Basis is a price-stable cryptocurrency with an algorithmic central bank.
Industries CryptocurrencyFinancial ServicesFinTechHeadquarters Regions Greater New York Area, East Coast, Northeastern US Closed Date Dec 2018 Founded Date 2017 Founders Josh Chen, Lawrence Diao, Nader Al-Naji Operating Status Closed Last Funding Type Initial Coin Offering Also Known As Intangible Labs, Basecoin Legal Name Intangible Labs, Inc.
Company Type For Profit
Contact Email hello@intangiblelabs.co
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.