A ringbit is a Unit that is equivalent to ringID Digital Share Value.
Every New User joining the ringID Network generates ringbit. A Portion of generated ringbit is distributed among its user as a REWARD.
The value of Each Unit of ringbit will grow as the Network Grow!
Base Value 1 – 100M 1 RB = 1 USD
Base Value 100M – 200M 1 RB = 5 USD
Mechanism of ringbit Generation
The generation of ringbits in the ecosystem will happen in five phases. The phases will be determined by the number of users in the network
ringbit Total Supply & Network Growth
The following charts show the growth of the network & supply of ringbits by block and the total ringbits in circulation at the end of each block