someone create this.
ICO coin. Peg it to $1
I'm surprised no one has done it (or may be they have?). Biggest issue with crowdfunding campaign is they take your BTC and hold it for whole month. As we all know BTC price isn't stable, you spend 1 BTC in crowdfunding, if BTC price goes down $50 in a month, you've already lost $50 even if price is same after campaign is over. If price goes down after campaign (that's usual business), now you've lost more money than you would've if you were using a coin that was pegged to straight up fiat.
Topic: Idea for new coin (Read 283 times)
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