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Topic: XOV: creating a central bank for cryptocurrency markets - page 53. (Read 68743 times)

newbie
Activity: 31
Merit: 0
banking for crypto.. 'tool box' what does it gonna do ...waiting for more from you...
newbie
Activity: 10
Merit: 0
A "central bank" for decentralized crypocurrency? This makes the joke of the day.  Grin

I thought I was the only one it sounded awkward to. Cryptocurrency can never be decentralized.
newbie
Activity: 41
Merit: 0
This looks like a really nice project with good prospects.
newbie
Activity: 44
Merit: 0
Not worthy to support this project IMO,cryptocurrencies doesnt need any banking structure because these currencies are created to remove or eliminate centralization of these banks? why would our community support this project with the banking structuture? doesnt make sense at all because we are all here for the decentralization and anonimity of our transactions.
You are right. Cryptocurrency only struggling with banks.
Using cryptocurrency we do not pay commission to banks.
It will not give us anything positive.
All transfers are done anonymously.
So I do not see the need for a crypt-dollar bank.

Perhaps this project will succeed, but I just expressed my opinion.

Thanks for the comments and points of interest. XOV will only be acting as a bank as a place to store your own digital currency with fixed interest. I like to think of is a CD. The coins are still decentralized and will remain yours always. The stable priced combined with fixed interest would be a huge benefit in bear markets or for merchants wanting a stable currency to receive for goods/services. A hamburger today should be the same price tomorrow....not more expensive/cheaper based on the market. 
newbie
Activity: 44
Merit: 0
The project is very interesting and deserves attention. He has nothing to do with centralized coins. I just did not understand what is the benefit of this bank, if the owner of the digital coin will transfer his coins to the deposit, but in fact they will not be transferred to the bank for profitable use by the bank itself, but only be blocked in the purse of its holder?

  I tried to find additional information about this project, looked his team - mostly specialists from England and the United States. However, I did not find any information about the ICO. There is no ICO project from the XOV campaign at this project forum. Therefore, I have a question: will the ICO be conducted and, if so, at this forum or elsewhere. Where can I join this ICO as a signatory campaign participant?

The aim is to have a place for you to store your coins with an agreement that would earn you fixed interest on your deposits. I like to think of it more as a COD than anything at this point. The stabilization will come from a combination economic models....not fiat backed like USDT. They will be acting as a central bank only in that it can control the supply of coins, but will never own your coins after deposit.

Lite Paper - https://indd.adobe.com/view/038be42d-bda0-484d-ad91-395a06fa8795
Seed Funding Round (Pre-ICO) Sale - https://www.xovercoin.com/buy.html
member
Activity: 301
Merit: 11
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
The project is very interesting and deserves attention. He has nothing to do with centralized coins. I just did not understand what is the benefit of this bank, if the owner of the digital coin will transfer his coins to the deposit, but in fact they will not be transferred to the bank for profitable use by the bank itself, but only be blocked in the purse of its holder?

  I tried to find additional information about this project, looked his team - mostly specialists from England and the United States. However, I did not find any information about the ICO. There is no ICO project from the XOV campaign at this project forum. Therefore, I have a question: will the ICO be conducted and, if so, at this forum or elsewhere. Where can I join this ICO as a signatory campaign participant?
As he said it will have the banking structure,so it means it will be much morelikely the traditional banks like what we are avoiding to have here,because centralization doesnt have any place in cryptocurrencies,there are few ICOs that has his idea so theres nothing new about this but the thing is we are avoiding to have centralized shits in our community so i can say it wont achieve any success.
member
Activity: 103
Merit: 10
The draw looks enticing, I have supported the project, goodluck
newbie
Activity: 25
Merit: 0
Oone my own part to support the project and hope I win the draw
full member
Activity: 1316
Merit: 108
The project is very interesting and deserves attention. He has nothing to do with centralized coins. I just did not understand what is the benefit of this bank, if the owner of the digital coin will transfer his coins to the deposit, but in fact they will not be transferred to the bank for profitable use by the bank itself, but only be blocked in the purse of its holder?

  I tried to find additional information about this project, looked his team - mostly specialists from England and the United States. However, I did not find any information about the ICO. There is no ICO project from the XOV campaign at this project forum. Therefore, I have a question: will the ICO be conducted and, if so, at this forum or elsewhere. Where can I join this ICO as a signatory campaign participant?
newbie
Activity: 29
Merit: 0
Really interesting project
newbie
Activity: 58
Merit: 0
really exciting
member
Activity: 66
Merit: 10
Lovely project hope more is coming
member
Activity: 168
Merit: 12
Aint going to succeed for sure,people hates banking sytem as the XRP has it and why would people support this project as it is morelikely another XRP thing ? banking structure? blockchain doesnt need the blockchain structure or the banking system to do the job! decentralization why most of the people are here,not another shit centralized coin.
newbie
Activity: 98
Merit: 0
stable crypto
member
Activity: 182
Merit: 11
Bullshit,this is thread bumping and this thread shouldnt be allowed here? project which has central banking structure is a big joke and sounds like another centralized shitcoin like XRP or ripple,im sure only noobs will support this coin as they arent familiat with the XRP's structure.Stay away from this coin because it could be another big scam project,centralization has no space from cryptocurrency community.
newbie
Activity: 8
Merit: 0
I support this project all the way. 100%
newbie
Activity: 5
Merit: 0
Was a bit skeptical at first, but this project seems to interest me.
member
Activity: 106
Merit: 10
we have to motivate the communities to join this great project. It is truly excellent project
newbie
Activity: 32
Merit: 0
wow, good news .. I hope this will be true for us who are working on Bitcoin will not have a hard time withdrawing money.
full member
Activity: 392
Merit: 100
Not worthy to support this project IMO,cryptocurrencies doesnt need any banking structure because these currencies are created to remove or eliminate centralization of these banks? why would our community support this project with the banking structuture? doesnt make sense at all because we are all here for the decentralization and anonimity of our transactions.
You are right. Cryptocurrency only struggling with banks.
Using cryptocurrency we do not pay commission to banks.
It will not give us anything positive.
All transfers are done anonymously.
So I do not see the need for a crypt-dollar bank.

Perhaps this project will succeed, but I just expressed my opinion.
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