RoboFi uses the blockchain system for creating a favorable marketplace for the DAO crypto bots. The platform aims at an agreement between the users and bot makers in an environment that fosters financial development and advancement. The service concentrates on providing a platform that bot creators can use to raise funds by selling their bots and for users who need the bots, it provides reliable security and performance. SnapBots Limited is the company behind the development of the ecosystem. It is based in the British Virgin Islands. There is no office address or phone number provided for contact.
As per the vendor, the platform provides bots staking, a marketplace for bots, governance of bots, and initial Bot offering which ensure mutual benefits with the help of the DAO principal. The main features that this crypto service focuses on are listed below:
- A marketplace where both creators and users meet is created by the service.
- The proprietary token is necessary for using the various services of the platform.
- With the Treasury tool, users can use their cryptos and get their copies in tokens
- By using the Liquidity Pool users can stake and earn VICS
- Creators can use the Bot store for listing their products and buy the DAO bots
- An exchange for users to sell or buy tokens of the bots is present
- By using the Earn feature, users can deposit and receive interest on their crypto assets
The Lending feature offers membership in the community even when you do not have the required assets
Based on the company info, bot creators gain by earning funds or capital via the IBO (Initial Bot offering). The company acts as a transparent intermediary facilitating an opportunity for creators and users to profit.
The idea behind RoboFi
The main goal of the company is to exploit the blockchain system and DAO principle for forming a safe and reliable financial environment. As per the company info, it is developing a powerful Defi service that connects users and bot creators. It aims at providing them earning potential while giving them a secure space for their interaction. The company aims at extending its services to Forex and equities besides crypto.
Experienced players in the financial market make up the team at Snap Bots. The members include Dr. Le Minh Sang Tran, the Director, Merry Silvana, the Head of Bots Management, Donna Lee, Head of Marketing, Levon Aleksandr, Head of Trading Research, and Dr. Ting Shang Ping, Advisor. The company provides info on the expertise and experience of the members.
Safety of RoboFi and the network
The vendor mentions safeguarding user privacy and data while using the services offered here. But there are no details on the specific security measures the company uses.
The VICS Token of the company is a default token that all bots accept. It can be used to purchase governance shares of the bots. They also serve as stake tools with which you can receive income. Other advantages include the purchase of trading signals and bots, participating in IBO, and many more. A total of 600,0000,000 tokens are present of which 46% are for the community, 27% for Private token sales, 20% owned by the company, and 7% by its partners.
We found 3 reviews for this company on the Trustpilot site with a rating of 4/5. As per the feedback, the company is transparent and secure. The users commend the efficient operations and management of the crypto portfolio by the company.
Is RoboFi a legit investment service?
After evaluating the features, functionality, and other aspects of this service we have found there are some pros and cons associated with the system. We have listed them in the table below.
Our VerdictOur Verdict
- A DeFi project offering unique features
- Users can benefit from the liquidity mining and staking features
- Security measures used are not divulged
- Lack of transparency regarding usage, transaction, and other charges