Well, if I understand it right than there will be part of the funds generated by the ICO locked in Steem to stabilize the exchange between Steem and XAP. That will mean that this Steem will not be availble on the market anymore which should be beneficial for the Steem price. Also, all ICO money must be paid in Steem (which currently is not possible hence the Ethereum token). that should also drive up demand for Steem as there will be some people investing millions into Appics and other SMT's.
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Thank you. This is exciting!
wao ,,, this is great for steemit's great platform, and of course for the steem coin, I look great with my steem coins, this is what this great project has to have, revolutionize, as they are doing with the first platform that pays its users for publishing and commenting, this is great, thanks for giving us new and very good news ,,,,
If it's not possible currently and they're using Ethereum what do you mean all ICO must be paid in Steem?