Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-SALE] MEERKAT - A utility token designed for local merchants
by
Gollamx
on 06/08/2018, 22:45:14 UTC
Hello,

I like the concept as I am deeply involved in the industry myself. Happy to see more projects targeting the masses of tourists with such tech. However I have a brief question about the FIAT exchange for merchants. As i understand you basically buy their tokens back in case of a price decline? Isnt it a high risk for the firm ? I mean I understand that youre willing to eliminate volatility but am trying to understand the economics behind it.