Review on ROOBEE by Inioluwa Okedeji

Name: ROOBEE
Item: ROOBEE
Rating: 4

March 25, 2021

ROOBEE: A Cryptocurrency Project With The Aim Of Building Profitable Investments Through The Wide Array Of Investment Products It Offers.

My first take on this project was not all too pleasing when I heard that there are KYC requirements to sign up on the platform because personally, I find KYC procedures a stressful one although the verification processes differs for all platforms, so some might not be as strenuous and time consuming as others.
I visited the Roobee platform to know more about the services it provides and it's place in the cryptospace and I have to say that the interface was simple, well arranged and attractive so I was further motivated and interested to peruse the platform.
I discovered that one of the aim of Roobee as a cryptocurrency project is to help build investment portfolios using cryptocurrencies, ETFs, Pre-IPOs and other events and aspect in the cryptospace.
Roobee also features a wide array of investment products and one interesting part to this is that one can invest with as low as $10, which I find very helpful and considerate to people with low capital who wants to engage in the Roobee investment products.
The payment system on the Roobee platform is very easy and simple. For anyone interested in any of the investment products and willing to participate, there's the means of payments through debit/credit cards using fiat currencies and also through cryptocurrencies like BTC, ETH and USDT.
In my search on the platform, I found out that the Roobee project has its own native token which is the ROOBEE token. The ROOBEE token is meant to act as a fuel to the Roobee ecosystem and help in interacting easily with the platform. The ROOBEE token helps in participating in priority allocations, masternodes/staking/farming, it also gives the holders the advantages of reduced fees and the opportunities of getting Non-Fungible Tokens (NFTs).
The Roobee project has partnerships with some popular cryptocurrency projects such as Chainlink, Trustwallet, Changelly, BitGo and others. These partnerships have helped improve the Roobee ecosystem and are still helping in further improving it.
Finally, my take on the Roobee project is that I see it has one project that will change the way investments are made in general. 
﻿

Updated 3 years ago

Rating has not been changed

It's been more than a year since my last review on the ROOBEE Exchange, and lots of changes, developments and updates has taken place within that time, each in line with building profitable investments through multiple investment options and products, which has seen ROOBEE grown from just an Exchange into a developing vibrant Ecosystem.
 Therefore, it is necessary I give an updated review on this platform, one that'll cover the updates and developments that has taken place from then till now, which will further showcase the value of this platform to the public.
﻿


It is a commonly known fact that a platform's interface is one of the features essential to boosting user interaction and increasing the usage of any given platform. A platform's interface must be simple, attractive and very easy to use, complex interface makes it difficult for users to navigate a platform. Well, I'm pleased to mention that the interface of the ROOBEE platform meets all these requirements and much more than can be revealed in this review.
﻿


Every developments, updates, partnerships and integrations since my last review have been tailored to steering the ROOBEE platform closer to accomplishing its primary aim of building and providing profitable investments services.
﻿


The security of the platform has not been neglected all through the development process.  In order to make sure users assets are safe and secure as much as possible, a 2FA [Two factor authentication] security method, has been introduced, one that ensures that each users accounts are doubly secured. The platform also has an inbuilt wallet, where users can store their digital assets. 
﻿


I mentioned earlier that the ROOBEE platform has developed into an ecosystem, due to this development, several other sub-platforms have been  developed, with the most significant of them being ROOBEE Finance. 
ROOBEE Finance is the aspect of the ROOBEE platform focused mainly on DeFi [Decentralized Finance].
 It features all the properties of a DeFi platform, such as Farming, Staking, and much more.
﻿

﻿
﻿
ROOBEE Finance is also supported on the following networks, BSC, Ethereum, Arbitrum, Avalanche, Polygon and the recently launched Optimism network, a proof that the project is multi-chain compatible. Its multi-chain compatibility has made bridging possible within all the above networks supported on the platform.
There have also been countless integrations and partnerships of
which I can only mention a few;
The most recent of them being the integration of ROOBEE Finance with ONTO Wallet. ONTO Wallet is a multi-chain crypto wallet that not only keeps your assets safe, but also functions as a portal to the world of Web3. This integration makes the ROOBEE platform accessible from the Onto wallet.


There's also a recent partnership with BitKeep, a decentralized multi-chain crypto wallet designed to give users absolute control and responsibility over safety their assets. BitKeep is prominent in the Crypto space because it has millions of users,  as well as partnerships with top networks and chains, so a partnership with such a top project is a proof that ROOBEE is going all out to ensure the realization of its aims and goals, and that users and the community get to experience the very best of products and services from them.
﻿


I also won't fail to make mention a significant part of the platform, the ROOBEE DAO. DAO [Decentralized Autonomous Organization], is an evolution of decentralization, and one that has been fully adopted by the ROOBEE project, hence leading to the creation of ROOBEE DAO, a segment of ROOBEE Finance that in charge of decentralized voting and staking all essential to keep the platform running and functioning effectively as it draws closer to accomplishing it's goal. 
Staking the bROOBEE token gives users the opportunity to participate in decisive voting process about the future of the project and also earn a 6% APR in the process.
﻿


﻿
﻿
There have also been other integrations with prominent DEXs [Decentralized Exchanges] and Wallets, a development that now allows users access the platform and its services from the DApps of supported wallets and decentralized exchanges. Which is a positively oriented ploy to making the ROOBEE platform accessible to everyone.
﻿


It wouldn't be possible to mention all, but one thing is certain, the ROOBEE Ecosystem has grown a lot, and it is still growing rapidly, this makes it one of the booming projects to watch out for in the years to come.
﻿
At the time of writing this review, the value of the ROOBEE token was $0.001239, a significantly low price but I'm hopeful about the future of this token, because the ROOBEE ecosystem is a strong one.
﻿
And lastly, I criticized ROOBEE platform's KYC procedures in my previous review due to the fact that I found such procedures stressful. 
Well, you might say I've seen the light, so I'll be un-criticizing that notion, due to the fact that I now recognize the security value of such a procedure, no matter how stressful it may seem, I've come to the conclusion that the safety of our assets takes top priority for any finance platform, whether centralized or decentralized.

Pros

Roobee is a decentralized cryptocurrency project that not only helps in building investment portfolios, but also ascertains profitability of investments with the array of investment products its offers.
The transparency of Roobee as a project is it's proof of ownership that's powered by blockchain technology.
Investments can be made from as low as $10
The ROOBEE token which is the native token of the Roobee ecosystem gives its hodlers advantages and opportunities to interact and also be part of the growth of the project ecosystem.
The ROOBEE token is listed on popular exchanges like Uniswap, HitBTC, BitForex and others.
The existence of Roobee Finance which is a platform where you connect your wallet and engage in farming is another interesting feature of the Roobee project.

Cons

The only issue I have with this project is the KYC verification that's compulsory before being able to sign up, because I find KYC procedures stressful and also I see it has a form of restraint.