Rilcoin is a peer-to-peer virtual currency that allows performing quick transactions without paying much amount as fees. Rilcoin is a cryptocurrency which would be based on a technology equivalent to Fiat Currency. All the features can be made suitable by using smart contracts. It will be the first virtual currency involving qualities of fiat currency. Rilcoin will be using X11 hashing algorithm and features of Ethereum Smart Contracts.

Goal and Mission

• To enable people to transact among themselves without these transactions being controlled by governments and mega-corporations
• To maintain monetary freedom by sustaining flexibility and convenience while buying or selling the assets
• To provide a universal medium to send as well as perform encrypted messages and encrypted transactions respectively
• To promote commercial websites completely based on the internet in order to make the world more commercialized and protected than ever before

Token Distribution

Allocation	RTK Tokens	Duration	Bonus
Pre-sale	5,000,000	15 Days	30%
Token sale Phase 1	10,000,000	30 Days	25%
Token sale Phase 2	10,000,000	30 Days	15%
Token sale Phase 3	10,000,000	30 Days	10%

• Starts from 1st November 2017
• 1 ETH = 300 RTK
• Total of 35,000,000 RTK tokens released
• Participation guide

Proceeds Distribution

Allocation	Percentage
Rilcoin's cold storage secure wallet	52
Development Team	20
Business Development	13
Research and Development	9
Bounties	4
Founders	2
Total	100