Digital Reserve Currency — a digital asset, created out of the need for a digital storage of value (SoV). With the global recession and the destabilizing global financial system, the need for a decentralized, portable and digital SoV is more critical than ever.
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Description of the Digital Reserve Currency project
The Digital Reserve Currency was designed to be a decentralized digital store of value with limited supply and zero inflation. It was created during the COVID-19 crisis, when fiscal and monetary policies exposed serious vulnerabilities in the current financial system.
100% of the DRC token supply made available for trading on the deliberately small market cap Uniswap decentralized exchange to allow early adopters to establish low-cost access to DRC if they believe it will have a larger market in the future. No one controls DRC and does not provide significant management efforts that affect its success, since the token is completely decentralized.
Some features:
| 1. | With adoption increasing, a digital value store like DRC can act as a hedge against inflation by rewarding its users. |
| 2. | As global financial markets experience inflation, DRC ensures economic deficits and zero inflation. |
| 3. | In addition, the token helps to ensure that its intrinsic value grows steadily as its global adoption increases. |
As inflation rises around the world, especially in developing countries, a digital value store like DRC helps to hedge economic instability and uncertainty in financial markets. Digital SoV is an asset class, designed for people, looking to preserve their wealth, but with the flexibility of immediate, unreliable and cross-border transfers.
Additional information
There is no WhitePaper document on the site, but there is a RoadMap, where you can find the main stages of project development. Also, a section with answers to questions is available. There you can find out about the features of the platform. Developers blog on Medium.
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