Rubi is a project to improve blockchain technology based on the principle of social consensus. The platform is designed to implement a special algorithm that is able to evaluate human interactions on the online platform to the mainstream economy in real life. From there, a tool system will be built to record results and transform activities in the form of "RUBI blocks", which in the project we call "Digital assets".

About the concept, the name Rubi is inspired by the discovery and exploitation of "primitive gems" in nature. The Rubi project has found a connection to show that in the internet world everyone is a "precious jewel" in himself. The great value of users comes from any activity in cyberspace, every interaction in cyberspace in "Rubi's theory" is said to form real assets for themselves.

The interaction then forms the existing asset index for each user.. That asset is put into circulation in valuable activities in the relationship between the digital economy and the real economy. Its ultimate goal is to become a utilitarian asset that can be received and enjoyed by users on Rubi themselves.

Rubi puts the user at the heart of the project, all the algorithms or platform functions born in the development process have been carefully oriented by the development team with the goal of promoting equal ownership. to increase user wealth.

Rubi Project is a special community project in the world of smart people who have the ability to control smartphones to generate wealth for them. We humorously call people who have the ability to control smartphones the "Phono Sapiens". Along with working together to propose a new concept of digital resources, we love all miners, we call our community RUBIMILY.

ANDY Nguyen

WHAT IS A GENESIS ACCOUNT?

Rubi Network aims to build a decentralized affiliate community, taking human interaction as the universal economic foundation.

Due to the East Asian cultural origin of the network's founders, to describe the cycle that Rubi Network's universal economy aims for, the founders used the imagery of 5 basic natural elements to name the GENESIS Accounts.

Therefore, the first 5 user accounts, called GENESIS, bear the names of the five elements: METAL – WATER – WOOD – FIRE – EARTH. These are the primordial accounts of Rubi Network, as well as the miner accounts that started the RBL mining journey, the very first seed accounts with primordial referral codes according to the starting-point rule.

HOW IS GENESIS SIMILAR TO AND DIFFERENT FROM REGULAR ACCOUNTS?

Rubi Network consistently applies an equal native asset distribution rule from which even GENESIS accounts are not exempt.

Basic mining rules:

• Mining rate: Applies the same base mining coefficient as regular miners.

• Group member limit: Maximum of 1,000 members, similar to regular miners.

• Member boost coefficient: 10%, equivalent to regular miners.

Differences:

• Maintaining mining sessions: Genesis automatically starts a new mining session every 24 hours, instead of having to do it manually.

• System role: Genesis can connect wallets labeled System Wallet to serve the operational functions of Rubi Network.

Thus, although GENESIS has its own operational characteristics, it has no preferential mining rate coefficients compared to regular miners.

HOW MANY GENESIS ACCOUNTS ARE THERE?

There are only 5 Genesis accounts corresponding to METAL, WATER, WOOD, FIRE, and EARTH.

As explained regarding the East Asian cultural element, figuratively, these are the five primordial accounts established as 5 starting points to expand and form the Rubi Network. From these 5 accounts, the affiliate miner network expands and continues to spread like tree branches in nature.

WHO OWNS THE GENESIS ACCOUNTS?

The 5 Genesis accounts are owned by Nemo Holding JSC, the founding legal representative and resource sponsor developing Rubi Network from its earliest days.

GENESIS accounts also participate in mining and accumulating Native Assets similar to other miners; the accumulated assets are considered to be owned by Nemo Holding JSC.

Importantly, Genesis also starts accumulating from 0 just like any other miner, which can be completely audited based on ledger data.

The founding members of Rubi Network, who are also shareholders of the sponsoring company, do not directly own the GENESIS accounts because each member has basic mining rights as an individual miner, equal to other miners.

WHERE CAN I TRACK GENESIS ASSETS?

You can track asset information, balances, and transaction history of Genesis wallets through Rubi Explore - PANDORA, the official blockchain data explorer of Rubi Network. However, currently the Genesis accounts have not created all their wallets; only a few wallet addresses are active, and this is one of them.

Wallets belonging to GENESIS accounts, when participating in operating network services under basic contracts, will be labeled System Wallet to help users recognize and distinguish them from regular wallets.

CONCLUSION

GENESIS is also a user in nature, with equal rules similar to any other user.

Despite playing a special role in initiating and supporting system operations, Genesis still has to accumulate RBL from 0 through mining activities and the services they provide.

Rubi Team members, as individuals, also have the right to mine and accumulate assets just like other miners.

Rubi Network is consistent with the principle: 100% of RBL is formed and distributed through mining, with no pre-printed supply.

THE DIFFERENCE BETWEEN RUBI POINT (RBP) AND RUBI BLOCK (RBL)

Rubi Point (RBP)

It is a point unit recording the mining results of miners during the early distribution phase of Rubi Network. RBP is accumulated through the presence and consensus interaction of users with the network, including individual mining and affiliate reward mechanisms.

