Global Risk Exchange logo

Global Risk Exchange (RISK)

Status
ICO

Global Risk Exchange (or “GRE”) is a blockchain-based, decentralized and open global risk exchange market, with the purpose of helping individuals, companies and organizations to easily trade or hedge their risks. With RISK tokens, users can simply use our app or hyperlinks to trade various kinds of risk management contracts such as Altcoins price movements, weather conditions, credit quality of all public traded bonds, commodity prices and so on.

Global Risk Exchange White Paper Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl
NA
Learn more about our rating
User Rating
Medium
3/5 1 votes
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Ticker
RISK
Type
Utility-token
Registration countryJapan

What is Global Risk Exchange

The GREF platform leverages a decentralized order matching engine to facilitate risk management contracts.

GREF users could make suggestions to new HIs and use HI Editors to upload new HI Candidates. At the same time, they should also give stable, timely and verifiable data source or oracles.

Every HI Candidate submitted will be reviewed by GRE team or volunteers and contributors who has passed the review process will be reward by RISK tokens.

There are two ways to trade the risk management contract: paying premium and buying capacity. GREF users chooses to pay premium when they have risks that they want to hedge and when that risk actually happens in the future, they will receive the claim to cover their losses; users can also choose to buy capacity, if the risk does not happen before the expiration of the contract, users will receive the premiums.

Global Risk Exchange Roadmap

1
Q1 2018


GRE-Core development
. Centralized Oracle development
. Demo of GRE App development
. Demo version of App-server development.

2
Q2 2018

HI editor development. Mobile wallet development. Official App development. Continue GRE-Core and Oracle development

3
Q3 2018

Development of Alpha Edition. Provide API & SDK. Security audit. GRE test running.

4
Q4 2018

Basic RDHI library content production. KYC related development. Security audit. Complete migration to public chain. Formal operation of the GRE primary market.

5
Q1 2019

Development of secondary market editor. Content production of secondary market base. Secondary market security audit. Complete development of the Alpha version of secondary market.

Token Sale Dates

ICO

Start date: May 20, 2018
End date: May 24, 2018

Token Allocation

Total Token Supply 4,000,000,000

Funding Details

Funds Raised (as of now) 3,858,500 USD

Token distribution


40% - Token Sale
10% - Foundation Management Fund
30% - Community Development Fund
20% - Team Member

Funds allocation


40% - Core Development
10% - Security
15% - Operation
15% - Marketing and PR
5% - Legal and Compliance

Token Price and Payment Options

Accepted Currencies ETH

Advisors

Alberto Pedro Gabriel
Alberto Pedro Gabriel
Advisor
Frank Desvignes
Frank Desvignes
Founder & CEO of AXA Asia Innovation Lab.files/3508-40563.jpg
Li Jun
Li Jun
CEO of Caike Wallet
Paul Qi
Paul Qi
Master of Actuarial Science at Boston UniversityInvestors
Shen Bo
Shen Bo
Founder of Fenbushi Capital Co-founder of BitShares
James Gong
James Gong
Founder of ICOAGE

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