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by quickthrower2 3041 days ago
The problem is pegging the token. It's a right old challenge pegging a crypto token to USD, let alone some company KPI, because the market decides what a thing is worth. And hype will push the price up, fear will crash it, and the underlying KPI might have something to do with the price, but probably not.
1 comments

Stocks seem to work well enough.

There's no way to control price to USD, but you can control tokens to metrics. To use bitcoin as an example, say I'm holding 1 bitcoin and the metrics go up n. That coin pops out x satoshi. Metrics go down n and I lose x satoshi.

Anyway, I clearly have no idea how it would work. But it clearly can work; people are willing to find these tokens valuable.