The Ruby Play Network (RPN or Network) is a blockchain-powered platform that provides real world value to customers through decentralized rewards. Our platform will create the next generation of loyalty and retention for consumers.
The Ruby Play Network platform helps solve the persistent problem businesses have of attracting new customers, properly engaging them, and ultimately retaining them.
Launched in 2019, the Ruby Play Network is built on the Binance smart chain architecture. It provides our developers with a fast and secure, decentralized, loyalty platform. The Ruby Play Network platform allows our partners to reward, engage and retain their customers with RUBY Tokens. Customers hold these RUBYs in their own secure wallet and will have many opportunities to use their rewards, on our Ruby Play Network platform or with our partners.
We are the first New Zealand company to have received investment from the Binance Smart Chain Accelerator Fund 1. Our solution delivers a reward that has new value dimensions. It has no expiration, grows in its impact to players as our network grows, encourages participation in how our network evolves and is owned and controlled by the customer.
$4.8m played every month
The Ruby Play Network will continue to add partners to the platform that are looking for new and innovative ways to retain their customers with blockchain-based rewards. We will also work to bring in new customers to the platform that are excited about new opportunities in gaming and decentralized finance.
Our gaming business sees more than $4.8 million played every month and is growing 33% month on month. We are looking to raise up to $3,430,500 of investment with maximum total equity of 7.55%. This capital will be used to aggressively grow revenues and token circulation.
We are very excited to bring this unique investment opportunity to market. We are among the first New Zealand based business to offer both an equity position and a token right to our fellow kiwis. Both our gaming business and our blockchain businesses are projected to grow and we invite the New Zealand public to join us on our journey.
Gaming Rewards Group Limited (Gaming Rewards Group) was founded in 2019 as a holding company that could leverage a decade's worth of the founders' experience in gaming, online social casinos and bingo.
Historically, the teams’ games such as Bingo Lounge and Match & Money were extremely successful and earned millions of dollars in a highly competitive gaming market. Although these games have now sunset, we continued to grow and launch more successful online games, building a loyal following.
In 2018 we launched Wild Ruby Casino and through the interaction with our players, we gained experience in what it takes to create loyal and committed fans.
In 2018 we also began our first foray into developing Blockchain technologies. We became heavily involved with the NEM Foundation, going so far as to host a world NEM conference at our EPIC Westport offices.
In mid-2020, while the world retreated indoors to protect themselves and those they love, we started work on our new flagship products, the Charchingo gaming site, and the Ruby Play Network. These complimentary products have brought together the breadth of our extensive online gaming experience and blockchain development knowledge to build a product that both our partners and customers will love.
The Gaming Rewards Group is looking to raise up to a maximum of $3,430,500 of investment capital through its fundraising campaign. Investment shall be into Gaming Rewards Group Limited the parent company of The Ruby Play Network.
Our goal for this campaign is to provide more resources for us to increase our speed to scale. We plan to expand our gaming portfolio and the number of players in our network. We will also grow our development teams in both the Christchurch and Westport offices, continuing our commitment to expanding innovation across New Zealand.
Binance is the largest token exchange by volume in the world and we are pleased to announce that they have invested in the Ruby Play Network through their ‘Binance Smart Chain Accelerator’ fund. Projects like ours receive extensive support and advice from the team at Binance. In addition to the technical support, their backing also provides us access to other areas of the Binance ecosystem.
All investors in our campaign will gain equity in Gaming Rewards Group as ordinary shares via our elected nominee company, Snowball Nominees Limited. In addition, investors will also receive RUBYs. The number of RUBYs each investor receives is based on the amount invested.
The distribution of all investor Tokens shall be 50% before listing, and 50% twelve months later. The two distributions ensure that tokens will not be released in a way that will flood the token economy.
The core team at Gaming Rewards Group has been working together since 2013.
We have successfully brought many a games and complicated technology projects to market through a number of related companies. We are excited about the opportunity for the Ruby Play Network and what it could mean for us and the New Zealand Blockchain community.
1. Binance Smart Chain Accelerator Fund - https://binancex.dev/ & https://www.binance.com
It's crucial for you to understand the characteristics and risks of this investment opportunity. New Zealand law normally requires people who offer financial products to provide in-depth information to investors before they invest. The usual rules do not apply to offers by companies through Snowball Effect. As a result, you may not be given all the information you need to make an informed decision. Investing is risky. Some of the key risks include loss of capital, illiquidity, lack of returns, dilution, loss of key people and customers, and lack of control. You should only invest money that you can afford to lose.