Rigly was born of 3 determined founders and has a connection to Chaincode Labs, a Bitcoin research and development center in New York City.
One of our co-founders is Adam Jonas, CEO of Chaincode Labs. He was the one to suggest multisig on-chain escrow.
This is how our hashrate marketplace was born. But it wasn’t a new idea.
We just use the same approach for mining that has worked since bitcoin's early days where 2 parties want to trade with each other, but can't trust each other.
With our 50/50 escrow, miners have incentive to sell their hashrate and buyers also make a good investment. 🤝
