$RLBZ History

$RLBZ: evolving with purpose, delivering value to those who hold.

The History of $RLBZ

The story of $RLBZ begins with its original purpose: to serve as the in-game currency for the RugDollz World game. Initially, $RLBZ was designed to power gameplay mechanics, rewards, and interactions within the game ecosystem. However, as development progressed, it became clear that using $RLBZ in this way carried significant security risks and would limit the ability to launch the game on major platforms such as Steam, Google Play Store, and Apple App Store.

Faced with these challenges, the team made a strategic pivot. Rather than restricting $RLBZ to in-game mechanics, we transformed it into a revenue-sharing token for our community. This allowed us to reward holders directly while maintaining flexibility for future projects.

To implement this, we created a staking platform where holders of RugDollz OG and 3D NFTs could stake their assets and accumulate $RLBZ. Revenue generated by RugLabz projects was used to buy back $RLBZ from the market and add it to the staking pool. Holders could then claim these additional tokens as rewards. The results were impressive: from a 1 trillion token supply, over 255 billion $RLBZ were redistributed to our NFT holders, creating a meaningful return for the community.

Six months ago, due to market volatility and a desire to simplify the process, we closed the staking platform. In its place, we introduced a token-level trade tax mechanism. Every trade of $RLBZ now redistributes 2% of the transaction to all holders, meaning the larger the holding, the bigger the share. An additional 3% tax is allocated back to the project, funding growth, development, and strategy initiatives.

This pivot marked the birth of the $RLBZ Strategy, a streamlined, sustainable approach to reward holders, grow the ecosystem, and ensure the token has real utility beyond speculative trading. Today, $RLBZ is not just a token; it is a cornerstone of RugLabz’s community-focused economy.