Starts 01.12.2018
Ends 28.02.2019
This ICO has already ended.
Stable rating

Cryptocurrencies and digital tokens are risky - their prices and relative values change dramatically and unpredictably. Price instability is preventing a wider adoption of this vital digital innovation, as potential new users are deterred by the volatility. It is difficult to use digital tokens for payments or other business purposes in such circumstances. Price drops of more than 10% in one hour do happen, even for the most established tokens such as Bitcoin and Ethereum. Less popular tokens experience even higher levels of price variability.

Digital tokens prices differ substantially in different markets, exchanges and geographies. This creates a risk of overpaying when purchasing a token, or obtaining too low a price at its disposal. It also creates additional volatility risk, as the effect of falling price in international markets is coupled with a disappearing price premium in a local market. As nearly all the digital tokens exhibit extreme levels of price volatility, there’s a growing need for tokens that have some value anchoring or internal stabilizing mechanism embedded, in order to cater to new users, who do not accept current levels of risk associated with holding digital tokens.

To create a Stable token (“STB”). Its construction is aimed at delivering much lower (about 5-10 times lower) price volatility than the most established tokens. To provide a social service of closing price differences between different digital tokens markets and geographies via custom made algorithms. To provide a service of outright stabilization of existing tokens’ prices by automatic buying into falling markets and selling into rising ones.

Stable has ended 177 days ago