Topic: [ANN] RAX Token (Read 316 times)

For more discussions, please check:

https://bitcointalksearch.org/topic/ann-rar-tokens-self-regulated-and-mathematically-interlocked-tokens-2917280

BitLoader, that's correct redirect. RAX token is a member of RAR tokens family (www.rartokens.com).

Papers:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3156742
https://independent.academia.edu/rartokens

Site cannaot acces redirect to other URL.

Sentenzo, undecided yet on bounty campaign

there is only dev at the moment because it is a mathematical theory approach to make a crypto stable using RAR Tokens (such as limiting the scenario for spike, 'pump and dump' or alike).  It may move to further teams as time  progress.

btw, there is no ICO.

thats exactly what I was thinking. There are other tokens out there that are much more transparent. I will save my ETH for another...

whether it signifies the project is good. I have not had time to read the white paper. this is interesting, but how to get it. waiting for the progress of this project

There is no team listed on your website, will you please provide team members, advisors etc, ideally with their linked in pages so that I can take a look?

I read the white paper. It is felt that the developers clearly understand what they want to achieve and how to do it. There is understanding about the maximum capitalization and other points.

tokens are  erc20 standard and run on ethereum blockchain. code can be viewed on etherscan

Sounds like a good project.

Is it open source or is it a centralized dev team? Are you planning on switching permanently to a decentralized development?

Please reads the manifesto on the website https://rartokens.com/ to fully understand the concept of the three coin systems

or read here the link of the papers :
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3156742
https://independent.academia.edu/rartokens

No ICO and with max total supply only at 23,600,000

Are you going to hardcap the total coin supply?

There is a bounty campaing?

What are RAR Tokens?

RAX, AVY, RAZ Tokens
RAR Tokens are a family of three token systems - RAX, AVY and RAZ tokens. These tokens are unique innovation and can be described as individually independent but mathematically intertwined to each other to create a stable platform for business and commerce to strive. Each token is equally valuable and has a vital role to play in order to achieve stability and predictability for its value and its price. With three token systems, it provides a support mechanism for sound value balance and helps to minimize value volatility deterioration.

Realization
RAX, AVY, and RAZ tokens are the full implementation based on 'RAR tokens theory of stability for crypto-currency' with a goal to achieve price stability through constant feedback.

Ethereum Blockchain
RAX, AVY, and RAZ tokens are ERC20 standard tokens that run on Ethereum ecosystem that harness the power and the global capability of the blockchain.


Why Three Tokens?

For Stability
Group of tokens that naturally support each other to preserve its stability in term of its value and its worth. These tokens retain their own individual uniqueness, yet there are interconnected working for each other.

For Predictability
It helps to self-determine the ideal value of a given token providing the reference from the other tokens, and aids to detect if a certain token behavior is outside the tolerable limit of acceptance from the other tokens.

For Practicality
Without stability, it would be just a speculative instrument and will not be suitable for general use. Practicality comes only if the public is confident enough to rely on that it is a stable store of value.


Tell me more
Fibonacci is known for discovering the natural law of increments of numbers, which appears everywhere in nature. The total supply for RAX, AVY, and RAZ tokens are based on Fibonacci retracement values of 23.6, 38.2 and 61.8 respectively. These values are widely known in the financial world as support and resistance levels.

The proportional ratio between any two RAR tokens is the fundamental guidance to calculate its equivalent intrinsic value, thus, resulting in equal market capitalization for all RAR tokens. See white paper manifesto for details.


Proped Future Development
- Token swapping within RAR tokens between a sender and the contract owner without the need for an exchange

- Token swapping within RAR tokens between a sender and a third party without the need for an exchange

- Adoption of an existing coin or token to RAR tokens family that will abide to the principle of 'RAR tokens theory of stability for crypto-currency' and guidelines by RAR tokens family.