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ICO Research: Basis- When expectations didn’t meet reality
March 14, 2019

Basis, which was formerly known as Basecoin, was a price-stable cryptocurrency which had a unique, one-of-a-kind algorithmic central bank. Basis was designed to keep prices stable by algorithmically adjusting supply. When demand was rising, the blockchain would create more Basis and the expanded supply was designed to bring the Basis price back down. Similarly, when demand was falling, the blockchain would buy back Basis. The contracted supply was designed to restore Basis price..READ MORE