Countless altcoins are launched every year but the few that become huge names are those that power projects with valuable services and consistent growth.
One project appears to check all the relevant boxes. ArbiSmart (RBIS) is expanding at warp-speed, introducing utilities in a wide range of areas from NFTs and DeFi, to crypto banking and the metaverse. Analysts believe that the RBIS token, a newcomer to the crypto exchanges, has the potential to explode in 2022, climbing to 200 times its current value in the months ahead.
Growing legitimacy and popularity
The RBIS listing process got underway last quarter and since then the token has been added to top-tier exchanges like Sushiswap and Uniswap among others. Every additional listing has increased the credibility of the token, while adding to its liquidity and trading volume.
Since crypto communities build up around each individual exchange, every listing introduces RBIS to a whole new audience, boosting name recognition and making the token an increasingly viable listing option for even more of the crypto world’s leading exchanges.
A wide array of financial services
ArbiSmart already offers automated crypto arbitrage, which generates annual passive profits ranging from 10.8% to 45%, depending on the amount invested. However, this quarter the project is rolling out multiple new EU authorized RBIS utilities almost simultaneously.
To kick off the development push, this May ArbiSmart is introducing its interest-generating digital wallet supporting both FIAT and crypto. Wallet holders will benefit from highly secure storage as well as rates of up to 147% a year on RBIS accounts and up to 49% on accounts in all other currencies. The interest, which is paid daily, and earned from day one, can be accessed at any time, without touching the capital on which it is being earned.
Alongside the introduction of the wallet, ArbiSmart is releasing a mobile version. The app will enable the immediate purchase, exchange, storage, deposit, and withdrawal of crypto simply and conveniently from the user’s Android or IOS device.
This quarter, ArbiSmart is also launching a decentralized yield farming program, offered via Uniswap with a direct interface through the ArbiSmart platform. The program will reward users with 0.3% of the fees on each trade as well as 190,000% APY for staking their funds in WBTC/RBIS, ETH/RBIS, and USDT/RBIS liquidity pools.
Another Q2 addition to the ArbiSmart hub is the upcoming collection of digital artworks and NFT marketplace, which will bring together collectors, investors, and artists in the creation of a secure space where non-fungible tokens can be bought and sold using RBIS.
Over the coming months, the token price is likely to rise significantly, since the finite RBIS supply will continue to shrink, as demand grows with the introduction of each new utility.
Attuned to the latest crypto trends
One of ArbiSmart’s greatest strengths and a major reason for the incredibly optimistic analyst projections is the fact that the project is rapidly evolving to incorporate the latest developments in crypto space.
In the second half of the year, ArbiSmart is launching its own metaverse. Participants will be able to create and explore new virtual environments, buying, building on and selling plots of digital land, as well as earning real-world profits for playing a variety of games, with RBIS as the in-game-currency.
ArbiSmart will also be entering the world of crypto banking in H2. The project has just recently upgraded its EU authorization to allow for the provision of virtual currency banking services across Europe. It will soon be introducing crypto debit cards, payment solutions, and IBANs to enable digital currency transactions with international banks.
RBIS is the currency powering all the utilities in the ArbiSmart economy, and they are cross-functional. This means that RBIS holders can buy an NFT in the marketplace, which can serve as both an investment, and as a metaverse in-game item.
The use of one RBIS utility is rewarded elsewhere in the ecosystem so just holding the NFT, will guarantee a higher profit percentage when staking funds in the yield farming program. As a result of this interconnectivity all these various utilities will collectively enhance RBIS liquidity and further increase token demand.
The RBIS token is gaining momentum and with the launch of so many products and services kicking off next month, the price is set for a huge jump very soon. To get in on the ground floor before the opportunity for huge capital gains passes you by, purchase RBIS now.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.