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Author Topic: [ANN] [RBX] - Ripto Bux - The Official Tipping Token of the Waves Platform!  (Read 32583 times)
riptobuxripto
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April 02, 2017, 09:50:53 PM
 #1


-
Ripto Bux - $RBX

Ripto Bux $RBX is the official tipping token of the Waves Platform!

Token Information:

Asset Name: Ripto Bux

Details: The official Ripto Bux asset.

Total Tokens: 1,000,000,000 RBX

Asset ID: AnERqFRffNVrCbviXbDEdzrU6ipXCP5Y1PKpFdRnyQAy

Issuer: 3P5hfL5wT4QxypjxvLWGYC8ehgFZL4LJ6zP.

Issue Date: 2/18/2017 23:55:43

Team

You can find ripto, myco, and jkatz on the Cryptocopia slack. http://cryptocopia.herokuapp.com/

Socials
:
Twiter - https://twitter.com/riptobux

Medium - https://medium.com/@riptobux

Disclaimer:
Ripto Bux is not an investment and should not be treated as such. The Ripto Bux $RBX token does not confer any special rights, voting rights, equity, promise of profit or appreciation, or anything of the sort. It is simply a token.

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BALTA00
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April 02, 2017, 09:51:53 PM
 #2

I can mine it?
How can I get? is a token from ethereum blockchain?
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April 02, 2017, 09:53:28 PM
 #3

any bounty or airdrop dev?
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April 02, 2017, 09:57:07 PM
 #4


Very interesting project. I will keep an eye on this one Smiley
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April 02, 2017, 10:00:13 PM
 #5

Great! I've been waiting for this topic Smiley
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April 02, 2017, 10:00:55 PM
 #6

Very interesting project. Dev is very devoted man, I really think he will reach a lot. Also I heard RBX will be traded on TIDEX and one other exchange pretty soon. (On dex too when it gets released which should happen this very week) So prepare for launch guys this project really is very promising.
riptobuxripto
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April 02, 2017, 10:01:39 PM
 #7

There are 200 million Ripto Bux remaining to be airdropped. I'll be doing so sometime in the near future, perhaps at the end of the month (APRIL). I'd like to distribute to all Waves holder, so this would give you time to gather up some Waves to increase your $RBX airdrop.

We will most likely have translation bounties - bounty amount to be determined.

No this currency is not mineable.

▩▬▩▬▩▬▩▬WAVES▬▩▬▩▬▩▬▩
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▩▬ DECENTRALIZED EXCHANGE ▬▩
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April 02, 2017, 10:04:19 PM
 #8

it will be nice to have some bounties

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April 02, 2017, 10:09:32 PM
 #9


-
Ripto Bux - $RBX

Ripto Bux $RBX is a fixed supply, dual blockchain multi-use currency swappable 1:1 on both the Waves and Ethereum blockchains.

Ripto Bux on Waves:

Asset Name: Ripto Bux

Details: The official Ripto Bux asset.

Total Tokens: 1,000,000,000 RBX

Asset ID: AnERqFRffNVrCbviXbDEdzrU6ipXCP5Y1PKpFdRnyQAy

Issuer: 3P5hfL5wT4QxypjxvLWGYC8ehgFZL4LJ6zP.

Issue Date: 2/18/2017 23:55:43


Ripto Bux on Ethereum:

Symbol: RBX

Name: Ripto Bux

Address: 0x74aca0f1a40f7e0f3845dadf52c65060de7749af

Decimal places: 8

Total supply: 1,000,000,000

Introduction:
Ripto Bux is a non-ICO, fixed-supply, dual-blockchain (Waves and Ethereum) multi-use currency. It is a grass-roots, boot-strapped project being developed by ripto, myco, and jkatz, and aims to prove that it is not necessary to run a multi-million dollar ICO in order to successfully build and utilize a C.A.T. (Custom Application Token) / Ethereum Token on the Waves and Ethereum blockchains. The development of the project is rather open ended. The Ripto Bux team aims to create as many applications as possible that will utilize $RBX. The fact that Ripto bux exists on two blockchains at once will extend the security and longevity of the token, and afford greater flexibility in terms of use cases.

A Brief History:

The Ripto Bux token got it's start on the Waves Platform slack when it was used to raise a bounty for the development of a Waves custom asset Tip-Bot. After completion of the tip-bot (developed by Myco), Ripto Bux became the default tipping currency of the bot, and all of the slacks it has since integrated with.

