Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟
by
migello
on 27/06/2017, 14:45:44 UTC
I like this project very much (i hope all developement will be smooth also)


One thing that i like a lot is the fixed value of $0.99 for NVOS.

Why?

just think of classical exchanges, almost all have BTC/everyothercoin, only a small part have BTC/FIAT

and obviously not "everyothercoin/FIAT", this suck because you are subject to BTC ups and downs, even

if your "everycoin"  is stable.

NVOS = a cash backed currency you can use like FIAT in every moment the market is crashing (if someone is willing to take
the risk to buy  "everycoin" in a crash offering NVOS)

But i haven't understand what Nemgun mean on safenet forum:

Q: @tonbi, @nemgun - We are told NVOS has a fixed value of $0.99 -
              If the distributable amount of NVOS is $0.05 (Five Cents) for a user holding some NVOT.
              How much NVOS is actually distributed to the NVOT holder?

A: @yippeeyo
              I like your question, this is how the NVOT price will rise, for now the price of NVOT is around 0.33-0.4$
              The NVOS will be divisible, with a fixed value of 0.99$, which means that you can 0. NVOS