Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CrowdSale Live] NVO Decentralized Exchange | Multi Wallet 🌟 Escrows 🌟
by
nemgun
on 29/05/2017, 13:12:21 UTC
Hello Tonbi,

I'm sorry but I feel my questions were not answered, I'll try to be more clear with less questions:

1. How many NVOS will be generated? Is it a fixed number per NVOT? If not, on what their number depends?
2. What does it mean to say that NVOS=0.99USD? Where and how will NVOS be converted to dollars?

thx


Hello, and thank you for your interest :

1- The amount of NVOS will be proportional to the amount of fees collected by the Validator.
2- It won't be converted to dollars, NVOS will be exchangeable for Bitcoins, the 0.99$ will be the equivalent value of NVOS in usd.

The NVOS supply will be managed in order to stabilize the price. The buyer will be the NVO Team (in early stages), later it will be automated, it would be possible to use a smart contract in this case as counterparty is working on that.