I have a project that has been on paper for a long time.
I would like to know the readers opinion.

Stable coin is based on a stable coin.
Imagine a stable currency that appreciates over time.
Imagine your purchasing power being greater.

May this currency be guaranteed by its open reserves.
And your reserves increase and never decrease.

Where does the reserve and my trade secret come from.

But think of it this way
Today you have 1 token worth 1 usd
Tomorrow this 1 token is worth 1.0001 usd
1 year from now this 1 token is worth 1.1 usd

would be economically viable
The design and idea are good.
The token could be used as local currency via the app.
Used to pay bills, transfer funds, etc.
Within this, the reserve box would be open and exposed with the values ​​of tokens issued and cash value.

Example issued 100,000 tokens
Cash 110,000 USD
1 Token = 1.1 USD

Cash rises according to token demand.
Cash is a reserve that guarantees that the funds are worth something.
These funds can be redeemed whenever the person wants.
Inside the reserve.
It does not depend on markets to appreciate itself.

I don't know if there are similar projects.
I have the idea.
lack of investment
Lack of partnership

I have some knowledge in crypto, development to get this project up and running.

What I see the greatest difficulty is disseminating this idea. I tried some ideas before and abandoned, due to the difficulty in expanding in search engines.
And difficulty finding new investors.

I would like the opinion of the noble colleagues on the idea.
I would like new ideas.

Who knows, maybe this project will get off the ground and become something innovative for the crypto market.
My regards
bitbrabo

I had another Bitcointalk account, but as time passed, I stopped tracking crypto when I lost a big investment in 2013.
Now I come back here and see this topic.
I couldn't agree but I don't disagree, as I've seen other answers and the question is very broad.
There is an old saying that there are people, and people.
There are people who are manipulative and expect high status to take a big hit, whether with a project that never gets off the ground, or in a high-value transaction after making several low-value ones.
I don't say that this is today but lately with the great global crisis that affects millions, the number of frauds has increased significantly.
So whether new or old, rich or poor, after big losses I always take precautions.
To prevent yourself, it's not enough to look at user status or time, the ideal and a recognized and registered platform to do something with guarantee. Even if it generates expenses. Of course there are millionaires users here and who am I to discuss someone's integrity.
Most recommend to everyone a transaction in a regulated environment. for high value transactions.