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About ResidualToken(RSDLL)

What problem does Residual Token solve? (or: what human need does it satisfy?) and how exactly does it do so?

A gap exists between traditional fiat lending and digital asset-based lending. The divide is marked by safe, long-standing, regulated lending practices on the one side, and highly specialized engineers with big ideas on the other. Our open-source, lending management protocols and vast traditional fiat lending experience bridges this gap.

How is the idea monetized? How do the token holders profit?

The token allows a lender to use the platform. The ecosystem will allow new participants to buy token, creating a marketplace for tokens.

Team

ResidualToken's team members.

Howard Krieger

Howard Krieger

Managing Director

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Ryan Medlin

Ryan Medlin

Founder and Head of Tech

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Roadmap


 
Q4 2018 Basic Collateralized Lending Protocols and Lending Browser based DaPP using one Asset Class. ​Beta test Alpha of lending protocols in a closed environment ​Begin full third party security audits.
Q1 2019 Additional Ecosystem Protocols such as Escrow, Uunderwriting, and Custodial Services ​Ecosystem Servicing DApps using Protocols Initial Lending Ecosystem Partners officially introduce its lending platform based on Residual protocols based on market feedback and asset classes ​Add 1 to 2 more asset classes determined by market demand. Potentially Real Estate and Accounts Receiveable tokenized assets.
Q2 2019 Advanced Protocols such as Collateral Valuation and Loan Pricing Valuation and Loan Pricing Servicing DApps using Protocols ​Pinning/Linking to Tokenized assets on non Ethereum blockchains. ​Iterate on existing protocols and features based on system usage and market factors. Onboard/Integrate 2 to 5 more partners in each Ecosystem Area ​Onboard 5 to 10 more Tokenized assets based on market demand

 

Q4 2019 Iterate with Ecosystem partners and add value add priority features and work towards how a more fully decentralized set of participants will work. Potentially annouce plans for Version 2.0, the evolution of platform. Engage other Blockchain platforms and technologies and determine how to interoperate. Potentially Migrate to Zen Protocol with formally verifiable and Finantial system domain focus.

Quick notes

Tokenomics

Token Info

Available tokens: 90% Price: 250 Soft Cap: 2200 ETH Hard Cap: 15300 ETH Buy with: ETH Platform: Ethereum Location: Switzerland Restricted: No

Other Info

MVP/Prototype: No Escrow: Yes Category: Banking & Payments

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What problem does Residual Token solve? (or: what human need does it satisfy?) and how exactly does it do so?

A gap exists between traditional fiat lending and digital asset-based lending. The divide is marked by safe, long-standing, regulated lending practices on the one side, and highly specialized engineers with big ideas on the other. Our open-source, lending management protocols and vast traditional fiat lending experience bridges this gap.

How is the idea monetized? How do the token holders profit?

The token allows a lender to use the platform. The ecosystem will allow new participants to buy token, creating a marketplace for tokens.

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