Introduction and Concept of Asset Types in the RUBI Network Economy

❛❛ The RUBI platform is considered miners' mining tool, allowing the use of this tool to access and own assets in another important dimension - the digital space, where it impacts nearly all human lives, which can be seen as another dimension that Homo Sapiens must move towards building, exploiting, and mastering in today's world.❛❛

In the journey of exploring the Rubi network space, we cannot help but pay special attention to the important and valuable commodity assets, the commodities that Rubi miners are accessing and exploiting daily: Rubi Block (RBL), Mana-F (MnF), and Mana-A (MnA). These are not just digital assets that can be stored over time and used directly when needed, but also crucial foundations to understand how the Rubi network applies them to generate significant asset value and seek income for miners.

Therefore, in this article, the Rubi team will summarize the concepts of these asset types in a sequential and concise manner. Let's explore RBL, MnF, MnA.

✦ Rubi Block (RBL): Rubi Block, abbreviated as RBL.
This is a type of asset provided solely by daily mining on the network by miners, similar to a simulation of how a commodity is produced or a natural resource is mined from the real world. Miners who perform mining are the direct owners of these commodities without having to share income with anyone else.

⚡️ ● Concept:
Rubi Block is named from the concept of the gemstone "Ruby" representing a rare gem in nature and "Block" is a term to indicate that this is a block, to indicate that each unit you mine has the significance of a block rather than just a single unit. Miners mining in the early stages will earn block-type assets, meaning large blocks daily. This is also similar to mining gemstones in nature, initially they are also easily found in large quantities due to little competition.

⚡️ ● How You Earn It:
Rubi is entirely earned from mining activities, there is no other way to create Rubi, it is not pre-mined or issued to founders. The distribution rule is entirely consistent and protected, so the miners of the network directly supply Rubi to the supply of this type of commodity for all network needs.

⚡️ ● Using RBL:
Defined as a commodity, it must be associated with usage and circulation activities. So, what does 1 Rubi block contain and its theoretical applications on the network are mentioned, including:

• Fragmentation: 1 RBL can be used for fragmentation, the process of fragmenting these Blocks will consume 1 RBL and produce 500 MnF.

• Storage and Exchange: Rubi is a commodity with sustainable properties over time, it is not eroded, so it is also suitable for storage and exchange, always ensuring a 1:1 balance convention.

• Staking and Governance: RBL represents miners' mining efforts, it also represents the value position and voting rights of miners. Holding this asset allows you to stake on activities requiring staking and brings additional profits or voting rights on the network protocol.

• Others: RBL also has other applications that will be introduced by the development team in the future.

✦ Mana-F (MnF): Mana Frozen credit - written with the unit symbol MnF.

⚡️ ● Concept:
Mana-F, or Mana Frozen credit, is an important decentralized type on the Rubi network. Inspired by the fuel factor in nature, any activity requires you to provide a fuel amount to drive it. Therefore, MnF is a credit designed for all purposes like fuels, consuming, and driving activities. The activities that MaF can support are diverse, they can be any suitable activities that MnF owners desire, such as promoting commerce, attracting customers, or branding.

⚡️ ● How You Earn MnF:
You earn MnF by fragmenting Rubi blocks you have, which will create an amount of MnF corresponding to the ratio of 1:500. Additionally, this type of Credit is rewarded only once per account through a public convention supply, where the earlier you become a Rubi miner, the larger the reward you receive. (see also Mana Airdrop Season)

⚡️ ● Using MnF:
MaF is used for 2 purposes: Launching your campaigns to attract actions, rewarding the content you love on social networks.

✦ Mana-A (MnA): Mana Actived - abbreviated with the symbol MnA

⚡️ ● Concept:
Mana-Actived, or activated energy, represents an action unit verified by the network, acting as the network's payment token. This can be seen as a commodity used as a price index for all payment or exchange activities in the Rubi Network economy. Mana-A is not only an index but also a motivation to create positive and creative activities, seek income, and help the Rubi network become stronger and more diverse.

⚡️ ● How You Earn MnA:
Mana Active is created by exchanging the status of 1 MnF into MnA at a ratio of 1:1 each MnF is paid from wallet A to wallet B, it will be an exchange process according to network rules. Thus, every 1 MnF burned will generate 1 MnA.

There are many ways for you to participate in the Rubi network economy and earn MnF Tokens, you can create content to receive rewards, you can also complete campaigns issued by other users to receive rewards, you can stake to run network hardware operations and earn transaction fees, you can buy and sell tangible goods and intangible services to receive payments in MnA. Or buy and exchange with other assets in the network's common trading area.

⚡️ ● Using MnA:
As mentioned above, in how you earn MnF, many aspects you use it for have been mentioned. All activities in the Rubi economy require the use of MnA for payment, such as transaction fees, verification requests, buying and paying for all utility services in the economy are accepted with MnA.

In addition, MnA is also used in NFT creation activities, and it will be burned in large quantities through this process to ensure the deflation of the supply.

Conclusion:
The development team hopes that by introducing the above-mentioned asset types sequentially and concisely, miners see a completely natural and fair mining and consumption activity driven by mining activities with an important role that miners are undertaking.

RBL, MnF, MnA asset types are not only digital assets but also decisive factors in promoting sustainable and transparent development of the Rubi community. This affirms our commitment to implementing the community economy theory. Rubi Network provides a fair social platform aimed at the core benefits of every member, so miners should understand the above-mentioned asset types to maximize the potential of this network.

Best Regards,
Rubi Team News

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