Quote from: phantam on March 09, 2018, 04:51:24 PM

Quote from: hazenyc on March 09, 2018, 04:05:33 PM

Quote from: Cnote328 on March 07, 2018, 04:19:46 PM

Quote from: nxnqauff on March 07, 2018, 03:57:23 PM

Quote from: hazenyc on March 07, 2018, 02:16:39 PM

Quote from: Arvedsson on March 07, 2018, 01:08:18 PM

My only CONCERN:
I heard an interview with CEO of polyswarm, he was asked why NTC token instead of ETH? He responded, that NCT will provide more stable price. Does this mean the NTC price will be pegged? That would pretty much decrease overall ROI. Any thought on this ?

There is not a single word in the white paper about NCT being pegged to anything. I don't know the interview and the respective context, but I don't think he was referring to a price peg.

i have also not seen this interview anywhere. Do you have links to the video or article? I would like to see or read it to understand better. No CEOs will talk about the future token price as far as I have seen it. This is somewhat misunderstood I think.

A link will be nice as well. I highly doubt the CEO of Polyswarm intends to peg the price of NCT, i don't think anyone would wants to invest in a pegged token a steady and healthy token price growth is what suits everyone.

I don't know how they will go about it but maybe it makes sense to have some type of stable value for NCT, if it is meant to provide a calculable income stream before you provide a service to the network? I don't know.

Doubtful bct demand and supply will control the price of tokens but since the token system is a closed loop and supply is strictly controlled Id imagine they do have some forms of levers and knobs they can turn in distribution to manage the price and keep it somewhat scarce and in demand

Could very well be correct. Actually it doesn't even matter when the price of NCT is fluctuating if there was a possibility to state a reward in USD or so and whatever the price of NCT is, the amount released will equal the agreed upon USD amount (could all be done via a smart contract and an oracle I guess).