Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Unum - A new cryptocurrency worth $1
by
ytrezq
on 27/11/2017, 23:46:35 UTC
I feed a stream of crypto prices onto the Ethereum block chain. Anytime you exchange crypto for Unum, it looks up the USD equivalent and issues the corresponding # of Unum.


Thank you, so 1 Unum is created for each $ bought. How do you handle destruction of assets ? I mean when capitalization in your token shrinks ?

Also, how are you tracking the exchange rate in a decentralized way ?