Backed by a 200 Million Investor Blockchain-Powered Investment Platform, Roobee Is Launching Service with $10 Investment Threshold
The Roobee Blockchain-Powered Platform Announced Its Plans to Launch an Investment Service for Use by Generation Z & Y Investors After Having Received the Support of a Prominent Investor Backed by over 200 M************** in Capital.
The Roobee next-gen investment platform, which is preparing to launch full-scale operations by early 2020, is being designed to aggregate various investment instruments from different markets and provide retail investors with instant access to them free-of-charge.
We want to give ordinary users the same investment opportunities that rich people have. So that investing even $10 in well-known and reliable investment tools with a high entry threshold could become affordable for those having small budgets.
To market the main idea of the company creating the Uber of the world of investing Roobee specialists are combining cutting-edge technologies with a proven business model. Artificial Intelligence is used to help users compile an individual portfolio of investment tools from stock, venture capital, real estate, l****, IPOs, and cryptocurrencies markets. It also ensures that only verified companies like Airbnb and Apple are included on the platform. A high level of transparency, security, and speed necessary when dealing with funds will be reached through the employment of blockchain. In particular, the developers will equip the platform with credible and accurate statistics tools, which will show the real profitability of each investment tool. The history of investments will be also recorded on the blockchain to prove that they belong to particular users.
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Special attention is paid to the safe storage of funds ensured through partnerships with the world’s largest companies. As part of an exclusive option, the platform will grant investors with decentralized wallet which guarantees that access to individual private keys belongs to the user only.
The Roobee’s system and philosophy seek to achieve equality among customers. By investing even $10, an ordinary user will be able to get the same profitability and access to investment tools as investors with budgets of $1,000,000.
The Roobee project has already successfully completed the first stage of financing on the Pre-Seed round participated by large investors. In particular, 10,955 ETH (~$4,500,000) has been invested by a 200m_trader, known as one of early investors of world-renowned blockchain startups Ethereum and EOS. In June 2017 he went on Bloomberg pages after turning $55 million into $283 million in a month. “I only invest in projects that can reach a capitalization of $1bn within the time frame of 5 years. I see this potential in Roobee. I followed the same guidelines investing in Ethereum back in 2014”, explains the investor.
Roobee has already circulated over $15,000,000 through its test system. The platform’s business model has allowed over 5,000 people to transfer an estimated 21,000 ETH (~$15 mil.) to investment and venture funds, as well as blockchain projects during their private rounds. Over 200,000 potential clients form the platform’s community.
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“We want to give ordinary users the same investment opportunities and privileges that rich people have. So that investing even $10 in well-known and reliable investment tools with a high entry threshold could become affordable for those having small budgets. The Roobee product is designed in such a way that even smaller investors could diversify risks and compile a portfolio of various market instruments (venture, stock, l****, etc.) in one click. At the same time, we will make the interface easy-to-use for any type of investor and credible investment return statistics ensured through the use of blockchain. We want people to improve their quality of life with Roobee and oppose rash investments (investing their last savings, borrowed money, etc.),” as stated by Artem Popov, co-founder of Roobee.
Further plans for Roobee include the preparation for the seed-round, which are currently being finalized. Financing of Roobee at the given stage will be made through crowd-investing with the sale of shares and through venture investments. Roobee is planning to release the first MVP version in Q1 2019 and expects over 10,000 whitelist submissions from people eager to use the product by March 2019. According to Roobee’s estimates, the platform’s user base will increase to 100,000 by late 2019/early 2020. The company expects the number of platform users to surpass 1,000,000 and its market cap to reach $1bn by 2024.
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