Saturday, March 09, 2024 10:55:46 PM
The RISO tokens that are issued now internally, close to 70M, are like the shares in a company. The profits that are generated by the company are divided by the 70M tokens. That is all there is to it.
The tokens that will be sold to the public are also called RISO. But they are a different series. They function differently. They have different values. These tokens will be backed by 10 LB of Basmati rice per token, and they will cycle 12x or 24x per year. The client will get 8% return minus management fee plus 2/3rd gain above 8%.
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