Saturday February 27, 2021
Bitcoin (BTC) $47,779.00   Ether (ETH) $1,504.89
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Token Offerings/Listings

Anchor stablecoin and non-flationary financial index launches test net

Published by CryptoNinjas.net
04/08/2019
Anchor stablecoin and non-flationary financial index launches test net

Anchor, a stablecoin pegged to the global GDP that aims to preserve value while hedging inflation and market volatility, has rolled out public testing for its platform. Anchor is showcasing both its public platform and Validators’ dashboard as major steps towards its private token presale set to launch in May.

Anchor’s tokenomic infrastructure is designed to be fundamentally stable with a dual-token, burn-mint model and a stable financial index, the Monetary Measurement Unit (MMU). The MMU is Anchor’s algorithmically-based peg of value that reflects the sustainable, long-term trend of global economic growth while protecting against inflation, regional shocks, and politically-biased influences.

The public test net allows users to interact with Anchor’s user interface and create their own wallet supporting all major currencies available on both Stellar and Ethereum platforms. Users can pseudo purchase Anchor Tokens (ANCT), the payment currency, and Dock Tokens (DOCT), the system’s utility tokens that ensure ANCT remains indexed to the value of the global GDP through an incentivized burn-mint model.

The Validators’, aka Oracles’, dashboard offers interested parties an opportunity to experience Anchor’s decentralized governance and tokenomics model. Anchor will have a governing body of up to 21 members allocated to reputable financial and academic institutions with competing priorities to minimize the risk of collision, with one slot reserved for parent company Anchor, AG. Validators are responsible for the decentralized consensus of the value of the MMU, token price, token volume, and other processes.

“Many stablecoins currently on the market offer digitized versions of fiat currencies, which intrinsically lose value due to inflation and are vulnerable to market fluctuations and volatility. In order to be stable, a currency must be pegged to a stable unit of value. Welcoming all crypto traders and enthusiasts to test out both Anchor’s public and Validator platforms. I encourage you to see for yourself the highly-motivating distribution system of our two-token model, and the 25 years of official financial data from more than 190 countries that goes into formulating the MMU algorithm, ensuring stabilization and predictability of our monetary ecosystem.”

Daniel Popa, Founder and CEO of Anchor

Anchor is continuing discussions with potential Validators, investors, traders, and exchanges at their private roundtable dinner organized by SMC Capital, NYC-based venture capital and advisory firm, alongside upcoming blockchain conference Crypto Invest Summit in Los Angeles, California, April 9-10th.

Earlier, Anchor held two private roundtables for representatives of the Asian blockchain and crypto community as part of the first leg of their roadshow, which took place in Hong Kong and Singapore. The events aimed to inform investors, traders, exchanges, and the media about the Anchor stablecoin project and opportunities for early adopters.

8
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

No Content Available
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version