R-Bit
R-Bit
Token: RBIT


Making Arbitrage Possible For Everyone

ICO dates
Start date: 2018-03-24
End date: 2018-04-29

Registrated in: Norway

Platform: Ethereum
Type: ERC20

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R-Bit categories
Artificial Intelligence Business services Investment Platform
R-Bit whitepaper
R-Bit token sale
KYC passing required Yes | Whitelist No | Restriction for countries No
Soft cap 1,000,000 USD
Hard cap 15,000,000 USD
Tokens for sale 150,000,000
Token distribution in ICO
75%
75%
Price 1 RBIT = 0.70 USD
Price in PreICO 1 RBIT = 0.05 USD
Minimal investment 0.05 ETH
Acceppting ETH
R-Bit news, social
R-Bit search trends in Google
Random whitepaper excerpts

Table of Contents
Why R-Bit
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Team Background
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What is Arbitrage

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R-Bit’s History
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R-Bit’s Objective
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The Role of R-Bit’s Token
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The R-Bit Monthly Share
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Allocation D...

The R-Bit token’s purpose is to take advantage of the
difference in price of the many tokens/coins on different
exchanges.
Why R-Bit?

R-Bit is the first token of its kind, using a proprietary
arbitrage algorithm to take advantage of trading
opportunities only available to very few until now.

R-Bit’s algorithm, during initial testing over the past year,
has made returns of up to 28% in a months time.

Very low risk and exposure – trades are executed quickly
and do not depend on market direction.

By holding the R-Bit token, you are entitled to a share in the
profits made by our proprietary arbitrage algorithm.

R-Bit’s algorithm is currently entering the patent process.
This trading algorithm has been under development for
years and needs to be protected.

The cryptocurrency market is the perfect place for the use of
this type of trading algorithm. With the many different
exchanges, ...

Have you ever looked at two different exchanges
simultaneously and noticed the trading price of
bitcoin was totally different?
“R-Bit is the solution. Not only can they fill the
gap with Bitcoin but they do it with any and
every coin they see potential in.”
-Bitcoin Weekly
Team Background
R-Bit has over 20 team members that are highly skilled in their areas of
expertise. With over 400 years of combined experience, the team has
put their knowledge together to create the R-Bit trading algorithm and
platform. The R-Bit team can be reached via Discord, Telegram and
Twitter if you would like to get to know them and find out more
information about the platform. The three founders of R-Bit are listed
below and can also be reached through R-Bit’s social media platforms
throughout the token sale.
Page | 3
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Anders Olsen
Anders is R-Bit’s lead developer, not only being one of the developers of the
Algorithm but also building the R-Bit platform from the ground up. Anders grew
up near Oslo, Norway and was born into a family of farmers. His father influenced
him to get comfortable using computers as he felt using technology would soon
be the only viable source of income for many people. Anders is now a software
engineer that puts most of his time into writing code for small business owners in
his hometown.
Page | 4
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Kenneth Albrecht
Ken is one of R-Bit’s Founders and is one of the developers of the Algorithm that
R-Bit’s Platform is dependent on. Ken grew up in Stockholm, Sweden and went to
Lund University where he studied Applied Mathematics and Software
Engineering. Today Ken has a position at a Wall Street Trading house and used his
knowledge and Wall Street experience to develop the R-Bit Arbitrage Algorithm.
Luca Fischer
Luca, or Luke as we call him is another one of R-Bit’s Founders. Luke implemented
the idea of creating an algorithm that could bridge exchanges in 2016 when the
Founders first began discussing the idea of developing this platform. When token
sales became more popular Luke decided to change the platform to make it what
it is today. Luke is from New York, New York and attended MIT where he studied
Software Engineering.
What is Arbitrage?
A token/coin is considered fungible if it can be bought/sold on one
market or exchange, and then sold/bought on another market o...

be sold on Coinbase, with the net result being zero BTC (100 bought
and 100 sold), the token/coin is fungible.
There are many fungible tokens, with the most popular being
tokens/coins listed on multiple exchanges. Most physical assets are
considered fungible because you can buy or sell them at various places.
You can buy gold or silver at one dealer, and sell it to another dealer.
To illustrate how this works in practice let’s imagine that someone
wants to buy a large amount of Bitcoin. As a result, BTC are purchased
on Bittrex for $10,000 each, but once someone buys a large amount of
BTC, the price will increase. Thus there are only a limited amount of
BTC is available for $10,000. Once the purchase has been made the
price of BTC increases to $10,300 on Bittrex. On Coinbase, BTC is still
trading at $10,000 because the price has not been updated yet. Next,
our algorithm will notice that someone has purchased a large amount
of BTC on Bittrex and therefore our algorithm initiates a BT...

simultaneously on different exchanges. R-Bit’s team has worked on
finalizing an algorithm for two years and was able to complete it in
November of 2017.
The idea behind R-Bit is to allow anyone interested in arbitrage the
opportunity to use it to their full advantage but the R-Bit team had one
problem, and that was that R-Bit could not give away the algorithm
they created. In December of 2017, the crypto market was taking off
and that’s when our team decided to create the RBIT Token.
The RBIT Token is a perfect way for anyone interested in arbitrage to
get all of the advantages without having direct access to the algorithm.
The algorithm will create profits that will be shared amongst token
holders.
“I’ve never seen anything like it. It’s impressive to say the
least”
- The Crypto Analyst
R-Bit’s Objective
R-Bit’s objective is to make consistent low risk profits for token holders
through arbitrage. The R-Bit service is here to bring power back to th...

major exchanges. This further reduces fees that eat into arbitrage
profits.
R-Bit’s place in the crypto ecosystem is to give power back to the small
traders as the industry continues to grow. R-Bit was founded on equal
opportunity and will continue to improve the service and bring power
to the small token holders as it grows. R-Bit will level the arbitrage
playing field in the crypto market.
The Role of R-Bit’s Token
The RBIT Token is a utility token and is needed to use R-Bit’s services.
The amount of tokens an RBIT Token holder possesses represents the
percentage of the profits they are entitled to. The 200 million RBIT
Tokens have been pre mined. This lets R-Bit begin the arbitrage service
immediately after the sale ends. The limited supply of RBIT will create
increasing demand for the token. This will allow R-Bit to use the
algorithm to create gains while the RBIT Token is being added to
exchanges for public trading. Once the RBIT Token sale has ended, if
any t...

R-Bit Roadmap

1
Q4 2016
Team Formation/ Idea Formation
2
2017
Algorithm Development
Algorithm Testing
3
January 2018
Algorithm in final testing stages
4
March 2018
Token Announcement
Whitelist/ Pre-Sale
5
April 2018
Token Sale (4 Rounds)
6
July 2018
Listing on Exchanges
Continued Refinement of Algorithm
Kenneth Albrecht
Kenneth Albrecht Algorithm Developer

Andres Olsen
Andres Olsen Lead Developer

Luca Fischer
Luca Fischer Software Engineer