Hotbit does not provide endorsement for any blockchain assets. All introduction information regarding the assets is originated from third party sources and that emissions and errors might occur in the information provided.
The investments in blockchain assets are highly risky; the user is solely responsible for undertaking the risks of any asset shrinkage or lost. Please do conduct investment activities cautiously based on your own situation.
Rabbit Coin is a Trading Mining Coin by Rabbit EX which has been built covering the weaknesses of existing mining exchange. It is a cryptographic token that gives sustainable profit to users by the following mechanism: daily buyback and burning. Rabbit EX performs daily buyback and burning process to increase the scarcity value of token and hence, gives investors a greater percentage share than what they had originally. To be precise, 60% of profits from commission go back to the users, and 30% are burnt after buyback process. The remaining 9% are used for operations and 1% for users’ event. Total amount of daily token purchased as well as wallet address used for coin burning are open to the users so as to make our trust bond solid.
RB is currently being used in a real online casino game, ‘Dicebit’. (https://dicebit.io/index.php/main) It is basically a probability game like any other casino games which excludes any features of illegal gambling, and abides regional laws at the same time. Lots of events which provide rewards are being held not only to encourage users to gain some entertainments with their RBs, but it is also a good platform for them to maximize their revenue. The number of players playing dice game is rapidly growing ever since RB became listed on ‘Dicebit’ and it is currently one of the hottest potatoes among our users.
Apart from profit maximizing, we hold lots of events periodically to provide outstanding benefits to the users. Giving out travel packages for anyone who has purchased a token during pre-sale season, lottery voucher that cost 1billion KRW in total to list some of them. These events encourage users to be more active on our platform and attract potential users.
As we put lots of emphasis on communication between users and us, we operate a trading center and daily live Youtube channel to answer any questions or inquiries. Community channels are also available on KaKao Talk and Telegram.
Rabbit EX also fulfills corporate social responsibility (CSR) by supporting the vulnerable and underprivileged within the society. We carry out 10,000,000 KRW monthly donations which all Rabbit EX users participate with.
Token Status and Distribution
Total of 500,000,000 RB has been issued and 28% will be distributed for trading mining, 10% for development & promotion, 5% for air-drop, another 5% for nodes reward, 4% for pre-sale, and 48% will be burnt.