Hive Backed Dollar or simply HBD is a native stablecoin on Hive blockchain. While there are a few other renowned stablecoins in the market HBD needs to work hard to get its name list with the stablecoins on the top.
Looking at 1 year's performance graph of HBD on coinmarketcap, the graph doesn't look bad.
But there are a few things we as a community also need to do in order to promote HBD to the rest of the crypto world. If we could ask guys like @blocktrades etc to come forward and lead that might be helpful.
HBD's Supply (Circulating, Total, Max) on Coinmarketcap
If we look at the details Supply (Circulating, Total, Max) for HBD on coinmarketcap, you won't find these things.
However, they have given a submit a request here for the team's evaluation which looks a bit difficult for me to understand. If @blocktrades could do that.
Looking at Tether on coinmarketcap, it has 1,288,180 watchlists, which is some number.
HBD Markets
Coinmarketcap shows two exchanges for HBD, Bittrex and Upbit. If we could work on adding HBD on other exchanges as well, that could help promote HBD.
The more exchanges we have HBD listed, the more its good for HBD.
One thing to take into consideration by the platform is to work on HBD's liquidity.
What is your take about this?
Follow me:
@decoding