ArbiSmart is the latest project to have grabbed the attention of crypto investors, analysts and enthusiasts and it is on track to explode in 2022.
Analysts are anticipating that the native token, RBIS, will rise from its current price of just under $1, to around $200 in the coming months and there are various reasons for these generous projections. ArbiSmart is adding new utilities at an accelerated pace, utilizing bleeding-edge tech, and rapidly expanding its audience.
RBIS is a recent addition to the crypto exchanges. Listed for the first time this January, it has been gaining ground at an impressive rate and has been added to multiple exchanges since then, including big names like Uniswap, and SushiSwap as well as many others. Each exchange that has listed RBIS has boosted its credibility and accessibility, increasing the trading volume and liquidity levels as new communities of crypto traders and investors are introduced to the token.
Later this quarter, as new EU authorized utilities are launched and the project diversifies into new areas of crypto finance, RBIS name recognition is likely to grow further.
A wave of new developments
The ArbiSmart project currently offers crypto arbitrage via an automated trading system, which generates passive profits of up to 45% a year but throughout this quarter, it is going to massively expand its services.
ArbiSmart will be introducing multiple new utilities, starting this May, with the introduction of an interest-generating crypto wallet. The secure wallet will support a wide array of crypto and FIAT currencies, and offer a variety of savings plans, with wallet holders earning up to 147% a year on RBIS accounts and 49% on accounts in all other supported currencies.
Next month, an app is also being launched. The mobile version of the platform will enable users to securely store, staking, exchange and buy crypto from any Apple or Andoid phone.
Additionally, in Q2, ArbiSmart is releasing a decentralized yield farming program that will be offered via Uniswap, with an ArbiSmart platform interface enabling users to interact directly with the service. Users will be able to stake funds in ETH/RBIS and USDT/RBIS liquidity pools, for an unmatched APY of up to 190,000% as well as 0.3 % of the fees on each trade.
This will be followed up later this quarter by the introduction of a 10,000-piece collection of unique digital artworks and an NFT marketplace, where users will be able to buy and sell non-fungible tokens using RBIS.
ArbiSmart has proven to be very tuned into the market and a series of on-trend RBIS utilities are already in development, ready for release in the second half of the year.
A play-to-earn gaming metaverse, with RBIS as the currency is on the way in 2022, using the latest AR and VR tech. Participants will be able to buy and collect digital real estate and then build on the plots of land or sell them to earn real-world rewards.
In addition, ArbiSmart will be introducing its own crypto exchange in H2, as well as launching a crypto banking package. In preparation, the project has recently upgraded its EU authorizations so it can provide crypto debit cards, IBANs and payment service solutions across Europe in the coming months.
An interconnected economy
RBIS is the currency required to use every utility offered in the ArbiSmart ecosystem. It is necessary for the purchase of a Non-Fungible Token or an in-game item as well as for contributing to yield farming liquidity pools or earning interest on capital stored in an ArbiSmart wallet.
So, with the addition of each new service, RBIS demand is set to rise. However, the amount of RBIS that can ever be created is limited, so as demand goes up the available supply will diminish, pushing up the token price.
It is also worth noting that RBIS utilities create an interconnected web, where products can be used across the ecosystem. For example, a non-fungible token from the ArbiSmart marketplace could be used as an avatar in the metaverse. In addition, use of one utility is rewarded elsewhere in the ecosystem so purchase of an NFT will mean a higher yield when staking capital in the yield farming service.
With all the new developments in the pipeline for 2022, the RBIS token is an up-and-comer that’s definitely worth keeping a close eye on in the months ahead. To make the highest possible gains, buy RBIS now!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.