1. What is grg?

Introduction to RigoBlock (GRG) Tokens

RigoBlock is a type of Tokens that provides users with a decentralized management digital asset management platform. Unlike other Tokens, RigoBlock does not operate on the blockchain but is built on spacechain technology, enabling it to offer more efficient and secure digital asset management services.

The main features of RigoBlock include:

1. Decentralized Management: RigoBlock achieves decentralized management through spacechain technology, ensuring the security and efficiency of users' digital assets.
2. Digital Asset Management Platform: RigoBlock provides users with a comprehensive digital asset management platform that can meet various user needs.
3. Spacechain Technology: RigoBlock uses spacechain technology to offer more efficient and secure digital asset management services.

In summary, RigoBlock is an innovative Tokens that provides efficient and secure digital asset management services through spacechain technology.

2. Who founded grg?

According to the information provided, it is not possible to directly determine the founder of GRG (RigoBlock) Tokens. The related materials mainly introduce the functions, technical characteristics, and application scenarios of GRG but do not explicitly mention the founders' information. Therefore, an accurate answer cannot be provided.

3. Which venture capital firms invested in grg?

According to the information provided, the following venture capital firms have invested in related Tokens projects:

1. Benchmark Capital: Invested in Chainalysis, completing a $16 million Series A financing round.
2. GF Network and Distributed Capital: Led nearly 100 million RMB in angel round financing for CoinMex.
3. HTX Network and OKCoin: Jointly invested $15 million in the angel round financing for BHex.
4. Greg Kidd (former senior analyst at the Federal Reserve, now Chief Risk Officer at Ripple): Invested $57.5 million in the angel round financing for Uphold.
5. Well-known Silicon Valley venture capital firms: Invested $140 million in strategic financing for BlockTower.
6. March Capital Partners: Led a $12 million Series A financing round for Xage Security.
7. Soros Fund Management: Led a $70 million Series A financing round for Ethereum CryptoKitties.
8. ING Ventures: Invested $16 million in TradeIX.
9. GSR Ventures, Lightspeed China Partners, Northlight Venture Partners: Started paying attention to the crypto track, specific investment projects not detailed.

These venture capital firms invested in multiple Tokens and blockchain-related projects in 2018 and subsequent periods.

4. How does grg work?

Tokens are a type of digital or virtual currency that uses cryptography to secure transactions. The following are the basic principles of how Tokens operate:

1. Blockchain Technology: Tokens operate on a distributed public ledger known as the blockchain. The blockchain is a high-level database mechanism that allows information to be shared transparently across enterprise networks.

2. Transaction Records: Transactions involving Tokens are recorded in blocks, with each block containing multiple transactions. These blocks are linked together through cryptographic hashes, forming a chain, which is the blockchain.

3. Consensus Mechanism: In a distributed blockchain network, the majority of participants must reach a consensus that the recorded transactions are valid. This consensus mechanism ensures the legality and immutability of transactions.

4. Cryptographic Technology: Tokens use cryptographic technology to validate transactions. This technology involves advanced coding, ensuring the security of transactions.

5. Mining Process: Tokens are created through a process called mining. Mining involves using computer power to solve complex mathematical problems that generate coins.

6. Digital Wallets: Tokens are stored in digital wallets. Users can use these wallets to send and receive Tokens.

In summary, Tokens operate through blockchain technology, consensus mechanisms, cryptographic technology, the mining process, and digital wallets. These components work together to ensure the security and transparency of Tokens transactions.