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/biz/ - Business & Finance


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File: 160 KB, 512x512, emoney1.png [View same] [iqdb] [saucenao] [google]
24673342 No.24673342 [Reply] [Original]

Any thoughts on emoney /biz/? Can it become the new stablecoin standard or not?

I really like what they are a doing with their NGM token, adoption might come thanks to the great tokenomics even if the project starts out small.

>> No.24673443

Tether is too strong right, we need a big crash before any other stablecoin can come in

>> No.24673461

>>24673443
kek, keep dreaming, if tether crashes the whole market will be over

>> No.24673464

Don't care about adoption, if I can get some NGM at launch I will just be holding that and making those sweet staking gains

>> No.24673468

I tried getting in the private sale for this one

>> No.24673479

>>24673342
>stablecoin standard
Considering that it is already better than tether I would say yes, just give it time

>> No.24673487

>>24673342
Why does the logo looks like some boomer shit?

>> No.24673490

>>24673479
Everything is better than tether, doesn't mean that it can get the same adoption

>> No.24673496

>>24673468
Did it work? How did you do that?

>> No.24673507
File: 46 KB, 209x205, boomer-uncle-hairy-overweight.png [View same] [iqdb] [saucenao] [google]
24673507

>>24673479
emoney is going for that old money aesthetic

>> No.24673523

>>24673490
Tether is not even fully backed, imagine what will happen once the scam is exposed

>> No.24673532

>>24673523
>once the scam is exposed
crypto finally dies and everything goes to 0?

>> No.24673633

>>24673532
More like bitcoin mcap dips like $20b and we all just start using USDC. Keep dreaming buddy.

>> No.24673656

>>24673633
Not going to happen, way too much tether going around, USDC would just become the same scam that tether is now

>> No.24674053

>>24673633
>$20b
that's a pretty big hit

>> No.24674054

>>24673342
What does that even do?

>> No.24674069

>>24674054
The NGM token you mean? Holders get the fees from the stablecoin, also staking and interest gain. Everything else is just like a normal stablecoin

>> No.24674071

>>24673342
When is the release going to happen?

>> No.24674077

>>24674071
Q1 2021 anon

>> No.24674090

>>24673532
Can't really go to 0, probably drop 80% tho

>> No.24674100
File: 123 KB, 1043x1478, emoney infographic-01.jpg [View same] [iqdb] [saucenao] [google]
24674100

>pic related

This is the power of e-money

>> No.24674111

>>24674090
Still a big drop, especially if it happens for the whole market

>> No.24674291

>>24674100
The fundamentals are there, I am bullish on the dex

>> No.24674837

>>24674100
That is quite bullish if they manage to do everything they say, especially the cosmos part

>> No.24674842

>>24674090
Lol I have some fiat ready just for that

>> No.24674849

>>24674837
So this will be the first stablecoin built on cosmos right?

>> No.24674868
File: 68 KB, 746x1198, En0LGh9XYAA5CJZ.jpg [View same] [iqdb] [saucenao] [google]
24674868

New wallet, in case you guys missed it

>> No.24674869

>>24674849
Yes, but it will probably be crosschain like tether

>> No.24674879

To me the most important part is that they will support multiple currencies and not just usd, that's what a stablecoin should do

>> No.24674884

>>24674077
Is this true? Not that long then

>> No.24674892

>>24674868
Saw that on their twitter, they must be close to release

>> No.24675063

>>24674892
I think they are, at least from what they are posting

>> No.24675613
File: 97 KB, 433x419, 1548385889071.jpg [View same] [iqdb] [saucenao] [google]
24675613

>>24674100
More like NGMI tokens

>> No.24675617

>>24673342
This is the only stablecoin that can challenge tether

>> No.24676202

>>24675613
Should be GM token

>> No.24676648

what if I told you that this might become the new coinbase stablecoin?

>> No.24677310

>>24676648
They already have usdc, would be hard to implement this one, but maybe they could with some kind of partnership

>> No.24677647

>>24673342
I got into a private pool for emoney, let's just say I am ready to hold

>> No.24677960

>>24676648
Bullish as fuck

>> No.24678592

>>24675063
Yes, Q1 of 2021 almost for sure

>> No.24679151

This will be the only cosmos based stablecoin, is that bullish or bearish?

>> No.24679702

>>24679151
Being the first is something is always good anon

>> No.24680365

>>24679151
bullish, especially because of the multicurrency support

>> No.24681090

I have my eth ready for the ico

>> No.24681777

>>24681090
btw any idea on price?

>> No.24682321

>>24681777
At launch? Impossible to say, but the supply is small