, the team introduced a stablecoin pegged to the dollar rate at a ratio of 1:1. The dollar funds to collateralize the stablecoin are held by PrimeTrust a US-based custodian and trust company.
The RIO token works on the Stellar blockchain (XLM) known for its great scalability. The Realio Network platform is compatible with the following blockchains:
Why invest in RWA cryptos?
To better understand the usefulness of Realio Network, let's return to the notion of tokenization. With tokens, it is now possible to divide a property into several small parts. With tokenization, users can own a fraction of real property, whether it is a building, a work of art, raw materials, etc. This makes it possible to reduce the entry ticket and therefore opens up investment to all budgets. In crypto, this is called real-world asset tokenization or RWA (Real-World Assets).
Tokenization is a booming field and finds particular application in real estate. According to Citibank, the third largest bank in the United States in terms of assets, tokenization will represent a market understood between 4,000 and 5,000 billion dollars by 2030.
The current price of RWA crypto RIO and its evolution
Discover below some data on the price of the RIO token and its past and future evolution.
RIO Price History
The price of the RIO token experienced two notable increases in:
- September 2020 with a price that reaches $3.8 ;
- May 2021 with a price reaching $2.6.
The price of RIO then experienced a sharp decrease from December 2021. The price went from $1.22 on December 27, 2021 to 0.04 on May 17, 2022. The price will remain below $0.1 until March 2023.
In recent months, the price of the RIO token has regained color. He thus exceeded the $0.3 mark in November 2023 then the dollar in March 2024.
Realio Network (RIO) current price
At the time of writing this article, the price of the Realio Network token is $2.02. The price of the RIO token is very volatile as evidenced by recent variations in its price:
- – 16% over the last 7 days;
- +110% over the last 30 days.
The recent strong variations can be explained by current events. In March 2024, BlackRock signed a partnership with Securitize, a firm specializing in RWA. The financial giant has decided to put its hand in its pocket to create a fund of 100 million USDC.
This announcement caused the price of RWA cryptos to jump, particularly that of RIO. We have in fact learned that the asset manager saw 10,000 RIO tokens transferred to a portfolio linked to his new fund. Unsurprisingly, this announcement had the effect of a bombshell for the RIO token.
Its price rose from $0.8938 on March 20 to $2.522 on March 27, i.e. 197% growth in 7 days !
Forecasts and future trends
Analysts believe that the price of the RIO token will continue to increase in the medium and long term.
For changelly, the price of the RIO token could come very close to the $3 by the end of 2024. In the longer term, the price of RIO could exceed $4 in 2025, $5 in 2026 and even $10 by 2028.
For coincodex, the estimates are very optimistic, particularly for 2025. The price targets provided by Coincodex are:
- Between $1.9 and $9 in 2025 ;
- Between $1.6 and $5 in 2026;
- Between $1.8 and $3.6 in 2027;
- Between $2.6 and $6.1 in 2028.
Even though it has been present on the markets since 2020, the Realio Network token is still little known. Besides, it is not listed on many exchanges. However, you can buy RIO on the exchange Mexc or OKX and CoinEx.
It is also available on DEXs, decentralized exchange platforms, such as Uniswap.
Do you want to invest in RWA cryptos and buy RIO tokens? Let's take the example of purchasing RIO on the Mexc cryptocurrency exchange.
- Step 1 : Open an account on MEXC. After creating your identifiers, you will need to complete the registration questionnaire and go through the various verification steps.
- 2nd step : Fund Deposit. Given its low reputation, there is little chance that you will be able to buy the RIO token directly in euros. By depositing funds on the exchange, you can use them to buy cryptos which you will then exchange for RIO.
- Step 3: Purchasing RIO token via spot market exchange. Simply go to the spot market tab and select the trading pair(s) that put the RIO token into play.
- Step 4: Storage of RIO tokens. You can store your Realio Network tokens on different wallets (hot or cold) such as Trust Wallet, MetaMask, Ledger, imToken, Torus, etc.
What do you think of the RIO crypto RWA?
RIO crypto is an RWA (Real World Assets) cryptocurrency, a sector tendency for 2024. RIO is starting to gain real momentum among crypto investors, in particular thanks to its strong potential as a crypto RWA. It is therefore an important token to know if you wish to invest in a promising token which has not yet seen its price explode.
The RIO token allows you to invest in tokenization of real goods, especially associated with real estate. The project relies on a solid team and benefits from the rising wave of RWA cryptos.
However, we regret that there is not more information available on this project. It is therefore difficult to find data on the technologies used, the partnerships established as well as the project roadmap. The only white paper available on the project dates back to March 2020 and deserves to be updated. In addition, the token is currently available on few crypto exchanges, which limits its accessibility.
➡️ If you want to invest in the field of tokenization, discover the 5 RWAS cryptos to follow in 2024.
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