Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] 🚀 ARCADIERX 🚀 - ENHANCING INVENTORY AND REPUTATION DISTRIBUTION
by
arcadierx
on 05/05/2019, 12:08:32 UTC
What's the main utility of the planned stable coin?

ARCTX is designed for price stability and as a practical medium of exchange for transactions occurring on Arcadier marketplace platform. They are used to fuel all purchase transactions on Arcadier marketplaces, and tradeable from wallet-to-wallet.


Okay, will there be incentive in using it? ARCX can also do this

The stability of the ARCTX token ensures people using Arcadier marketplaces do not have to cope with price fluctuations when making purchases. In future, we will consider adding incentives to encourage users to hold ARCTX balance in their wallets, such as airdrop ARCX tokens to users holding a certain balance of ARCTX tokens over a time period.


When is the sale of ARCTX?

Information on the sale and purchase of ARCTX tokens will be updated on our official ArcadierX website (https://www.arcadierx.io) closer to the launch date in 2019;

Okay, so how will you keep this stable?

All money used to acquire ARCTX tokens will be kept in USD in an audited bank account, administered by the ArcadierX Pte Ltd. As such, the value of the ARCTX is pegged to the value of the US Dollar and fully backed at all times.