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The ICO Rubius

elthonen(12)

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The mass adoption of cryptocurrency is hindered by two problems: the extreme crypto-market volatility and the lack of high-quality software. The Rubius ICO seeks to solve these two problems.

They’re developing a payment app named Aryl, which has a unique Volatility Shield feature that enables users to avoid market volatility when using cryptocurrency. The company behind the Rubius ICO, Rubius Inc., is a blockchain software company focused on creating high-quality cryptocurrency products, services, and solutions.

Aside from Aryl, they will be developing a cryptocurrency exchange called Rubiex, merchant tools (i.e. payment gateways, point-of-sale software, etc), a unique blockchain platform, and many more products outlined in the Rubius whitepaper. All of their products are powered by the Rubius protocol, a token-based payment network operating on the Ethereum blockchain. At the heart of the Rubius protocol is the cryptocurrency called RUBY, which are ERC20 coins offered in the ICO.

From purchase, to sale or send, Rubius offers the complete crypto-payment ecosystem.

The end-to-end solution begins with the Rubiex exchange. There, users can purchase and trade cryptocurrency within an intuitive environment. The exchange leverages extremely low fees to offer greater value than its competitors.

Rubius’ next link in the chain offers users a secure tool to send and receive cryptocurrency. The versatile Aryl wallet serves as both decentralized bank and exchange facilitator. The wallet’s user-friendliness allows for confusion free payments between users, and Aryl’s Volatility Shield protects wallet value by converting unstable cryptos into a preferred, steady currency. The Shield’s streamlined conversions allow users to quickly liquidate their holdings from an exchange without excessive fees or long queues typical of other “cashing-out” methods.

RUBY tokens power this innovative ecosystem. Users who transact with the native Rubius currency receive 50% off fees across all platforms.

Proceeds from the ICO will be used to develop the first crypto network to solve the issues of over complexity, exploitative fees, and volatility. Early investors will benefit from adoption at the premier stage of development, when the coin is at its cheapest value. Eventually Rubius will expand to explore further blockchain solutions outside the financial sector, and RUBY tokens will always be at the heart of these ventures, increasing in utility and demand.

RUBY Token
RUBYs from Rubius come with an immediate utility. When you use the RUBY coins to perform your trades, you get to enjoy reduced fees. The fees are reduced by as much as fifty percent. The coins are also the official payment method for those that will be using the Aryl application.

As new solutions are introduced into the platform, RUBYs will continue to be integrated into a bid to increase demand and utility. According to the development team, all the proceeds from the Rubius ICO will be channeled towards marketing and development costs.

Token ICO Details

Start: August 21, 2018 (2:00PM EST)
Number of coins for sale: 210,000,000 RUBY (70%)
End: September 25, 2018 (2:00PM EST)
Coin exchange rate: 1 ETH = 7000 RUBY
Accepted currencies: ETH
Minimal transaction amount: 0.05 ETH

The Rubius cryptocurrency will be operating on the Ethereum platform which means that it will be compatible with third-party exchanges as well as any other Ethereum wallet in use today.