Vilnius, Lithuania – May 10, 2022 – RoRa Corporation, a group of technology-forward financial innovators with over 100 years of combined experience, is reimagining the role of proven asset classes through the lens of digitization and tokenization. By combining assets like gold, oil, precious stones, and real estate with technological breakthroughs and advanced financial strategies, RoRa is delivering the world’s first truly stable coins with the potential to mitigate a variety of risk factors, including but not limited to volatility and inflation,
With some of the most esteemed organizations and even nations diving into the world of digital currencies, there is no doubt that these digitized stores of value are the next big leap in financial and economical progress. A multitude of stablecoins has already established a massive market capitalization, with Tether (USDT) and USD Coin (USDC) leading the pack with capitalizations running in the tens of billions of USD.
Most stablecoins today rely on one of two formulas. They are either pegged to a fiat currency such as the US dollar, of which Tether and USD Coin are both perfect examples, or they rely on a combination of algorithmic mechanisms in combination with reserves made up of other cryptocurrency tokens.
Unfortunately, as recent market dynamics have shown, both of those approaches fail to account for broader risk factors like inflation and the drop in purchasing power that results from it.
RoRa Corporation is taking a revolutionary, multi-faceted approach by combining proven assets with technological advancements. At its core, each coin has the backing of a vast reserve of proven assets like gold, the value of which is strategically set equal to the total coins in circulation, if not more. As gold is considered one of the greatest hedges against inflation, each coin representing the gold reserve will match the most up-to-date price of gold. The same holds true for other proprietary coins RoRa that represent the value of different assets.
However, what truly sets RoRa’s proprietary coins apart from their legacy counterparts is the layer of technology and financial strategy that’s baked into the tokenization process. This is reflected in what the team is hailing as its three pillars of stabilization.
To start, RoRa Coins will leverage a global network of country-specific indicators that runs in the tens of thousands. These data points will be fed into a proprietary algorithm to establish a value that’s representative of the latest global economic growth, thus ensuring that each coin will derive value based on factors that truly represent real-world dynamics. The investment index for this calculation is called the Monetary Measurement Unit (MMU).
The other major component of RoRa’s tokenization strategy is a Two-Token Model that allows RoRa’s systems to automatically release fresh supplies of coins in proportion to the underlying asset base that RoRa coins will derive value from. The insights from the MMU will play a key role in the execution of these Expansion and Contraction Phases.
On top of the MMU and the Two-Token Model, RoRa will also maintain a decentralized governing body of validators. In practical terms, this means that a diverse group of established institutions, entrants, and organizations from across a wide array of industries and geographies will collectively serve as the governance body behind these systems. Not only will this immediately minimize crisis risk, but it will also establish a revolutionary governance model that benefits from the best of both centralization and decentralization.
By combining these three pillars of stabilization, RoRa will deliver a suite of stablecoins that are resistant to market volatility, inflation, and any other drops in purchasing power that are normally associated with all other assets and currencies.
While each of these coins leverages the revolutionary approach and advanced strategies outlined so far, what sets them apart is the underlying asset. For instance, RoRa Prime is a digital representation of a variety of real assets, whereas RoRa Gold represents one oz of gold per coin in a dedicated bank account as approved and verified by The London Association of the Precious Metals Market. Similarly, RoRa Oil is the world’s first regulatory-compliant digital currency with 25 billion in verified oil reserves in the United States.
Based on the current lineup, it’s evident that RoRa is aiming to capture the value of asset classes that have stood up against the woes of inflation and purchasing-power depreciation over time.
RoRa Corp is a collection of disruptors who have embraced blockchain technology in order to identify and eliminate the existing inefficiencies and outdated processes that have plagued previous models. The firm was founded by bankers, cryptocurrency specialists, Fintech consultants, and other alternative investment experts. RoRa Corp is paving the way for digital monetization, allowing asset holders and financial institutions to buy and profit from stable coins and gold coins for their assets. Their objective is to provide 1 million investors and high-quality asset holders the opportunity to benefit from the economic prosperity that a blockchain future promises.