The price of $1 per COR is interesting! But will this price be sustained? For a few days?
The automated price stabilization methods guarantee a long term sustanability. It is working without outside intervention.
How does that work without major financial backing? Paycoin had offered something similar and we all know how that ended.
Please wait for the Whitepaper with detailed explanation. The short answer is, there are monetary methods to keep a currency price at a certain level. We implemented this methods (and much more) into a collection of smartcontracts and we are ready to show a viable solution to invite mainstream users to the Crypto World.