RUBYROCK is transforming one of the rarest precious stones into an innovative, secured and highly efficient tokenized asset.
MintRubyRock is an NFT built on Ethereum network with a clear focus on value, efficiency, and transparency. RubyRock combines the value and quality of a traditional asset, with the innovative advantages of blockchain technology, by pegging the NFT to the economic rights of a Ruby Specimen via RBY Token.
RubyRock is built on three key foundations:
RubyRock is combining blockchain technology with a traditional asset to create a secured, fully transparent, and efficient asset-backed NFT.
RBY Token supply is limited to 327,000,000, which are all directly and unequivocally linked to the weight of the Ruby specimen which is 32,700 carats. This ensures a fully transparent and mathematical distribution of the Ruby’s economic rights.
RubyRock is directly linked to economic rights of a physical Ruby Specimen stone (i.e Asset-Backed NFT). Each NFT represents 1250 RBY Tokens, which are pegged to 0.125 carats of the Ruby Specimen; hence each NFT is 100% backed by the Ruby Specimen and its economic rights.
Historically precious stones have been used as stable and reliable store of value; RubyRock is a representation of Ruby prices (1 of 3 key foundations), which have been very stable throughout all market conditions.
Being pegged to a real asset which is uncorrelated to crypto prices, RubyRock offers a way to diversify crypto risk and market volatility, as well as hedge against inflation with a superior credit quality.
RubyRock is a digital asset which can be easily and securely transferred anywhere at any time, which can be used as a trustworthy medium of exchange for Peer to Peer (P2P) transactions, while its asset-based peg (ruby specimen) is simple and transparent.
Dynamic and continuous artwork throughout the life of the project; collaborations with several renowned and emerging artists, which will increase appeal for collectors and increase future value. In the coming phases various art related events will take place: online auction, live auction and various collaborations to add to the artistic value.
RubyRock offers a unique investment that offers long term value creation through the various phases, as detailed in our roadmap and included DeFi tools, rewards, artistic value, and much more.
RubyRock is a multi-phase project with a focus on storing and creating future value. Leveraging blockchain technology, RubyRock is a unique NFT combining DeFi and Artwork with a Real Asset; essentially creating a solid intrinsic value with an unlimited upside potential.