All ICOICO statsRatingReviewsBlogNews Wallets Mining Exchanges Chart Events
Join

A stable cryptocurrency with an algorithmic central bank

Token symbol

Smart contract blockchain

Links

 

Team:

Nader Al-Naji - CEO + Co-founder

Lawrence Diao - Co-founder

Josh Chen - Co-founder

Susan Sidd - General Counsel

Brian Freyburger - CTO

Dionne Gordon - Chief of Staff

Nate Bauernfeind - Technical Staff

When demand is rising, the blockchain will create more Basis. The expanded supply is designed to bring the Basis price back down.

When demand is falling, the blockchain will buy back Basis. The contracted supply is designed to restore Basis price.

The Basis protocol is designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power. For this reason, we refer to Basis as having an algorithmic central bank.

Expert Review

TokenTops
avatar
3 out of 5

The Basis is an ICO which actually revolves around a construction material. It has already gained fame in Russia. The people behind this project are organizing a crowdfunding initiative that will attract investment via a blockchain token. The aim of this project is to bring innovative construction methods around the globe. As this project is unique the team believes that Basis will achieve success in its initial stages itself. The team seems to be experienced but they have not been able to achieve the success that they aspired to have. The whitepaper is average and roadmap is almost good. Though the website is made well and it provides all information about Basis clearly.

User Review

Write review 1 reviews
avatar
John218 may 2018, 10:32

The project is based on construction building material and seems to be unique but the team has not been able to perform to their best and till date are not able to manage their community well.Therefore I won't invest in this ico and I recommend everyone not to invest in the same.

You need to login to create review.

Get the week’s best ICO right in your inbox