RBP is not yet an asset recorded on the blockchain ledger and cannot be stored in wallets, nor can it be traded or transferred. However, if users have passed identity verification (KYC), they can proactively perform a Migration to convert RBP into RBL at a 1:1 ratio.

Rubi Block (RBL)

It is the native digital asset (native asset) of Rubi Network, recorded on the Rubi Blockchain through the act of Migration proactively performed by each individual miner.

Unlike RBP, RBL can be stored in wallets, moved, transferred, and used in economic activities supported by the network.

In short: RBP is a temporary state recording mining achievements, while RBL is the official result recorded on the onchain ledger.

Welcome to Rubi Network's AMA week #1!

This is the content of the first week's AMA, we call it AMA #1, we hope to provide you with many hot answers!

In this AMA #1 session, we will answer important questions from the community, from the RBL listing plan, how Rubi is distributed, to the outstanding differentiators of #Pandora Blockchain compared to Bitcoin and Ethereum. We will also clarify why Rubi will not conduct a TGE event, as well as our commitment not to crowdfund to ensure transparency and protect the interests of miners.

Join us to explore the future of Rubi Network and how you can become a part of this decentralized ecosystem!

See the full 10 questions in AMA Week #1: CLICK HERE (AMA #1)

Because we believe that the assets of a public network must belong to those who create them through mining, not as a privilege of the founders.

The Rubi Team does not see itself as the creator of Rubi blocks, but merely as the discoverers and builders of the mechanism that records the value of human interaction into digital assets.

Just as Bitcoin did not set aside privileged rewards for Satoshi Nakamoto, Rubi Network chooses to distribute 100% of RBL through mining, with no pre-allocation for the development team.

Rubi Team members must also mine RBL under the same rules, just like any other miner.

We propose the rules of the game, but we do not grant ourselves the privilege of standing above those rules.

That is the principle of fairness that Rubi Network chose from day one.

ANDY

(If you can't log in, please try the following methods!

Check your connection
• Try changing your network connection (switch to 4G or Wi-Fi)
• After checking your connection, close the app and log in again

Use the Recover password feature
For accounts that have been verified with a trusted email address, you can always use that email address to retrieve your password. Use the forget password function, Rubi will send a unique verification code within 15 minutes to your email address (Note: If you don't see it, use the search function in your email and type "Rubi" to find the email-OTP quickly)

Report compromised accounts
Rubi will assist you in handling situations where your account has been compromised, such as being stolen and the password being changed. You need to contact support channels or send a support request email to: [email protected]. Note that users who have passed EKYC will receive higher levels of support than those who have not completed KYC.

Connect with community support channels for the fastest assistance.
You can always find the most direct support for all issues you encounter in the Rubimily community of miners here, which we affectionately call Rubimily. Telegram Rubi Community here: https://t.me/RubiSocial

NO! Rubi's mining operations during the distribution phase of rubi block based on the consensus mechanism (POC - Proof Of Consesnsus) will be performed on cloud servers collectively known as "cloudmining". This operation starts when users agree to activate a mining session, and "cloudmining" will continuously mine in a 24-hour cycle. During this time, users do not need to open the application, and even if their phone is not connected to the internet, mining will still continue. When the mining process completes a cycle, which you have activated, you will receive rewards in the form of "Rubi block points".

During the cloudmining block mining process, Rubi does not require any access rights, making it a secure application. You can earn Rubi blocks even while sleeping. Don't miss any blocks while the Rubi supply is still abundant, as mining difficulty will rapidly increase as more users participate.

Hello! I am Andy Nguyen!

In this news, I would like to explain in a simple and understandable way the value of a Rubi block, a main asset being mined on mobile devices by miners in the Rubi Socialchain project.

As you may know, the RUBI blocks that I and you are mining can only be found in one way, by interacting with the RUBI app every day.

The project developers, the Rubi-team, do not have any private reserve funds and own 0% of the total initial supply, while most other projects typically own 25-75% of the resources. The development team members also mine at the mines just like you, and the mining efficiency is equal to any other miner.

The life cycle of RUBI block.
Rubi blocks are born through mining but will have two main functions in their life cycle on the RUBI-Chain. Regardless of which function you use, your RUBI block will be consumed. Now let's consider the two ways to use it.

(Rubi is a digital commodity with an estimated value of about $2.)

Real-NFT Function: Rubi Block is a new concept, characterized as a blockchain-based technical solution, promising to provide people with the ability to establish ownership over real-world assets on the blockchain. People can trade these ownership rights on the digital platform, and it links it with real-world asset trading activities outside of reality.

For example, you can own a rare artifact by minting a unique NFT for it through the RUBI NFT creation function at the time when we announce the private chain. Then, the physical entity of the artifact has been verified by you as ownership in the digital space, and you can create transactions by transferring your ownership of it on the network to another user.

In our theory, we believe that the development of Blockchain in reality will strongly follow this direction and the revolution with the central focus on Blockchain will truly become a revolution in terms of ownership rights in the digital space.

A "click" is worth how much?
nswering this question is one of the direct ways to answer the question "How much is 1 RUBI worth?"

