28 May '16, 12am
Invest On A Coin Backed By Established Business At Launch. Rubies [RBIES]
1. Over 5000 people from the digital currency community own Rubies right from launch, this model should ensure a wide distribution from the start. 2. Bet-Mining new Rubies will help determine the price per coin, if people determine that it takes 0.015 BTC to make 1 BTC betting volume to unlock 30 Rubies via Bet-Mining, then that would put each Ruby valued at 0.0005 BTC. Markets will ultimately determine the value however, this gives people a starting point to consider when trading opens. The cost to Bet-Mine is similar in theory to the cost of mining a proof of work coin and through this comparison a base price can be determined. 3. Instant real world use of Rubies through an established and trusted casino; business backed and investor driven.