The anticipated launch of Polkadot’s main net has seen crypto assets associated with it explode and increase in the price of their utility token. Distributed Ledger Technology (DLT) powered robotics and Internet- of- Things (IoT) project Robotics have also seen a surge alongside Polkadot with the price of the utility token Robonomics Network (XRT) increasing by ten times.
Robonomics posting massive returns
Robonomics Web Services (RWB) has also posted huge gains, with its lifetime subscription token trading to close to six figures on Uniswap; $95,000 for each Uniswap. Robonomics Web Services has become the first crypto token to trade over $100,000 when it tagged $116,000 recently. The extreme price of Robonomics Web Services is due to the token’s minute supply, with the circulation of 50 coins currently circulating from a maximum supply of 100 tokens. Of the 100 tokens, 50 tokens were distributed via Robonomics Network (XRT) pairing on Uniswap, the other 50 tokens have been reserved for non profit organizations and academia.
Robonomics Web Services (RWS) advocates for blockchain technology to use open source packages that support robotics and smart cities. The Robonomics has tokens that comprises a subscription model experiment, with Robonomics Web Services giving a guarantee of lifetime transactional throughput to the token holder. For each token, Robonomics Web Services guarantees a transaction per second between the holders Internet of Things (IoT) device and the Robonomics Parachain, or 2.5 million transactions for every month. For Fractional Robonomics Web Service (RWS) owners, transactional throughput is also guaranteed, with owners of 0.1 RWS having access to a transaction for every 10 seconds and holders of 0.001 Robonomics Web Services gaining access to one transaction every 100 seconds.
RWS still in Alpha, Beta set to be released
Currently, Robonomics Web Services is exclusively trading on Uniswap, the Ethereum based exchange blockchain platform. This has seen to Robonomic Network (XRT) generating an approximate of $350,000 within 24 hrs. The company’s token has a market cap of $4.65 million ranking it at the top 500 crypto assets by capitalization. Robonomics Network refers to this token as a pioneer’s special offer, nothing close to what future token models will ever offer.
Robonomics Web Services is now in alpha with the token’s beta release scheduled for the 2020 fourth quarters. Robonomics’ tokens are reported to have retraced by an approximate of 20% to 25% from their highs despite the 900% spikes earlier in the month of August 2020.