Riltoken crowd sale process is being divided into 3 phases and a 15 days Pre-Sale, offering 10 million tokens during each phase and 5 million in pre-sale with 30% bonus for early investor. The first slot has 25% bonus, the second slot provides 15% bonus, and the last slot has 10% bonus. This bonus indicates that the buyer will get extra Rilcoins at the time of Rilcoin allocation.
Rilcoin is also one of the decentralised, and peer-to-peer virtual currencies that allow users to transfer money via the internet more transparently and conveniently. Rilcoin is going to be an exclusive cryptocurrency in comparison to other altcoins. Rilcoin is a part of first decentralized asset management platform.
Rilcoin founders, Mr. R. Kathiriya (a businessman from India, based in the UK), and Ms. Suzette Paulsen (a US-based businesswoman), joined together with an intention to give birth to a decentralized asset management platform to be supported by an innovative cryptocurrency that owns all favorable elements of a fiat currency.
The concept of Rilcoin is being introduced to create an innovative asset management platform . The Asset management fundamentally gets connected with any asset that contains a value for an entity. It can be utilized for both intangible as well as tangible assets. The motive of Rilcoin is to provide an exclusive perspective to financial instruments and also to funding tactics. It will propose users with options to invest in cryptocurrencies backed by Blockchain protection and real-world assets which are going to introduce new investing methods. The platform will promote development of technologies and devices built using Smartdust technology, self-driving (AI) vehicles, autonomous agriculture, renewable energy, a completely different global real estate, worldwide banking, and much more. The whitepaper of Rilcoin fluently describes how actually it works and what are the uses of Rilcoin platform. The real world assets and other alt-coins and can be tokenized through this Asset Management Platform. The assets will be verifiable assets; an AI fraud prevention system will prevent users from investing in high-risk assets. The Fraud Detection system will be managed by Artificial Intelligence. Assets will be classified into categories like high-risk, low-risk & safe using an algorithm of trust rating.

Rilcoin is scheduled to launch in the mid 2018, as a result of the collaboration of technology partners, TechRangle Inc. (a Canadian technology company) and Quickdesk Solutions Ltd..

The Rilcoin ICO pre-sale initiates on November 1, 2017.

Special 30% Bonus in Pre-sale: 15 Days - 5 Million tokens for Sale
Phase 1 - 25% Bonus - 30 Days - 10 Million tokens for Sale
Phase 2 - 15% Bonus - 30 Days - 10 Million tokens for Sale
Phase 3 - 10% Bonus - 30 Days - 10 Million tokens for Sale

The crowd sale process is being divided into 3 phases offering 10 million tokens during each phase. There is a pre-sale of 5 million tokens, starting from 1st November 2017. The first phase has 25% bonus for early investors, the second slot provides 15% bonus, and the last slot has 10% bonus. This bonus indicates that the buyer will get extra Rilcoins at the time of Rilcoin allocation.

Opening: November 1, 2017; 00:00:00 UTC

RIL tokens are priced at $1/token.

The company has set an aim to give new definition to the crypto investment network by providing a technology that can increase the applications of blockchain to the most considerable extent. Investors are proposed to exchange Ethereum to buy RIL token during the ICO.

As per the standards set by the project, it is a cryptocurrency that would be depending on a hybrid technology similar to Dashcoin, which uses X11 hashing algorithm and Ethereum Smart Contracts.

The developers claim to bring all useful features of fiat currency into this hybrid cryptocurrency. And, all the unexpected features are claimed to be favorable using smart contracts. Some of the investors or crypto activists may disagree, but its flexibility to acquire all the benefits of fiat currency makes it more acceptable to the consumers and merchants. This makes Rilcoin more profitable investment as compared to all the other existing and new cryptocurrencies laughing soon.

Rilcoin is designed to be an open source global payment system that would be entirely decentralised, i.e. excluding involvement of any government body. Mathematics problems secure the network and let users control their financial accounts