How the Roobee token will be used on the platform📱 (Part 1)

Roobee
Roobee_invest
Published in
3 min readAug 25, 2019

Speaking of the Roobee platform, it is inevitable to touch upon the topic of the Roobee token.

— What are the opportunities the Roobee token will provide for its holders?
— How will it have an impact on the user’s status on the platform?
— Will there be any incentives for users for the socially useful actions?

About all this 👆 and many other things we will talk about in the today’s topic.

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To access the extended functionality of the Roobee platform’s infrastructure, Roobee releases the ERC20 standard token, based on the Ethereum blockchain, as the most user-friendly solution with a well-developed infrastructure. Roobee tokens will be used exclusively for operating and obtaining the functionality available for the Roobee token holders within the platform 🔐

What will the functionality of the Roobee token include?
Answering this question, it is worth noting that not all functionality of the Roobee token will be mentioned here, but only a part of it. In the future we plan to expand this list 🙌

  • Roobee token holders will have the opportunity to access additional investment modes beyond the standard ones. For example, at the moment the Roobee platform has an investment mode called “General Investment”. This is a classic investment mode, which covers almost all investment objectives of the user.

However, in addition to “General Investment”, several other investment modes are being developed, such as “Happy Retirement”, “Goal Achiever”, and some others, of which we have not yet talked about. Some of these modes will be available only to Roobee token holders.

  • Roobee token holders will be able to change their status on the platform. For example, the initial user status right after the registration will be “Free”. Depending on the amount of Roobee tokens you retain, you can upgrade to “Early Bird”, “Silver”, “Gold” or “Prime”.
    The statuses will open up advanced features on the Roobee platform. We will definitely be discussing this in the following publications.
  • Moreover, there will be an opportunity to get priority access to new investment products with limited allocation and increased demand from the Roobee platform audience.
  • The Roobee token holders will be able to access the extended range of investment products within the RoobeeMarket framework.
  • In addition to that, Roobee token holders will be able to reduce user transactional fees on the platform, get the opportunity to rebalance their portfolios autonomously and acquire access to the Roobee educational platform 👩‍🎓👨‍🎓

A certain number of the features described above may require the Roobee token holder to deposit or freeze funds, including the use of smart contracts.

It is important to note that these are not all the advantages for Roobee token holders. In the second part of this series, we’ll talk about what other features Roobee tokens will provide for its holders. We will also tell you about the socially useful actions, which will reward users with Roobee tokens, and discuss the Bug Bounty bonus program.

If there are any issues you concern about, please do not hesitate to ask in our chat room.

Thank you for your support!
Roobee team.

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Roobee
Roobee_invest

Roobee is a blockchain-based investment platform. Website: https://roobee.io/