A few more details around why we're building this. The last 3 years have shown that cryptocurrencies can successfully work for storing and exchanging value across the world. Yet despite increased consumer interest as crypto is breaking into early majority stream awareness, merchant integration has been severely lagging behind primarily due to high volatility and transaction fees. Most attempts at lowering volatility and creating a viable stablecoin, whether fiat or crypto-backed, with a centralized or decentralized issuance model, or based on seigniorage shares, have so far been unfruitful. We believe the future of digital money isn't using a single currency, but rather holding, trading, and using a diversified basket of cryptoassets. Buyers and sellers hold diversified, personalized baskets of cryptoassets which get moved in and out of an extremely high velocity medium of exchange at transaction time. For consumers, this eliminates the need to distinguish between investment and chequing accounts, enabling them to use their diversified portfolios as cash. For merchants, this enables them to mitigate volatility as much as desired, while bringing high velocity with virtually zero transaction fees. This is a new approach that hasn't been tried yet. Let us know what you think.
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