Post
Topic
Board Announcements (Altcoins)
Topic OP
100 Dollar Stable Token
by
100dollar
on 05/04/2020, 22:04:34 UTC
Please don't forget to read the last part.

How many people have lost the money in forex and cryptocurrency due to the fluctuation? Somewhere inside we all know that the big players never lose. They already know when the sentiment of the market changes.

In Crypto, it is similar. The big player inflates the price, he wins, we all lose. At the same time, it has been said to play fair.

Let suppose if you know the Bitcoin price will go to 15K (right now 7K). You will manage the deal accordingly and will never lose. However, out of a million people, there are only a handful of people who know that and win our money.

In the crisis of 2008, the bailout was given to the fatty people, was it fair? The game was never been faired... Hence, we decided to play it fair for every single person and keep the thing transparent and open.

We all know the stable currency has a stable price and this is how it has been designed. Can you buy a USDT for 1 cent now? If you can, what will you do? We know the answers. However, there is always another opportunity across the corner.

Here the 100 Dollar stable token comes, 1 token is equal to 100 USD. The token has been designed to help people and families to get some extra financial help during this crisis. 1 token will be given up to one family and we have set a target to reach 10,000 families around the world. However, this does need a lot of resources to reach and the most important is to have a community 100 USD is enough for people living in poor countries to survive for 2 to 3 weeks.

That is a big commitment and how to get there? With the help of the community only. The Token starting price is set to 1 USD per token and it is bound to the number of registered users. More users to the community will impact on the increase until it gets to the final price of 100 USD. 50K users are required to reach the final price.

Isn't fair?
When one knows what is the final destination of the price?

Concept
To provide support for a set of 10,000 families/users around the globe while making the whole system sufficient that it never has to wait for the donations to arrive and a long process to distribute. These set numbers of users will receive monthly one token for a certain period of time then another 10,000 users will be chosen and the cycle will keep moving. It is a bit long and tough process, however, this is what the purpose we have set.


Community growth?
The wallet app will be available on the Play Store and App Store, anyone can download and register an account using email. Every new user will get the first coin free and the wallet shows only the balance and the updated price of the token. The App also provides a referral link to share and earn more tokens. The more one share, the faster the community grows and more earning. It is not MLM, so one can only earn with his/her particular link. There is no tree. The wallet does not provide send/receive now to avoid the abuse to the system.

Token price?
Every day the price will be updated on the website and reflection will be visible in the App. The starting price is 1 USD and the final price is 100 USD and then it will be stable forever. 

Usage?
The token can be used for payment transfer and purchasing. 

Technology?
The token is based on the steller network, which is specially designed for payments. 

Token Launch?
We are expecting the token to be launched on 10th April. 

Token sale
The token is designed to proof of earn, more one share, more one earns. The token sale will start only once the token reaches the price of 10 USD and very limited tokens will be available to buy per day. Remember, our major goal to make the community, not the token sale. The purpose is to be open and fair, make a community of people who belongs to us.


Token distrubution
There is X number of token available but they will be added to network very slowly to keep the balance but sufficient enough for the system to keep moving forward.
50,000 tokens for the 50,000 registered users.
20,000 tokens for referral and marketing.
5,000 community influencers.
15,000 token sale to gather the funds for the project to keep going.


Tech data, white papers, anything extra...
All those data will be available soon, that stuff is important but we are more focused on gathering the people to build the community, launch the project and the rest will follow itself. 

Important to know:
We are not ex-google, ex-uber, ex-facebook and not a big investor and big names on the list. We are not professional writers, neither we are interested to spend money for someone to write a very professional post here. What we have, we have shared with you. Now, we would like to welcome anyone who wants to bring a good vibe to the project. Who help us in anything one can do (even to improve this post). However, everyone behind the project has been successful in what they have done in perspective career. Let's build for those, who can't build for themselves. 
Any suggestions, feedback, and help are very much welcome. Please consider us similar to you, not the Vitalik or Satoshi. All we look for support to build the community.