Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟
There's one crucial error that I found in this analysis (so far)
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The token will be called NVOT (NVO Token) and will apparently have a fixed price. This doesnt, of course, make it untradeable via other exchanges, which could give it varying prices and some volatility regardless of any efforts.
NVOT will trade at whatever the market decides, NVOS will be stable at $0.99. Unless I just really didn't grasp the concept properly.
Who is going to guarantee that NVOS will be stable at $0.99?
Do you think that NVO owners/developers would start bying NVOS when the price goes under 0.99 USD?
I`m still confused about a lot of things regarding this project and most of the posts here sound like japanese to me.
i have read bitcointalk and safemaid forum, seems nvos will be rebought @ $0.99 when exchange lauch.
from my understanding is feasible because: ----) exchange fees /2
so if nvos value is fixed @ $0.99
let's assume $10.000 in fees today ----) $ 5.000 to the system -----) $5.000 in NVOS for NVOT holders (5.050 NVOS @ $0,99)
basically they convert the fees dollars and create NVOS, the $5000 FIAT value from the conversion is stored!!
Is obvious $5000 ---) 5.050 NVOS ----) $5000
Instead NVOT will be on exchanges and price will fluctuate
i think:
NVOS -----) NVO Stake
NVOT -----) NVO Token
But the real question... what NVO Stand for?