The world has been waiting for an asset-backed cryptocurrency backed by something tangible and valuable versus algorithmic. Now it's here! The RoRa platform allows investors worldwide to collaborate and create cryptocurrencies that can be traded and increase in value as the asset pool expands.
Because the world can't seem to abandon the physical store of value entirely, non-USD asset-backed cryptocurrencies were an inevitable development. Many people prefer a physical representation of their digital assets in the real world to guarantee their value. The missing element to success with so many failed "algorithmic stablecoins" is asset-backed coins.
Through an exclusive partnership with the NyXEx platform, all of RoRa's premium asset-backed coins are positioned for market exposure by the fall of 2022. As RoRa’s crypto trading assets and dividends grow, so does the proportion of profits that users get. The mutually beneficial architecture employed by NyXEx and the hosted RoRa Coins is the future of successful cryptocurrency-based platforms with various use cases. This methodology guarantees efficiency, scalability, and a more predictable digital currency that community members can trust to trade with. All this is done without being harmed by market trends and by deploying asset-backed coins that can withstand significant market swings based on their assets' reserves.
Through the implementation of an economic algorithm based on multiple asset classes, RoRa's proprietary coins will capture a significant share of the trillion dollar cryptocurrency market.
When it comes to coins in the world of finance, there are two that stand out from the rest: RoRa™ Prime and RoRa™ Gold. RoRa’s asset-backed cryptocurrencies provide financial services’ innovators with a diverse range of options to institutionalize digital assets one coin structure at a time.
The digital representation of real assets on distributed ledgers or the creation of traditional asset classes in tokenized form is a key aspect of the revolutionary potential of RoRa Primes’ technology. RoRa Prime, and its initial collection of premium assets, have several advantages right out of the box: efficiency boosts due to automation and disintermediation; openness; increased liquidity and tradability potential for assets with little market depth, and quicker clearance and settlement.
The simplicity of RoRa Gold is defined by its straight lines and the inclusion of one ounce of gold valued at one RoRa Gold coin. With the growth of gold and Bitcoin's decline, RoRa Holdings has placed a greater emphasis on its RoRa Gold solution.
The RoRa Holding's new oil coin, RXOGC, is the world's first regulatory-compliant digital currency backed by 25 Billion in verified oil reserves in the United States. The RXOGC allows individuals and organizations to use a transparent peer-to-peer exchange digital currency with an inherent value based on oil. Oil, the most liquid and actively traded commodity globally and an essential energy source for the global economy, can now be purchased and traded with simplicity.
Cryptocurrencies are making headlines in a variety of industries all over the world, but many of these currencies are highly risky. We believe that our RoRaE Coin will provide a level of security comparable to that of a banknote, requiring tangible assets to maintain value. This not only allows us to construct a marketable product for people to invest in but also enables us to create a tradable Cryptocurrency that can function as a day-to-day currency through the security of vaulted Emeralds.
The crypto market has so far been marked by significant volatility and instability, with some investors seeing it as a high-risk venture. One of the reasons for this is that a digital currency's value is primarily determined by its technology, with a minor role played by confidence in the project's creators and presumed trade liquidity. The cryptocurrency market is still speculative, and rivalry between crypto companies continues to grow. Entrepreneurs are continuously attempting to develop a one-of-a-kind and stable cryptocurrency that investors may invest in. That is where RoRaD's vaulted Diamond-backed coin comes in with its diamond-secured coin.
RoRaR is backed by tangible assets and receives its total value on the day of it's release. Because of the limited supply and is backed by vaulted Rubies, RoRaR is less volatile than traditional currencies. The liquidity they provide allows investors to exchange them without worrying about whether the future platform will be helpful. In addition, RoRaR may also be a good substitute for conventional investments in today's capital markets (since the execution of a transaction is faster and cheaper, reducing capital market intermediaries' expenses).