Tokens backed by physical assets
Smart contract blockchain
Ocean Liu -
Gen Tseng -
Phyrex Tsai -
Yan Lai -
Crypto ABS is a project, which produces ABS tokens born out with fiat currencies. Using smart contract and IOT, project represents a connection between reality and world of crypto-money.
CryptoABS aims to introduce a way to use the cryptocurrency by imposing the physical assets from the real world which won't only help to stabilize the Ethereum ecosystem but also fortify the real world. It has ABS tokens for achieving its goals. It is a platform for financing with physical assets in Ethereum acting as a bridge between the real world and the crypto world. The team does not have a traceable record so the team evaluation is negative.
User ReviewWrite review 1 reviews
It in a way connects the crypto digital world with the real one through investing and smart contracts. Every token is backed by some real physical good or asset, therefore you can feel safe about value of your investment and don't feel that you only own some random digital thing. The investments take place through Ethereum network and the real assets aim to stabilize the price. I see it as a really interesting way to do something about these very speculative and fluctuating digital assets, so an investor can sleep well with ABS tokens.
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