The digital currency market can be incredibly profitable for investors who manage to identify rising crypto stars early on and buy in early enough to make substantial capital gains. One stand-out up-and-comer is ArbiSmart (RBIS). RBIS is projected to rise to two thousand times its current value in 2022 as new utilities are introduced, and it becomes increasingly accessible.
The ArbiSmart (RBIS) project
Currently, ArbiSmart’s primary utility is automated crypto arbitrage, which offers a great hedge against falling crypto prices. However, in the coming months, ArbiSmart will be introducing a stream of new utilities and making the leap from a crypto investment platform into a diverse crypto hub, covering a wide array of financial services.
Automated Crypto Arbitrage
ArbiSmart’s automated crypto arbitrage platform generates passive profits from price inefficiencies. These are brief periods when a coin is available across a number of exchanges at different prices at the same time.
Profits range between 10.8% and 45% a year, depending on the size of the investment, and since price inefficiencies occur just as frequently in a bull or bear market, platform users will continue to earn a steady, consistent return even during a crash.
Long-term Savings Accounts
Another source of passive profits, is an ArbiSmart closed savings account. In return for holding their funds in a locked long-term account users are rewarded with interest of up to 1% a day. The exact amount of passive profit earned is dependent on the timeframe for the lock on the funds, the account currency and the amount deposited.
Token Accessibility and Liquidity
RBIS was listed for the first time earlier this quarter, and since then, the token has been added to an impressive list of premier league exchanges, including SushiSwap, LAToken Coinsbit, HitBTC, and Uniswap.
Additional major exchanges listing RBIS, means greater liquidity and trading volume as well as enhanced name recognition and accessibility as the token gains exposure to a wider audience.
The listing process is ongoing and as it continues to gather momentum, RBIS will gain credibility, expanding its reach to new exchange communities and proving its long-term viability, making it an increasingly attractive listing prospect to even more prominent, top-tier exchanges.
Development Highlights for 2022
The ArbiSmart project’s development team has ambitious plans for 2022, with the aim of driving token demand and pushing up the RBIS price, and it all kicks off with the launch of an interest-generating wallet at the start of April.
Interest-bearing Digital Wallet
The second quarter of 2022 will be incredibly busy. First up is a digital wallet supporting both FIAT and crypto. In addition to secure storage, wallet holders will benefit from unmatched interest rates of up to 45% a year.
This will be immediately followed, later in Q2 with the release of a mobile application. Compatible with both iOS and Android devices, the ArbiSmart app will enable users to buy, store and exchange crypto from any location, at any time.
Decentralized Yield Farming Program
Shortly after, a decentralized yield farming program will be offered via Uniswap, with a direct interface o the ArbiSmart platform. Participants will be able to stake funds through ETH/RBIS and USDT/RBIS liquidity pools, withdrawing the capital they have contributed at any time. Rewards are highly competitive, including 0.3% of the fees on every transaction as well as up to 190,000% APY.
Another RBIS utility in the pipeline for the first half of 2022 is an NFT marketplace, where participants will be able to purchase non-fungible tokens (NFTs). Through the use of smart contracts, these NFTs will certify ownership of ArbiSmart’s vast collection of digital artworks, ranging from audio and video to collectibles, photos and digital drawings.
The ArbiSmart team is keeping up the pace in the second half of the year. Getting the ball rolling, ArbiSmart has already upgraded its regulatory status and is now authorized in the EU to provide virtual currency banking products and services. This is because later in the year the project will be offering crypto banking services that include debit cards, IBANs and payment service solutions.
Keeping a foot on the gas, ArbiSmart will also be introducing its own cryptocurrency exchange as well as a digital asset launchpad, for funding new altcoins that show promise, a little further down the line.
Each of these utilities will increase demand for RBIS, since the token is required to use all ArbiSmart services. Meanwhile though, the supply is finite, capped forever at 450M RBIS. So, as demand rises, supply will become increasingly limited, which should push up the price significantly.
The RBIS token is one step away from taking off. Projections are sky-high and while the current token price is under $1 USD, the new developments being implemented right now are set to transform RBIS into a household name in 2022. To get a piece of the action, before the price shoots up, purchase RBIS today.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.