Blockchain and protocol
Last updated
Last updated
The Ribus token is a mechanism that allows token holders to access and interact within the Ribus Platform with the products and services offered by its ecosystem.
Access to the vast resources of the real estate market happens through the interaction of the Ribus token and the Ribus Platform, which is the bridge that brings the possibilities of the real world to the digital world, through blockchain technology and its aspects. Ribus Token is a Utility Token developed in the ERC20 standard, which uses a smart contract in the Polygon Network.
Polygon Network is a layer 2 scaling solution that achieves scale using sidechains for off-chain computing, while ensuring asset security using the plasma framework and a decentralized network of Proof of Stake (PoS).
ERC-20 is nothing more than a smart contract that has a pre-established data structure. This framework is intended to facilitate the implementation of various functionalities in the Ethereum blockchain technology, making the creation work easier for developers.
The Ribus token has 8 decimal places (0.00000001), a max supply of 300 million tokens, aiming to reach 100 million tokens through the burn mechanism.
Acquirers and owners of Ribus tokens have access to various products and services; RIBUS grows, increases its market share, amplifies its entire value chain, and with that, creates conditions to deliver to its partners and supporters the breaking of paradigms and the results that the use of technology in new markets produces.
Ticker - RIB
Token type - ERC-20
Blockchain - Polygon Network
Contract address registered with Polygon 0x3Af2dd7B91D8fACECCC26d21a065267817213D37.
This contract can be verified at the link below:
