I present a new project unlike any other. This is ruby token, an erc20 token backed by rubies.
Why it's different?Since the first cryptocurrencies appeared they told us they were different from cash, but is it true? All these cryptocurrencies have ended up being like cash. Supposed money that has no value (it is not backed by anything). The cash was initially backed by the gold standard, which means that each bill represented a value. This is no longer the case since 1971, when the dollar abandoned this system, nowadays the money that is manufactured no longer has to be backed by gold. The same goes for cryptocurrencies, whose value is set by users. The truth is that these cryptocurrencies are no evolution with respect to the usual money. They are an investment and like any type of investment, the user expects to make a return on it. A cryptocurrency that fluctuates as much as bitcoin for example cannot be considered a currency. Suppose a person has 10,000 dollars invested in Bitcoin (approx. 1 bitcoin) and its value drops to 5000 dollars. That person has two options: one to sell what is left and lose 50% of his money or the other to keep it and risk lowering the value further. These sudden changes in value can make you lose a lot of money or earn a lot of money. And the last thing is what people are looking for, earn money. For this reason so many people have joined bitcoin and other cryptocurrencies with the hope of becoming rich, and some have succeeded, while others have lost a lot of money trying. Many economists believe that the value of all these cryptocurrencies is 0 dollars. All these people are investing in something that has no real value but a value given by the people who have entered with the hope that the value will rise and earn some money. So if it all comes down to an investment in which the goal is to make money, isn't it better to invest the money in something that offers a guarantee? In Ruby Token the investment is backed by real rubies, so it offers real value to the investment. This is very important for the investor, since he knows that there is a minimum value. The price of ruby token could go down and the investor would not lose the value backed.
Why invest in ruby token?As previously stated, ruby token is backed by real rubies guaranteeing a minimum investment value. As if this were not enough, the project is created so that as the tokens are distributed, the value of these will increase. There are 8 levels. In the first one, the tokens are backed by rubies of 0.01 carats valued at 1.5 euros. In this level 100,000 tokens will be distributed, being able to acquire a maximum of 1000 each day from the official website:
https://rubytoken.org with a discount in value up to 1.45. Once the 100,000 have been distributed, they will go to level 2. At level 2, the tokens become backed by rubies of 0.02 carats valued at 3 euros. In this way if you have invested in the first level your investment doubles. In the last level the tokens become backed by 1-carat rubies valued at 500 euros. The potential for return on investment is enormous, being able to convert rubies of 0.01 carats into rubies of 1 carat.
Where to buy ruby token?Ruby token can be purchased from the official website:
https://rubytoken.org with a discount on value. The ruby tokens we distribute are limited to a maximum amount. For this reason, if you are thinking of getting some, you should hurry when they get better or you may not arrive on time. In case you do not arrive on time, you can buy them if someone sells them in exchanges, or wait for you the next day and buy them from the official website.
