Steem Dollars vs Dignity Token vs Reserve Rights
What problem does this service solve?
Steem Dollars are a stablecoin that are designed to be used as a less volatile medium of exchange on the Steem platform. | Dignity is a gold backed stablecoin. It is one of several digital tokens created by Cryptobontix, that attempt to reduce price volatility by pegging them to a physical asset. | Reserve's goal is to create an inflation resistant digital currency. |
Token Stats
Company Description
Steem Dollars, or Steem Based Dollars, are stablecoins released by the Steem platform and pegged to the USD. Steem Dollars (SBD) are one of the three currencies that help power the Steem social media platform. SBD holders are entitled to receive one dollars worth of STEEM when it is redeemed. | Dignity is a stablecoin pegged to gold, that was developed by the company Cryptobontix. Each DIG token is pegged to the worth of 0.02445 grams of gold, which was worth exactly $1.00 at the time of the Dignity whitepaper. | Reserve Rights is an Ethereum-based stable token that is built on the Reserve Protocol. Reserve token will be initially backed by several other collateral tokens that are each tokenized versions of the US Dollar. The project has plans to transition to a collateral model that will not be pegged to the US Dollar. |