Skip to main content

Token Utility

Tokenization platform interactions​

1. Access and membership​

Rizenet token holders can unlock exclusive platform features by engaging in a tiered membership system. Memberships are categorized into four levels—Platinum, Gold, Silver, Bronze— each requiring a specific amount of $RIZE to be locked in smart contracts. The locked amount is evaluated in fiat currency at the time of activation, with a 30-day commitment period allowing users to test premium features. After this period, tokens can be fully recovered, offering flexibility and low risk for users to explore the platform’s offerings.

  • Premium access : Members gain early and exclusive access to new projects, with priority in asset allocation and increased shares in oversubscribed listings.

  • Membership perks : Benefits escalate with higher tiers, ranging from basic perks to discounts and exclusive features, enhancing the user experience and engagement.

2. Payments for services​

  • Tokenization fees : Asset owners pay a fee based on the value of the tokenized asset.

  • Service payments : Tokens could be used to pay for various services within the Service Providers Network.

  • Discounts on transactions : Token holders benefit from reduced fees on secondary market transactions and lower costs for specific services on the platform and with partnered providers.

  • Payment for immutable e-signatures : Document Issuers can pay with discount to use the Patent-Pending (USA application no 63/579,982) web3 business communication protocol for immutable e- signatures. This payment covers the use of the service and the fees associated with document storage. Document Signers also make use of $RIZE to register their immutable signatures.

Blockchain Operations​

1. Gas Token mechanics for the Rizenet blockchain​

Like most blockchains, the Rizenet blockchain requires the use of gas to process transactions. This gas fee mitigates the risk of network spam and ensures efficient transaction processing. Although individual transaction costs are low, the chain’s capacity to handle substantial transaction volumes means that the total fees accrued can be considerable.

To ensure consistent and affordable transaction costs, Rizenet’s validators can update the gas pricing mechanism to lower the gas paid, effectively counterbalancing the volatility of the $RIZE.

2. Decentralized Machine Learning (DML) Infrastructure​

The T-RIZE advanced DML infrastructure significantly enhances smart contract capabilities, enabling off-chain inference requests from specifically defined models with the assurance of computation accuracy via zero-knowledge proofs (ZK-proofs) or inference consensus. These proofs validate the computations without exposing the underlying data, ensuring privacy and security remain intact.

  • Fee structure and compensation: Utilizing the DML services requires smart contracts to pay a fee, which compensates data owners, inference executors and governance bodies, creating a sustainable economic model for all stakeholders involved.

  • Federated learning and data privacy: We employ federated learning (FL) to allow data owners to engage in model training while keeping their datasets private. Unlike traditional methods, this approach aggregates models, not data, enabling data owners to monetize their contributions indirectly and maintain confidentiality. Smart contracts gain access to a diverse pool of aggregated knowledge from various trusted data sources, enhancing their functionality and decision-making capabilities.

  • Monetization and incentivization: Recognizing the substantial value of their datasets, we reward data owners who contribute to model training. This incentivization encourages continued participation and investment in the DML ecosystem.

  • Governance and scalability: The governance model of the platform ensures that DML operations are adaptable to changing needs and emerging technologies, with stakeholder votes guiding key decisions on model updates and financial distributions. Designed for scalability, the network ensures robust performance as demand increases, effectively supporting DML-driven smart contracts.

RIZE Token White Paper

T-RIZE Labs - Ecosystem R&D​

T-RIZE Labs serves as the research and innovation core of the T-RIZE Group, functioning much like a blockchain foundation but with a distinct focus on driving technological advancements. Staffed by a team of dedicated engineers and researchers, including Ph.D.s and Postdoctorates in software and blockchain engineering, T-RIZE Labs leads the charge in the development and integration of cutting-edge technologies in tokenization and decentralized machine learning (DML).

Innovative Funding and Token Utility​

  • R&D Support:
    Rizenet tokens ($RIZE) will play a pivotal role in supplementing the lab's R&D funding. These tokens can provide direct financial support for ongoing research projects, acting as grants that fuel innovation within the ecosystem. This financial mechanism ensures sustained investment in exploring new applications and enhancing existing technologies.

  • Payment for DML Services:
    Looking forward, the utility of $RIZE will expand to cover access to advanced DML services. These services will leverage the research outputs of T-RIZE Labs to offer sophisticated, AI-driven solutions that enhance the platform’s capabilities.

Last updated on