The Decurian token project entails the development of a functional and modern cryptocurrency that will operate on the blockchain technology of Ethereum. The main goal of this project is to establish a system where users can challenge each other on the outcome of a sport, video game or e-sport using our token. The Decurian token will not depend on the current BTC price and will not be subject to it’s volatility and moving average. Decurian will always have a base value because it will be tethered to a small percentage of precious metals and therefore will never be valued at zero.Decurian will exist on the ERC 20 Main Net blockchain for utilizing smart contracts.
Thanks Mark. No it won’t and we are looking at changing that part to better address the value of the token. Beside this, we are currently working on a more consistent and less volatile way of tethering real world finance 1.0 to the decentralization of the crypto finance 2.0
Sounds good, maybe you could make use of synthetic assets issued by Synthetix. Then the rebalancing could maybe be done easier automatically. Just my two cents