The crypto bear market has led many to cut their losses and sell their digital assets, but for those holding on and waiting for the market to bounce back there are ways to HODL, while also safely making a generous profit at close to zero risk.
One project that excels in this regard is ArbiSmart, which is why the native token RBIS is projected to reach 48 times the current price by December 2022.
What ArbiSmart Offers
ArbiSmart is an EU registered and authorized interest-bearing wallet and crypto financial ecosystem that offers a variety of bear-resilient, passive revenue streams. For example, its automated crypto arbitrage platform offers a reliable hedge against falling markets, generating profits from price differences across exchanges, which occur just as frequently, in a downtuurn or an upturn.
At the start of this month, ArbiSmart introduced its new digital wallet, which offers a secure mode of storage while also enabling crypto owners to profit even in a crash, since interest rates remain consistent, whichever direction the market is moving. The timing couldn’t be better since many digital currency holders are looking for a safe home for their funds while they wait for the market to recover. The wallet offers industry-high rates of up to 147% and supports a large selection of currencies. These include FIAT like EUR, GBP and USD, as well as cryptocurrencies such as BTC, XRP, ETH, COMP, LINK, AAVE, BNB, APE, USDT, AXS, MANA, plus many more.
Funds can be kept in an open balance and accessed any time, or placed in a locked long-term savings plan, for a chosen time frame. The daily interest earned on the locked capital can be paid directly into the savings balance, or paid into a separate, open balance, where it can be immediately withdrawn.
The Wallet and the RBIS Price
The wallet offers powerful incentives to motivate users to purchase the native token. For a start, an ArbiSmart user’s account level is based on the amount of RBIS they own. The higher the account level, the more interest the wallet holder receives on savings balances in all supported FIAT or cryptocurrencies.
In addition, all traditional and digital currency savings balances earn up to 49% a year interest, with one exception. RBIS balances earn triple that amount. Also, if the wallet holder wants to keep their funds in BTC or USD, then they can choose to just receive their daily interest in RBIS which will increase their rate of interest. One RBIS equals one vote, so owning more tokens also means greater voting power over the future of the ecosystem.
All these incentives will drive demand for RBIS, as the new wallet gains users. Meanwhile, as the wallet builds momentum, “supply shock” will set in as increasing amounts of RBIS are locked in savings accounts and leave general circulation. The amount of RBIS that can ever be created is forever capped at 450M, so with a shrinking supply and rising demand the RBIS price is on track to take off.
Upcoming Developments
Demand is likely to be driven even higher with the introduction of a series of additional RBIS utilities being launched in rapid succession throughout Q3 and Q4. Over the coming months ArbiSmart is introducing a mobile application for buying, exchanging, storing, depositing, and withdrawing crypto; a marketplace for buying and selling NFT’s; a collection of thousands of one-of-a-kind digital artworks, video, audio, collectibles, and in-game items, as well as a decentralized yield farming program. In addition, the development team is planning to launch a gaming metaverse, and an ArbiSmart cryptocurrency exchange.
To benefit from any of the services in the ArbiSmart ecosystem, the user needs to own RBIS and as the ecosystem expands, token demand is likely to grow. Also, all the utilities are interlinked, so for example, gamers in the metaverse will be able to boost their land purchase profits using ArbiSmart NFT’s. As a result, RBIS liquidity and demand should be driven even higher.
ArbiSmart Revenue Streams
ArbiSmart’s interest-bearing wallet offers up to 147% a year. Then there is the automated crypto arbitrage platform, which generates up to 45% a year in passive profits. In the coming months, the yield farming program will reward users for staking in liquidity pools with up to 190,000% APY, plus 0.3% of the fees charged for each transaction. Also, in the play-to-earn metaverse, where visitors will be able to buy, develop and sell plots of virtual land for real-world profit.
For all these reasons, analysts are projecting that the RBIS token will rise to 90 times the current price by the end of Q1 2023. So, on top of profits from use of RBIS utilities, token holders will enjoy potentially massive capital gains on the coin’s rising value.
The window to make the best possible profits from RBIS is rapidly closing, as the wallet gains traction and new utilities get introduced over the coming weeks and months. To buy RBIS, click here.
The post This Coin Will SAFELY DOUBLE Your Crypto in Under a Year appeared first on The Cryptonomist.