Following this, Ripto Bux was offered to be one of the first token's to utilize Incent Loyalty's Blockswap technology. The way this works, is that an equivalent supply of $RBX is issued on the Ethereum blockchain. When an end-user uses Blockswap to swap their Waves-$RBX for Ether-$RBX, their Waves-$RBX becomes locked, and an equivalent Ether-$RBX is released into their Ethereum wallet address. It is an even 1:1 swap, and there can never be more than 1,000,000,000 $RBX released on either blockchain at one time. (The total amount of active/usable tokens on Waves and Ethereum, added together, can never exceed 1,000,000,000.)

This functionality of Blockswap affords Ripto Bux the capability of utilizing the technology of both the Waves and Ethereum blockchains, and allows users of both platforms to seamlessly do so as well.

General Plan:

$RBX has established itself as the defacto tipping currency on the Waves Platform slack, the Cryptocopia slack, and the Incent slack. By utilizing the Waves Asset Tip Bot, one can send asset/tokens instantly on the Waves main-network by using simple text commands. The tokens are stored in addresses linked to the slack profiles of the users. When tipping, if one does not specify the asset to be tipped, they will automatically tip in Ripto Bux denominations. Additionally, one can tip by using emojis. In any slack that the tip-bot is integrated, any use of an emoji will tip 1 $RBX to the commenter the individual emoji-reacted to. Additionally, custom tip-emojis were made that tip out 100, 1,000, and 10,000 $RBX when used.

Just from the tip functionality, Ripto has by far exceeded, in total transactions, the next most transacted asset on the Waves blockchain, WCT (Waves Community Token). At time of writing, Ripto Bux has been transacted more than 36,000 times.

Currently, one can use $RBX to participate in a mock trading game on Waves Platform slack, Cryptocopia slack, and Incent slack. The game is simple - one pays an entry fee of 100 $Ripto Bux to participate in the 'season'. They are then credited 100 FAKE BTC, with which they can enter positions with. The bot then reads live market information from Bittrex and Poloniex. Depending on price movements, the position will either increase in value or decrease in value, and this is reflected in the participant's score (FAKE BTC will go up or down depending on whether or not they are in a winning or losing position.) At the end of the season, the top 3 participants are rewarded a split of all collected $RBX fees. They enter their tip address automatically.

We plan to offer the tip-bot (and it's functionality) to be installed on all Waves asset projects, in which case, Ripto Bux would be the default tipping currency there as well. Additionally, and preferably, we would like to install the bot on slacks that create gateways for their cryptocurrencies as well. This way, they could utilize the bot's services (price checking, alerts, and slack channel games) while also transacting their native currency (Dash, XMR, etcetera, if they choose to create a gateway to the Waves Blockchain).

One of the bigger goals of Ripto Bux is to provide a sort of "backing" to fledgling community projects. By partaking in an OTC exchange - $RBX for new-project-token (here on out to be referred to as $XYZ) - and then setting up an $RBX/$XYZ trading pair on the Waves DEX, this new project will be able to claim an exchange rate calculable by referencing the current exchange rate of $RBX/$WAVES - giving an idea of what the project's potential value may be.

In this manner, $RBX is sort of an investment into the $WAVES community and it's members' projects - helping those whom cannot or do not wish to run and ICO, yet are interested in creating their own C.A.T. (custom application token) and integrating it into some application of theirs.

Additionally, jkatz has begun development on the first smart contract that will utilize the Ether-$RBX token. We do not wish to give much information about it at this time, and would rather give full details upon completion.

Distribution:

Distribution of the Ripto Bux $RBX token breaks down as such.

- 40% of the $RBX supply will be airdropped for free to the Waves community. We would airdrop to the Ethereum community as well, but the fact that one needs to watch a token in their wallet makes this a bit difficult. It is much easier to distribute tokens via airdrop w/ Waves, so this is why we are distributing from on the Waves chain. 200 million $RBX have been distributed thus far via airdrop.

The first 100 million were distributed in two ways. Firstly, a 1:1 credit was given to all holders of the original issuance of the Ripto Bux token (from back when the tip-bot bounty was raised). So anyone who was holding the Old Ripto Bux token received the exact same amount of the new token. Then, the remainder (100 million minus 1:1 credit) was distributed to all WavesCommunityToken holders. The second 100 million were distributed to all Waves holders. 200 million remain to be airdropped at a date to be determined in the near future, and will most likely be airdropped to Waves holders, WCT holders, and $RBX holders. [400 million]

- 25% of the $RBX supply is earmarked for creating trading pairs with new community projects. [250 million.]

