RBIS, the token powering the ArbiSmart project, is currently valued at around $0.5 USD but it is ready to skyrocket. The listing process is about to take off and multiple new RBIS utilities are in the pipeline for 2022, which should drive up the price significantly in the months ahead.
The crypto markets are evolving at lightning speed with established coins like Bitcoin, Ethereum and Ripple being overtaken by up-and-coming altcoins offering new, varied, and valuable applications of blockchain technology.
Breakout coins like Solana, Cardano, Doge, Avalanche, and Shiba Inu have soared in value in an incredibly short space of time, generating generous capital gains for those who got in on the ground floor.
The ArbiSmart and RBIS story so far
Since the project was launched in 2019, its automated crypto arbitrage platform has generated passive profits from price inefficiencies – temporary differences in the price of a cryptocurrency across exchanges.
Profits are exceptionally high, ranging from 10.8% to 45% a year, based on the size of the investment. However, the primary advantage of the project’s flagship utility is that it provides a hedge against a crypto collapse. Whether its a bull or bear market, price inefficiencies will emerge with the same regularity, so you can continue to earn a reliable profit without your crypto losing its value, even in a crash.
Passive profits can also be earned by storing your capital in an ArbiSmart long-term savings account, where funds are locked, for a chosen time period. In return for storing your funds, you can make up to 1% interest a day, depending on the deposit amount, currency, and the length of time until the savings account contract expires.
At the start of 2022, RBIS was listed for the first time. Since the listing process began in January, RBIS has been added to multiple leading global exchanges, including Coinsbit, HitBTC, SushiSwap, LAToken and Uniswap.
With each additional listing RBIS gains credibility and broadens its reach to entirely new communities, proving its long-term viability. Name recognition is boosted but most importantly RBIS gains liquidity and trading volume, encouraging even more top-tier exchanges to list the token.
Massive project development
RBIS demand is about to soar even higher in the coming months as ArbiSmart evolves into an end-to-end financial service hub. The project will be adding a series of new RBIS utilities, starting later this month with the introduction of a decentralized yield farming program.
The program is being offered via Uniswap, with an ArbiSmart interface through which users can track data, yield farm and withdraw funds at any point. Participants will be rewarded with 0.3% of the fees on every trade, as well as annual percentage yields of up to 190,000%, for staking funds in ETH/RBIS and USDT/RBIS liquidity pools.
Next quarter, ArbiSmart will be kicking into high gear, with the launch of an interest-bearing digital wallet for FIAT and crypto. The wallet will provide secure storage as well as up to 45% in annual interest.
Q2 will also see the introduction of a marketplace for non-fungible tokens (NFTs). The participant will be able to buy NFTs using RBIS, which certify ownership of the artworks in ArbiSmart’s 10,000-piece digital collection.
Looking further ahead, H2 of this year and early 2023 will also see the release of a number of additional utilities. ArbiSmart has already upgraded its EU authorization to cover virtual currency banking services, as by the end of the year, the project is aiming to introduce crypto debit cards, IBANs and payment service solutions. ArbiSmart also intends to launch a mobile app in the second half of the year. Compatible with iOS and Android devices, the app will enable users to buy, exchange and store digital currencies. These developments will be followed up by a funding launchpad for promising up-and-coming coins as well as an ArbiSmart cryptocurrency exchange.
With fresh listings and the ongoing development of new RBIS utilities, token demand will soon outpace supply. As demand rises, the supply, which is permanently capped, will continue to shrink, driving up the token price.
While right now, a glance at CoinMarketCap shows RBIS to be worth under a dollar, analysts are projecting a 4,000% rise in price in 2022, due largely to the rapid pace of development as ArbiSmart expands its ecosystem to cover the full range of crypto financial services. To make the highest possible capital gains from an altcoin that is about to take off and become a major breakout star, buy RBIS today.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.