what cryptocurrencies do you accept to invest in the tokensale?
For the ICO, we will be primarily accepting Ethereum (ETH), however we will accept purchases in fiat money (i.e. USD) upon request.
what is the price of the token in dollar equivalent? I plan to participate in pre-sales. And what is the minimum investment?
The price is based on the price of Ether, so it's dollar equivalent price will vary as Ether changes in price. Currently, with the price of Ethereum at $680, the cost per 7000 RUBY will be $680 (because 1 ETH = 7000 RUBY for the first week). This is equivalent to roughly 10 cents per RUBY.
The minimum investment will be 1 ETH or $1000 USD. We have set this high minimum because we are only looking for accredited U.S. investors.
So far, what stage are you in terms of the development of your software? And how much would it be? How can we use your software if we are just a regular crypto user/trader, not really a big time one?
In terms of development of the software, we currently only working on the UI/UX. We are hoping to use the proceeds of the ICO to build our in-house team and hire the necessary staff to help us complete the project.
The costs of the project could vary significantly depending on the quality. Because we want to develop a very high-quality app (and exchange), we are predicting that the cost of each will be around $500,000-$1,000,000 USD. Combined, the cost will of development should be around 1-2 million USD.
Well, crypto-users will find it incredibly useful because it simplifies your wallets and money into one simple, easy-to-use payment platform. You won't have to enter-in the long Ethereum address to send money to your friends. Instead, you'll select their name from your contacts list and it will automatically send it to them. If they don't have an account, they will be prompted to create one (before your money is sent). Traders will find the app incredibly useful because they can make these payments all while accessing our exchange (Rubiex) in-app.
You don't need to be a "big time" trader or user to benefit--it is actually designed for the little guys. The purpose of it is to make small crypto-payments between friends much more easy and simple. Larger payments come with higher risk on our end, and since we are a just a startup, we would encourage those making larger payments to use some of the more established exchanges and mechanisms until we have built up our resources.
If you have any more questions, please let us know!
Thanks,
Team Rubius