ICO Token Price: 0.08 USD, 0.00 ETH, 0.00 NEO
In short, it’s a stablecoin enabled via smart contract technology. Alchemint feedback mechanism Initially, SDUSD is set to 1:1 with USD. The SDT token that will be issued by Alchemint is initially a smart contract platform on and offers automated feedback mechanism and appropriate external incentives. Everyone is able to check real time market value of collateral, the circulation of stable currencies and the overall condition of the system on the public blockchain. Stable coins pegged to fiat currencies will then be issued in exchange for SDT tokens.
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- Zhang Ting – Chief Financial Master
- Qi Feng – CTO
- Zhang Wei – Product Director
Anyone will be able to issue stable coins by mortgaging NEO assets, or other digital assets approved by a governance committee.
[Main problems tackled]: Alchemint is not controlled by any individuals or organizations. Initially, a USD pegged token, SDUSD, will be available, but there are plans for stable coins pegged to the Chinese Yuan and the Euro at a later stage. Alchemint is a decentralized price-stable cryptocurrency management system run on the NEO blockchain. It does not need audit companies or regular publication of reserved assets. It showed the project ‘Alchemint.
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SAR is a smart contract to generate the mortgaged digital assets mentioned above.
Alchemint may represent an important step towards the progression of the NEO smart economy. For flipping, not very interesting, you have a very long vesting time, and tokens are given out per 3 months in batches. All these price are external market price that can not be positively sensed by blockchain. Alchemint have infinite potential. In the beginning, there was NEO Alchemint will accept NEO as the only form of collateral at first.
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Individuals can create SDT with the following steps: The liquidation and auction function Alchemint devised a solution for the devaluation of NEO and SDUSD.
[Main contribution proposal]: 1) Stablecoin SDUSD - sdusd is a cryptocurrency issued on the platform of Alchemint with the mortgage of neo and other digital assets. Every 15 minutes, we track the number of members in 2000+ Telegram groups for tokens and ICOs. 7) Oracle - SAR needs a real time market price to evaluate the necesity of triggering the compulsory liquidation. It creates high performance application-level digital currency through distributed ledger technology. Alchemint has a complete set of risk control measures to manage the collateral’s market value so that the fluctuating will not trigger crisis of the whole system.
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And also, she has extensive experience in the operation and management of Internet financial product innovation, supply chain finance, asset securitization, risk control systems and Internet platforms.
c) Technical Failure or Under Attack - Alchemint is established on the foundation of Smart Contracts which may exist potential flaws and bugs. Over time, Alchemint will expand to other digital currencies. Alchemint will also be able to generate SDT tokens as you mortgage your NEO using smart contracts. No such scenario exists with Alchemint. In addition, in the ecological environment that built by Alchemint, the potential customers
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There are some differences between the Fed and Alchemint.
Important: Our public sale will launch at 12th June 2018 14:00(Melbourne Time, UTC+10) at LEEKICO (https://LEEKICO.com). The public will be able to view the size of collateral in the Alchemint system at all times. Widely used digital assets like ETH, BTC, and NEO do not work well as a payment method because of their volatility. Below, you’ll find the web’s most extensive list of Telegram groups for tokens and ICOs. 4) Single-asset Mortgage Mechanism - During transitional period, Alchemint only accept neo as qualified mortgage assets.