Key Features & Functions
RubyRock is combining blockchain technology with a traditional asset to create a secured, fully transparent, and efficient asset-backed NFT.
Limited Supply
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.
100% Backed by Real Asset
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.
Stable Value
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.
Diversification & Hedging
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.
P2P Exchanges & Payments
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.
Art collecting
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.
Long Term Position & Value Creation
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.
Three Key Foundations
RubyRock is built on three key foundations:
1. Real Asset:
- A Ruby Specimen: Natural Corundum Ruby in Zoisite Matrix – GIA certified (Gemological Institute of America).
- Extracted from a ruby mine in Arusha region in north-eastern Tanzania.
- 32,700 carats; 6.54-kilogram.
- Appraisal value $261,600,000.
2. DeFi:
- Rewards Pool: 50% of every secondary market transaction fee is destined to a community vault to be distributed quarterly to holders of RubyRock.
- Staking options: Staking will be available through the various phases of the project.
- P2P Exchanges: RubyRock is a digital asset that can be easily and securely transferred anywhere at any time as a trustworthy medium of exchange.
3. Art Work:
- A collection of 83 hand-drawn artistic layers with different designs and colors representing the ruby stone Specimen and the source of the Specimen, Tanzania.
- Selected emerging artists from different regions around the world will create artworks with unique marks, while growing the RubyRock family through their organic communities.
