A newcomer to the crypto arena, ArbiSmart (RBIS), is starting to gain the attention of crypto investors.
The RBIS token was first listed in late January and so far, it has been added to multiple exchanges including some top names like SushiSwap and Uniswap, exposing RBIS to a wider audience, while boosting liquidity and trading volume.
Over the next few months, ArbiSmart will complete the process of transitioning from an automated investment platform into a secure, EU authorized interest-generating wallet and exchange, that offers a wealth of additional financial products and services.
The massive growth potential of the ArbiSmart project has led analysts to project a rise in the RBIS price from its current value of under $1 to $200 in 2022, presenting the opportunity for huge capital gains.
Upcoming RBIS products and services
Right now, the ArbiSmart project offers crypto arbitrage, via an automated trading system that generates passive profits ranging from 10.8% to 45%, depending on the amount invested. However, one of the main reasons analysts are so sure the coin is on the verge of exploding is the major development push that is currently underway.
Later this month, ArbiSmart is launching ArbiWallet, an interest-bearing digital wallet supporting a wide choice of crypto and FIAT currencies. It will offer rates of up to 147% a year on RBIS and 49% a year for all other supported account currencies.
ArbiWallet is fully EU authorized, complying with strict financial regulation, including the implementation of AML and KYC protocols. Wallet holders can keep their funds accessible at all times, or choose to lock a portion of their capital, or the full amount, in long-term savings to earn interest. The longer the lock on the funds, the higher the interest rate earned.
A minimum of 1,000 RBIS is required to make the holder eligible for an interest-generating savings account. The daily interest can be transferred to an open account, for withdrawal at any time without touching the locked savings capital on which it is being earned. Alternatively, the interest can be kept in the locked account, along with the initial deposit, to earn an even higher rate. ArbiWallet account holders can earn interest on any supported currency, but the APY is highest for RBIS and if the daily interest is received in RBIS, the profits will be even higher.
This quarter ArbiSmart will also be introducing a mobile application that will enable users to deposit, buy, store, exchange and withdraw their crypto from any device.
The coming weeks and months will also see the introduction of a stream of other RBIS utilities including a decentralized yield farming program offered via UniSwap, that is integrated with the ArbiSmart dashboard. Program participants will be able to stake funds through contributions to ETH/RBIS and USDT/RBIS liquidity pools for up to 190,000% APY as well as 0.3% of the fees on every trade.
Another utility in the pipeline is an NFT marketplace, which will be introduced in early summer, where users will be able to purchase and sell non-fungible tokens. At the same time, ArbiSmart will be launching a collection of 10,000 unique virtual assets representing in-game items, digital artworks and more.
In addition, 2022 will see the launch of an ArbiSmart cryptocurrency exchange, designed to provide EU authorized trading with a low fee-structure, competitive rates, and secure storage via ArbiWallet.
Knowing what trends will take off next
ArbiSmart is in the process of creating a financial hub that provides a diverse range of products and services and the developers have proven very savvy regarding which emerging crypto trends are going to be next to make it big.
For example, later in 2022, ArbiSmart will be introducing its own play-to-earn metaverse with RBIS as the in-game currency. Gamers will be able to generate real-world profits from a variety of games and virtual assets, buying, building on, and selling digital plots of land.
Another hot new crypto trend right now is crypto banking and ArbiSmart’s development team has already got the ball rolling having upgraded its EU registration and authorization to cover banking services. At the end of this year the project will introduce a package that includes ArbiCard, a crypto debit card for saving, investing and spending a wide variety of cryptocurrencies as well as managing global payments. The banking package will also include payment solutions that will allow users to convert payments into various currencies and perform fast, low-cost transactions. Users will also be able to take advantage of crypto IBANs, connecting cryptocurrencies to traditional European bank accounts and enabling ArbiWallet holders to fund their wallets with Euro bank transfers.
Driving growth in token liquidity
Use of any utility in the ArbiSmart ecosystem requires RBIS, and the entire hub is interconnected, so the addition of each new product and service means greater demand and an increase in liquidity. For example, earnings from gaming in the metaverse can be used to make an in-game purchase via the NFT marketplace or they can be sent to the ArbiSmart wallet to earn interest. Liquidity is also driven by the fact that use of one RBIS utility is rewarded elsewhere in the ecosystem, so holding an NFT means a higher APY from the decentralized yield farming program.
As RBIS demand rises, the supply, which is permanently capped at 450M RBIS will drop. So, as token demand becomes greater than the available supply the price is likely to go up. In just a matter of weeks the first of the new utilities is being launched, so to get on board before the price takes off, buy RBIS now!
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.