The Robonomics token is trading for $95,000 each on Uniswap
Both tokens of the distributed ledger technology (DLT)-powered robotics and Internet-of-Things (IoT) project Robonomics have been among those to surge alongside Polkadot, with the price of its utility token XRT increasing 10 times earlier this month. However, Robonomics’ “lifetime subscription token,” Robonomics Web Services (RWS), has also posted massive gains — becoming the first crypto token to trade for more than $100,000 when it tagged $116,000 in recent weeks.
The RWS token comprises a “subscription model experiment” for the Robonomics network, with RWS guaranteeing lifetime transactional throughput to the holder. Robonomics describes the token as a “pioneers’ special offer,” noting that future token models will offer “other types of RWS tokens with monthly and other types of limitations.”
