Thread link: https://bitcointalksearch.org/topic/ann-hertz-the-first-deflationary-stablecoin-early-announcement-5194544
Thread creator: Hertz_Token
Archives:
Thread archives: https://web.archive.org/web/20191021011726/https://bitcointalksearch.org/topic/ann-hertz-the-first-deflationary-stablecoin-early-announcement-5194544
Github archives: https://web.archive.org/web/20191021011852/https://github.com/olejardamir/Hertz/blob/master/readme.md
What happened
1. Asking member to send ETH to get token airdrop
~~ Airdrops: You can self-drop with any amount of ETH by using the contract. ~~
2. Guaranteed something impossible in a crypto market
We all know if no one can guarantee about token price, even stable coin/token still can up and down. But if you read on his Github and ANN Thread
- Starting price: 1 Ethereum = 1 Hertz. From that point, Hertz price is always increasing. (ANN THREAD)
- I have decided to make this a solo-project, unrelated to any past projects I was working on, and create a coin that will never have the falling prices (mentioned in Github pages)
- It is not possible to miss-out on this token’s increasing price since the price is always increasing. Furthermore, since everyone profits together from the burning, there is no ponzi-scheme. (mentioned in Github pages)
- Since token price will always increase, zeros will become very important. (mentioned in Github pages)
Website: Still no website, he says under development
Edit: for word (drop and down to up and down)