The current bear trend has led to falling prices across the crypto space and investors are on the lookout for a secure home for their digital currency until the market recovers. But what if you could actually make money with a coin that is set to take off, even in a bear market?
One coin that is well positioned to rise significantly in value over the second half of 2022 even as other crypto assets collapse is RBIS, the coin behind ArbiSmart.
The current RBIS economy
The ArbiSmart (RBIS) project is an EU authorized interest-generating wallet and financial services ecosystem that was established in 2019. It has grown steadily year-on-year, and in January of 2022 was listed for the first time. Since then, it has been added to leading exchanges like SushiSwap, and Uniswap with major players like Coinbase publishing guides to purchasing the token.
The project’s new wallet, launched this month, offers industry-high rates, and a wide choice of savings plans that allow you to lock all, or a portion of, your funds for a variety of timeframes. It supports a massive range of FIAT currencies, like GBP, USD, and EUR, as well as top cryptocurrencies like BTC, ETH, BNB, XRP, COMP, AAVE, LINK, AXS and multiple others. Interest is paid out daily and it can be automatically added to the locked capital on which it is being earned, or be sent to a separate open balance where it can be withdrawn at any time.
The amount of interest that you earn on your FIAT and crypto is determined by how much RBIS you hold. RBIS ownership leads to multiple benefits, which in turn, raise token demand, increasing the value of the token.
More RBIS means a higher account level, so you can make more money on all the currencies you hold in your wallet. It also gives you more voting power on the project’s future. Interest on RBIS balances reaches as high as 147%, while interest on all other supported currencies reaches up to 49%. Also, if you hold capital in EUR, or BTC, but opt to receive your daily interest in RBIS, as opposed to receiving it in the currency on which it’s being earned, you’ll earn a higher return.
A Volatility-Resistant ecosystem
Another reason that the RBIS token is gaining ground, even in a falling market, is that the ArbiSmart wallet enables you to earn a reliable return in either a bull or bear market.
During downturns, while you wait for the market to recover, your Bitcoin can sit safely in your wallet, and when the savings plan contract ends, you will have made up to 49% a year of additional BTC. If falling crypto prices have led you to only hold stable coins and FIAT currencies, then you can make equally generous gains with an ArbiSmart savings plan, while keeping your capital stored in your favorite currency.
By owning RBIS you’ll be able to make great returns on the rest of your capital, whatever the currency, even in a bear market. This means that even as crypto prices collapse, RBIS will gain ground, rising in price, leading to exceptional capital gains that will supplement your daily wallet interest.
In addition to its interest-bearing wallet, ArbiSmart also offers crypto arbitrage, a form of automated investing that makes money from temporary price disparities across exchanges. After converting the user’s funds into RBIS, the algorithm, which is connected to 35 exchanges, buys the coin on the exchange where the price is lowest and then instantly sells it on the exchange where the price is highest, generating passive profits of between 10.8% and 45% a year. Instances where a coin is simultaneously available at different prices occur all the time, in both bull and bear markets, for a variety of reasons, such as a difference in trading volume between a larger exchange and a smaller one. As a result, ArbiSmart’s service offers a great hedge against falling prices, as users continue to earn a steady profit, whichever direction the crypto market is moving.
New developments on the way
Starting next month, in Q3, a series of new utilities is being introduced, which should further boost RBIS demand, increasing capital gains, as use of all the services in the ArbiSmart ecosystem will require use of the RBIS token.
These new RBIS utilities include a mobile application, offering access to all ArbiSmart ecosystem services from the user’s phone; an NFT marketplace for the purchase and sale of Non-Fungible Tokens; a collection of thousands of ArbiSmart’s own digital artworks, as well as a decentralized yield farming program offering 0.3% of the fees on each trade and up to 190,000% APY in return for providing liquidity. Further down the line, a crypto exchange will be launched, as well as a play-to-earn metaverse, where users will be able to make real-world profits for buying, developing, and selling virtual real-estate.
All the services in the ArbiSmart ecosystem are interlinked. For example, an ArbiSmart NFT from the project’s marketplace can be used as an in-game item in the project metaverse and can have a gamification function in the yield farming service, with the ability to further boost the holder’s APY. This interconnectivity between all the utilities boosts RBIS liquidity and pushes demand even higher. The token supply, which is forever capped at 450M RBIS, will shrink as demand rises, driving up the RBIS price.
No matter whether the crypto market is sinking or soaring, the RBIS token is a great hedge against falling prices and the ArbiSmart ecosystem offers a steady source of consistent, industry-high passive profits. With the new wallet and all the utilities starting to be introduced next month, the RBIS price is set to shoot up. If you want to accumulate RBIS now, while the price is still reasonable, buy RBIS right now.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.