RE: EXAIN Faucet Is Live
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I was just getting the news, last time you said that you had to stabilize the token with other assets. Do you have a plan to finance it then? Or any thoughts?
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I want to be fair, not issue tokens out of thin air and sell them like a memecoin.
I will be able to buy back all issued tokens at $0.13 until the project launches, which will secure the price. I will continue to trade them at this price for a while after launch.
@exain's wallet is the repository for the funds, which come from my salary. That's why there will be few tokens.
I have no plans to raise funds. It would have to be substantial to be worthwhile. It would cause me tax hassles sooner than expected. I prefer to focus on development.
At best, it will be successful and the price will go up. At worst, there will be little activity but the price will remain guaranteed.
Why not guarantee the price by HIVE curation or engine or other lease engine
Thanks for these ideas. I was simply thinking of putting some HBD into the savings to survive the coming bear market.
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