The SDT (special drawing token) operated by Alchemint project is initially a smart contract platform on NEO (a blockchain network will be separately established later), the price of sdcny will be supported and stabilized through the SAR, automated feedback mechanism and appropriate external incentives.
Havven is a decentralised payment network and stablecoin. It allows anyone to transact using a stable cryptocurrency.
We are very attracted to TrustToken and the entire ecosystem they are building. With a potential $256 trillion of assets that can be tokenized, the ‘Liquidity Premium’ that TrustToken briefly highlights will be a major driver of growth and adoption for such fractional ownership.
For the reasons listed below, Picolo Research maintains a buy rating:
• In comparison to others in the ecosystem, TrustToken is an established company with some segments of its roadmap already operational (TUSD)
• The market opportunity for creating fractional ownership of real-world assets on this scale is significant
• The core team comes from a highly technical background. We believe they have considerable bandwidth to execute on their roadmap
• The recent launch of TUSD on Bittrex is a reassuring sign that the company is focusing not only on development but also puts high importance on market engagement and penetration
We acknowledge that there are still currently gaps in the information that is to be communicated in the official whitepaper.
We are advised by the team that clarification on some of the key points will be publicly distributed in the short term along with further details regarding the public sale. In light of the preceding, we believe that TrustToken (TRU) is a long-term buy for those seeking exposure to an innovative protocol that could one day be used at scale.