bitCNY

by BitShares

(0)
View Profile

Gold Bits Coin

by Gold Bits Coin

(0)
View Profile

JUST Token

by TRON

(0)
View Profile

bitCNY

by BitShares

(0)
View Profile

Gold Bits Coin

by Gold Bits Coin

(0)
View Profile

JUST Token

by TRON

(0)
View Profile

What problem does this service solve?

bitCNY is intended to serve as financial tool that will help stabilize the price of BTS relative to the Chinese Yuan.Gold Bits Coin wants to create a digital currency with less price volatility, that will be backed by gold.The JUST token acts as a stabilizing and governance tool for a collateralized stablecoin built on the TRON network.

Token Stats

Company Description

bitCNY is a decentralized stablecoin that is pegged to the Chinese Yuan. It is based on the BitShares blockchain and has a Delegated Proof-of-Stake (dPoS) consensus mechanism. As a market pegged asset, the bitCNY token represents the amount of BitShares (BTS) that are equivalent to one Chinese Yuan.

Gold Bits Coin is developing a digital currency that is backed by gold. They hope to create a digital asset with less price volatility that can be used as a medium of exchange. GBC is built on Ethereum. Their marketing materials are unclear about how much gold they have in reserve to back each Etherreum-based token.

The JUST token is used as stabilizing mechanism for the JUST network, which is a stablecoin network built on top of the TRON blockchain. TRX token holders can purchase the USDJ stablecoin, which is pegged to the US Dollar through collateralized debt positions. The TRX tokens are held as collateral, and when the user wants to redeem their TRX tokens, they must pay a stability fee using the network's JUST token.

Ratings

(0)

(0)

(0)