- 10% of the $RBX supply will be transferred to the Ethereum blockchain to make it easier for Ethereum user to access the $RBX token. These tokens will also be integrated into Ethereum-based $RBX token contract applications. [100 million.]

- 10% of the $RBX supply will be, over time, listed on an exchange, centralized or decentralized, in order to create an early and steady price point for the Ripto Bux token. Any funds generated from the listing of $RBX will go towards the creation of a dedicated Waves full node, & matching services for trading $RBX & its $XYZ asset/token pairings. [100 million.]

- 5% of the $RBX supply will be reserved as a slush fund for rewarding contributors to the project, a potential reserve of trading pair collateral, an additional airdrop, etcetera.[50 million]

- 10% of the $RBX supply will be reserved for the creator of $RBX, and for developer assistance. [100 million]


Ripto Bux $RBX is currently trading at:

https://cryptoderivatives.market/ (An Ethereum Decentralized Exchange).

More info:

To learn more about Ripto Bux $RBX, read the white paper. http://riptobux.com/.

For information about Blockswap, see the site. https://blockswap.incentloyalty.com/.

You can find ripto, myco, and jkatz on the Cryptocopia slack. http://cryptocopia.herokuapp.com/
-

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April 02, 2017, 10:15:55 PM
 #10

That's really cool! A community token. Just got some waves so I'm gonna try this. Let us know when and what we need to do!

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April 02, 2017, 10:20:22 PM
 #11

Excellent stuff, good luck guys!
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April 02, 2017, 10:29:07 PM
 #12

Congrats Ripto


                                                   
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April 02, 2017, 10:35:23 PM
 #13

RBX has been such an awesome success! Good job Ripto!
riptobuxripto
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April 02, 2017, 10:39:36 PM
 #14

Thank you all for the kind words! We really appreciate the support.

We are going to do our very best to create real value and usefulness in the Ripto Bux $RBX token - I have a lot of confidence that our first smart contract application will move us in this direction - but I can't speak too much about it at this time. But, I am very excited Smiley

▩▬▩▬▩▬▩▬WAVES▬▩▬▩▬▩▬▩
THE ONLY BLOCKCHAIN YOU NEED
▩▬ DECENTRALIZED EXCHANGE ▬▩
Coin_trader
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April 02, 2017, 10:48:19 PM
 #15

a first of it's kind coin with dual blockchain. you said it's a multi-use currency, what will be the uses of this currency if ever? can anyone use this to buy food or services, who will accepts this coin as payment?

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icoico
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April 02, 2017, 10:54:49 PM
 #16

Reserve indonesian translations dev
thank you

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April 02, 2017, 10:57:50 PM
 #17

a first of it's kind coin with dual blockchain. you said it's a multi-use currency, what will be the uses of this currency if ever? can anyone use this to buy food or services, who will accepts this coin as payment?

Multi-Use in that it's main functionality will most likely be different on either blockchain.

On the Waves platform, namely the DEX, the use of the currency will be for being a sort of valuation provider to new community projects. The aim is to create markets between $RBX and other community based tokens so that people will be able to trade them when they first launch. For instance, if someone may not want to trade Waves for this new token, they will most certainly trade $RBX. This will help the new community project/token gain some legitimacy in the marketplace.

Now, for online services, sure, perhaps $RBX may be accepted at some point in the future in certain niche businesses. I have one idea that I may try out, but as of now, this isn't our main directive. Of course, it will always exist in the periphery, and we would most certainly help any business integrate $RBX currency payment services.

▩▬▩▬▩▬▩▬WAVES▬▩▬▩▬▩▬▩
THE ONLY BLOCKCHAIN YOU NEED
▩▬ DECENTRALIZED EXCHANGE ▬▩
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April 02, 2017, 10:59:40 PM
 #18

nice dev, iam waiting bounty your programs  Grin

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April 02, 2017, 11:20:01 PM
 #19

Cool.  Finally, Ripto Bux has it's own thread now.  It's really nice to receive airdropped Ripto Bux from holding Waves.  Hope to see it on other exchanges like Bittrex or Tidex in the future.   

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April 02, 2017, 11:33:17 PM
 #20

Hey ripto! It's AQUA here. Wanted to reply on the first page of a future legendary thread!  Wink

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