Just as 2021 saw the rise of Shiba Inu, Doge, Cardano, Solana, Avalanche Polkadot, and more, 2022 is sure to see its own share of crypto breakout stars generating hundreds of thousands, if not millions in capital gains for savvy investors who buy in at the right time. One strong contender that is expected to skyrocket in value in the months ahead is ArbiSmart (RBIS). Right now, RBIS, which is new to the global exchanges, is valued at under a dollar, but the price is projected to soar by 4,000% by the end of the year, as the listing process kicks into high gear and multiple new RBIS utilities are introduced.
A High-Yield, Stable Investment
The ArbiSmart platform has built its growing community, with automated crypto arbitrage. This is a passive investment strategy that generates revenue from temporary differences in the price of an asset, across exchanges. Annual yields range from 10.8% to 45%, depending on the amount invested, and these profits are supplemented by compound interest. ArbiSmart is able to provide a hedge against a falling market, because price disparities across exchanges occur just as consistently whether the crypto market is bearish or bullish, generating steady returns even during a crash.
Another source of passive profits currently offered on the platform is long-term savings accounts. These accounts are locked for a pre-determined period, and the account holder can earn up to 1% interest per day, depending on the account currency and the length of the contract chosen for the lock on the funds.
RBIS: an expanding community
The new year saw the start of the RBIS listing process. Since early January the token has already been listed on top exchanges, including Coinsbit, HitBTC, SushiSwap, LAToken and Uniswap, with more on the way.
This gathering momentum will contribute significantly to RBIS’ long-term viability. Every additional exchange boosts the credibility of the token and grows its audience. New listings mean higher liquidity and increased trading volume, as the token becomes available to more exchange communities, which in turn will make it attractive to even larger, more prominent exchanges.
ArbiSmart is also currently expanding its community with the introduction of new RBIS utilities. The first of multiple crypto services in the pipeline for 2022 is a decentralized yield farming program, which is scheduled for launch at the end of this month.
The service will be offered through Uniswap, with an ArbiSmart interface enabling users to interact with the program directly and stake funds in ETH/RBIS and USDT/RBIS liquidity pools, for industry-high rewards. Contributions will earn participants up to 190,000% in annual percentage yields as well as 0.3 % of the fees on each trade. Withdrawals can be made at any time as there is no lock on yield farming funds.
A Growing Service Hub
Rather than taking its foot off the gas, ArbiSmart will be picking up the pace in the months ahead, and next quarter will see the introduction of two new RBIS utilities.
Firstly, the project will be launching a marketplace for non-fungible tokens (NFTs). Using RBIS, participants will be able to buy NFTs, which confer ownership and certify the authenticity of the pieces in ArbiSmart’s collection of 10,000 digital artworks.
Close on its heels later in Q2, will be the launch of an interest-generating wallet. Supporting both crypto and FIAT, the digital wallet will securely store the user’s capital while offering up to 45% interest a year.
These developments are to be followed up in the second half of 2023, through to early 2023, by a mobile app compatible with Android and Apple devices that will enable users to safely store, buy, and exchange crypto. ArbiSmart is also currently working on its own cryptocurrency exchange as well as an investment platform for funding promising emerging altcoins. In addition, the project has just expanded its EU authorization, which now covers ArbiSmart to provide crypt banking services, and in the year ahead, ArbiSmart will be introducing crypto IBANs, debit cards and payment service solutions.
ArbiSmart’s goal in 2022 is to evolve from a crypto arbitrage platform into a wide-ranging crypto ecosystem offering a diverse suite of financial services. This will drive demand for the token as RBIS is the currency that powers all these new utilities. As demand grows, the token supply will shrink, as the amount of RBIS that can ever be created is limited, which is likely to push up the price substantially.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.
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