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. Alchemint innovates a fourth one – an open stablecoin platform based on the hybrid model. Alchemint is a decentralized value-stable digital currency administration framework that keeps running on the blockchain of NEO. Anybody can issue stablecoin by selling esteem changed NEO resources (or any advanced resources endorsed by Alchemint Governance Committee) like sdusd with the swapping scale of 1 on USD (the cash can be euro or RMB). Since the sdusd is made, it can be utilized to pay like some other cryptocurrency, dispatch, store of significant worth or best up in advanced resources trade to buy other key monetary standards of computerized resources.
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Alchemint (SDT)
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.
- Since the sdusd is made, it can be utilized to pay like some other cryptocurrency, dispatch, store of significant worth or best up in advanced resources trade to buy other key monetary standards of computerized resources.
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What is Alchemint
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 how to calculate crypto coin value 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.
Active ICO
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.
About Alchemint ICO
The SDT (special drawing token) operated by Alchemint project is initially a smart contract platform on NEO. Alchemint aims to create a decentralized price-stable cryptocurrency on that will run on the NEO platform. ICO Finch is an independent ICO listing and rating platform, not affiliated with any ICO project or company. ICO Drops receives a fee for advertising certain token sales, in which case such listing will be designated accordingly. The most comprehensive ICO-Rating which is regularly updated with new projects and up-to-date information.
Ico Details
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