[ANN] LibreCash – stablecoin with transparent proof-of-reserve backing

[frcat]

You will have a token sale? Or how you will distribute your tokens? And where is profit for users if price will be stable?

LibreCash is a stablecoin tied to a one-to-one dollar rate

[WalkieTalkie]

You will have a token sale? Or how you will distribute your tokens? And where is profit for users if price will be stable?

LibreCash is a stablecoin tied to a one-to-one dollar rate

Hello! Thank you for your question!

In order to avoid misunderstandings, we need to clarify that we have two tokens:  LibreCash, a stablecoin - a token with a stable exchange rate. 2 - LBRS token, that is used for managing DAO.

LibreCash already allows you to store funds in the cryptocurrency without fear of loosing it due to rate changes. In addition, you can use a token with a stable rate in trading in a period of exit from volatile assets.
In the future, tokens with a stable exchange rate can be used as well as fiat - to pay for goods, services, issue loans, etc.
Token sale of LibreCash is not planned. The release of tokens into a turnover occurs only through the smart contracts of LibreBank.
You can buy and sell LibreCash for Ethereum using our wallet. Also, in the coming days we are announcing the possibility of exchanging LibreCash for fiat.

Token LibreBank Reserve Share (LBRS) is the share of the entire project, including all assets of the reserve and other funds (security of LibreCash is frozen in the Reserve Fund).
The LBRS token sale is planned in several stages: pre-sale with the auction price, then the main token sail with a price 2-10 times higher than the auction. All funds received during the token sale, as well as the entire potential profit of LibreBank, will be reallocated to the reserve fund and to the development of the project. The increase in the volume of the reserve fund and the successful operation of the project will entail an increase in the capitalization and value of shares, respectively, an increase in the market price for the LBRS tokens.
In the future, there will be an opportunity to exchange LBRS tokens on the assets of the fund (burning, remission).

[m.kojevn1kova]

Really good idea, anyway have a plan to make a bounty campaign ?

[WalkieTalkie]

Really good idea, anyway have a plan to make a bounty campaign ?

Hello! The information, concerning the bounty campaign will be announced soon. Please, stay tuned.

[m1xmee]

I will be your investor, I hope this will bring me a profit) A very clever project

[WalkieTalkie]

I will be your investor, I hope this will bring me a profit) A very clever project

Thank you for your feedback!

[masTer11]

Good evening. in which country is your project registered?

[Departament11]

Will you have a promotional video of your project later? A very good option for such a project

[WalkieTalkie]

Will you have a promotional video of your project later? A very good option for such a project

Hello! Yes, we are working on it to release some time later. Please, stay tuned and follow the project.

[WalkieTalkie]

Good evening. in which country is your project registered?

Thank you for your question! We are a decentralized autonomous organization, that is not anyhow connected to any country. We do not have any limitations, however, make sure that you do not violate local laws.

[Power22]

I need to know whether there are any preliminary agreements with the exchanges?

[WalkieTalkie]

I need to know whether there are any preliminary agreements with the exchanges?

Hello!
Currently, we work at exchange services that can be our partners and will list our token.
As soon as we come to agreement, It will be announced.

[bmw_e46]

A good idea. Let's see what happens next. You have a lot of work here, for the competent development of the whole project.

[kl1nkagg]

It is good that the project has control over the issue of the emission of tokens. This is a very important point, it is already possible to say on it how the project is thought out.

[WalkieTalkie]

Thank you for all the feedbacks! We are glad to see the positive feedbacks towards the project.

[masTer11]

Perspective. Quite good, I really like the idea of ​​the project, and the way they painted it in detail

[WalkieTalkie]

Perspective. Quite good, I really like the idea of ​​the project, and the way they painted it in detail

Thank you! If you have any questions concerning the project feel free to ask them.

[sort_cirkit]

It is good to see that many exchanges can be exchanged. A decentralized autonomous organization therefore, it will make the market very hot. It's nice to see the developments are emission, liquidation, and transfer of rights of the owner.

[Feetshot]

On the crypto currency market, there really is not enough stability, maybe this is what scares most users. How will the stability of the coin be achieved?

[tw1sterQQ]

I conducted the analysis, personally I have a positive impression about this project, as well as reading the comments in this thread I see that people in general have the same.