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Basis Stock

Basis is a price-stable cryptocurrency with an algorithmic central bank.

About Basis Stock

Basis (formerly Basecoin) is a price-stable cryptocurrency with an algorithmic central bank. Basis is designed to keep prices stable by algorithmically adjusting supplyWhen demand is rising, the blockchain will create more Basis. The expanded supply is designed to bring the Basis price back down. When demand is falling, the blockchain will buy back Basis. The contracted supply is designed to restore Basis price. The Basis protocol is designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power. For this reason, we refer to Basis as having an algorithmic central bank.

Funding History

October 2017$0
April 2018$133M
April 2018$0

Management

Co-Founder

Josh Chen

Co-Founder

Lawrence Diao

CEO & Co-Founder

Nader Al-Naji

Chief of Staff

Dionne Gordon

CTO

Brian Freyburger

General Counsel

Susan Sidd

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Basis or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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