sorry, but to tell you frankly how can you equate the value of your cBux token to $1? who will buy your token at that price? lets say for example, i have 1023 merits right now, so i will get about 1023 cBux which is equivalent to $1023. but where in the world can i sell this token to get my $1023?
what i'm trying to say here = who are those people that will naively buy this token at a fixed rate of $1 for nothing? remember that once a token or altcoin hits in the exchanges, there's no stopping for the dumpers to sell their freebies for peanuts. how can you maintain your token's value just like any other stable coin in the market today?
Have you ever used any stablecoin to lock your profits ?
You do not need to buy my token, you already own that. You may start using it.
We may value this coin/token 1 cent or 50 cent or $25 or even $100 too. Because, there will be no pre-mine and it is like pre-owned distribution. But, for simplicity, we assume this token to have $1 value out of thin air or based on your BTC savings.
This is a static value coin hence there will be no point of dumping it. If you people want to quick cash out your cbux then that will be an opportunity for all other traders (who are all the real adopters of stable coins) to get them cheaper. A stable coin may get dumped for less than $1 too but it may get recovered to $1 as early as possible as everyone is aware of it is actual worth (which is $1).
I come for this too, and I still can't grasp your meaning. How could you ensure the price will always stuck at 1$, again?
People get this token for free, so they'll mostly feel no burden on parting with them, which means, dumping once exchange arrived is a very possible scenario. So what'll ensure dev can maintain the price at 1$ or what good reason/benefit that this token have that will persuade people to keep holding and accumulating?