For investors looking to find the next great crypto opportunity of 2022, ArbiSmart (RBIS) presents an really strong prospect.
The RBIS token was first listed on crypto exchanges in mid-January, and according to recent to analyst projections it is on the verge of exploding, with a 20,000% rise in value anticipated in the coming months.
The project’s progress so far
Since kicking off last quarter, the RBIS listing process has rapidly gained momentum and the coin is already on multiple exchanges, including Coinsbit, HitBTC, LAToken, SushiSwap, and Uniswap, with more in the pipeline.
Each individual listing is improving name recognition by making RBIS accessible to an even larger global audience. Every additional exchange also boosts the credibility and viability of the token, while also driving liquidity and trading volume.
In terms of its offering, ArbiSmart currently performs crypto arbitrage, via an automated trading platform that generates up to 45% a year in passive profits. In the next few weeks though, the project is introducing multiple new RBIS utilities in quick succession, all of which are fully EU authorized.
Everything on the way this quarter
ArbiSmart is getting the ball rolling in May, with the launch of an interest-generating crypto wallet. Supporting a wide range of FIAT and cryptocurrencies, the wallet will offer secure storage as well as rates of up to 147% on RBIS accounts and up to 49% on all other currencies.
Wallet holders will be able to pick from a range of savings plans, choosing to always keep their funds accessible, or to lock their capital in an interest-bearing account, with a longer closure on the funds meaning a higher rate of interest.
Interest will be paid out daily and wallet holders will have the option to send their interest to an open account where it can be accessed at any time, while the capital on which it is being earned remains untouched in the locked account.
The wallet launch will be immediately followed by the release of a mobile version that will enable the user to exchange, buy or store crypto from anywhere via their phone or tablet.
This quarter will also see the introduction of Smart Yield Farm, a decentralized yield farming program that will enable participants to stake funds in ETH/RBIS and USDT/RBIS liquidity pools and withdraw their funds at any time. In return for providing liquidity participants will receive industry-high rewards including 0.3% of the fees from each trade and up to 190,000% APY.
In Q2, ArbiSmart is also releasing a collection of 10,000 unique digital artworks, as well as an NFT marketplace, where it will be possible to securely purchase and sell non-fungible tokens using RBIS.
What’s coming in the second half of 2022
This ArbiSmart team isn’t taking its foot off the gas in the latter half of 2022, and it has a number of additional utilities in the works.
In H2, ArbiSmart is launching its own cryptocurrency exchange, providing a particularly low fee structure and competitive rates.
Close on its heels will be the introduction of a play-to-earn metaverse with RBIS as its in-game currency. Participants will be able to explore and create new digital spaces, play various games, purchase in-game items, and generate real-world profit from buying virtual real estate and then building on or selling the digital plots of land.
In addition, ArbiSmart has just upgraded its EU authorizations to pave the way for the launch of a range of crypto banking services in the second half of the year, which will include crypto debit cards, IBANs and payment solutions.
How the ecosystem works
RBIS is required to use all of the utilities in the ArbiSmart crypto finance hub, so NFTs in the marketplace, and in-game items in the metaverse can only be bought with RBIS. Also, with Smart Yield Farm, funds must be staked in ETH/RBIS, WBTC/RBIS and USDT/RBIS liquidity pools, while wallet holders need to hold a minimum amount of RBIS to earn interest on stored funds.
The interconnected nature of the ArbiSmart ecosystem is designed to increase liquidity. For example, a gamer can buy an avatar for use in the metaverse through the NFT marketplace. Also, use of RBIS across the ecosystem is rewarded, so holding an NFT purchased with RBIS will ensure a higher annual profit percentage when participating in the yield farming program.
The introduction of all these new utilities is about to send token demand soaring, while the amount of RBIS that can ever be created is permanently capped. So, as demand rises, supply will drop, pushing up the price.
Currently the RBIS price is under $1, but as the ArbiSmart platform evolves into a packed financial services hub in the coming weeks and months, the token value is projected to shoot up to almost $200. To take advantage of the huge potential gains, while the price remains low, buy RBIS today.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.