So you want to do an ICO
NTFLX ICO
Consumers You will need a scalable platform to handle many concurrent transactions (e.g. micropayments)Producers
People need to cash out
You will need
an exchange
for liquidity
in and out
of your token.
Decentralized Exchange
Intercoin acts as the
ridge currency for
each community.
Start a
Community.
No permission needed!
Deterministic Prices
Intercoin's ecosystem
Community encourages sound money. Coins No need for market prices.
Consumers Founders add value full reserve!
remove value Producers Startup Costs
**_intercoin on reserve**_ exchange rate = circulating local currency
Pegging to Any Currency X
High volatility makes providers cash out quick.
Community Bot helps adjust the amount of ITR
on reserve to counteract ITR / X price moves.
Utility Token
by Howey Test
Cryptoeconomics
When Intercoin rises in price, pegged
communities donate their Intercoin
reserves to the Bots.
x1.5 ÷1.5 X Community ITR reduces price ITR reserve rises Bot
This lets the Bots later subsidize the
pegs of new communities formed on
the Intercoin Platform.
÷1.5 x1.5 X New Community ITR increases price ITR reserve fallsBot
Virtuous Cycle
The subsidy attracts new communities
to launch stablecoins atop the
Intercoin Platform.
This makes ITR to rise even higher,
causing pegged communities to
donate even more ITR to the Bots.
÷1.5 Community Bot reduce ITR reserve
Limits
If the price of ITR to X drops too much, and the community doesn't add more collateral to its reserve, the Bot may run out of ITR to subsidize the peg.
÷1.5 x1.5 X Community ITR runs out of ITR price to increase fallsBot ITR reserve!
Stop Loss Order
The Bot sets a stop loss order on the exchange which is supplying the spot prices for the peg. It is updated to trigger right before the Bot runs out of ITR to maintain the peg.
X Community stop loss peg Bot
It may buy ITR back when its price rebounds.
Liquidation Mechanism
The Community is then automatically
liquidated and all local token holders can claim
the real X held by the Bot, or reinvest it.
This is a bankruptcy-remote failsafe.
Community X liquidate into claim Bot
Increasing Usefulness
As more and more Communities are built on the Intercoin Platform, providers will start paying others in the ecosystem rather than cashing out to external currencies.
fast low fees Community Project
Reward Points
Token Virtual Currency Provider full liquidity between any currency pairs
Attracting Capital: Issuers
Intercoin's speed and liquidity make it an attractive platform for tokens of all types. Token issuers cause capital to flow into the Intercoin economy.
fast stable Community Project
Reward Points
Token
full liquidity between any currency pairs
Attracting Capital: Users
Regular users of BTC and other currencies, regardless of what platform they are built on, may increasingly choose to get "Intercoin" versions of those currencies to enjoy all the advantages that Intercoin has to offer. Including all the apps people develop for it.
stable fast Virtual Currency Provider full liquidity between any currency pairs
**Powering your communities.