Rubius is creating user-friendly platform to enable everyone buy, sell, receive and send cryptocurrencies. The project of Ethereum blockchain based cryptocurrency, RUBY, aims to enhance the blockchain industry and create catalyst for economic development.
Rubius coins or RUBYs are ERC20 token standard decentralized cryptocurrency empower simple, safe, and low-cost transactions. The company behind the revolutionary initiative project is Rubius Inc., which is a blockchain software startup situated in Tampa, Florida, USA. The company provides Exchange, Wallet, and Payment Software.
I would like to review some of the key features of this ICO:
The app platform’s users can send and request payments directly with the persons whom they are connecting (persons within his/ her contact list). The feature will alleviate the potential risk of making wrong transactions.
The Aryl app has the Wallet and Exchange Functionality where users can buy, sell, send, request, and receive payments, generate Ethereum wallets address, viewing Eth and tokens balances, etc. Rubius will offer variety of coins for exchange and all the transactions are only required a low and consistent .1% fee. Many forms of cryptocurrencies and tradable assets will be added to the app for exchange or trading.
The current cryptocurrencies market condition is quite risky as there will always be some sudden price drops. The Volatility Shield option of the App, Aryl, reduces the risk of using cryptocurrencies by exchanging the hodled cryptocurrency to a preferred and safer currency. The feature will allow the automatically way of switching the fund back to their pre-set cryptocurrency when they want to make a cryptocurrency payment. The system will also automatically exchange your received cryptocurrency to the stable form of money. Therefore, the volatility risk is being reduced.
There are many losses due to natural, human errors. Complexity and confusing interface of an application is sometime user errors-prone which leads to the lost of cryptocurrencies. The user-friendly app will simplified the process for everyday usages of cryptocurrencies.
RUBY is a utility kind of cryptocurrency. If a user opts to use RUBY as his/ her trading pair, the incurred fees will be reduced by 50%. As the app demands grows, so does the price of RUBYs.
Website URL: https://rubius.io/
ANN thread: https://bitcointalk.org/index.php?topic=3254617
Whitepaper: https://rubius.io/rubius-whitepaper.pdf
Disclaimer: This is a review of limek and not a investment advice.
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1270428
