RBX Is Next Generation Decentralized Exchange Platform

in #rbx2 years ago

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INTRODUCTION

The Web 3.0 project, as it has been called, is inspired by the original Web, with a few fundamental changes. The idea is to make the Web more efficient and open. One of the intended effects is to make it easier to build decentralized apps (Dapps). That is what Ethereum and other blockchain projects are working on. But how would you do that? How could you make something like a blockchain network possible on a website like Facebook's or Google's?

The answer is that you don't want to create a whole new form of network just for Dapps. It would be too expensive; you'd have to hire a lot of people and include them in your business model. You could use existing technologies—like HTTP APIs and smart contracts—to build something similar to what Ethereum does. There are many companies doing that, but they are all proprietary systems that can only run on one system. A decentralized exchange works fine in this environment, but it depends on trust: the exchange must be very honest or people will lose their money.

Binance technologies are based on Bitcoin technology, but Binance doesn't use the Bitcoin blockchain: instead, it uses its own distributed ledger, called Binance Chain. With a fully decentralized exchange like RBX dex, it is possible for anyone to create their own exchanges, which can handle millions of different cryptocurrencies by simply using the RBX dex software. This will allow for a huge increase in liquidity and trading volume on any new exchange that is created.

ABOUT RBX

RBX will be launched on a decentralized exchange platform which will be integrated with Binance Chain. It will provide an easy to use interface for users to trade BEP2 tokens securely and reliably. It will also have its own native token, which will be called RBX Token. The main advantage of the RBX Token is that it can be used as a means of payment, unlike other cryptocurrencies such as Bitcoin, Litecoin and Dogecoin.

MAIN GOAL OF RBX

The main goal of RBX is to create an ecosystem where all stakeholders can benefit from its growth. The project has been designed from the ground up with attention given to every small detail so as to ensure that every stakeholder benefits from its growth irrespective of their economic status or geographical location. First we will create a low latency high throughput exchange engine.

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RBX also aims to provide an exchange platform for all types of traders, including beginners who are just starting out and professionals who are looking for advanced features. To provide an exchange platform for all types of traders, including beginners who are just starting out and professionals who are looking for advanced features. The purpose of this project is to create an ecosystem which provides a solution to all the problems faced by crypto exchanges today.

RBX FEATURES

RBXchange is a crо-сhain dесеntrаlzеd exchange and liquidity management solution that lets you to trade any cryptocurrency between 18+ EVM currencies. Unсеnѕоrеd. Unrеѕtrісtеd. Unblockable.

On/Off Rаmр for P2P Fiat: Purchase and sell cryptocurrency using one of more than 20 different payment applications, such as Cаh Aрр, PауPаl, or Vеnmo. All of this without the complexities of KYC.

Dropped a Rосkеt: DеF Stаkng & Fоrmng is a рlаtfоrm that permits the building of rеwаrd systems in nearly any possible configuration. Open to any and all verified projects.

OTC At: An automated escrima interface that lets two or more parties to perform lawful commerce together. Over-the-counter (OTC) trading includes the buying and selling of nearly any digital asset.

Unveiling of RBX Lаunсh, a digital asset providing platform meant to eradicate dishonest ventures. Cooked-in token lосks, vetting schedules, automatic vetting, and more are offered.

The Multi-Cross Chаin Bridge comprises the RBX and additional asets that may be added to practically any public EVM chain. BTC, XMR, ETH, and BNB are just a handful of the cryptocurrencies that may be changed with simplicity.

RBX Tokenomics

  • Token Name: RBX
  • Token Ticker: RBX
  • Total Supply: 100,000,000 RBX
  • Network: ERC-20 and BEP-20

RBX ROADMAP

RBXchange - Phase I June 2021 [Released]

Cross-chain DEX, 10+ EVM chains, leveraged liquidity listings, fiat onramp

RBXchange - Phase II [Nov. 2021 (Beta)]

Limit orders and Launcher widgetization, allowing anyone to embed our products straight on their site

RBXchange - Phase III [Q1 2022]

Recurring orders, block trades

RocketBridge - Phase 0 [Oct. 4th 2021 Released]

Bridging of RBX (and Clients) across all supported chains. Initial chains will be ETH, BSC, then Polygon (Matic) & Avax.

RocketBridge - Phase I [Q1 2022]

Cross-chain transfers of native assets, such as ETH, XMR, BTC, & BNB.

RocketBridge - Phase II [Q1 2022]

Bridging of any ERC-20 token, including the ability to maintain custom functionality on the destination chain.

RocketBridge - Phase III [Q2 2022]

Direct cross-chain token swaps. Automated cross-liquidity farming opportunities for users.

RBX Farming & Staking [Q1 2022]

Receive stable, volume independent yield for at least 12 months. Nov. 2021 [Released]

OTC Trades / Escrow [Q1 2022]

Smart contract based way to trustlessly & easily exchange assets peer to peer.
Derivatives Release of both traditional, exotic, & novel derivatives. Tradeable directly through our DEX & using our proprietary asset-backed stablecoin.

P2P Decentralized On/Off Ramp [Q1 2022]

Easily on and off ramp Carbon Ecosystem assets with our smart contract automated system, utilize 20+ different payment types, such as Cash App, PayPal, or Venmo. All through the power of Defi, without KYC.

Vesting Claims

Trustlessly and easily timelock tokens through a smart contract to be released on a fixed schedule (Days-Years), ensuring stable and consistent token releases for project team members, clients, ETC. Q1 2022 [Released]

RBX Converter

Burn RBX directly for Ethereum without affecting price. Up to a 30% premium over current price when holding Rocket Knockers NFTs.

CONCLUSION

Rbx intend to disrupt the cryptocurrency exchange market by becoming the most secure, compliant, transparent and efficient exchange in the market. It's great to see new exchanges emerge every now and then providing new services with innovative ideas. It will be interesting to see how this platform evolves in an already crowded market. To summarize, there are many factors that would make RBX rise as the best cryptocurrency exchange platform. The usefulness, ease of use, security, user-friendliness and support services as well as other features that make RBX an excellent choice for a crypto exchange.

It’s simple, quick and easy to invest in cryptocurrencies through the RBX exchange platform! RBX is taking a step ahead from other cryptocurrency exchanges by combining a series of advanced features that will make it a leading platform for the blockchain community.

For Updte, Please Visit Useful Links Below :

Website : https://www.rbx.ae/
Twitter : https://twitter.com/RBXtoken
Facebook : https://www.facebook.com/RBXtoken
Discord : https://discord.gg/HpuuYRheKp
Telegram : https://t.me/RBXToken
Reddit : https://www.reddit.com/r/RBXToken
Instagram : https://www.instagram.com/rbxtoken/

Author

Forum Username: Toma Bedrac
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3447738
BEP-20 Wallet Address: 0x279FC23B453Bb94A8b6B04890981AaB8C874B1F0

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