Re:Using Stellar for ICOs
by wmf on Wednesday August 02, 2017 @07:24PM
(#14915587)
I haven't followed Stellar closely, but shouldn't it allow you to buy an ICO directly with, say, USD instead of having to detour through XLM? Of course, this would probably reduce the "sure, I'll spend some of my Internet play money on some Internet play stock" effect.
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Re:Using Stellar for ICOs
by notliketherest on Wednesday August 02, 2017 @07:50PM
(#14915753)
Yeah it does, you just have to have USD "tokens" on the network (ie, an ico whose tokens are backed by dollars). Then you can exchange directly through the built in decentralized exchange.