The huge price volatility is the biggest obstacle for Bitcoin and other digital currencies to become a generally accepted means of payment. At the same time, a large number of decentralization projects are hard to be accepted by the market due to the fact that they use self-issued price-fluctuating tokens as a tool for value transfer in the ecology. An encrypted digital currency with a stable purchasing power, namely a stablecoin, is needed to solve these problems.
There are three existing models of the stablecoin solutions including the fiat reserve model, the Coinage model and the digital asset mortgage model. However, none of these models and related stablecoin projects has a perfect mechanism to deal with the key issues such as a stable supply of stablecoins or a long-term stability mechanism. Alchemint innovates a fourth one - an open stablecoin platform based on the hybrid model. It is a global solution for the development of stablecoins in the medium and long term.
In the early stage of blockchain development, Alchemint mainly empowers commercial institutions through the fiat reserve model which will enable them to issue stablecoins to meet their own ecological and application needs. With the continuous advancement and maturity of blockchain technology, traditional assets will be able to be mapped to the blockchain. Meanwhile individual information including human credit and behavioral big data will become part of personal wealth and be preserved as an asset on the blockchain. Under the gradual trend of asset tokenization, it is estimated that more than 10% of global GDP will be preserved on the chain in the next three to five years. In this situation, stablecoins issued by individuals through digital asset mortgages will gradually replace the stablecoins issued through the fiat mortgage model and become an important
means for global circulating currency issuance.
June 2018
August 2018
September 2018
October 2018
December 2018
March 2019
May 2019
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Team & Advisors – 8/10
Roadmap – 7.5/10
Token Metrics – 8/10
Verdict:
Positive - for short term flip
Neutral - for long term hold – Their price stability model appears to be similar to what MakerDAO employed while developing DAI. Development of DAI took 2+ years, MakerDAO being very well funded company.
From the creation of a p2p lending platform to years of experience in the banking sector, we feel the team behind the Alchemint ICO are well equipped for the task at hand. A critical component of the NEO Smart Economy hinges on their ability to succeed, and to this accord, it is a welcome sign that the NEO Council are advising the project.
Still, at this stage, we are left to make a call with very little to show in the way of actual product progress and will keep a close eye on any developments to come.
30-May. Sergey: It is interesting to me because of funds. Link
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.