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 understand the way you view this because in an open market there is no way price can be fixed without intervention of the external party which in this case is the developers. My concern to this is that will there be a particular exchange where this will be done and aside that how long will the support will be for the token in case market forces are swinging in both ways?