RedBelly - Presale
The #Redbelly Network is a revolutionary solution for Compliant Asset Tokenization, built on an open finance platform that embeds distributed ledger technology into the heart of financial relationships. This eliminates information asymmetry and dramatically increases efficiency, helping to build a fairer financial system for all. With a novel leaderless consensus mechanism, democratic byzantine fault tolerant (DBFT) consensus developed with The University of Sydney and CSIRO’s Data61, we are able to achieve high performance and guarantee the impossibility of forking and mitigate double spending with near-instant finality.
😎Positive Notes:
• Blockchain engine allows for scaling to thousands of nodes.
• Completely revamped leaderless consensus algorithm.
• Not an incremental improvement over an existing solution.
• Best performance for NASDAQ, Uber, and FIFA workloads.
• Safety for high-value RWA through formal verification.
• Identity-first approach with on-chain ZK Proofs for verification.
• Fixed low USD gas fees — handles the inscriptions-type mania.
• 35 core team members, with over 25 engineers.
• Top minds from USYD, CSIRO, Block8 (Havven - now Synthetix).
• Visionary Leader, Prof. Vincent Gramoli, world-renowned in Distributed Systems.
🥺Negative Notes:
• Dependency on Leaderless Consensus.
• Competition Risks: The blockchain space is highly competitive, and RBNT will likely face competition from other projects with similar goals.
🤔Personal Opinion on the Project:
RedBelly Network presents an intriguing solution with innovative technology and a strong team. However, potential investors should carefully assess the risks associated with the early stage, competition, and market dynamics. Monitoring the project’s development, partnerships, and community engagement can provide valuable insights into its long-term potential.
@Athena Dexfi Deal:
15% immediate TGE (February 2024)
12 month linear
Price: $0.06608
DYOR 🙈🙉🙊
Thanks
