I’m not saying it’s not feasible, but it would certainly look potentially manipulable. Even if you try to peg the price to an average based on exchange price, what is to stop you from going below market price in order to try to swoop the sales directly in detriment of those sold at the exchanges? That could cause a depreciation of the token’s value for its holders, that would be originated in the corporation itself.

If you eventually got to become the main point of sell, the exchanges would make little sense in selling the token and could lead them to bounce it from their lists.