What is RIZON?
RIZON is a Tendermint core-based blockchain platform that develops modules to support the transformation of off-chain services into on-chain services. These modules provide users with blockchain-based services, promote the flow of ecosystem participants, and diversify the businesses that use the platform.
In other words, RIZON is a digital currency and asset hub that provides a platform where fiat currencies around the world can be securely issued to enable businesses to interact. together. RIZON will enable interoperability between sovereign blockchain networks and allow the creation of an environment for these networks to utilize large amounts of liquidity, providing for the business needs of individual projects. RIZON has a strong network base and is capable of promoting ecosystem participants and diversifying business activities.
Rizon aims to be the stablecoin hub for digital asset exchange and businesses looking for on-chain services by improving the inefficiencies of the payment system. They plan to reduce the interference of middlemen and maximize profits through low payment fees. Rizon also enhances the horizontal scalability of enterprises and provides borderless connections with the interoperability of user bases.
Core Features of RIZON
RIZON's mission is not only to provide liquidity in its own blockchain, but also for the Cosmos ecosystem and beyond. The first step to becoming a Digital Currency and Asset Hub is to launch stablecoins. RIZON will focus on building a stablecoin generation and governance model.
One of the features of the RIZON team is to invite the Rizonians to see the vision of the RIZONs. More trading pairs and market types will also be introduced to attract new members of the community. Currently, Event Horizon has officially ended and the previous members are learning how to become Cosmonauts. However, more spot markets are needed to allow easy access for newcomers to this decentralized market. In the coming months, new spot markets will be introduced to the community.
The key point of being part of the Cosmos ecosystem is IBC. RIZON has launched with Cosmos SDK and will soon be part of IBCGang. This IBC solution will allow RIZON to offer marketplaces from other protocols such as Osmosis, Emeris, Sif, and more. This is also very important for RIZON.
RIZON will also focus on building modules and following the necessary core updates. There will be several concepts that RIZON will focus on and support
In RIZON and in the Cosmos ecosystem, anyone can suggest ideas in the forum and vote to create developments in the participating network. To expand the community, there will be a number of ecosystem promotion programs that make RIZON more decentralized and community-driven.
Validators are one of the most core contributors to DPoS consensus. To give voice to themselves and their trusted founders, sufficient voting power is required. For validators, there will be an authorization program that runs when securing the network and contributing to RIZON.
RIZON is managed and operated by community members, Rizonians. To grow RIZON, a community group was needed that was designed to make the right decisions and used to benefit those who participated.
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