NegativeCoin
NGC
NegativeCoin (NGC) Metrics
NegativeCoin Price Chart Live
About NegativeCoin
As part of the Deriv.Ex project you will find here the general functioning of NegativeCoin, our first token correlated on a short position of bitcoin in absolute value.
The concepts and general idea of the project.
The general idea of absolute correlated tokens is the following. Our tokens have a price of their own, but their basic variation subject to the law of supply and demand, are also subject to the laws of supply and demand of a monopoly situation. We can thus create customised token prices. Let's take a simple example:
Suppose we have a token X that would be correlated to a cryptocurrency Y in order to hold a short Y position.
NegativeCoin [NGC] is a token based on Ethereum blockchain. The most actual price for one NegativeCoin [NGC] is $0. NegativeCoin is listed on 0 exchanges with a sum of 0 active markets. The 24h volume of [NGC] is $0, while the NegativeCoin market cap is $0 which ranks it as 'no rank' of all cryptocurrencies. You can find more information about NegativeCoin [NGC] on derivex.net
Trends Market Overview
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NegativeCoin Basics
| Whitepaper |  Open |
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| Development status | On-going development |
|---|---|
| Org. Structure | Semi-centralized |
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Hardware wallet | Yes |
| Started |
15 November 2022
over 2 years ago |
|---|
| Website | derivex.net |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | etherscan.io |
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| Tags |
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