Quote from: KKH84 on May 19, 2019, 07:08:39 AM

Quote from: TheHas on May 18, 2019, 10:47:52 PM

Wpp is trying to become a 'stablecoin' pegged to the price of emissions for CO2 I believe (like over a dollar something like that).

I just don't see it happening right now. We need a lot more news regarding development. With a reported $60 million raised they should be able to provide a lot more updates.

I'm also one of those people who are waiting for updates and hopefully that will bring a positive direction. I bought WPP tokens but not in large quantities, because if I see this situation, it might take a long time to hold the WPP token to reach a price of more than $ 1.

I think the stablecoin of $1 plus rhetoric is a bit of an obvious pump attempt (even if they think they can get there in time once the project starts delivering).

If they have auditable evidence that their tokens are backed by assets or something tangible worth that amount, then great, but right now it is a bit ephemeral and not exactly clear how they'll show that it is pegged/stable to something.