The world of crypto is expanding rapidly into a variety of areas from gaming and virtual reality to digital art, cryptocurrency banking and web 3.0. The most promising new altcoins are embracing these trends and helping broaden the scope and potential of the crypto arena.
One exciting up-and-comer is RBIS, the native token of ArbiSmart, which analysts are projecting will experience a 20,000% rise in value in 2022. The project is in the process of a massive development push, with the aim of creating a crypto finance ecosystem that provides a simpler, smarter, and safer way for participants to play, earn, save, and invest.
A surge in project development
The ArbiSmart platform already offers automated crypto arbitrage investing, which generates passive profits of up to 45% per year. Later this quarter ArbiSmart is introducing an interest-generating wallet supporting a wide range of FIAT and cryptocurrencies. Wallet holders will be able to pick from a variety of savings plans, offering secure storage and rates of 147% a year on RBIS accounts, and 49% a year on accounts in all the other supported currencies.
Also, in Q2, ArbiSmart will be introducing a mobile version of the wallet enabling users to track activity, buy, exchange, store, deposit and withdraw funds directly through their phone.
This will soon be followed by the launch of a decentralized yield farming program that enables participants to stake capital in ETH/RBIS and USDT/RBIS liquidity pools for rewards of up to 190,000% APY and 0.3% of the fees on every trade. The service will be offered via Uniswap, and users will be able to interact with it directly through the ArbiSmart dashboard.
The ArbiSmart development team has no intention of slowing its pace in the second half of the year. It has already got the ball rolling having upgraded its EU registration and authorization to cover a range of new services from exchanging crypto for fiat or digital currency, providing wallet services and crypto banking solutions.
In Q3, ArbiSmart will be launching an NFT marketplace, for the purchase and sale of non-fungible tokens, along with a collection of ten thousand one-of-a-kind digital artworks. Close on its heels will be the release of the ArbiSmart cryptocurrency exchange.
In addition to all these RBIS utilities, ArbiSmart will be introducing a play-to-earn gaming metaverse in 2022, where visitors will be able to buy, build on and sell virtual plots of land for real-world profit.
This year will also see the release of a crypto banking package, including crypto debit cards, IBAN’s, and payment service solutions.
A growing crypto community
The RBIS token was first listed last quarter, and since then it has been added on leading exchanges like Uniswap, and SushiSwap, as well as many others. With each listing RBIS has gained credibility, as new audiences are exposed to the token, meaning greater liquidity trading volume, and name recognition.
Meanwhile, all the new utilities being launched in the coming weeks and months will expand the ArbiSmart community considerably, bringing together crypto enthusiasts, digital artists, collectors, investors, and gamers under one umbrella.
While the RBIS price has entered the exchanges at around $1, analysts are predicting that the expansion of the ArbiSmart ecosystem will see the price jump to $200 in the months ahead.
A strengthening RBIS economy
Demand for the RBIS token will rise with the addition of each new product or service, since it is required for everything, from buying in-game items, to receiving interest on stored funds and purchasing NFTs. The RBIS supply is finite, so as demand goes up the supply will drop, driving up the token price.
ArbiSmart’s network of services is interconnected meaning that for example, an NFT can be used as an avatar in the metaverse. Also, the project rewards use of RBIS across the ecosystem, so, holding an NFT means a higher annual profit for participants in the yield farming program, which will increase liquidity and boost demand even higher.
ArbiSmart (RBIS) is about to explode, and the biggest gains will go to those investors who grab the opportunity to buy while the price is still just under $1. To purchase RBIS now, before the new utilities are launched in the coming weeks and months, click here.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.