RUBI, THE NEW ERA OF CRYPTO MINING
How Rubi Encourages Mining
Rubi’s core mission is to democratize cryptocurrency mining by eliminating technical and financial barriers, making it appealing to both crypto novices and enthusiasts. The app promotes mining through the following features:
Simple Mining Process:
Users download the Rubi app from the Google Play Store or Apple App Store, create an account, and tap a button every 24 hours to mine RUBI tokens. This low-effort process requires no costly mining rigs or significant power consumption, unlike traditional Proof-of-Work systems like Bitcoin.
The app also allows users to earn Mana, a secondary digital asset, by interacting with content (e.g., liking or commenting on posts), which can be sold on a free market, adding another layer of income generation.
Referral Incentives:
Rubi heavily promotes a referral system to boost mining efficiency and community growth. By using a referral code like Joesalem, new users can join the platform and receive benefits such as a faster mining rate (up to 10% increase per referral) or bonus rewards, such as 1500 Mana to start mining.
Existing users who share their referral code (e.g., Joesalem) also benefit, as each invited user increases their mining speed by 10%, creating a mutually beneficial growth model. For example, inviting multiple friends can significantly enhance a user’s daily RUBI earnings.
The referral system is capped at 1,000 referrals per user, ensuring a structured approach to network expansion.
Security Circle:
Rubi encourages users to form a security circle, a group of invited users that further accelerates mining speed. The larger the circle, the more efficient the mining process becomes, reinforcing the app’s community-driven ethos.
KYC Verification for Withdrawals:
To withdraw earnings, users must complete Know Your Customer (KYC) verification, which requires 30 days of consistent mining and a minimum of 30 RUBI tokens or 20,000 gems (depending on the context). This requirement incentivizes daily engagement and ensures security but may deter some users due to the time and documentation involved.
Socialchain Integration:
Rubi’s unique selling point is its RUBI Socialchain, which rewards users for social interactions (e.g., making friends, engaging with content) alongside mining. This gamified approach encourages regular app usage, as owning RUBI tokens is likened to holding a “user stake” in the platform’s ecosystem.
Using Referral Code Joesalem
The referral code Joesalem is one of many codes promoted by Rubi users to invite new miners. Here’s how it works and why it’s encouraged:
Benefits for New Users:
By entering Joesalem during registration, new users may receive a 10% boost in mining speed or 1500 Mana as a starting bonus, depending on the specific promotion tied to the code. These incentives allow users to accumulate RUBI tokens faster from the outset.
The code connects new users to the referrer’s network, potentially integrating them into a security circle for additional mining efficiency.
Benefits for the Referrer:
The user who shares Joesalem gains a 10% increase in mining speed for each person who signs up with their code, up to the 1,000-referral cap. This creates a strong incentive for users to promote the app actively.
How to Use the Code:
Download the Rubi app from the Google Play Store or Apple App Store.
Register using your Google, Facebook, or manual account creation (providing name, username, phone number, and password).
Enter Joesalem in the referral code field during sign-up to unlock the associated bonuses.
Begin mining by tapping the mining button daily and consider inviting others to maximize rewards.
Possibility of Success (Updated Assessment)
The potential success of Rubi hinges on its ability to deliver on its promises, overcome legitimacy concerns, and stand out in a competitive market. Below is an updated evaluation based on the latest information, incorporating both optimistic and skeptical perspectives.
Strengths Supporting Success
Growing User Base:
Rubi has over 1 million users and a 4.4-star rating from 17,000 reviews on Google Play, indicating significant adoption and positive user sentiment. The app’s lightweight design and smooth interface (no bugs or device overheating) enhance its appeal.
The referral system, exemplified by codes like Joesalem, drives exponential growth, as seen with similar projects like Pi Network, which leveraged community-driven models to amass millions of users.
Deflationary Tokenomics:
Rubi claims a total supply of 100 million RUBI tokens, with only 20–30 million expected to be in circulation at mainnet launch (projected for 2025). A halving mechanism reduces mining rewards as the user base grows (e.g., from 10 RUBI/day to 0.625 RUBI/day at 1 million users), fostering scarcity and potential value appreciation.
Speculative valuations of $3–$4 per RUBI token (as claimed by users) could drive interest if the token lists on exchanges, though these estimates are unverified.
Legitimacy Indicators:
Rubi’s presence on official app stores (Google Play and Apple Store) suggests basic security vetting. Its operation since 2022 and association with NEMO Holding in Vietnam provide some transparency about its origins.
KYC requirements and a decentralized model (where founders do not control token supply) add layers of security and align with reputable crypto practices.
Innovative Socialchain Model:
The integration of social networking with blockchain rewards (RUBI tokens and Mana) differentiates Rubi from traditional mining apps. If executed well, this could attract users seeking both financial and social engagement in Web3.
