Post
Topic
Board Tokens (Altcoins)
Re: [ANN][DEFI & CEFI] Psyche.Cash | The Future of DeFi | Private sale
by
rmyles25
on 23/10/2020, 01:17:07 UTC
I was reading your article on Medium before you launch this thread. It was said as a challenge to USDT. I'm not sure, how you will do it but it is a very bold statement.

Really bold statement. What I am worried about is, do they really have the assets to back-up their numbers? For a time before, USDT admitted that they are not 100% backed by US$. So what about this project, how do we know they are saying the ultimate truth about their assets?

Unless they're being backed by several big VCs who are still trying to get their piece of the DeFi pie. On the bright side, if these VCs are trying to get in by investing in these companies then it could mean big in the future of crypto in general as more funds are flowing in which may increase the prices of lots of cryptos out there coins and tokens alike.