RUBI was created with the goal of promoting "interactive asset theory," thereby forming an awareness of a completely new type of resource that has emerged in the context of smart devices, linked to the lives of modern citizens from birth.

Today, many people still don't understand exactly how valuable each interaction of themselves in the digital space really is. But for a long time, the world has had "value metrics" for that value. In fact, interactions have been measured and priced early on through studies, analysis, and conclusions by many reputable global economic and marketing organizations.

Continuous measurements have shown the growing value of interactions. Recent reports on a popular social network, Facebook, show the cost of a "click" on this platform is a very impressive number, with advertisers having to pay an average of 1.72$ per interaction. This shows that each user's behavior can actually be transformed into tangible assets and they are also measured by "value metrics."

In conclusion, the value of a "click" cannot be determined simply by a numerical value, as it depends on many factors, such as platform popularity, user demographics, and target audience. However, it is clear that interactions have value, and this value is increasing over time.

(Facebook's CPC report in 2022 powered by WordStream)

The image above shows you a clear and interesting report, you can find many other interesting reports on the cost advertisers have paid for each interaction in the digital space. Those interesting links I will leave them at the end of the article.

Come here! Slowing down a bit, are you surprised to find out that almost all of your behavior generates the same value as a resource? Technology platforms have long been quietly mining them every day from you, they turn them into their assets, and indeed if you look at the wealth they have accumulated, you will be stunned.

Going back to the dialectical question of the price of RUBI, I will say that every RUBI you set up today can be exchanged for 500 interactions, calculate it yourself. I'm just saying that your 500 interactions probably won't be less than 2$. If you still doubt that 2$ is also an unbelievable item, then I would really gladly pay 2$ for your 500 interactions.

How long can you mine RUBI?

I am not sure of the timing for such a question within the Rubi project, but I believe that as long as humans exist, the need for interaction and interaction will always be valid. Each interaction establishes its own unique values, we can only measure them relatively. So the operation of mining Rubies and supplying the market has the potential to become a sustainable activity.

Nowadays it is very easy to mine RUBI block with high efficiency because the competition is not great, It is just like the ancient people can easily mine physical gold in nature when the competition is not worth it. tell. We believe that today's world "Interaction is real gold".

So the important thing for you right now is not to delay, take advantage of the golden time to mine. Let's explore the interactive resources, we have available tens of thousands of miners exploring this amazing resource.

CONCLUDE

Despite the evidence, the argument I point out in the article does not explicitly indicate exactly how much 1 Rubi when trading will actually cost. But I suppose it has also given you a good understanding of the intrinsic value of the asset you are mining on Rubi's platform. And I have rightly pointed out, the value of each RUBI will not be less than a symbolic minimum of  2$. It's even more than $2 a lot of times.

ANDY Nguyen

You are welcome to ask us any questions, any feedback related to "interaction property theory" to us!
I'm really happy to receive any comments from you, even if it's mixed! Welcome to RUBI.

Reference link, material for this article!
• Cost Facebook 2021-2022: Here
• Search Advertising Benchmark: Here
• Social Cost Advertising compare: Here

During the early distribution phase through presence contribution, mining and accumulating RBL on Rubi Network is completely free. You do not need to invest capital or pay any fees to gain the right to participate in mining.

The mining process during this phase is designed to be accessible to anyone; it is simple, automatic, and requires no technical knowledge or special skills.

RBL is the native token accumulated by you through participation and consensus interaction with the network. You can accumulate more than others depending on the time of participation and your level of activity. The mining action may seem simple and effortless, but maintaining it for a long time is very difficult, which is also why persistent miners can accumulate more than others.

Because no monetary investment is required, the risk of financial loss is completely eliminated. However, this mining rule only applies during the early mining phase, when the network still operates on centralized infrastructure and is fully funded.

Basically, there is no limit to the number of ways you can earn money on Rubi Network.

Rubi is developed to build a public economy based on a community of real people, jointly operating a public blockchain with fair rules, where every member can own, exchange assets, and freely develop economic activities based on actual needs.

Aside from mining and accumulating RBL—the native asset with utility value that can be transferred to generate income—you can also participate in many other activities depending on your needs and capabilities to grow your assets. Basically, these are economic activities that can be brought onto the blockchain to strengthen trust in the economic and commercial space.

• Receive from sponsored campaigns: Earn rewards by participating in campaigns sponsored by individuals or organizations.

• Create original content: Create, share, and monetize valuable content.

• Create applications and games: Participate in creating or marketing applications and games.

• P2P Market / RWA: Buy, sell, exchange, and auction goods, assets, or ownership rights.

• Digital assets: Issue and commercialize copyrighted digital products.

• Commercial cooperation: Crowdfund, develop business projects, and share revenue according to agreements.

• Derivative services: There are always new services that you can provide within the real-people economy.

Note: These are just illustrative examples of the network's economic potential to highlight the diversity and unlimited development capacity of economic opportunities within a public network. Because human needs are constantly changing, economic opportunities that may arise in the future will always be much more abundant than what we can imagine now.