Translate the page
Feel free to ask any questions, leave your comments, wishes and suggestions regarding the Google Translation at our Telegram Chat.
Like this video

DUO Network

A Market-Tested Model to Manage Crypto Volatilities

DUO Network is a system of tokens and smart contracts that provides a new, decentralized, income-generating stable token and a leveraged capital gain token backed by first-class financial engineering and market proved model. As a decentralized margin trading product, our tranche contract can increase underlying market’s liquidity, bring in innovative assets to decentralized exchanges, and benefit the blockchain ecosystem as a whole.

3.2
1 0 expert ratings
Benchy 3.2
Experts
-
-
-
View rating distribution
Unknown
Token
DUO
Price
1 DUO = 0.00125 ETH
Bounty
MVP/Prototype
Platform
Accepting
ETH
Soft cap
10000 ETH
Hard cap
35000 ETH
Country
Whitelist/KYC
KYC & Whitelist
Restricted areas
China, USA
More on ICO
Report

About DUO Network

The rapid proliferation of cryptocurrencies such as Bitcoin has brought world’s attention to a fascinating idea by economist Friedrich von Hayek: competing private currencies. In the Nobel laureate’s 1976 book, Denationalization of Money, Hayek argues that there is no innate reason for governments to have a monopoly on money. He advocates a system of private currencies in which financial institutions and individuals create currencies that compete for acceptance. Hayek also points out that stability in value is presumed to be the decisive factor
for acceptance.  Cryptocurrencies, thanks to their innovative solutions to decentralization and privacy, have become popular contenders in the private currency competition. However, major cryptocurrencies are subject to massive price volatility, making them attractive to speculators but unsuitable for mainstream use.

Inspired by the trilemma in international economics, we hereby propose the impossible trinity of cryptocurrencies: a blockchain economy cannot achieve all three of below goals at the same time. In pursuing any two of these goals, the community must forgo the third.
a) A deterministic currency supply
b) hypergrowth in ecosystem activities
c) price-stability of the underlying currency


Majority of blockchain economies have been experiencing the same scenario: a deterministic currency supply and hypergrowth in users & transactions. This setting results in high volatility of underlying currency price, which in turn magnifies the currency’s speculation, undermines its potential as a medium of payment, and hinders its real-life adoption. Take Ethereum, the leading smart contract platform, for example. The built-in currency ether (ETH) is playing a dual role with conflicting purposes: As the network fuel and medium of exchange, ether is expected to be spent whenever users need services, which requires shortterm value stability. As a digital asset, ether is held for long-term appreciation and traded for speculations.

It would be a good idea to segregate ether’s dual role to better serve respective users for different purposes. Instead of creating new credits by collateralizing external assets, we propose an innovative contract that will retain ether’s value but transfer volatility from risk avoiders to risk seekers.

Bookmark
ICO KYC Report
Not conducted yet
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you

Javvy

Javvy is the full integration of a universal wallet connected to numerous exchanges pre...

76 days 16 hours left

TEMCO

TEMCO is developing a supply chain data platform based on Bitcoin Smart Contract (RSK).

Starts in 9 days 16 hours

Volentix

Volentix is building a decentralized digital assets exchange connected with a secure mu...

48 days 16 hours left

Whisky Token

WHISKY TOKEN (WHY) stands for a disruptive new possibility in the crypto currency marke...

75 days 16 hours left
ICO Market Report - November 2018ICO Market Report - November 2018

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it