ICO Today Magazine News
Government currencies abandoned asset-backing in the 1970s, most cryptocurrencies do not have asset-backing either. This is the basis of the volatility of both of them.
The FreeMark is pegged in value and also asset-backed. An automated system provides pegging and asset-backing provides liquidity.
The system is financially engineered to protect owners against inflation and deflation, by using economies of scale to hedge against inflation. A stable currency reduces risk for an emerging large marketplace of global traders and manufacturers who want to export/import in a world with lower distribution barriers than ever before.