RhIZO: The Metacurrency

RhIZO (RZO) Metacurrency will provide people with a non-speculative way to invest their money while also gaining the benefits of a stable coin. RhIZO will be, for the first time, a currency that is strengthened by a real-estate production economy. RhIZO will derive its value from the real-estate assets built by each GloGreen Global Factory.

Glogreen is seeking to raise $50,000,000 in funding through its FCO. These funds will be used for the construction of the first GloGreen Global factory and the development of the RhIZOMA network. The FCO will be rolled out in 3 phases beginning with a pre-sale of what Glogreen calls a Factory Coin Offering (FCO).

Phase 1: FCO Pre-Sale

During the pre-sale, the price of each RhIZO will be $0.25. The total number of Metacurrency to be issued during the pre-sale is 2,000,000. RhIZO can be purchased during the pre-sale on the launch page Pre-sale until the total allotment is exhausted.

Everyone who participates in the pre-sale and who purchase a minimum of 8,000 RhIZO ($2,000 USD) will be airdropped an NFT memorializing their contribution to this historic moment.

Upon completion of the FCO, all participants of the pre-sale will have the option to redeem their coin at a maximum price of $0.50 USD for each RhIZO.

Phase 2: FCO

The launch of the FCO will be on April 22nd 2023 – Earth Day

During the FCO, we will sell 100,000,000 million RhIZO at $0.50 each with a maximum investment amount of $2,000 per individual or entity.

Phase 3: Staking Rewards

Metacurrencies sold in the FCO will automatically be set to be staked until the completion of the factory. Staked RhIZO will accumulate at a compounding rate of 10% annually. Same rate will apply to the RhIZO owned from the Pre-Sale.

Once the construction of the first factory is completed, all RhIZO will be “unstaked” and available to be exchanged on any exchange.

Coinomics

Every GloGreen Global Factory will produce a minimum of 5 projects per year. The only way (place) to buy the coin will be through our RhIZOMA app (exchange). The creation of a coin will happen only through the financing of a Glogreen real-estate project somewhere in the world. The people that want to buy coins will have to go to the app and exchange their currency (anyone accepted by the app) into RhIZO and they have to assign their money to a project in the app.

RhIZO metacurrency is generated almost like a federal bank that nobody other than the complete decentralized network itself owns. It is a real DAO. The organization of the chain will be done by supercomputers installed in the mechanical area of every building all around the world. The whole system is powered by its own renewable energy and paid by the network itself but owned by nobody.

GloGreen Global’s licensing fee is 15% per project and a portions of those proceeds will be directed to RhIZOMA to back RhIZO ensuring that the Metacurrency will always be secured and collateralized by Real Assets making it stable.