Quote from: PsycheUSD on October 26, 2020, 07:24:33 PM

The future does not hold the guarantee for anything or anyone.

There are several projects which has been successful as well, it depends what we look for.

At Psyche we look for success only. Nevertheless what future holds, there is one thing guaranteed, we will do everything to make this project successful.

Quote from: koang on October 26, 2020, 05:38:04 AM

Quote from: PsycheUSD on October 23, 2020, 02:02:49 PM

Backing by fiat currency is not working in the crypto space, hence the USDT has the problem. Therefore the rest of stablecoins are back by the algorithm and so Psyche is.

Although surrounded by a lot of controversies, the most popular stablecoin today is Tether (USDT) and has the highest daily trading volume of any cryptocurrency after Bitcoin and Ethereum.

Psyche is an algorithm-based stablecoin, similar to Basecoin, right?
The stablecoin project Basis, which had received over $100 M in venture capital funding, shut down in December 2018.
What is your guarantee that this project will not suffer the same fate as Basis?

I got your point. Yes, things are not always in our hands but we have to try hard & soul. It's really challenging to bring a DEFI project. And I liked your passion until now.