Robust token! Is this a ticket to the moon?
So, what is robust token? Let’s find out!
Robust Token (RBT) is an original concept on the Binance Smart Chain that has a limited total supply of 100,000 RBT with no more tokens ever able to be created.
RBT tokenomics are designed with an extremely limited supply, aggressive
deflationary mechanism, a loyalty reward system, and a solid roadmap of future developments.
There is a 1% burn on every Robust Token (RBT) transaction which gets converted into Robust Reward Tokens (RBW).
The RBT smart contract is the sole way to generate RBW meaning every transaction contributes to the reduction of the total supply of RBT.
RBW represents the holders share in the Robust ecosystem and will
be used for governance and confer voting rights in the future.
The Robust Protocol ecosystem's core token, RBW, will also be used to bootstrap all future initiatives.
The token was released on June 7, 2021, with a total supply of 100,000 tokens.
Since Launch over 4000 people now hold RBT and there have been over 65,000 transactions to date!
The distribution of the 100,000 original tokens is as follows:
The total supply at launch was 100 000 RBT, with the Ecosystem Fund burning around 5000 RBT, the Marketing Fund burning around 5000 RBT, and the Initial Liquidity tokens burning around 40 000 RBT. Additionally, the RBT Reserve (Time-locked) is around 50 000 RBT.
Out of the totals, Pancakeswap accounted for 40 percent of the RBT supplied as liquidity. While the remaining 50% will be time-locked in the RBT reserve, which has a 15-day lock delay.
At the time of making this video more than 5000 tokens have already been burned.
This means that at a $100 million market cap, each token would be worth over $1000, at a $1 billion market cap, each token would be worth over $10,000, at a $10 billion market cap, each token would be worth over $100,000, and at a $100 billion market cap, each token would be worth over $1,000,000, at this point Robust could be the first million dollar digital asset.
So far all the growth has been completely organic, and the team is only now beginning to advertise itself.
There are exciting times ahead for RBT, with an ambitious roadmap to follow.
it has recently been listed on Coinmarketcap and coin gecko ,a techrate audit, and robust token is now easily trackable via Coinbase.
Before the end of 2021, the Robust Protocol team plan to launch a number of projects on the Binance Smart Chain.
As far as the year 2021 is concerned, the first step for its growth is to develop an Algorithmic Stablecoin ⁃ A hybrid part-collateralized algorithmic stablecoin which will be based on various models currently in operation.
Then the goal is to have Decentralized Exchange and aggregator on the Binance Smart Chain. Core features will include lower fees.
Following that, A platform that will include charts, price alerts, limit orders,
transaction analysis and other trading tools.
The next step in the roadmap would be A platform for borrowing and lending crypto assets. This will be incorporated into the algorithmic stable coin project.
For the year 2022, the plan is to build an NFT Platform ⁃ This project is undecided for now but the team will engage with the community to decide the best route.
The second project for 2022 is Lottery & Gambling ⁃ This project too, is undecided. To determine the best course of action, the team will consult with the community providing opportunities for buyers of RBT.
This amazing token has come a long way in the month since launch and has no plans to slow down!
Visit the https://robustprotocol.fi website and join the official Telegram group (https://t.me/robustprotocol) if you have any questions about the token as the devs are in the group answering questions daily and the community is always willing to help!
Please remember that this is not financial advice and you must always do your own research!
Thanks for watching!
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Full Disclosure,
I am not a financial advisor and this is not financial advice. I do not have any background in finance nor any formal financial education. Everything discussed in this video is purely speculation based on available information. Please remember to stay safe when investing and trading and do your own research before risking your money.
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