NegativeCoin (NGC)

“As part of the Deriv.For example, you will find here the general functioning of NegativeCoin; our first token correlated with a short bitcoin position in absolute value—the concepts and general idea of the project. The general idea of absolute correlated tokens is as follows: Our tokens have a price of their own, but their basic variation is subject to the law of supply and demand, and they are also subject to the laws of supply and demand of a monopoly situation. We can thus create customized token prices. Let’s take a simple example: Suppose we have a token X that would be correlated to a cryptocurrency Y to hold a short Y position.”