Rublix is a decentralized finance blockchain platform that seeks to address the loopholes in the cryptocurrency market space. It has identified the pain points for users of existing models and structured a framework that will reintroduce trust and protect investors.

The capital market thrives on analyses and predictions from self-declared experts in the industry. Apart from seasoned investors, most other players in the industry depend on the information posted by the so-called experts to time and structure their market moves. This has at times resulted in tragedy whereby they make drastic moves based on fake news or pump and dump schemes. This has cost many new investors millions of dollars and ruined the market for them.

Rublix seeks to reinvent this space by offering enterprise level applications that allow investors to better participate in the finance sector. It allows experts to earn from their accurate predictions and helps beginners to learn the ropes of the trade from seasoned players and compensate the contributors for valuable insight. It is built on the immutable and transparent blockchain framework to ensure reliability for all its users.

The State of Cryptocurrency Markets Today

The cryptocurrency market is currently experiencing an unprecedented rate of growth as well as enormous attention on a global space. Different authorities have described the current hype as a bubble waiting to implode while others have likened it to the Dutch tulip mania from four centuries ago.

The result of this exuberance is a heightened interest from investors wishing to make a fortune from the hype. Unfortunately, not all of these investors are well intentioned or properly founded. Investors rely on advice from various online sources but do not have the capacity to tell apart genuine reviews to manipulative data meant to cloud their good judgment.

Social media sites are particularly associated with fake news and deceptive hypes that easily deceive new investors. The crypto community provides the perfect breeding ground for such news as it operates on anonymity and thrives on viral content. Manipulations within the space are more advanced making it easier for unsuspecting newbies to fall prey.

The driving force behind Rublix is to eliminate the uncertainties and concerns that are arising from the rapidly expanding speculative crypto market. It seeks to introduce transparency into the space making it more attractive to investors and better placed to take over from the traditional model.

The Hedge Platform on Rublix

This is the flagship of the Rublix model, designed to educate investors, incentivize experts and build an environment of trust on which trade will flourish.

Most existing finance platforms are not well placed to assist entry level players to grow. Some for instance offer month-to-month portfolio models from expert traders for beginners to mimic and build their own. However, the shortfall of such an approach lies in the fact that at times a good portfolio is built on sheer chance. Traders at times get lucky so to speak and this provides a boost that makes them seem better than they actually are.

Rublix takes a different approach on this. It provides a before-and-after analysis to help newbies better assess the capacity of so-called experts to make accurate predictions. These experts will post blueprints containing trading information for the community’s publics. This could be predictions, educational content, trading analysis, current market trends or possible strategies for success.

All contributions made to the platform will be permanently recorded on the blockchain and form the basis for ranking individual contributors. This will make it possible to build a reliable expert record that will be above user manipulation.

Benefits of the Hedge Platform for the Cryptocurrency Market

Hedge platform combines the best of both worlds borrowing from top models in the finance industry. It makes use of the best features from the traditional model found in Patreon and the blockchain technology in Steemit to provide a superior model with a focus on trading. Both of these models use reward systems to ensure high quality content for their paying audiences. It will however go beyond these basic models to make the hybrid unassailable and better set to completely transform the crypto market.

1. Debunks Manipulation and Prevents Spamming

The model uses an advanced algorithm to assess followers’ activity on the platform and prevent manipulation and spamming. Most current investment sites and social media platforms are rife with this practice. Some users create and operate multiple accounts or use existing accounts artificially. This makes it easy to control the perception of the public on select products or people. They are therefore popularly used to conduct pump and dump schemes that harm investors.

Artificial intelligence on the platform is designed to detect unusual activity and weed out spam. For example, if an account is only known to contribute to one user it will be marked as spam. This will serve to raise the cryptocurrency market above the common manipulative activities that at times cost investors dearly.

2. Contributors Only Earn From True Predictions

The structure of the model requires a contributor to create a smart contract using the Hedge application. Audience members who wish to access the information will buy the content (blueprint) using RBLX tokens. Every contract will result in a specified outcome depending on whether the information contained is accurate or inaccurate.

If the information is proven to be accurate, the trader is earns tokens and this contributes positively to their reputation and ranking. If however it ends up being inaccurate the audience members get back their tokens and again the ranking and reputation reflect the inaccuracy.

The whole point of this system is to encourage positive contributions based on accurate facts. Unlike on social media where analysts can get away with anything, the hedge model ensures that every blueprint goes on permanent record and helps the public to form an informed opinion of the contributing trader.

The decentralized nature of the validation process ensures fairness and transparency every step of the way. When analysts have to deal with the consequences of their predictions they will be careful and more likely to offer well-researched insights. This will serve to make the cryptocurrency market more appealing to investors and contribute to its stability.

3. Advanced Ranking System

Users who frequently contribute useful content will build a following on the platform and earn from followers’ contributions. They will gradually rise in rank and once they hit a pre-specified threshold, will qualify to create a private channel. This will make their contributions exclusively accessible to members who subscribe to the channel. All followers who wish to access the channel will pay for the privilege using RBLX tokens and further increase the contributor’s earnings.

Such an approach ensures that with time, there will be a reliable database of information on the platform as well as a team of reliable analysts. With that in place, the current volatility in the cryptocurrency market will be reduced drastically. Investors will no longer migrate en masse following false predictions or speculations. This will help the market to grow and achieve its full potential.

4. Centralized and Decentralized Oracle Architecture

Hedge is designed to utilize the advantages in both the centralized and decentralized model to ensure fast results and maintain trust. If it were purely decentralized, outcomes would take any number of days before confirmation. This would be disadvantageous to users. At the same time, market data will not be stored on the chain as this is unnecessarily burdensome and does not affect the verification process in any way.

The platform therefore plans to employ a “Centralized Multiparty Oracle” system and a “Decentralized Resolution Mechanism” to ensure high speed and accuracy. The centralized system has the role of collecting accurate data from reputed market sources and comparing these to the blueprint for verification. The system then signs the blueprint smart contract and gives the outcome.

The beauty of the system is that outcomes can be disputed within 12 hours after delivery by the centralized system. Users are allowed to participate in solving disputes and will earn RBLX tokens from giving truthful responses.

This combination of centralized and decentralized approaches benefits the cryptocurrency market by speeding up the information validation process. This market is extremely time-conscious and real time data will make a world of difference in investment decisions.

Rublix Future Projects

The Rublix platform is also set to launch other products in the course of the coming year to help make cryptocurrency trading easier.